Zia Haq

Zia Haq reports on public policy, economy and agriculture. Particularly interested in development economics and growth theories.

Articles by Zia Haq

Bhutan reaches out for rice amid export ban, India likely to offer it

Bhutan has requested India to allow rice export to the country after India banned overseas shipments of non-basmati rice, causing global rice prices to rise. Bhutan has made a diplomatic request for rice shipments of up to 90,000 tonnes. India's rice ban allows for exemptions for export under government-to-government deals and in cases of requests made by "friendly countries" with genuine food-security needs. India's share in global rice exports is nearly 40%.

In September last year, India also banned the export of broken rice, but it has allowed exports to some countries (PTI)
Updated on Aug 08, 2023 12:45 AM IST
By, New Delhi

No plans to import wheat: Centre

India has not planned to import wheat from any country under government-to-government scheme, said an official

India has not planned to import wheat from any country under government-to-government scheme, says an official. (AFP)
Updated on Aug 05, 2023 12:01 AM IST
By, New Delhi

Govt likely to cut wheat-import duty, raise stock limits to tame prices

The world’s second-largest grower of wheat imposed a ban on exports of the grain in May 2022, after searing temperatures trimmed output

A number of anti-inflation measures over the past several hasn’t stamped out food inflation, especially in cereals. (Reuters file photo)
Updated on Aug 04, 2023 05:34 PM IST

Sufficient sugar stocks to meet festive demand: Centre

The country currently has 10.8 million tonne of sugar. This quantity is sufficient to meet current demand and also the demand for the upcoming festive season when demand goes up

India currently has a stock of 10.8 million tonne of sugar. (Representative image)
Updated on Aug 04, 2023 05:25 PM IST

Rain brings more ruin to tomato crops, worsening price spiral

Skyrocketing tomato prices may see further spikes due to torrential rains that damaged crops in Karnataka and Maharashtra, according to traders and officials.

Chikkamagaluru: Vendors load tomatoes for distribution and sales, in Chikkamagaluru, Tuesday, Aug. 1, 2023. (PTI Photo)(PTI08_01_2023_000250A) (PTI)
Updated on Aug 02, 2023 12:38 AM IST
By, New delhi

Over 55% tribal households covered under Jal Jeevan Mission: Centre

Nearly 55% of Scheduled Tribe rural households in the country have been provided with a tap water connection under the Jal Jeevan Mission till July 26.

Of the country’s 21.7 million tribal rural households, 12 million have been provided tap water connections since the launch of the mission by Prime Minister Narendra Modi in 2019, data cited by the minister show.
Updated on Aug 01, 2023 12:24 AM IST
By, New Delhi

Sowing picks pace but east battles drought concerns

An uneven monsoon has nearly caused droughts in parts of eastern Uttar Pradesh, Bihar and Jharkhand, stoking concerns.

Farmers have sown 23.75 million hectares under paddy, the main summer staple. (Mansur Mandal)
Updated on Jul 30, 2023 03:06 AM IST

Farm insurance scheme rejigged for fast payouts

Claimants can get partial payouts proportionate to the Centre’s share on time while earlier guidelines stipulated that central funds were to be released only when states release theirs

The PMFBY is the country’s main subsidized crop insurance scheme, where farmers pay between 1.5% and 2% of the premiums depending on crop cycles (Bloomberg)
Updated on Jul 25, 2023 12:27 AM IST

Replanting of rain-hit crops likely to push back summer harvest: Analysts

Torrential rains and flooding have damaged summer crops across states, forcing farmers to replant or wait for the water to recede from submerged fields

Farmers forced to replant summer crops due to deficient rainfall at some areas or submerged fields in others. (HT Archive)
Updated on Jul 24, 2023 02:47 AM IST

Sahara scam: Centre launches portal to refund duped investors

Amit Shah on Tuesday launched the Sahara refund portal to begin the process of refunding claims worth ₹5,000 crore of millions of small depositors.

