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In a landmark decision, the Union Cabinet has approved the minimum support price (MSP) for 14 key crops, ensuring a price that is at least 1.5 times the cost of production. This move is aimed at providing substantial financial relief to farmers as the Kharif (summer) sowing season begins. The MSP for paddy has seen a notable increase of ₹117, announced Information and Broadcasting Minister Ashwini Vaishnaw during a Cabinet briefing. Significance of the MSP Approval The decision to revise the MSP comes at a crucial time, ahead of the Assembly polls in states like Haryana, Maharashtra, and Jharkhand. Farmers have been demanding a legal guarantee for MSP, and this decision addresses those demands, which have led to large-scale protests in the past. Prime Minister Narendra Modi has consistently emphasized the welfare of farmers. Minister Vaishnaw highlighted that the first decision of the third term of the current government was dedicated to farmers. The latest Cabinet meeting also prioritized farmer welfare by approving the MSP for 14 crops for the Kharif season. Breakdown of MSP Increases Paddy and Cotton The MSP for paddy has been increased by 5.35%, or ₹117, setting the new price at ₹2,300 per quintal. This is a significant rise from the ₹1,310 per quintal in 2013-14. For cotton, the MSP for the normal variety has been set at ₹7,121, and for a higher variety, it is ₹7,521, reflecting a ₹510 increase from the previous MSP. Millets and Pulses Millets have gained special attention, with MSPs set as follows: Jowar: ₹3,371 per quintal Ragi: ₹4,290 per quintal Bajra: ₹2,625 per quintal Maize: ₹2,225 per quintal Among pulses, the MSP for moong is now ₹8,682, tur at ₹7,550 (a ₹550 increase), and urad at ₹7,400. Oilseeds Oilseeds have also seen a hike, with significant increases in the MSP for sunflower and groundnut, ensuring better returns for farmers cultivating these crops. Ensuring Fair Pricing The decision aligns with the 2018 Union Budget policy, which mandated that the MSP should be at least 1.5 times the cost of production. This pricing strategy has been scientifically established through a study by the Commission for Agricultural Costs and Prices, conducted across various districts and tehsils nationwide. Additional Support for Farmers In addition to the MSP increase, the Prime Minister has released ₹20,000 crore as part of the 17th installment of the Kisan Samman Nidhi. This income support scheme provides farmers with up to ₹6,000 per year, further bolstering their financial stability. Impact on Farmers and the Agricultural Sector The approval of the revised MSP is expected to have a substantial positive impact on farmers' income and the overall agricultural sector. By ensuring that farmers receive fair compensation for their produce, the government aims to reduce financial distress and promote sustainable farming practices. This move also encourages farmers to invest in better farming techniques and resources, ultimately leading to increased productivity and improved crop quality. Conclusion The Union Cabinet's decision to approve the MSP for 14 crops, ensuring a price that is 1.5 times the cost of production, marks a significant step towards supporting and empowering farmers. With notable increases in the MSP for paddy, cotton, millets, pulses, and oilseeds, this move addresses the long-standing demands of the farming community and aligns with the government's commitment to their welfare. As the Kharif season begins, farmers can look forward to better financial returns and a more secure future. NEWS
  • June 19, 2024

Centre Approves MSP for 14 Crops, Boosting Farmers Income by 1.5 Times Production Cost

