News
CCEA increased the Minimum Support Price of Wheat by 50
Rupees per Quintal
The Cabinet Committee on Economic Affairs (CCEA) on 17
October 2013 enhanced the Minimum Support Price (MSP) of wheat by 50 rupees per
quintal to 1400 rupees for the fiscal, starting April 2014.
The CCEA accepted the recommendations of Commission for
Agricultural Costs and Prices.
The MSP of red gram and mustard was also hiked by hundred
rupees per quintal each.
MSP is the rate at which government buys the grain from
farmers. The government took this step to encourage farmers to cover more
area under the crop in the ongoing rabi season.
The crop's sowing begins in October and harvesting begins
from April onwards. The government procures wheat from farmers during April-June
Union Cabinet Approved A Committee on Babhli Barrage Project
The Union cabinet of India approved on 17 October 2013 the
appointment of a three-member supervisory committee headed by a representative
of the Central Water Commission on construction of Babhli Barrage issue.
The other two members of the committee were including one
representative from the state of Andhra Pradesh and one representative from the
Maharashtra.
The Supreme Court was directed the Centre to constitute a
three-member Supervisory Committee to deal with the Babhli Barrage issue on 28
February 2013.
About The Babhli barrage
The Babhli project / barrage is a controversial reservoir
project being constructed by Maharashtra state across the river Godavari.
The project brought dispute between Andhra Pradesh and
Maharashtra states.
Infosys to hire over 8,000 new employees in Pune
Indian IT major Infosys will recruit more than 8,000
employees in Pune over the next six months as part of its expansion plans for
which it getting an additional 150 acres in the city.
Infosys already employs over 15,000 IT professionals at its
existing facilities in in Hinjewadi Phase-II at growth across verticals, like
finance, insurance, banking, energy, retail and manufacturing
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