The coal stock situation is “manageable”, as of now, data accessed by Moneycontrol shows. Of the 165 domestic coal-based thermal power plants in the country, 32 had critical stocks. Last year at this time, the number of such plants was around 96.
Farmers of both Punjab and Haryana remain weighed under heavy debts as it rises many folds from one generation to another. Moneycontrol went to several districts of the two states and spoke to a host of farmers to get an assessment of the situation on ground.
Overall the AC industry, which had record sales of around 8.25 million units in 2022, expects to continue its double-digit growth journey this season also led by the prediction of harsh temperature and an elongated summer season.
"Authorities are monitoring the situation very closely. All possible assistance is being given to those affected," he tweeted.
Compensation has been released for the farmers whose crops were damaged due to unseasonal rainfall and hailstorm.
In an interview with CNBC-TV18‘s Reema Tendulkar and Mangalam Maloo, Santosh Nair, CEO of Camson Bio Technologies, outlined the state of business.
One of the worst affected places is Maharashtra where around 40,000 hectares of standing Rabi crop has been damaged. On the other hand 26 out of the 33 districts in Rajasthan have been affected and 40 percent of their mustard production has been destroyed.