The move comes amid reports that new wheat crop prices in Madhya Pradesh, which is one the biggest growing state has fallen to below the MSP of Rs 1,625 per 100 kilograms due to bumper harvest.
The June-September monsoon has so far delivered 1 per cent higher rainfall than average
The weather office forecasts monsoon rains to be above average this year after the droughts ravaged crops and worsened rural distress
India does not have a unified regulatory regime to counter Ponzi, or pyramid, schemes whose operators typically grab new deposits to meet their promise of guaranteed returns to existing savers, point out Manoj Kumar and Mayank Bhardwaj.
Prices are likely to rise further as demand grows in coming months due to festivals
Millions of farmers plant rice, cane, corn, cotton and soybean crops in the rainy months of June and July. Harvesting starts from October
India, which wants to double its coal output by 2020, in February raised the tax on mining coal to $6 per tonne from $1 in a bid to make it more expensive to consume the dirty fuel
Monsoon is critical for the country's 263 million farmers and their rice, cane, corn, cotton and soybean crops because nearly half of its farmland lacks irrigation.
To meet the target, agriculture must grow at 15% compared to average of below 2% over the past four years
Farmer suicides have nearly doubled in the drought-hit Marathwada region of Maharashtra.
Monsanto has taken the government to court over the royalty.
Modi's irrigation push in the Budget is aimed at scoring on the political front along with achieving growth targets
Money will be earmarked for the social sector - especially rural districts that house three-fifths of voters
India made it mandatory for customers to disclose their tax code, or Permanent Account Number (PAN), for purchases above Rs 200,000.
Every year Indians consume about 22 million tonnes of lentils
Citizens are encouraged to deposit jewellery, bars or coins with banks so it can be refined to meet fresh demand and cut the need for imports
The ethanol vehicles will have the flexibility to switch to other fuels
Prime Minister Narendra Modi launched a scheme to tap a pool of over 20,000 tonnes of gold held by households and temples.
A dedicated physical gold exchange could lead to standard gold pricing in India.
'It is quite natural for our farmers to go for rice and cane when both power and water are almost free.'
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