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Zia Haq

Zia Haq reports on public policy, economy and agriculture. Particularly interested in development economics and growth theories.

Articles by Zia Haq

Centre rolls out subsidised ‘Bharat Atta’ at 27.50/kg ahead of Diwali

Under the scheme, flour will be sold at a cut price of ₹27.50 per kilo, compared to the market price of ₹32-34 per kg.

The launch of Bharat Atta (Twitter)
Updated on Nov 07, 2023 05:01 AM IST

Union govt starts selling onions at reduced rates as prices soar

Lower supplies due to delayed harvests of the summer crop have driven prices of the commonly consumed vegetable for a second time in the past six months

Centre starts selling onions to at a subsidised rate to cool prices by boosting availability. (ANI)
Updated on Nov 02, 2023 04:51 AM IST

Supply shock triggered by uneven monsoon spurs onion price surge

A fresh supply shock triggered by a deficient monsoon has led to a surge in onion prices, which have more than doubled within a fortnight in several states, as the Union government began releasing stocks from its reserves to cool rates amid high festive season demand

HT Image
Updated on Oct 31, 2023 07:56 AM IST
By, New Delhi

Climate crisis spurs olive oil price surge

Droughts, heatwaves and wildfires linked to climate change in key producer countries have nearly halved the world’s harvests of olives for second straight year.

An August production estimate by the Spanish government proved the worst fears: a crisis in olive oil markets.(AFP)
Updated on Oct 30, 2023 06:58 AM IST

Climate crisis goes for olive oil, prices surge

In a forecast in May, global price-setter Spain, the source of half the world’s olive oil supply, said production is expected to fall nearly 48% over last year

Global benchmark retail prices rose to a record high of $9,000 per tonne in October (Representative Photo)
Updated on Oct 29, 2023 03:35 PM IST

Centre curbs onion export as prices double

A minimum export price (MEP) of $800 per tonne on a freight-on-board basis will be applicable on onion effective October 29 and remain in force until December 31

Retail rates of onion have nearly doubled in a week in several cities, with the vegetable selling between <span class='webrupee'>₹</span>50-60 a kg in Delhi, up from <span class='webrupee'>₹</span>25-30 a kg (Representative Image)
Published on Oct 28, 2023 09:42 PM IST

India’s summer-sown rice output expected to be 106.3 million tonnes in 2023-24

India is also estimated to produce 21.5 million tonnes of oilseeds, 434.8 million tonnes of sugarcane, 31.7 million bales of cotton (of 170 kg each) and 22.5 million tonnes of maize for the year 2023-24

Total summer foodgrains output is expected at 148.6 million tonnes (Representative Photo)
Updated on Oct 28, 2023 10:30 AM IST

Centre to launch software to detect dark patterns used by firms on web

Consumer affairs ministry collaborates with IIT-Benaras Hindu University for open-source software

Union government to launch a software to detect dark patterns on the internet, says consumer affairs secretary Rohit Kumar Singh. (HT Archive)
Updated on Oct 27, 2023 04:47 AM IST

Late refunds to paid seats: Airlines summoned over spike in complaints

According to data, around 10,000 complaints were made against airlines for a variety of reasons, including no refunds after travel bookings cancellation

All major airlines summoned by the consumer affairs ministry over a spike in complaints registered by consumers. (PTI)
Updated on Oct 27, 2023 05:36 AM IST

Govt clears 22,300cr rabi fertiliser subsidy

Cabinet approves ₹22,303 crore subsidy for fertilisers to keep prices steady during winter-sown season

Union Minister Anurag Thakur addresses the media during cabinet briefing, in New Delhi, Wednesday, Oct. 25, 2023.(PTI)
Updated on Oct 26, 2023 01:31 AM IST
By, New Delhi

Union cabinet approves 22,300 crore rabi fertiliser subsidy: Anurag Thakur

The Union budget in February this year allocated ₹1.75 lakh crore for fertiliser subsidies for 2023-24

Mathura: Workers unload sacks of fertilizer at PCF Krishak Seva Kendra, in Mathura on October 18 (PTI)
Published on Oct 25, 2023 04:51 PM IST

Government decides to cut export floor price for basmati rice

The government, which imposed a floor price of $1200 a tonne for overseas shipments in August to cool domestic prices, has approved a decision to reduce it to $950 a tonne in a meeting on Monday

India is a leading exporter of the premium aromatic grain, shipping over 4 million tonne a year. (AFP file photo)
Published on Oct 24, 2023 03:14 PM IST

Govt overestimated annual wheat output for FY23: Data

The fourth & final round of estimates of crop output for 2022-23, released by the agriculture ministry, showed foodgrain production was at a record high.

Getting production estimates right is critical for food management, fixing export targets and keeping prices affordable in a country of 1.4 billion people, 800 million of who depend on food hand outs. (REUTERS)
Updated on Oct 22, 2023 10:45 PM IST

Inflation likely to stay stable during festive season, curbs to remain: Food secretary

Food inflation is likely to remain stable during the ongoing festive season and the government will not relax a series of curbs on food commodities, Union food secretary Sanjeev Chopra said

The central government is actively reviewing the minimum export price for basmati, says Union food secretary Sanjeev Chopra. (HT Archive)
Updated on Oct 20, 2023 07:48 AM IST

Foodgrain output at record high: Centre

Rice output during 2022-23 was estimated to be a record 135.7 million tonnes, up 4.6% from the previous year’s 129 million tonne.