In a landmark decision, the Union Cabinet has approved the minimum support price (MSP) for 14 key crops, ensuring a…
Heatwave Causes Over 550 Deaths During 2024 Hajj Pilgrimage in Saudi Arabia The extreme heatwave during this year's Hajj pilgrimage in Saudi Arabia has resulted in over 550 deaths, with temperatures soaring to a scorching 51.8 degrees Celsius at Mecca's Grand Mosque on June 17. The majority of the victims were Egyptian pilgrims, accompanied by at least 60 Jordanians and 5 Iranians. Unprecedented Heat Claims Lives During Hajj 2024 According to diplomatic sources from Saudi Arabia, at least 550 pilgrims succumbed to heat-related issues during the 2024 Hajj pilgrimage. These sources, reported by multiple media outlets, confirmed the staggering death toll. Record-Breaking Temperatures in Mecca On June 17, temperatures at Mecca's Grand Mosque reached an unprecedented 51.8 degrees Celsius. This extreme heatwave primarily affected Egyptian pilgrims, resulting in the death of 323 Egyptians due to heat-related illnesses. Additionally, the toll included at least 60 Jordanians and 5 Iranians, as reported by diplomatic sources coordinating the response from their respective countries. Egypt's Heavy Losses Egyptian pilgrims faced the most significant impact, with 323 confirmed deaths due to the sweltering heat. According to Arab diplomats, these fatalities were primarily caused by heat-related illnesses, as reported by the hospital morgue in Mecca's Al-Muaisem neighborhood. Jordanian and Iranian Casualties The death toll among Jordanian pilgrims rose to 60, an increase from the earlier count of 41. This brings the total number of fatalities across multiple nationalities to 577, based on media estimates. Saudi Arabia's Response to Heat-Related Deaths Despite these reports, Saudi Arabia's health ministry stated on June 17 that there were no significant heat-related deaths among this year's pilgrims. Jameel Abualenain, a health ministry official, attributed the fatalities to varied health conditions and pre-existing illnesses among the pilgrims. Addressing Comorbidities and Vulnerable Populations Abualenain emphasized the diversity of the pilgrim population, noting the presence of elderly individuals and those with different comorbidities and medication compliance issues. This varied health landscape contributed to the challenges in managing the health crisis during the Hajj. Impact of Climate Change on Hajj Temperatures A recent study published in the Journal of Travel and Medicine by Saudi researchers highlighted a gradual increase in temperatures in Hajj ritual areas by 0.4 degrees Celsius per decade, reflecting the impact of climate change. This year's extreme heat, with temperatures exceeding 50 degrees Celsius, underscored the urgent need to address climate-related challenges. Collaborative Efforts to Manage Heat Stress Egypt's foreign ministry confirmed ongoing collaboration with Saudi authorities to search for missing Egyptians, though the exact number of casualties remained unspecified. Saudi authorities reported treating over 2,000 pilgrims for heat stress, but there have been no updates on the death toll since Sunday. Historical Context of Pilgrim Deaths Last year, various nations reported at least 240 deaths among pilgrims, predominantly Indonesians. The 2024 Hajj pilgrimage's significantly higher death toll highlights the severe impact of this year's heatwave and the pressing need for improved measures to protect vulnerable pilgrims. Conclusion The tragic loss of over 550 lives during the 2024 Hajj pilgrimage in Saudi Arabia due to an unprecedented heatwave serves as a stark reminder of the dangers posed by extreme weather conditions. As temperatures continue to rise, addressing climate change and ensuring the safety of pilgrims during Hajj becomes increasingly critical. The collaborative efforts between countries and Saudi authorities aim to mitigate such risks and prevent future tragedies. NEWS
  • June 19, 2024

Heatwave Causes Over 550 Deaths During Hajj 2024

Heatwave Causes Over 550 Deaths During 2024 Hajj Pilgrimage in Saudi Arabia The extreme heatwave during this year’s Hajj pilgrimage…
Court Dismisses NEET Candidate's 'Torn OMR Sheet' Plea: Understanding the Verdict Overview of the Case The Allahabad High Court recently ruled on a petition filed by Ayushi Patel, a candidate for the NEET 2024 exam. Patel alleged that her OMR sheet was torn, leading to discrepancies in her results. She claimed her score based on the answer key was 715, but the official result showed only 335 marks under a different application number. The case gained attention after a viral video and support from political figures. Court's Decision Upon investigation, the National Testing Agency (NTA) presented the original, undamaged OMR sheet in court, refuting Patel's claims. The court termed her submitted documents as forged and dismissed her petition. It allowed the NTA to pursue legal action against Patel for submitting false evidence. Examination of Evidence During proceedings, it became evident that Patel's allegations were not substantiated by factual evidence. The court emphasized the importance of authenticity in such cases, highlighting the risks associated with presenting misleading claims. Implications and Future Actions NEWS
  • June 19, 2024

