by admin | May 25, 2021 | Commodities, Commodities News, Commodity Market, Investing
Chandigarh : Making it another bumper rabi crop, food grain states Punjab and Haryana have procured over 206 lakh tonnes of wheat this season, food and supplies officials in both states said on Monday.
In Punjab, the wheat procurement was over 122.1 lakh tonnes as compared to 113 lakh tonnes procured in the same period last year. Over 121.6 lakh tonnes (99.6 percent) has been procured by government agencies.
Officials said that out of the wheat procured, nearly 102 lakh tonnes have been lifted from grain markets for storage.
In Haryana, nearly 84 lakh tonnes of wheat has been procured so far this season. The procurement is higher than the corresponding period last year.
State procurement agencies had procured 74.25 lakh tonnes wheat in the entire season. Procurement in both states started on April 1.
—-IANS
by admin | May 25, 2021 | Commodities, Commodities News, Economy, Markets, News
Chandigarh : The Haryana government has made arrangements for the procurement of 80 lakh tonnes of wheat in the current Rabi season, a senior officer said on Monday.
The wheat will be procured at the minimum support price (MSP) of Rs 1,735 per quintal.
The procurement target is set higher than the 74.25 lakh quintal tonnes of wheat procured in the season last year.
The Agriculture Department has estimated the production of wheat at about 117.80 lakh tonnes this time.
Additional Chief Secretary, Food, Civil Supplies and Consumer Affairs Department Ram Niwas told media here on Monday that the Reserve Bank of India has made Rs 4,900 crore available for payment for the procurement of wheat.
He said that arrangements have been made in 383 grain markets for the wheat procurement.
Neighbouring Punjab has set a target of wheat procurement of 130 lakh tonnes.
—IANS
by admin | May 25, 2021 | News, Politics
New Delhi : The Supreme Court on Monday stayed the trial in Junaid Khan lynching case as it sought response from the Central Bureau of Investigation and Haryana government on a plea seeking the transfer of investigation from the state police to the CBI.
Junaid Khan, 16, was lynched by a mob on board a Mathura-bound train in Haryana on June 22, 2017, following a row over seats which allegedly led to snowballed into religious slurs being hurled. The murder triggered nationwide outrage.
The bench of Justice Kurian Joseph and Justice Mohan M. Shantanagoudar stayed the trial before the court in Haryana’s Faridabad and sought response on transfer of investigation to CBI on a plea by Junaid Khan’s father Jalaluddin.
Jalaluddin has moved the top court challenging November 27, 2017 Punjab and Haryana High Court order rejecting his plea for handing over the investigation to CBI.
Holding that there was no substance in the plea to indicate that the investigation by the state police was tainted or shoddy, the High Court had said that there appeared no deliberate attempt to derail the investigation.
It had declined to exercise its extraordinary powers, saying that the case did not have any national or international ramifications.
Junaid and his cousins Hasim Moin and Shakir Moin were on the EMU train going from Ghaziabad to Mathura after Eid shopping on June 22.
The accused, along with around a dozen others, boarded at Okhla and ordered Junaid and his brothers to give them their seats.
When they refused, the three were brutally beaten up, stabbed and dumped at Asaoti railway station in Palwal district.
—IANS
by admin | May 25, 2021 | Corporate, Corporate finance, Corporate Governance
New Delhi : The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved promotion of agricultural mechanisation for in-situ management of crop residue in Punjab, Haryana and Uttar Pradesh and NCT of Delhi to address air pollution in the national capital.
A new central sector scheme was proposed in this Union Budget to address air pollution with total outlay of Rs 1,151.80 crore.
Establishment of farm machinery banks for custom hiring of in-situ crop residue management machinery and financial assistance to the farmers for procurement of such machinery are major components of the scheme.
Also, mass awareness campaigns will be undertaken along with capacity building programme, advertisement in print media, star campaigning, award for village and gram panchayat for achieving zero straw burning.
—IANS
by admin | May 25, 2021 | Business, Economy, Emerging Businesses, Markets, News, Politics, SMEs

Birender Singh
Chandigarh : Union Minister of Steel Birender Singh said on Monday, that 20,000 mandis would be established in the country so that farmers could get better prices for their produce.
Interacting with media at Safidon town in Haryana’s Jind district, he said that the Central government has been actively working towards doubling the income of farmers and concrete steps were being taken in this direction.
He said that last year loans were provided to about 6-7 crore farmers and the target this year has been set to provide loan to about 11 crore farmers to make farming profitable.
—IANS