Union home minister Amit Shah. (ANI)
Updated on Jul 19, 2023 04:45 AM IST
By, New Delhi

Tomatoes with subsidised cost to reach more states; ‘dal’ get cheaper

Union minister Piyush Goyal electronically opened the sale of subsidised chickpeas under the brand name ‘Bharat Dal’

Authorities are monitoring localized inflation trends and supplies of essential items in over 500 centres (PTI)
Updated on Jul 18, 2023 04:50 AM IST
By, New Delhi

80/kg: Govt further reduces tomato rates

The Indian government has reduced the price of subsidized tomatoes from ?90/kg to ?80/kg in major cities to address rising food inflation. The price reduction is being implemented through two state-backed firms, NAFED and NCCF, and will be rolled out to more cities depending on market prices. The tomato crisis is due to extreme weather conditions and climate change-induced shortages. Analysts predict high grocery inflation until September due to last year's lower crop output and recent heavy rains.

Jammu: A vendor waits for customers at a wholesale vegetable and fruit market on the outskirts of Jammu, Friday, July 14, 2023. Tomato prices are soaring across the nation. (PTI Photo) (PTI07_14_2023_000057A) (PTI)
Updated on Jul 16, 2023 11:53 PM IST
By, New Delhi

Govt sells tomatoes at discount rate of 90/kg

According to analysts, consumers will feel the pain of high grocery inflation at least until September

People buy tomatoes at a discounted rate outside Krishi Bhavan in New Delhi (PTI)
Updated on Jul 14, 2023 11:55 PM IST

Wholesale inflation falls 4.18%, an 8-yr low, amid a spurt in retail prices

Torrential rains in two-thirds of the country have triggered widespread flooding in several states, hindering movement of farm and manufactured goods

Wholesale inflation in food articles climbed 1.32%, against a rise of 1.51% in the previous month. (AFP file image)
Updated on Jul 14, 2023 05:43 PM IST

Food prices drive retail inflation to 3-month high of 4.81%

Poor families are disproportionately impacted by high grocery bills as they tend to spend a higher proportion of their monthly budgets on food.

Food inflation, as measured by the consumer food price index, leapt to 4.49% in June. (MINT_PRINT)
Updated on Jul 13, 2023 01:52 AM IST
By, New Delhi

Food prices drive retail inflation to three-month high of 4.81%

Food prices in June jumped 4.49%, compared to a 2.96% climb in the previous month, pushing up overall inflation numbers

Vendors arrange vegetables on their carts at a wholesale vegetable market (Reuters File Photo)
Updated on Jul 12, 2023 06:57 PM IST

Cooperatives vital to India’s economy: Modi at launch of e-commerce app

Cooperatives are vital to India’s goal of leapfrogging into a developed economy, Prime Minister Narendra Modi said on Saturday, launching a Google Cloud-powered e-commerce app to promote businesses in the sector.

Cooperatives vital to India’s goal of leapfrogging into a developed economy, Prime Minister Narendra Modi said on Saturday. (PIB)
Updated on Jul 02, 2023 12:13 AM IST

Uneven rainfall hits paddy sowing in India

Uneven monsoon impacts rice planting in India, with farmers planting 26% less than last year. Heavy rain in northern states narrows rainfall deficiency.

Rains have been scanty in major rice growing states such as Odisha, Andhra Pradesh as well as Maharashtra, a major producer of cotton, sugarcane and oilseeds (Hindustan Times)
Updated on Jul 01, 2023 12:43 AM IST

Decoding modalities, challenges of transition to organic fertilisers

The decision is part of a broader push to limit subsidies on chemical crop nutrients and balance their use

The success of PM-Pranam, the flagship scheme in the push towards natural farming, will squarely depend on the states. It seeks to hand out cash incentives to state governments that can cut their consumption of chemical soil nutrients.
Updated on Jun 29, 2023 06:06 AM IST

Cabinet increases floor price paid to sugarcane farmers

Cane farmers form a politically influential voting bloc in states such as Uttar Pradesh, which sends the highest number of lawmakers to Parliament

Union ministers Anurag Thakur and Mansukh Mandaviya address a media briefing on the Cabinet decisions, at the Media Centre, in New Delhi on Wednesday. (ANI)
Updated on Jun 29, 2023 03:26 AM IST
By, New Delhi

Sowing picks pace as monsoon revives

Sowing of key summer crops accelerated after a long pause following a revival of the monsoon, which has narrowed rainfall deficiency from 33% a week ago to 23% as on date, an official tracking crops said on Tuesday.

