Cabinet approves hike in MSP for all Kharif crops

"The country is making arrangements and efforts to explore more alternative destinations to import LNG. It's a kind of pre-emptive measure in case the war goes on for a longer period. Advisories are also being issued to farmers for the wise use of fertilisers," Singh said on the sidelines of a soil health event organised by the PHD Chamber of Commerce and Industry (PHDCCI) in New Delhi.

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, today has approved the development of a 4-lane corridor from Badnawar-Petlawad-Thandla-Timarwani section of NH-752D having a length of 80.45 kilometres with a total capital cost of Rs 3,839.42 crore. The approved corridor will provide connectivity of Ujjain to Timrawani interchange at Delhi Mumbai Expressway (DME). The primary purpose of the proposed four-lane project corridor is to improve travel efficiency and is expected to reduce travel time by approx. one hour.

According to the press release by the Cabinet Committee on Economic Affairs, "This 31.42 km long project corridor will provide direct and high-speed connectivity from South Delhi, Faridabad and Gurugram to Jewar International Airport, thereby promoting economic growth and logistics efficiency across the National Capital Region (NCR)." The corridor intersects the Eastern Peripheral Expressway, Yamuna Expressway, and Dedicated Freight Corridor (DFC), which enables multimodal transport convergence.

The Fertiliser Association of India (FAI) today announced that Urea and Phosphatic fertiliser supplies remain adequate to meet agricultural requirements for the forthcoming Kharif season. While global developments, including geopolitical tensions in West Asia, have raised concerns about potential disruptions to fertiliser trade and logistics, current inventory levels and supply arrangements are expected to provide a sufficient cushion to meet agricultural demand.

Expanding global trade agreements will open new opportunities for India's farmers, fishermen, and MSMEs as the nation secures "preferential market" status across major international economies, said Union Minister Piyush Goyal. Speaking at the 40th edition of AAHAR, the International Food & Hospitality Fair in New Delhi, Goyal stated that India today covers two-third of global trade with "preferential market access" for Indian goods and services, making the country a "very attractive investment destination."

Maharashtra Chief Minister and Finance Minister Devendra Fadnavis on Friday announced a farm loan waiver scheme under which eligible farmers with overdue crop loans will receive relief of up to Rs 2 lakh. Presenting the state budget for 2026-27, Fadnavis also proposed an incentive of Rs 50,000 for farmers who have been regularly repaying their loans.

Bhubaneswar (Odisha) [India], February 28: Naapbooks Limited recently held a strategic meeting with Dr. Mukesh Mahaling, Hon'ble Cabinet Minister for Health & Family Welfare, Parliamentary Affairs, and Electronics & Information Technology, Government of Odisha, to discuss the potential implementation of a comprehensive e-Notary Project and broader digital transformation initiatives for the state.

Mumbai (Maharashtra) [India], February 26: In a significant development for India's agritech ecosystem, global investor and entrepreneur Saahil Peerzada has announced a strategic investment in Torus Innotech Pvt Ltd, the agritech platform led by Digant Sharma.

New Delhi [India], February 25: Rishihood University formally announced the Sajjan Agarwal School of Technology (SASTech), India's first endowed deep-tech school dedicated to advancing the nation's technology sovereignty. This event was attended by distinguished leaders, including Suresh Prabhu, Former Union Cabinet Minister and Chancellor, Rishihood University, Sajjan Agarwal, Chairman & CEO at GreenHawk Corporation, Board of Founders, Rishihood University, Shobhit Mathur, Vice Chancellor, Rishihood University and Sahil Aggarwal, Co-Founder & CEO, Rishihood University.

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the MSP of Raw Jute for Marketing season 2026-27. The MSP of Raw Jute (TD-3 grade) has been fixed at Rs 5,925 per quintal for 2026-27 season.