subvention schemes.... After 1947, Sitharaman said, India depended on a growth formula derived from the

The union cabinet today approved a host of changes into the Rs one trillion Agriculture Infrastructure Fund( AIF), including bringing Agriculture Produce Market Committees( APMCs) or regulated mandis within its ambit, a move which the government showcased as its commitment to keep them functioning. One key apprehension of the protesting farmers against the three reform acts brought last year has been that once the laws come into effect, the mandis will be dismantled, as lured by low taxes, tradi

Keeping that in mind, the Cabinet today decided to allow APMC to utilise the Rs 1 lakh crore financing facility under Agriculture Infrastructure Fund( AIF)." Stating that there was apprehension that APMCs will be abolished, the minister reiterated that these regulated mandis will not end.... However, this limitation will not be applicable to state agencies, national and state federations of cooperatives, federations of FPOs and federation of SHGs, he said. Location will mean physical boundary o

The government has so far disbursed Rs 2, 071 crore for 4, 003 projects under the Agriculture Infrastructure Fund, Agriculture Minister Narendra Singh Tomar said on Tuesday. Tomar, in a written reply to the Lok Sabha, said a total of 8, 488 projects have been sanctioned under the scheme so far with a loan amount of Rs 6, 098 crore." Out of which, Rs 2, 071 crores have been disbursed for 4, 003 projects," he said. Out of 8, 488 projects sanctioned so far, a maximum of 1, 954 projects were from Ma

Finance Minister Nirmala Sitharaman said on Tuesday that the resilience of the economy and strength of domestic demand will continue to make India an engine of growth amid the rapidly evolving global trade landscape as a result of US tariffs.In an interaction entitled the Opportunities and challenges for India's quest to become a developed economy by 2047'at the High Commission of India in London, she asserted that the economy was well placed to capitalise on domestic efficiencies and competitiv

Their only aim is to distract farmers.... This decision of the government to import milk will put a question mark on the very survival of the livestock holders of the country.... We are milk surplus, we don't need to import milk, not from Australia, not from anywhere....

Days before Diwali, the monthly economic review by the finance ministry has highlighted moderation in urban demand, softening consumer sentiments and limited footfall as areas that need to be watched.... Rural consumption, however, has mostly seen a revival, the companies pointed out.... Elaborating on urban demand, the finance ministry’s monthly review said that going forward, the ongoing festive season and improvement in consumer sentiments may boost urban consumer demand....

The incremental credit is likely to rise 10.8 per cent to Rs 19-20.5 trillion in the current fiscal compared to Rs 18 trillion or a 10.9 per cent growth in 2024-25, according to rating agency Icra.In a release on the Indian banking sector outlook, the agency said it expects the regulatory easing seen in recent months to support a credit expansion of about 10.8 per cent in FY2026. Such measures include the repo rate cut, deferment of proposed changes in the liquidity coverage ratio( LCR) framewor

Union Home Minister Amit Shah said on Tuesday that Rs 50, 000 crore is expected to be invested in Jammu and Kashmir after the unveiling of a new central scheme for industries. Launching a web portal for registration of industrial units under the' New Central Sector Scheme'in Jammu and Kashmir, Shah said a new dawn of investment and industrial development will begin in the Union Territory with this initiative." Today, the most attractive industrial policy of the country is here.... Under this po

Investments in India by Swiss companies such as engineering group ABB and transport firm Kuehne+ Nagel are on the rise, with a$ 100 billion regional trade deal expected to further open it up to businesses long geared towards China.... India's appeal has already reflected a broader shift among businesses in Europe eager to balance the costs of a US-China trade spat and recognition that the Chinese economy is, by comparison to India, losing steam.... But the trade and economic partnership( TEPA)