India’s GDP Soars: A Win For PM Modi’s GDP plus Welfare
December 01st, 09:12 pm
Exceeding all expectations and predictions, India's Gross Domestic Product (GDP) has demonstrated a remarkable annual growth of 7.6% in the second quarter of FY2024. Building on a strong first-quarter growth of 7.8%, the second quarter has outperformed projections with a growth rate of 7.6%. A significant contributor to this growth has been the government's capital expenditure, reaching Rs. 4.91 trillion (or $58.98 billion) in the first half of the fiscal year, surpassing the previous year's figure of Rs. 3.43 trillion.Cabinet approves Minimum Support Prices (MSP) for Rabi Crops for Marketing Season 2024-25
October 18th, 03:32 pm
Government has increased the MSP of Rabi Crops for Marketing Season 2024-25, to ensure remunerative prices to the growers for their produce. The absolute highest increase in MSP has been approved for lentil (masur) at Rs.425 per quintal followed by rapeseed & mustard at Rs.200 per quintal. For wheat and safflower, an increase of Rs.150 per quintal each has been approved. For barley and gram an increase of Rs.115 per quintal and Rs.105 per quintal respectively, has been approved.