The Bhupesh Baghel-led state government has started paddy procurement from December 1 at the support price, it has announced. Paddy procurement has been a political and social issue in the state. The state government is not allowing any kind of reduction in paddy procurement amid the Covid-19 crisis. Paddy is the major crop of Chhattisgarh, which is referred to as the Rice Bowl of India.

Farmers debt worth Rs 9,000 crores waived

The state govt has waived agricultural loans worth Rs 9,000 crores

Thousands of farmers from Punjab, Haryana, and Uttar Pradesh have been protesting at Delhi borders since last week, demanding for a rollback of new farm laws. Farmers claim that the new farm laws will hit their income, as those will eventually end the Minimum Support Price (MSP) system and lead to the corporatization of farming. “In states having weak APMC infrastructure, farmers are forced to sell outside mandis and generally they realise a price much

US-Japan Business Council (USJBC), as well as the US India Business Council (USIBC), have recently announced the joining of US-based Indian-American, Dr Vivek Lall, on its Board of Directors. Considered by many in Washington DC as the industry architect of the US-India relationship role this century, he was unanimously voted onto the board of the USJBC.

Since the turn of the century, US India defence trade has touched $ 20 billion mark. The new global order means India,

The government is mulling cancelling GST registration for 5.43 lakh taxpayers who have not filed monthly tax returns (GSTR-3B) for the last six months or more, sources in the revenue department said. Additionally, the department would ‘persuade’ 25,000 taxpayers, who have not filed returns for October that was due by November 24, to comply with tax return deadlines.

Sources said tax officers have been directed to follow up personally with

So far this financial year, Singapore and The United States of America have been the biggest contributors towards FDI equity inflows to India. Data published by the Department for Promotion of Industry and Internal Trade (DIPP) shows that Singapore has invested Rs 62,084 crore into India between April and September 2020. This was followed by the USA with Rs 53,266 crore of inflows. In the fiscal second quarter alone, India has received $28 billion of FDI inflows, which included equity inflows,

The record sowing during the Kharif season is likely to boost farm income, and eventually, support the agricultural economy amid the pandemic. Early indications show a healthy start to the procurement season that began in October, said a report by ICRA. While the bumper sowing kept the farm sentiments resilient, the same had to be supplemented by active procurement of rice at a minimum support price (MSP)