Expansion of the monsoon has allowed farmers in UP, Haryana, MP and Rajasthan to sow paddy and other crops. (HT PHOTO)
Updated on Jun 28, 2023 08:26 AM IST

Govt to sell tur in open markets to cool prices amid supply crunch

Rising protein-led prices can be a significant driver of inflation and household expenses even as the government has imposed a slew of price-control measures ahead of a series of polls

Pulses are a common source of protein for most Indians. (AFP)
Updated on Jun 27, 2023 03:14 PM IST

Centre may tweak pension policy to give assured benefit

The issue of pension has been a hot-button political issue, with opposition parties promising a switch to the old pension scheme during state elections.

The move will require some changes to the current market-linked pension plan launched in 2004 and comes amid a switch by several opposition-ruled states to an old pension scheme.
Updated on Jun 26, 2023 07:38 AM IST

India's cooperatives form a vital cog in the wheel of domestic growth. And the C

At the heart of the Centre's plans to build a $5 trillion economy lies a widespread network of grassroots financial centres. Here's what it plans to do with it

At the heart of the Gross Domestic Product (GDP) expansion lies a little-known network of nearly 60,000 rural grassroots financial centres, of which only 36,000 currently run profitable businesses.
Published on Jun 23, 2023 10:05 PM IST

Farmers can now enrol for PM-Kisan via new mobile app with face recognition

The Android-based app is aimed at simplifying on-boarding of beneficiaries, who can now self enroll themselves

Users can monitor transaction status, link their land records, which is mandatory to avail the benefits, know dates of installments through the app, according to details shared by the ministry (HT Photo)
Updated on Jun 23, 2023 05:37 AM IST

In a green agri push, cabinet nod likely for PM-Pranam, 2 schemes

India's Ministry of Chemicals and Fertilizers is set to propose a cash incentive scheme called PM-Pranam, which rewards states for reducing their consumption of chemical soil nutrients. The move is part of a wider policy designed to limit fertilizer subsidies and promote natural and organic farming. The scheme is expected to save the government INR190bn ($2.5bn) in subsidies and will be calculated at 50% of fertilizer subsidy savings by way of reduced consumption for a given year based on a baseline average consumption of the past three years.

Food and fertiliser subsidies accounted for about an eighth of India’s budget worth nearly <span class='webrupee'>₹</span>39 lakh crore (2022-23). India, the world’s third-largest fertilizer buyer, relies on imports to meet domestic demand. (Raminder Pal Singh)
Updated on Jun 21, 2023 12:31 AM IST

Slack monsoon slows planting of summer crops paddy, pulses, oilseeds

Farmers have time till mid-July to make up for the shortfall but much depends on the progress of the June to September monsoon, analysts said

The rain bearing system, the lifeblood of Asia’s third-largest economy, was 47% below normal between June 1 and 13, the period for which sowing data are available (REUTERS)
Updated on Jun 20, 2023 06:25 AM IST
By, New Delhi

States barred from bidding for food grains held by Centre

The Centre’s decision to exclude states from the auctions follows a move on June 13 to stop all sales to states from federal stocks held by FCI.

India’s federally held food stockpile stands at 72.5 million tonne, which includes a large surplus. (Representational Image)
Updated on Jun 19, 2023 04:59 AM IST
By, New Delhi

Key ministers review cyclone preparations

Union health, fertilisers and chemicals minister Mansukh Mandaviya reached Gujarat’s Kutch on Wednesday and reviewed safety measures

A policeman stands guard on a deserted beach on the Arabia Sea coast at Mandvi in Kutch district of Gujarat (AP)
Updated on Jun 15, 2023 12:26 AM IST
By, New Delhi

Govt unveils 7.5k-cr project for renovation of Cochin Port

India’s 7,500km coastline has 200 ports, 12 of which are classified as critical to the economy, including Cochin

Visuals from the event on Sunday. (Twitter Photo)
Updated on Jun 12, 2023 11:37 AM IST
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