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To strengthen grassroots connect, Madhya Pradesh BJP to appoint page pramukhs | India News indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Recovery blues Covid’s second wave will have an economic, fiscal and welfare impact The economic fallout of India’s second Covid surge cannot be underestimated. This is despite the fact that an extended national lockdown like last year’s, when Q1 GDP tanked 23.9 per cent, is virtually off the table. Localised lockdowns, night curfews, and curbs on assembly and movement will leave their mark, more so if they are implemented in the 10 Covid intensive States which happen to account for 65 per cent of GDP, as analysts have pointed out. The Monetary Policy Committee in its latest meeting has observed: “The renewed jump in Covid-19 infections. could dampen the demand for contact-intensive services, restrain growth impulses and prolong the return to normalcy.” While the Reserve Bank has not revised its growth forecast of 10.5 per cent for this fiscal, other observers have done so. In its latest assessment, SBI has shaved off 0.6 percentage points from its earlier estim ....
Punjab government postpones wheat procurement sentinelassam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sentinelassam.com Daily Mail and Mail on Sunday newspapers.
Synopsis Figures show procurement continued even after FCI stocks met the demands of the country’s food security and other welfare schemes. The stock is high despite the government offloading a large quantity of wheat and rice under PM Garib Kalyan Ann Yojna. (This story originally appeared in on Dec 17, 2020)NEW DELHI: Government figures show that Food Corporation of India procurement has far exceeded the buffer stock limit and by January 1,2021, India will have foodgrain reserves 2.7 times more that what is required, reflecting sustained procurement but also a massive problem of plenty. Figures show procurement continued even after FCI stocks met the demands of the country’s food security and other welfare schemes. The stock is high despite the government offloading a large quantity of wheat and rice under PM Garib Kalyan Ann Yojna. Even the high offloading during the Covid-19 pandemic to help the poor and migrants could not deplete India’s foodgrain ....
Representative image NEW DELHI: Government figures show that Food Corporation of India procurement has far exceeded the buffer stock limit and by January 1,2021, India will have foodgrain reserves 2.7 times more that what is required, reflecting sustained procurement but also a massive problem of plenty. Figures show procurement continued even after FCI stocks met the demands of the country’s food security and other welfare schemes. The stock is high despite the government offloading a large quantity of wheat and rice under PM Garib Kalyan Ann Yojna. Even the high offloading during the Covid-19 pandemic to help the poor and migrants could not deplete India’s foodgrain mountain, underlining a robust procurement system as also the costs of pruchase and storage. ....