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Cabinet approves MSP for copra and India-Australia MoU on economic policy issues

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PM Modi, Image : PIB

New Delhi: The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday gave approval to an MSP increase of Rs 1,000 for Fair Average Quality (FAQ) of ‘milling copra’ to Rs 7,500 per quintal for the 2018 season.

The Minimum Support Price (MSP) for FAQ of ‘ball copra’ was increased to Rs 7,750 per quintal for the 2018 season from Rs 6,785 in 2017, an official release said.

The MSP of copra is expected to ensure appropriate minimum price to farmers and step up investment in coconut cultivation and thereby its production.

“The approval is based on the recommendations of the Commission for Agricultural Costs and Prices (CACP), an expert body which takes into account the cost of production, trends in domestic and international prices of edible oils, overall demand and supply of copra and coconut oil, cost of processing copra into coconut oil and the likely impact of the recommended MSPs on consumers, while recommending the MSPs.”

India-Australia MoU on economic policy issues

The Union Cabinet on Wednesday approved the signing of a Memorandum of Understanding for a Secondment Programme between India and Australia that aims at better understanding of current economic policy issues between the two countries.

The MoU will be signed between India’s Department of Economic Affairs and Australia’s Treasury for three months, an official statement said.

An Australian Treasury official will be seconded to the Department of Economic Affairs in the Indian Ministry of Finance while one officer from the department will be seconded to the Australian Treasury for three months.

“The programme may be repeated in subsequent years with mutual consultation and after agreement on both sides,” the statement said.

IANS

India

Result of ‘Howdy Modi’, Trump calls India’s air ‘filthy’: Kapil Sibal

Trump described the air in India,China,and Russia as “filthy” as he defended his decision to withdraw from the Paris Climate Accord,lauded his decisions with regard to reducing carbon emissions

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Kapil Sibal

New Delhi: Taking a jibe at the Centre, Congress leader Kapil Sibal on Friday said that US President Donald Trump said that India’s air is ‘filthy’, a result of ‘Howdy Modi’ event.

“Trump : Fruits of Friendship 1) Questions India’s Covid death toll 2) Says India sends dirt up into the air India “ air is filthy “ 3) Called India “ tariff king “ The result of “Howdy Modi “ Sibal tweeted.

US President Donald Trump described the air in India, China, and Russia as “filthy” as he defended his decision to withdraw from the Paris Climate Accord and lauded his decisions with regard to reducing carbon emissions at Thursday’s final debate before the November 3 election.

“Look at China. How filthy it is. Look at Russia. Look at India, it’s filthy. The air is filthy,” said Trump while speaking on carbon emissions as he countered Democratic rival Joe Biden at a final debate moderated by NBC’s Kristen Welker.

Trump further claimed that under his administration the US has had the lowest emission numbers in the last 35 years.

Earlier during his first presidential debate against his Democratic challenger Joe Biden, the US President said India, China, and Russia “did not exactly give a straight count” on deaths due to the novel coronavirus.

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Disaster

Coronaviurs: Total recoveries of COVID-19 cross 70 lakh in country

Currently, India’s Case Fatality Rate is 1.51 per cent, which is one of the lowest globally.

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Coronavirus India

The Health Ministry today said more than 70 lakh people have recovered from COVID-19 infection in the country. In the last 24 hours, more than 67 thousand have recovered.

The Ministry said, ten States and Union Territories are contributing 81 per cent of the high number of daily Recoveries. The country’s COVID-19 recovery rate has now reached 89.78 per cent. The actual caseload currently comprises only 8.71 per cent of the total positive cases.

Presently, the total number of active cases in the country is over six lakh 80 thousand. In the last 24 hours, 53 thousand 370 new cases have been reported taking the total number of positive cases in the country to over 78 lakh. In the same period, 650 deaths were reported taking the toll to one lakh 17 thousand 956.

Currently, India’s Case Fatality Rate is 1.51 per cent, which is one of the lowest globally.

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Health

Harsh Vardhan expresses hope that Covid-19 vaccine will be made available in country by January next year

Dr Harsh Vardhan also appealed to the people to follow Covid appropriate behaviuor to check the spread of virus in view of the coming festive seasons.

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Vaccine Covid

Health Minister Dr Harsh Vardhan has expressed hope that Covid-19 vaccine will be made available in the country by January next year.

Speaking at a programme on DD News, Dr Vardhan said there are three vaccine candidates in India, out of which one is at the advanced stage of clinical trial of phase-3. Of the other two vaccine candidates, which are in clinical trial of phase-2, one has recently entered the third phase trial.

Dr Vardhan also said, if the preparations in this regard made so far progress well then 400 to 500 million doses of the Covid vaccine will be available in the country before June and July of next year.

Dr Harsh Vardhan also appealed to the people to follow Covid appropriate behaviuor to check the spread of virus in view of the coming festive seasons.

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Corona Virus (COVID-19) Live Data

COVID-19 affects different people in different ways. Most infected people will develop mild to moderate illness and recover without hospitalization.