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Cabinet Approves ₹1,718 Crore MSP Support for Cotton Farmers for 2023–24 Season

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved ₹1,718.56 crore as Minimum Support Price (MSP) funding to the Cotton Corporation of India (CCI) for the 2023–24 cotton season. The move aims to provide direct price support to cotton farmers and protect them from market fluctuations. MSP Operations to...

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India’s LPG Production Rises 40%, Govt Assures Fuel Supply Stability Amid West Asia Tensions

India’s domestic liquefied petroleum gas (LPG) production has increased by 40%, the government said on Wednesday, while assuring that fuel supplies remain stable despite geopolitical tensions in West Asia and concerns around the Strait of Hormuz. Speaking at a joint briefing, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said the...

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Zero Customs Duty on Nuclear Imports to Boost Capacity and Cut Power Costs: Govt

Union Minister Jitendra Singh said the government’s decision to allow zero customs duty on imports for nuclear power projects will significantly boost capacity addition and reduce electricity costs in India. In a written reply in the Lok Sabha, he stated that duty-free imports of nuclear fuel and reactor components until 2035 will make nuclear projects...