Day: November 5, 2021

Dampening rabi prospects: ‘DAP scarcity actual drawback, provides hardly bettering’

The federal government has claimed that the supply was 23 lakh tonne towards 18 lakh tonne of demand in October, which many farmer leaders have questioned amid persevering with queue earlier than fertiliser stores. DAP is often utilized earlier than planting.

As farmers maintain paying greater than Rs 1,200 for one bag of diammonium phosphate (DAP) — a key fertiliser in rabi season— amid a extreme scarcity, the federal government has been resorting to managing the unfavourable publicity quite than bettering provides, farmer leaders say.

The delay in elevating the subsidy for the imported fertiliser amid rising international costs has

‘Persevering with with financial stimulus more likely to be riskier for economic system’

Amandeep Singh Chopra, group president, UTI AMC

By Malini Bhupta

It’s time to tug again on the stimulus unleashed by the Reserve Financial institution of India in the beginning of the pandemic. In an interview with Malini Bhupta, UTI Asset Administration Firm’s Group President and Head of Fastened Revenue, Amandeep Singh Chopra, mentioned that a lot of the advantages of financial stimulus have performed out and persevering with with it could possibly be riskier for the economic system. Edited excerpts:

The central financial institution has executed loads to assist the economic system by protecting charges low and pumping in sufficient