Ram Nath Kovind will be the new President of India, to take oath on July 25
The Dollar Business Bureau Former Governor of Bihar and National Democratic Alliance's (NDA's) Presidential nominee Ram Nath Kovind will become the 14th President of India. He will succeed the incumbent President Pranab Mukherjee, whose tenure is completing on July 25. Kovind obtained 65.65% of votes from the Electoral College, while his opponent, joint Opposition nominee Meira Kumar got just 34.35%. “Kovind secured 2930 votes with a value of 7,02,044. Meira Kumar got 1,844 votes with the value of 3,67,314, and 77 votes were invalid,” informed Anoop Mishra, the returning officer for Presidential Election 2017. Prime Minister Narendra Modi congratulated Kovind for his win. “Gladdened by the extensive support for Ram Nath Kovind Ji among MPs and across various states,” Modi said. Kovind got votes of 522 ...
Mango exports to be down this year as production drop by 70% in UP
The Dollar Business Bureau Due to adverse weather conditions, the production of mangoes declined around 70% and mango cultivators have suffered huge losses in Uttar Pradesh this year. Therefore, the exports of ‘king of fruits’ would likely to go down from the state. “This year mango production will be between 10 lakh tonnes to 15 lakh tonnes only. There is 70% drop in mango production as compared to previous year,” Insram Ali, President of All India Mango Growers Association (AIMGA) told PTI. Due to low output, the exports of mango from Uttar Pradesh are also negligible as the growers are unable to export it, Ali said. “Though some growers are exporting it, but overall exports of the fruit will be quite less, he added. “There ...
Exports of beef haven't come down: Harsimrat
The Dollar Business Bureau Food Processing Minister Harsimrat Kaur Badal on Tuesday said that there is no decline in the exports of buffalo meat from legal slaughter houses in the country. The latest crackdown of illegal abattoirs in Uttar Pradesh is in compliance with the order of Supreme Court to check environment pollution and to protect the health of people, the Minister added. India, the biggest exporter of buffalo meat, shipped $3.76 billion worth of meat in the financial year 2016-17, according to Ministry of Commerce data. In April, the exports of beef dropped by 10.35% to $257.06 million compared to $287 million in the same month last year, as per the data given in Agricultural & Processed Food Products Export Development Authority (APEDA) data. “As far as I know, the export (of ...
Exports of beef haven't come down: Harsimrat
The Dollar Business Bureau Food Processing Minister Harsimrat Kaur Badal on Tuesday said that there is no decline in the exports of buffalo meat from legal slaughter houses in the country. The latest crackdown of illegal abattoirs in Uttar Pradesh is in compliance with the order of Supreme Court to check environment pollution and to protect the health of people, the Minister added. India, the biggest exporter of buffalo meat, shipped $3.76 billion worth of meat in the financial year 2016-17, according to Ministry of Commerce data. In April, the exports of beef dropped by 10.35% to $257.06 million compared to $287 million in the same month last year, as per the data given in Agricultural & Processed Food Products Export Development Authority (APEDA) data. “As far as I know, the export (of ...
World Bank to lend $375 mn for India's first National Waterways
The Dollar Business Bureau Inida's first waterways project received a financial backing of $375 million from international lender World Bank. The project is meant to create inland waterway for transportation between Haldia and Varanasi, on the 1,360-km stretch of the Ganges river. The loan sanctioned by World Bank covers 45% cost of the project, being undertaken under the Jal Marg Vikas scheme by the Shipping Ministry. The proposed project will facilitate navigation of commercial vessels with a capacity of 1,500-2,000 deadweight tonnage (DWT). Serving the industries on the banks of river Ganga, the new waterway will pass through four states namely Bihar, West Bengal, Jharkhand, and Uttar Pradesh. The industrial cities of Ghazipur, Bhagalpur, Kolkata, Howrah, Patna, Haldia, Allahabad and Varanasi will immensely benefit from this initiative. The development of National Waterway 1 (NW1) will also provide a good ...
Potato production in India to be at 47 MT this year
The Dollar Business Bureau India’s potato output is projected to be around 47 million tonnes in the current year, just a level below of all-time high recorded in 2014. The potato production was 43.4 million tonnes in the crop year 2015-16 (July-June), whereas the previous record was 48 million tonnes witnessed in 2014-15. “Looking at the crop condition and arrival in mandis, I feel the overall output will be close to record levels. Potato output would be around 47 million tonnes this year,” A K Singh, Managing Director, National Horticulture Board (NHB) told PTI. At first, NHB had estimated the production at 43.88 million tonnes this year. However, this will be reviewed after evaluating the arrival, Singh said. He further said that overall area under ...
UP govt to buy one lakh metric tonne of potatoes at Rs 487 per quintal
PTI In an effort to end the miseries of potato growers in Uttar Pradesh, the state government today decided to purchase one lakh metric tonnes of potato from farmers at Rs 487 per quintal. "Government aims at giving adequate price to potato growers, if we cannot give them profit, we want to give them price of their produce," Cabinet minister Shrikant Sharma told reporters after a meeting of the state cabinet. There have been reports that the potato farmers in the state were unable to get a proper price for their produce because of the presence of intermediaries. Services of four agencies including a central and state agency will be availed of for purchase of potato, he said. ...
No role of middlemen in wheat procurement: Adityanath
PTI Ruling out any role of middlemen in wheat procurement, Uttar Pradesh Chief Minister Yogi Adityanath today asked peoples' representatives to help in monitoring wheat purchase centres which will go functional in the state from April 1, 2017. "The Chief Minister has desired that MLAs and MPs help in monitoring of working at purchase centres and provide feedback on implementation of government orders in this regard," an official spokesman said. Cautioning that no one would be allowed to play with the interests of farmers, he has warned of stern action in case of laxity in any of the purchase centres. Pointing out that arrangements have been made to procure wheat directly from farmers, Adityanath said unlike the previous ...
