Price Stabilisation Fund Management Committee recommends increase in buffer stock of pulses due to continued inflation in market prices & increasing y-o-y production.
Prices are already increasing as hotels & restaurants reopen, govt acquires large quantities for distribution under Covid plan, and demand rises further.
NAFED has procured 21.43 lakh metric tonnes of chana dal, as Modi govt has promised 1 kg per month free to every ration card-holding family until November.
From coastal Andhra Pradesh to Jallianwala Bagh in Punjab, from bonfires in UP to midnight pledges in Chennai and Lahore, Vande Mataram was a war cry to galvanise people toward azaadi.
With the US-India trade deal yet to get done, rupee depreciation may be helping to mitigate India’s loss of competitiveness. The other problem is extreme despondence among overseas equity investors.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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