Wheat production during the year stood at 110.5 million tonnes, higher by 4.7% than last year’s output of 105.7 million tonne, according to data from the farm ministry.(HT File)
Updated on Oct 19, 2023 07:30 AM IST
By, New Delhi

Cabinet hikes MSPs of six rabi crops

Among the six crops, lentil (masur) prices were raised the most by ₹425 to ₹6,425 a quintal from ₹6,000 a quintal in the previous season in keeping with the government’s goal of reducing the dependence on imports for pulses

The Union Cabinet approves hikes in MSPs for six main rabi crops. (AFP)
Updated on Oct 19, 2023 05:14 AM IST

India extends curbs on sugar export

The restrictions on shipments abroad are aimed at boosting domestic availability during 2023-24 and keeping prices stable during the ongoing festive season, when demand typically soars

The world’s second-largest producer had already restricted exports of the sweetener until October 31, 2023. (HT file photo)
Published on Oct 18, 2023 03:32 PM IST

Govt likely to sweeten deal in national pension scheme

NPS allows pensioners to withdraw 60% of the corpus at time of retirement (tax free), and buy an annuity for remaining 40%, payments from which are taxable.

Under the current national pension scheme, nearly 8.7 million federal and state-government employees contribute 10% of their basic salary, while the government pays 14%. (Representational Image)
Updated on Oct 18, 2023 04:51 AM IST

India extends curbs on basmati export, traders unhappy

India will continue to apply a minimum export price of $1,200 per tonne on basmati price to curb overseas shipments, according to a notification on Sunday

India extends curbs on basmati rice, according to a notification on Sunday. (AFP)
Updated on Oct 17, 2023 07:20 AM IST

Retail inflation slows to a three-month low of 5.02%

Food and beverage inflation rose 6.3% in September, the slowest pace in a quarter, compared to a rise of 9.19% in August

Since food commodities have been the main driver of prices, much will depend on output of key summer-sown commodities, such as rice and pulses (HT File Photo)
Updated on Oct 12, 2023 06:26 PM IST

Increase in farm insurance enrolments for two years in row

The PMFBY is the country’s main subsidized crop insurance scheme, where farmers pay between 1.5% and 2% of the premium, depending on crop cycles

A latest review of the Pradhan Mantri Fasal Bima Yojana by the farm ministry, up until the current summer cropping season, shows an increase of 22% in the number of enrolled cultivators at 24.9 million (Reuters)
Updated on Oct 11, 2023 06:46 AM IST
By, New Delhi

Unemployment rate dips to a year’s low of 6.6% in April-June 2023: Official data

The labour force participation rate (LFPR) is at a four-quarter high of 48.8%, compared to 47.5% in the same quarter of the previous year

Youngsters do physical exercises for upcoming 'Agniveer' recruitment rally near the International Border in Ranbir Singh Pura (PTI File Photo)
Updated on Oct 09, 2023 07:14 PM IST

Prices of pulses soar on smaller crop, keep pressure on supplies

A group of commodities from summer harvesting, such as pulses, could keep household spending on food items high,early market trends show.

Battling high food inflation, the government has invoked a series of measures to boost supplies and stabilise prices. (AFP)
Updated on Oct 07, 2023 02:27 AM IST

RBI keeps rates steady at 6.5%, warns of inflation risks

RBI’s monetary policy broadly remains pivoted on “withdrawal of accommodation”, the governor said, meaning it will be focussed on curbing money supply in economy to control inflationary pressure

The central bank had hiked the repo rate by 250 basis points to 6.5% between May 2022 and February 2023. (File photo)
Published on Oct 06, 2023 10:45 AM IST

30% year-on-year increase in farm fires in northern India, reveals govt data

The national capital particularly witnesses severe levels of pollution and smoke from crop-residue fires.

By November, fire incidents increase to nearly 60,000, according to data from past years. (ANI)
Updated on Oct 06, 2023 05:01 AM IST

After wheat and rice, India likely to curb sugar export

Scanty rainfall in sugarcane-growing states, and a policy target involving ethanol means the government might add a notch to the belt to curb inflation

Domestic sugar prices have risen by about 3% over the past month, according to official figures, although they are nearly 40% lower than global prices currently.(HT/ PHOTO)
Published on Oct 05, 2023 10:25 AM IST

Centre allocates 600 crore to curb stubble burning

Punjab and Haryana, the states with the highest number of farm fires, have already received ₹200 crore as the first installment.

The Centre will work on achieving zero burning and will focus on the supply side of stubble for productive use. (Sameer Sehgal/ HT Photo)
Updated on Oct 05, 2023 04:59 AM IST

Union cabinet clears new terms to decide Telangana water share

The council of ministers signed off on new terms of reference for the Krishna Water Disputes Tribunal-II to adjudicate on what should be the amount of water Telangana should be able to draw from the Krishna Basin

Union minister Anurag Thakur (File Photo)
Published on Oct 04, 2023 06:20 PM IST

Mughal-era practice behind unclear food output estimates?

India's government has admitted that its estimate of wheat output for the 2022-23 season is under dispute, with grain traders arguing that production could not have been more than 102-103 million tonnes, compared to the government's estimate of 112-113 million tonnes. The discrepancy has led to high cereal inflation in the country, despite expectations of falling prices and substantial state-held stocks. The government is now planning to use technology-driven models to improve its crop estimates and ensure more accurate data in the future.

HT Image
Updated on Sep 30, 2023 11:57 PM IST
By, New Delhi

Follow directive on release of Cauvery water to TN, panel tells Karnataka

A top panel mandated to oversee sharing of water between Karnataka and Tamil Nadu asked the former to follow directions issued earlier by a regulatory body.

Kannada activists burn an effigy of Tamil Nadu chief minister M K Stalin, in Karnataka’s Chikmagalur, on Friday. (PTI)
Updated on Sep 30, 2023 08:37 AM IST
By, New Delhi
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