New Delhi: The government’s fertilizer subsidy bill in FY24 is expected to fall 20-24% from the year before to ₹1.7-1.8 trillion because of lower international prices and smaller urea imports, said chemicals and fertilizer minister Mansukh Mandaviya on Wednesday. In FY23, the Centre spent ₹2.25 trillion on fertilizer subsidies, as per revised estimates. The budgeted estimates for […]
India Implements 50% Duty on Molasses Exports: Exploring the Impact on Global Trade and Agriculture
New Delhi: The government has imposed a 50% export duty on molasses, a by-product of sugarcane, with effect from Thursday, according to a government order. This decision, announced late Monday, is in response to a sugarcane shortage caused by erratic monsoon rains. The export duty is a strategic measure to regulate the supply and demand […]
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Why do Indian farmers grow crops using this Israeli technology, which leads to double income?
Indian farmers are also earning good profits by using Israeli technology in farming. Due to farming using Israeli technology, the productivity of the land is also increasing. Farming with Israeli technology: Israel is always in the news for its technology, whether it is the defense system Iron Dome or various new systems used in farming. This is […]