Govt approves Rs 6,268 crore subsidy to promote sugar exports : Bulletin: Business Today
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Govt approves Rs 6,268 crore subsidy to promote sugar exports

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BusinessToday.In | August 29, 2019

Modi govt set to impose nationwide ban on plastic bags, cups and straws on October 2

India is set to impose a nationwide ban on plastic bags, cups and straws on Oct. 2, officials said, in its most sweeping measure yet to stamp out single-use plastics from cities and villages that rank among the world's most polluted. Prime Minister Narendra Modi, who is leading efforts to scrap such plastics by 2022, is set to launch the campaign with a ban on as many as six items on Oct. 2.

PM Modi to launch Fit India Movement on National Sports Day today; all you need to know

Prime Minister Narendra Modi has launched a nation-wide Fit India Movement on National Sports Day today. The inaugural event is being held at Indira Gandhi Stadium Complex in New Delhi, where the PM will administer a fitness pledge to the people of the country. Only those having a Press Information Bureau card can attend the event. Fit India Movement is aimed at encouraging people to give priority to sports and fitness in their day-to-day lives.

Pakistan PM Imran Khan's office faces power cut over non-payment of electricity bills

The effects of Pakistan's crumbling economy have now been visible in Pak Prime Minister Imran Khan's office too, with the Islamabad Electric Supply Company issuing a notice to the secretariat over non-payment of bills for the past several months. The Imran Khan's secretariat owes electricity bills worth 41 lakh Pakistani rupees to the Islamabad Electric Supply Company (IESC), say Pak media reports.

Govt approves Rs 6,268 crore subsidy to promote sugar exports

The Cabinet Committee on Economic Affairs (CCEA) has approved sugar export policy for evacuation of surplus stocks during sugar season 2019-20. The CCEA, chaired by Prime Minister Narendra Modi, gave nod to sugar export subsidy of about Rs 6,268 crore to liquidate surplus domestic stock and help mills in clearing huge sugarcane arrears to farmers.

The worst year for Indian aviation in six years

Is the Indian aviation sector heading for its worst year in the past six years? Recent numbers from the Directorate General of Civil Aviation (DGCA) show that domestic air passenger growth was just 3.15 per cent in the first seven months of 2019. That's just a fraction of the 21.8 per cent growth achieved during the same period of 2018. The weak consumer sentiments, capacity correction after the fall of Jet Airways and high airfares have contributed to the subdued air passenger traffic.

Renault Triber launched in India; price starts at Rs 4.95 lakh

French carmaker Renault on Wednesday launched a sub 4 metre seven seater MPV Triber at Rs 4.95 lakh and Rs 6.49 lakh across four variants in India. Based on a revamped version of the company's entry level hatchback Kwid's CMFA platform, it gets Kwid's 1 litre three cylinder petrol engine that has a peak power output of 71 bhp and torque of 96 NM.
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