Talcher Fertilizers — a joint venture of Coal India, GAIL (India), Rashtriya Chemicals and Fertilizers and Fertilizer Corporation of India — is setting up the 1.27 million tonne per annum capacity urea plant based on coal gasification technology in Odisha with an estimated investment of Rs 13,277 crore.
Agriculture secretary Sanjay Agarwal appraised officials and scientists about the preparatory steps taken by the ministry for observance of International Year of Millets in 2023 and requisite convergence modalities, according to an official statement.
The SC's ruling comes at a time when the government is showcasing the recent months' surge in GST collections as proof of effective anti-evasion steps. Earlier, during the hearing of the case, the apex court noted that “Parliament had aimed to give the GST as a citizen-friendly tax structure”.
The collections under VAT and GST heads fell short by 26.8% of the target during the fiscal. While the target was to collect 91,568 crore, the actual collections were Rs 67,057.39 crore. However, when compared to last year’s actual collections of Rs 68,832 crores, the Rs 67,057-crore mop-up in 2020-21 is a fall of 2.6%.
The MoU seeks to foster better cooperation between the relevant authorities of both the countries so as to discourage unfair trade practices and promote rule based bilateral trading, the statement added.
For the second time since the start of the pandemic, India on Monday figured on the US treasury department's watchlist of currency manipulators. The central bank's dollar purchase at 5 per cent of the GDP exceeding the 2 per cent threshold was cited as the reason.
"Point-to-point rate of inflation based on the CPI-AL and CPI-RL increased to 2.78 per cent and 2.96 per cent in March 2021 from 2.67 per cent and 2.76 per cent, respectively, in February 2021," the labour ministry said in a statement.
Domestic rating agency Icra on Tuesday cut its 2021-22 growth estimate by 0.5 per cent on the upper end, as a newer spate of lockdowns and restrictions get imposed in pockets to arrest the rising COVID-19 cases.
With the pandemic caseload remaining over 2.5 lakh for the second day, a report has warned of the grim economic scenario as with even limited restrictions on people's movement and some businesses, power consumption and e-way GST bill collections are already down.
After Maharashtra, Delhi and Rajasthan have imposed limited period lockdowns, which will impact travel and business activity. Other states have implemented curfews at different times of the day and of varying durations.