Tuesday 21 April 2015

Top economic news of the day - April 21, 2015

India's annual wheat procurement in the first 20 days of 2015-16 crop season was 62% less than what was purchased in the corresponding period of the previous year, triggering fears the government might have to lower its full season target in view of unseasonal rains. 

The News
The Coal Ministry, Railway Ministry and Government of Odisha signed a memorandum of understanding on Monday to form a joint venture which identify and execute railway line projects for evacuation of coal in the State.
 
India's annual wheat procurement in the first 20 days of 2015-16 crop season was 62% less than what was purchased in the corresponding period of the previous year, triggering fears the government might have to lower its full season target in view of unseasonal rains.
 
The department of commerce is pushing all ministries to ease the rules on services trade even as the government is trying to bring out a more robust data on services export 

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