In a remarkable season for Kashmir’s horticulture industry, approximately 9 lakh metric tons of fruit, valued at around 600 crores, has been dispatched over the past four months, with Sopore Fruit Mandi alone contributing 4-5 lakh metric tons to this total.
The United States of America has taken the top spot yet again, and is predicted to be the fastest growing economy in the world in FY2025 with the country's GDP to be an estimated $29,840 billion, the IMF said in its report.
With the expected arrivals of chana from Australia and prospects of a robust kharif harvest, the government is aiming to bring down the prices of pulses, which have been at the elevated level for more than year, over the next few months.
The lowest price offered in the tender from Bangladesh's state grains buyer to buy 50,000 metric tons of rice that closed on Monday was assessed at $477.00 a tonne CIF liner out for rice sourced from India, an official in Bangladesh and European traders said.
As of 2nd November 2024, a total quantity of 90.69 LMT of paddy has arrived in the Punjab mandis out of which 85.41 LMT have been procured by State agencies and FCI. The paddy is being purchased at MSP @ Rs 2320/- as decided by Govt of India for Grade ‘A’ paddy and the total paddy purchased by Government till date in the ongoing KMS 2024-25, amounts to Rs 19800 crore benefitting 4 lakh farmers. Further, 4640 millers have applied for shelling of paddy and 4132 Millers have already been allotted work by Punjab State Government.
India will need to undertake a lot of very serious structural reforms to meet the aspiration of being an advanced economy by 2047, Krishna Srinivasan, director of the Asia and Pacific Department (APD) at the International Monetary Fund tells Deepshikha Sikarwar in an interview. The IMF in its Regional Economic Outlook has forecast India’s growth at 7% for FY25.