Basmati rice produced in Haryana, especially in Karnal district is in much demand all over the world, being exported to nearly 160 countries including Gulf countries, Srilanka, Nepal, Italy, Thailand, Spain, China, Africa, United States and many European countries. 

 

The Government’s intent to drive self-sufficiency in production of pulses found a mention in the Union Budget presented on Tuesday. 'For achieving self sufficiency in pulses and oilseeds, we will strengthen their production, storage and marketing,' Finance Minister, Nirmala Sitharaman said in her budget speech.

 

Indonesia could import up to 4.3 million tons of rice this year if the domestic harvest is insufficient, Sarwo Edhy, the secretary of the National Food Agency, said on Monday.

Indonesia, which imported 2.22 million tons of rice between January and May, currently plans to import 3.6 million tons of rice this year.

The Embassy of India, Muscat, organized an India-Oman Business-to-Business (B2B) Meet at the Sheraton Oman Hotel on 22nd July 2024. The event saw the participation of 27 Indian companies from the agriculture and food sectors, led by Dr. Sudhanshu, Secretary of the Agricultural and Processed Food Products Export Development Authority (APEDA). 

 

 

Budget Estimates 2024-25:

• • Total receipts other than borrowings: `32.07 lakh crore.
  • Total expenditure: `48.21 lakh crore.
  • Net tax receipt: `25.83 lakh crore.
  • Fiscal deficit: 4.9 per cent of GDP.
• Government aims to reach a deficit below 4.5 per cent next year.
• Inflation continues to be low, stable and moving towards the 4% target; Core inflation (non-food, non-fuel) at 3.1%.

• The focus of budget is on EMPLOYMENT, SKILLING, MSMEs, and the MIDDLE CLASS.

Package of PM’s five schemes for Employment and Skilling

•  Prime Minister’s Package of 5 Schemes and Initiatives for employment, skilling and other opportunities for 4.1 crore youth over a 5-year period.
  1. Scheme A - First Timers: One-month salary of up to `15,000 to be provided in 3 installments to first-time employees, as registered in the EPFO.
  2. Scheme B - Job Creation in manufacturing: Incentive to be provided at specified scale directly, both employee and employer, with respect to their EPFO contribution in the first 4 years of employment.
  3. Scheme C - Support to employers: Government to reimburse up to `3,000 per month for 2 years towards EPFO contribution of employers, for each additional employee.
  4. New centrally sponsored scheme for Skilling
     • 20 lakh youth to be skilled over a 5-year period.
     • 1,000 Industrial Training Institutes to be upgraded in hub and spoke arrangements.
  5. New Scheme for Internship in  500 Top Companies  to 1 crore youth in 5 years

The King of Bhutan, Jigme Khesar Namgyel Wangchuk and Prime Minister of Bhutan Tshering Tobgay are currently visiting India. During their visit, the dignitaries visited the Statue of Unity in Ektanagar, Gujarat, along with other members of their high-level delegation.