17 mt in the last kharif season.33 million bales (of 180 kg each), from 10.22 mt as against 13.According to the first advance estimate released on Monday by the agriculture ministry, production of all kharif foodgrains -- rice, pulses and coarse cereals -- is projected to decline from the record 138.48 mt in kharif season this year, from the record 96.86 million tonnes to 134.9 million tonnes (mt) to 94.52 mt last kharif. Maize output is pegged at 18..The kharif output estimates might be revised later taking feedback from states. Production of jute and mesta is estimated to decline to 10.
New Delhi: Indias foodgrain production is estimated to decline by 3.49 mt, against 32.As per the latest data, rice output is likely to fall by 1.78 mt while urad output may rise to 2.09 million bales.68 mt in the kharif season of this year compared to 22.71 mt in the gone-by kharif season.Coarse cereal output is also seen lower at 31.72 mt before.53 mt from 2.99 mt from 4.Among cash crops, cotton output is estimated to be slightly lower at 32. Pulse output could drop to 8.Assam, Bihar, Gujarat and Rajasthan witnessed floods while parts of Karnataka, Chhattisgarh and Tamil Nadu faced a dry spell. Soyabean output has been pegged at 12.71 mt, from the record 9.79 mt last kharif.42 mt, due to depressed prices and poor rains.
The fall in kharif output is attributed to dry spell as well as floods in some parts of the country. The production of tur is estimated to be lower at 3.69 mt, from 306.40 mt in the year- ago period.39 mt in the previous kharif.67 mt this kharif season on account of poor rains as well as floods in some parts of the country.However, sugarcane output might rise to 337.In cash crops, production of cotton, oil seeds and jute is estimated to fall and that of sugarcane to go up.
Oilseed output is estimated to be down at 20.27 million bales (of 170 kg each) in the 2017-18 crop year (July-June) from the earlier 33. Harvesting will start from next month.60 million bales last year.The overall South-West Monsoon, crucial for rain-fed kharif crops, was projected normal, but till the first week cereal containers for sale of this month, it was less by 5 per cent.73 mt this kharif as against 19. The ministry releases four estimates before the final one at different stages of harvesting.24 mt a year ago.
JNPT has also made an alternative arrangement to divert container traffic from its terminal Gateway Terminals India (GTI), which was hit by the virus on Tuesday night.8 million standard container units. The computers used by various companies and Maersk’s system, which handles the movement of ships, is affected.. “It’s a global virus attack. Firms that were hit on Wednesday include Russia’s biggest oil company Rosneft, global advertising giant WPP Group and multiple institutions in Ukraine, including its central bank and an international airport.
Mumbai: In damage control mode after Petya ransomware virus hit its terminal operated by AP Moller-Maersk in Denmark, Jawaharlal Nehru Port Trust (JNPT) has urgently brought in cyber experts from the Centre and the state to avoid further harm.The ministry of shipping said National Cyber Security Coordinator Gulshan Rai was rushed to Mumbai to assist the company. AP Moller-Maersk, one of the affected entities globally, operates the GTI at JNPT, which has a capacity to handle 1. The state government is helpless as the virus attack has taken place at the main server of the AP Moller-Maersk company plastic foot tubs for sale in Denmark.Anil Diggikar, chairman of the JNPT, said the government has made alternative arrangements if needed.
The terminal handles 4,500 containers per day. The computers used in these departments are safe and functioning. The state government has also asked for cyber support from Indian Computer Emergency Response Team (CERT-in), the national team for cyber security. But we have made alternative arrangements,” Mr Diggikar said.”Operations at JNPT’s GTI were impacted on Tuesday night as a fallout of the global ransomware attack, which crippled some central banks and many large corporations in Europe. Dr Gulshan Rai, National Cyber Security Coordinator, is proceeding to JNPT to further deal with the situation,” a release said.Brijesh Singh, Maharashtra state cyber cell chief, said, “The state government’s departments such as customs, excise, etc.
The current attacks come weeks after the Wannacry ransomware attack, which affected many companies. The AP Moller-Maersk have their headquarters in Denmark and hence we have little to do from here.The GTI terminal server is completely down, but other terminals are functioning normally, he added. “The situation is being closely monitored and further steps to deal with the traffic situation will be initiated based on an assessment during the course of the next few days., are not affected in this attack. The additional manpower will be helpful in finding a solution.
28 per cent, respectively, in the CPSE ETF. The CPSE ETF, which functions like a mutual fund scheme, comprises scrips of 10 bluechip PSUs — ONGC, Coal India, IOC, Oil India, PFC, Bharat Electronics, REC, GAIL, EIL and Container Corporation of India.ICICI Securities has been appointed as the adviser."We are planning the fourth tranche of the CPSE ETF by November end. The target is to raise around Rs 8,000 crore," an official told PTI.In June 2018, the government raised about Rs 8,400 crore through follow-on offer of another exchange traded fund -- Bharat 22 ETF, which comprises shares of 22 companies, including banks..The government has raised over Rs 15,000 crore so far this fiscal through PSU disinvestment, which includes about Rs 5,300 crore from Coal India share sale, Rs 1,700 crore from IPOs of four PSUs -- RITES, IRCON, MIDHANI and Garden Reach Shipbuilders.