Court Dismisses NEET Candidate’s ‘Torn OMR Sheet’ Plea Understanding the Verdict

The Allahabad High Court recently ruled on a petition filed by Ayushi Patel, a candidate for the NEET 2024 exam.…
The government is poised to introduce a significant change in the new tax regime by potentially raising the tax exemption limit to Rs 5 lakh. This initiative aims to encourage more taxpayers to switch to the new regime, which is designed to minimize exemptions and rebates. Incentivizing the New Tax Regime Despite persistent requests to increase the highest tax slab threshold to Rs 20 lakh under the old tax regime, the government seems determined not to alter the existing rates. This strategy is intended to motivate more taxpayers to adopt the new tax regime, which discourages multiple exemptions and rebates. Boosting Consumption Through Tax Adjustments The government is exploring ways to enhance the country’s GDP growth by stimulating consumption among the middle class. Lowering personal income tax rates is a primary consideration, as indicated by several government officials. Increasing disposable income for individuals, particularly those in lower earning brackets, is expected to drive up spending. Proposed Changes in the Upcoming Budget One key proposal under review for the upcoming budget, likely to be presented in mid-July, involves increasing the tax-free income limit to Rs 5 lakh from the current Rs 3 lakh. This change will apply exclusively to those filing under the new tax regime, aiming to leave more disposable income in the hands of taxpayers. Final Decision Pending It’s important to note that a final decision on this proposal will be made closer to the budget presentation date. Understanding the New vs. Old Tax Regimes Since Budget 2020, taxpayers have had the option to choose between the traditional tax structure with its built-in provisions for lower tax incidences through specified investments and a new system offering overall lower tax rates without most deductions and exemptions. Benefits of the Old Tax Regime Under the old tax regime, taxpayers can benefit from deductions on investments under certain sections and exemptions such as house rent allowance and leave travel allowance. Limitations of the New Tax Regime Despite the advantages, the new tax regime has not gained as much traction partly due to the lack of exemptions and rebates that the older system offers. However, the new regime is simpler and aims to create a more straightforward tax filing process. Highest Tax Slab Unlikely to Change A second government official has confirmed that requests from industry representatives to reduce the highest individual income tax slab rate from 30 percent to 25 percent under the new tax regime are unlikely to be entertained. "Adjustments in higher income tax slabs are improbable as the current focus is on boosting consumption among lower-income groups," the official stated. Maintaining the Current Rates Additionally, the government appears disinclined to modify the old tax regime rates, despite appeals to increase the highest income tax slab to Rs 20 lakh from Rs 10 lakh. This decision aims to encourage more people to transition to the new tax regime. Under the new tax regime, individuals earning more than Rs 15 lakh annually fall under the highest 30-percent tax bracket. In contrast, the older regime imposes the highest slab on earnings above Rs 10 lakh. Prioritizing Tax Cuts Over Subsidies A third official highlighted the government’s preference for lowering personal income tax rates over increasing spending on subsidies and other schemes. "Tax rate reductions are seen as a more effective way to boost consumption rather than excessive spending on welfare schemes, which often suffer from leakages and fail to benefit the targeted recipients fully," the official explained. Addressing Low Consumption Growth The focus on measures to stimulate consumption comes in response to a notable slowdown in private consumption growth, currently around 4 percent—a 20-year low, excluding the pandemic year. This slowdown is occurring despite an impressive GDP growth rate of 8.2 percent in FY24. In conclusion, the government's potential move to increase the tax exemption limit under the new tax regime to Rs 5 lakh aims to bolster economic growth by enhancing consumer spending power. By prioritizing tax cuts over subsidies, the government seeks to ensure that the benefits of economic policies directly reach the individuals who need them the most. NEWS
  • June 18, 2024

