1. The Cabinet Committee on Economic Affairs (CCEA) has approved the New Urea Policy-2015 which should help facilitate new investments in the sector, particularly by way of new plants being set up and the augmentation of existing capacity.
2. Bad monsoon, unseasonal rain drag food grain output to 5% i.e. four-year low of 251.12 million tonnes.
3. Despite the Union Agriculture Ministry’s clarification that the Meena Kumari Committee report recommending letting foreign vessels to fish in India’s Exclusive Economic Zone has been ‘thoroughly rejected’ by the Centre, fishing unions in the coastal States are not convinced.
4. India is hopeful that China will provide market access to its non-basmati rice – blocked till now as quality norms have not been defined between the two countries – during Indian Prime Minister's visit later this week.
5. An El Nino has been declared in the east and equatorial tropical Pacific, proving right forecasts put out by a number of weather and climate models worldwide.The Australian Bureau of Meteorology officially raised its tracker to ‘El Nino’ status on Tuesday from El Nino ‘watch’ and El Nino ‘alert’ over the past few months.
6. The government has cut the estimate on wheat output to 90.78 million tonnes from the February estimate of 95.76 million tonne.
7. The Centre fixed the subsidy rates for complex fertilisers -- Diammonium Phosphate and Muriate of Potash -- for current fiscal at the same rate as that of last year's level of Rs 12,350 and Rs 9,300 per tonne, respectively.
8. Gurudwaras advise farmers to conserve water and plant crops in kharif season.
2. Bad monsoon, unseasonal rain drag food grain output to 5% i.e. four-year low of 251.12 million tonnes.
3. Despite the Union Agriculture Ministry’s clarification that the Meena Kumari Committee report recommending letting foreign vessels to fish in India’s Exclusive Economic Zone has been ‘thoroughly rejected’ by the Centre, fishing unions in the coastal States are not convinced.
4. India is hopeful that China will provide market access to its non-basmati rice – blocked till now as quality norms have not been defined between the two countries – during Indian Prime Minister's visit later this week.
5. An El Nino has been declared in the east and equatorial tropical Pacific, proving right forecasts put out by a number of weather and climate models worldwide.The Australian Bureau of Meteorology officially raised its tracker to ‘El Nino’ status on Tuesday from El Nino ‘watch’ and El Nino ‘alert’ over the past few months.
6. The government has cut the estimate on wheat output to 90.78 million tonnes from the February estimate of 95.76 million tonne.
7. The Centre fixed the subsidy rates for complex fertilisers -- Diammonium Phosphate and Muriate of Potash -- for current fiscal at the same rate as that of last year's level of Rs 12,350 and Rs 9,300 per tonne, respectively.
8. Gurudwaras advise farmers to conserve water and plant crops in kharif season.
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