Narendra Modi on Monday accused previous central governments and those ruling the states of not taking any concrete decision on hiking minimum support prices (MSP) despite demands from farmers.
The green-shoots of demand growth seen in some rural pockets is driven by farm loan waivers and not likely due to real increases in rural incomes and wages, indicative that the economy is still some time away from a full-blown rural revival, says a report.
Prime Minister Narendra Modi today attacked the previous governments headed by opposition parties, accusing them of neglecting the people and not completing development projects on time.
Prime Minister Narendra Modi will address a farmers rally tomorrow at Midnapore town in West Bengal focusing on the Centre's recent decision to increase the MSP of Kharif crops.
The finance ministry may approach markets regulator Sebi to seek relaxation on the minimum 25 per cent public shareholding norm for some public sector banks (PSBs).
Brokerage BNP Paribas today said the Reserve Bank of India (RBI) will go for another 0.25 per cent hike in key policy rates at its August monetary policy review, a day after an official data showed retail inflation rising to a five-month high of 5 per cent in June.
Mamata Banerjee today urged a group of chief ministers, set up by the Centre, to consider the need to waive institutional loans of farmers and the formation of adequate budgetary provision for it by the union government.
Prime Minister Narendra Modi launched a scathing attack on the Congress, alleging that it had betrayed the peasantry and used them as vote bank to further the interests of "one particular family".
Radha Mohan Singh today termed as "historic" the Narendra Modi government's decision to increase the minimum support price (MSP) of Kharif crops to 1.5 times the cost of production.
Area sown to rice, the main kharif crop, has remained lower by 15 per cent at 67.25 lakh hectare (ha) so far in the 2018-19 season due to uneven distribution of rainfall.