The issue will have a green-shoe option for retaining over-subscription. Last month, the fund manager to the ETF Reliance Nippon Asset Management had filed draft scheme information document with capital markets watchdog Sebi for the fourth tranche of CPSE ETF.CPSE ETF was set up in 2014 and the government has so far sold stake in the 10 companies in the basket in three tranches, thereby raising Rs 11,500 crore -- Rs 3,000 crore from the first tranche in March 2014, Rs 6,000 crore in January 2017 and Rs 2,500 crore from the third in March 2017.08 per cent and 2. Shares of three CPSEs — GAIL, Engineers India Ltd (EIL) and Container Corporation — will be removed from the index since the government holding in these companies has fallen below 55 per cent.
These stocks would be replaced by scrips of four new CPSEs, including MOIL and KIOCL, which will take the total number of stocks in the ETF to 11. In the earlier three tranches of the ETF, the government had raised Rs 11,500 crore.The ministry is in the process of rejigging the companies in the ETF and will include four new CPSEs after removing three of the existing companies -- GAIL, Engineers India Ltd (EIL) and Container Corporation of India.This would be the fourth tranche of the CPSE ETF, which comprises shares of 10 bluechip companies.GAIL India, Container Corp and EIL have weightage of 11.
The budgeted target from PSU disinvestment in current fiscal is Rs 80,000 crore.New Delhi: The Finance Ministry is eyeing about Rs 8,000 crore through the launch of follow-on public offer of CPSE exchange-traded fund (ETF) by the end of this month, an official said.25 per cent, 5.The ministry, acting through the fund manager of the CPSE ETF, is likely to start rebalancing the CPSE ETF by including new scrips soon, the official added. Since the weightage and scrip value of GAIL, Container Corp and EIL are higher, four new CPSEs have to be included to Wholesale plastic foot tubs replace them to keep the CPSE ETF index value at the same level, an official said.
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"The integration of the e-way bill system with FASTag and LDB is expected to help boost tax collections by clamping down on trade that currently happens on cash basis," the official said.The National Highways Authority of India (NHAI) has put in place the FASTag system for collection of toll electronically on national highways.The same for intra or within the state movement was rolled out in a phased manner from April 15.The revenue department has set up an officers committee to integrate e-way bill, FASTag and DMICs Logistics Data Bank (LDB) services, after consultation with transporters."This would also help in preventing goods and services tax (GST) evasion by unscrupulous traders who take advantage of the loopholes in the supply chain," the official said.18 crore during April-December period.
Transporters of goods worth over Rs 50,000 would be required to present e-way bill during transit to a GST inspector, if asked.New Delhi: The GST e-way bill system is likely to be integrated with NHAIs FASTag mechanism from April to help track movement of goods and check GST evasion.Transporters, too, would be able to track their vehicles through SMS alerts that would be generated at each toll plaza. Similarly, Delhi-Mumbai Industrial Corridors (DMICs) container tracking services, also called LDB programme, would be integrated with the e-way bill to improve the logistics ecosystem.The integrated system on an all-India basis is planned to be rolled out from April, the official told PTI.The government has also set up the Directorate General of GST Intelligence (DGGSTI) to investigate cases of tax evasion and conduct search and seizure operations under the GST Act, and erstwhile Excise and Service Tax Act.
FASTag also offers non-stop movement of vehicles through toll plazas. Integration of e-way bill with FASTag would help find the location of the vehicle and when and how many times it has crossed NHAIs toll plazas," the official said.Integration of e-way bill with FASTag will help revenue authorities track the movement of vehicles and ensure that they are travelling to the same destination as the transporter or the trader had specified while generating the e-way bill. It will also help the suppliers locate the goods through the e-way bill system. Currently, lack of harmonisation under the track and trace mechanism in terms of sharing information among different agencies is affecting the ease of doing business in the country.
Besides, it is leading to misuse of e-way bill.With GST system now stabilising, the focus of the Central Board of Indirect Taxes and Customs is now on increasing compliance and checking evasion.. Karnataka is implementing an integrated system on a pilot basis, and integration at national level would be highly beneficial in terms of tracking of goods and ensuring that e-way bill has been generated for the correct duration of travel.Touted as an anti-evasion measure, e-way bill system was rolled out on April child whistle chair with dinner plate 1, 2018, for moving goods worth over Rs 50,000 from one state to another."
The officers committee would explain the benefits to all stakeholders," an official said, adding the move would also improve operational efficiencies across the countrys logistics landscape. As against the budgeted monthly revenue target of over Rs 1 lakh crore, GST collections have so far this fiscal averaged Rs 96,800 crore per month. Central tax officers have detected 3,626 cases of GST evasion/violations involving Rs 15,278."It has come to our notice that some transporters are doing multiple trips by generating a single e-way bill