Government may increase Tax Exemption Limit to Rs 5 Lakh Under New Tax Regime

Government may increase Tax Exemption Limit to Rs 5 Lakh Under New Tax Regime, The government is poised to introduce…
Xiaomi Redmi Note 13 5G Smartphone Review: Affordable 120 Hz AMOLED Display and 108 MP Camera Under ₹20,000 (€200) Discover the thrill of 5G without breaking the bank. The Xiaomi Redmi Note 13 5G, priced at ₹18,999 (€210), boasts modern features such as a 120 Hz AMOLED display and a 108 MP triple-camera setup. Powered by the MediaTek Dimensity 6080 SoC, this smartphone promises a premium experience at an affordable price. However, the cost-cutting measures to achieve this price point are evident. Introducing the Xiaomi Redmi Note 13 5G Xiaomi's Redmi Note series has always been a favorite among budget-conscious consumers. Following the impressive Redmi Note 13 Pro+ 5G and the Redmi Note 13 Pro 5G, Xiaomi has now released the entry-level Redmi Note 13 5G, also known as the Redmi Note 13 Classic 5G. The Redmi Note 13 5G is equipped with the MediaTek Dimensity 6080 processor, 8 GB LPDDR4x RAM, and 256 GB UFS 2.2 storage, all wrapped in a sleek Arctic White design. Display and Design One of the standout features of the Redmi Note 13 5G is its 6.67-inch AMOLED display with a 120 Hz refresh rate. This ensures smooth scrolling and an enhanced viewing experience, whether you're watching videos or playing games. The display is protected by Corning Gorilla Glass 5, adding a layer of durability against scratches and minor impacts. The design of the Redmi Note 13 5G has evolved from its predecessor, the Redmi Note 12. It features significantly slimmer bezels on all sides, giving it a modern and sleek appearance. The back panel is flat, and the construction is primarily plastic, which helps keep the weight down to a comfortable 174.5 grams. Tech
  • June 18, 2024

Experience the Future of Mobile Technology Xiaomi Redmi Note 13 5G Smartphone

Xiaomi Redmi Note 13 5G Smartphone Review: Affordable 120 Hz AMOLED Display and 108 MP Camera Under ₹20,000 (€200) Discover…
PM Kisan Nidhi Yojana: Prime Minister Releases 17th Installment Benefiting Over 9 Crore Farmers Introduction On June 18, 2024, Prime Minister Narendra Modi will release the 17th installment of the PM Kisan Nidhi Yojana from Varanasi. This significant event aims to directly benefit over 9.26 crore farmers across India by transferring more than ₹20,000 crores into their bank accounts. Event Details Prime Minister Modi will be accompanied by Uttar Pradesh Governor Anandiben Patel, Chief Minister Yogi Adityanath, and Union Agriculture Minister Shivraj Singh Chouhan, along with several other ministers. The event will witness the participation of more than 2.5 crore farmers, who will join from various agricultural centers, including 732 Krishi Vigyan Kendras (KVKs), over 1 lakh Primary Agricultural Cooperative Societies, and 5 lakh Common Service Centers. Significance of the 17th Installment This installment marks the first distribution of funds to farmers' accounts after the Lok Sabha elections. PM Modi's visit to Varanasi will include a farmers' conference where the direct benefit transfer (DBT) will be carried out, ensuring the funds reach the farmers' bank accounts seamlessly. Ensuring Smooth Transactions Farmers who have registered under the PM Kisan Yojana can expect the 17th installment to be credited to their accounts. However, issues such as incorrect information during registration, incorrect address or bank details, or Aadhaar seeding problems in NPCI can delay the transfer. It's crucial for beneficiaries to verify their registration details to avoid any disruptions. Annual Payment Schedule The PM Kisan Samman Nidhi Yojana disburses funds in three installments each year: The first installment is transferred between April and July. The second installment between August and November. The third installment between December and March. Each installment amounts to approximately ₹2,000 per farmer. How to Check Your PM Kisan Installment Status Farmers can check the status of their installment by following these steps: Visit the official PM Kisan website at https://pmkisan.gov.in/. On the homepage, click on the ‘Know Your Status’ option. Enter your registration number, mobile number, and the captcha code to receive an OTP. Submit the OTP to view the status of your PM Kisan installment. How to Verify Your Name in the Beneficiary List To ensure you are listed as a beneficiary under the PM Kisan Samman Nidhi Yojana, follow these steps: Visit the official PM Kisan website at https://pmkisan.gov.in/. Click on the 'Farmer Corner' button. Select the 'Beneficiary List' option. Fill in the required details such as state, district, block, and village. Click on ‘Get Report’ to view the list of beneficiaries in your village. NEWS
  • June 18, 2024

PM Kisan Nidhi Yojana Prime Minister Releases 17th Installment Benefiting Over 9 Crore Farmers

On June 18, 2024, Prime Minister Narendra Modi will release the 17th installment of the PM Kisan Nidhi Yojana from…
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