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Business Economy


Agroecology and Natural Farming could accelerate inclusive economic growth in India

New Delhi, Jun 1 (UNI) Natural farming and other agroecological approaches, such as organic agriculture, have great promise for a renaissance of Indian agriculture, so that farming is not just productive but truly regenerative and sustainable, say experts.
International experts in a convention organised on Saturday by NITI Aayog endorsed efforts to significantly boost agroecological and natural farming approaches in India.
The gathered experts provided evidence from latest studies, cutting-edge research, and science as well as practical experience from economics, finance and markets.
Speaking to an audience of senior international and national experts and policymakers, Agriculture Minister Narendra Singh Tomar stated, ''Natural farming is our indigenous system based on cow dung and urine, biomass, mulch and soil aeration .... In the next five years, we intend to reach 20 lakh hectares in any form of organic farming, including natural farming, of which 12 lakh hectares are under Bharatiya Prakritik Krishi Paddhati Programme (BPKP).''
He further noted that the Paramparagat Krishi Vikas Yojana launched in 2015 to promote organic farming among small and marginal farmers has in the last four years covered 7 lakh hectares and 8 lakh farmers.
He pointed out that Andhra Pradesh, Karnataka, Himachal Pradesh, and Kerala have taken up natural farming on a large scale. Andhra Pradesh alone has brought 2 lakh hectares under natural farming under this scheme.
He concluded by highlighting that the need of the hour, in light of the covid-19 pandemic, was to have 'food free from chemical fertilisers and pesticides', while not ignoring the need to feed and nourish the country.
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2020 Indiaspora Business Leaders List Recognizes More Than 50 Executives of Indian Heritage Leading Global Corporations

10 Jul 2020 | 11:06 PM

PUNE and WASHINGTON, July 10, 2020 /PRNewswire/ -- Indiaspora, a nonprofit organization of global Indian diaspora leaders from various backgrounds and professions, released today their inaugural list honoring executives of the Indian diaspora who are leading the largest global corporations in 2020.

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Mukesh Ambani is eighth richest in the world

10 Jul 2020 | 10:46 PM

New Delhi, Jul 10 (UNI) India's richest man and CMD of Reliance Industries Mukesh Ambani is eighth richest man in the world, according to the latest Bloomberg Billionaires Index released on Friday.

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IIP numbers of May not released due to inadequate data

10 Jul 2020 | 9:19 PM

New Delhi, Jul 10 (UNI) The government did not release headline industrial output numbers for May due to inadequate data collection in view of the lockdown imposed in the country to curb the spread of Covid-19.

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SAIL maintains profitability during FY20; Earns more than Rs 2,000 cr net profit

10 Jul 2020 | 9:03 PM

New Delhi, Jul 10 (UNI) Steel Authority of India Limited announced on Friday that it has earned a Profit Before Tax (PBT) of Rs 3170.66 Crore leading to Profit After Tax (PAT) of Rs 2021.54 Crore in the Financial year 2019-20.
This profit has been earned in spite of the challenging market conditions including the onset of Corona virus pandemic. In FY’20, the Company made a turnover of Rs 61024.88 Crore and its EBITDA per tonne of Saleable Steel improved from Rs 7284 in FY’19 to Rs 7869 FY’20.

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Rossari First IPO to do Virtual Roadshow

10 Jul 2020 | 8:30 PM

Companies adopt Virtual Roadshows for Capital Raise
MUMBAI, July 10, 2020 /PRNewswire/ -- Rossari Biotech Ltd, which is doing a capital raise of Rs. 500 Crores is the first company to have a virtual press conference followed by an analysts & brokers Conference for announcing its IPO which opens for subscription on Monday, July 13, 2020. The virtual conference had over 1,000 registrations and was simultaneously broadcasted for investors.

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