Ccea

Centre increases MSP on raw jute by Rs 315 to Rs 5,650 per quintal for 2025-26 season

Shares of makers of jute products such as Gloster, Cheviot and Ludlow Jute were sharply higher by up to 5% in early trade on January 22, in anticipation of a higher Minimum Support Price (MSP) on raw jute for the upcoming season.

Cabinet approves Rs 10,700 crore equity infusion for FCI's FY25 working capital

This decision aims to support the agricultural sector by enhancing FCI’s operational and financial strength, reflecting the government's commitment to empowering farmers and reinforcing India’s agrarian economy.

MC Exclusive: Centre to consider a Rs 5,000 crore PLI scheme for shipping containers in Budget ‘24

Budget 2024:Issues highlighted by the cabinet committee on economic affairs have been addressed in the proposal for the new PLI scheme.The quantum of the new PLI scheme has been halved to Rs 5,000 crore from Rs 11,000 crore.

MC Exclusive: Centre may revive PLI scheme for manufacture of shipping containers in budget ‘24

Issues highlighted by the cabinet committee on economic affairs have been addressed in the proposal for the new PLI scheme.

Centre likely to shelve Rs 11,000 crore PLI scheme for manufacture of standard shipping containers

Worldwide container glut behind the decision to put the scheme on hold. As part of the initiative, the shipping ministry had suggested dispersing Rs 11,000 crore over a nine-year period, to boost the manufacturing of such containers in India.

Live: Union Ministers Anurag Singh Thakur & Ashwini Vaishnaw addresses the Press briefing post CCEA

Union Ministers Anurag Singh Thakur and Ashwini Vaishnaw speak at Cabinet briefing after CCEA decision