The Indian soft drink market might continue its "robust growth trajectory" as annual per-capita bottle consumption is expected to reach around 84 by 2021, according to a report by PepsiCo India's bottling partner Varun Beverages Ltd (VBL).
The industry would have a broad-based growth across categories, especially helped by juices and bottled water, VBL said in its 2018 Annual Report.
The government has allowed only dal millers to import the annual permissible quota of pulses, a restricted commodity, for the second consecutive year. The industry expects the number of applications for procuring import licences to increase five-eight times this year as those who imported the commodity last year booked good profits.
The Centre may consider a higher subsidy for families refilling cooking gas cylinders under its welfare scheme Ujjwala, which offers free cooking gas connections to poor households.
Project Vriddhi, a joint initiative with S M Sehgal Foundation, will work towards improving livelihoods of 1400 villagers focusing on various aspects like healthcare, education, sanitation and water conservation amongst others.
To encourage farmers not to use the paddy variety that they has been using for a long time and giving them an alternative if they do not find labour after the beginning of the paddy season, the Agriculture Department is going to organise a camp on April 9 at Lambra. Around 3,000 farmers are expected to take part in the camp.
Officials of the Agriculture Department said that rice transplanter was a machine that was used as an alternative to transplant paddy.
The Asian Development Bank (ADB) has cut India’s growth forecast to 7.2% for 2019-20 because of a slower-than-expected pickup in investment demand.
ADB, which had estimated 7.6% economic growth in December, is the first multilateral lending agency to slash India’s growth estimate.
Manifesto commits to providing ₹72,000 annual income to poorest families
The Congress on Tuesday released its manifesto for the 2019 Lok Sabha election, and promised to “create wealth and guarantee welfare” to every Indian citizen by focussing on jobs, agriculture, health, education and welfare for women.
Congress Leader Priyanka Gandhi during the release of the Congress Party Manifesto for the 2019 General Elections at the AICC Head Quarters in New Delhi on Tuesday, April 02, 2019.
PM Narendra Modi looks to RBI to spur economy before polls
RBI's new Guv is seen as more amenable to the govt’s wish to keep policy loose, said a senior economist.
Government is increasingly looking to the central bank to help boost a flagging economy before an election that kicks off next week. And new Governor Shaktikanta Das is turning out to be a willing partner.
Fast-changing job requirements are leading to a yawning skills gap in many parts of the world, with India being one of the hardest-hit, according to a new study released by the International Labour Organisation in collaboration with the International Organisation of Employers on Wednesday.