logo
Agriculture Dept. exploring option to supply coconut oil at lower rates through Supplyco: Minister

Agriculture Dept. exploring option to supply coconut oil at lower rates through Supplyco: Minister

The Hindu2 days ago
With coconut oil prices going through the roof, the Agriculture Department is planning to supply it at lower rates through the Kerala State Civil Supplies Corporation (Supplyco) during Onam, Agriculture Minister P. Prasad said.
The department, along with the Kerala State Co-operative Apex Federation of Coconut Farmers Ltd (Kerafed), which markets the Kera brand coconut oil, is exploring options to supply it at affordable rates to the weaker sections of the society during the upcoming festival season, Mr. Prasad said, addressing a press conference here.
The Agriculture Department is in talks with Supplyco in this regard, he said.
Kerafed has already kicked off measures for coconut procurement at ₹1 higher than the market rates from farmer, Mr. Prasad said. This will serve to ensure the adequate supply of good quality coconut oil in the State, he said. The government decided to step in with a procurement plan, given the need to prevent the sale of adulterated coconut oil in the current situation, the Minister said.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

CIL sets ambitious supply target of 900 MT for FY26, plans Rs 16,000cr capex to support growth
CIL sets ambitious supply target of 900 MT for FY26, plans Rs 16,000cr capex to support growth

Economic Times

timean hour ago

  • Economic Times

CIL sets ambitious supply target of 900 MT for FY26, plans Rs 16,000cr capex to support growth

iStock Representative image Coal India Ltd (CIL) has set an ambitious supply target of 900.24 million tonnes (MT) for 2025-26, representing over 18 per cent growth from the previous year's achievement, as part of a strategy to meet rising power demand and reduce to the company's outlook by its management in its latest annual report, around 74 per cent of the total coal dispatch is expected to be consumed by the power sector alone, underscoring CIL's critical role in ensuring uninterrupted electricity supply across the projected demand from the power sector for FY26 stands at 668.1 MT, and the company aims to cater to the entire requirement of power and non-regulated consumers while substituting imported coal wherever possible, the miner growth roadmap aligns with the government's objective of providing 24x7 power to every household, with plans to scale up production to 1 billion tonnes by 2028-29, the company said. To sustain growth while reducing environmental impact, the company is focusing on selective mining, coal beneficiation and blending, enhancing production from underground mines, and diversifying into cleaner coal technologies such as coal gasification and coal-to-liquid (CTL) projects. "CIL intends to offer more coking coal to the steel sector and also supply coal for upcoming coal gasification projects," the company said, outlining plans to explore alternative uses of domestic coal and improve long-term financial FY26, CIL has earmarked a capital investment of Rs 16,000 crore to maintain volume growth. Additional investments are planned in railway infrastructure development, solar and thermal power projects, coalbed methane extraction, and the revival of fertiliser FY25, total power generation in the country grew by 5 per cent to 1,826 billion units (BU), while coal-based generation increased to 1,299 a projected demand of 661 MT from the power sector, CIL supplied 616.17 MT, achieving a materialisation rate of around 93 per supplies to the non-regulated sector peaked at 145.3 MT, up 8.1 per cent, while e-auction bookings rose to 89.38 MT. However, the average e-auction premium moderated to 48 per cent from 72 per cent in the previous the Chairman and Managing Director, P M Prasad, in his address, said Coal India is intensifying efforts to future-proof its business through strategic diversification and monetisation of shareholders in the latest annual report, Prasad said the state-run coal mining major is actively pursuing projects in coal gasification, coalbed methane (CBM) extraction, solar power generation, and critical minerals exploration as part of its broader plan to align with the country's energy transition goals and reduce dependency on fossil efforts, he noted, are also aimed at unlocking new revenue streams beyond thermal coal. In a first for India, CIL monetised the 2 MTPA Dugda Coal Washery in Jharkhand's Bokaro, under the build-own-operate model, valued at Rs 504 crore, marking the country's first-ever coal washery monetisation in line with the government's asset monetisation policy, he said.

More than 20 lakh Assam farmers get ₹422 crore under PM-KISAN scheme
More than 20 lakh Assam farmers get ₹422 crore under PM-KISAN scheme

The Hindu

timea day ago

  • The Hindu

More than 20 lakh Assam farmers get ₹422 crore under PM-KISAN scheme

'More than 20 lakh farmers in Assam have received more than ₹422 crore under the PM-Kisan Samman Nidhi scheme,' officials said on Sunday (August 3, 2025.) The amount was disbursed on Saturday (August 1, 2025) as part of a nationwide programme, which was launched by Prime Minister Narendra Modi in Varanasi,' a senior official of the Agriculture Department said. "Under the 20th instalment of the PM-Kisan scheme, more than 20.31 lakh eligible farmer families in Assam have received the benefit," he added. As per the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, eligible farming families receive ₹6,000 annually in three equal instalments of ₹2,000 each. "Nearly 20.31 lakh farmers across our State have received ₹422.05 crore directly into their bank accounts under the PM-KISAN scheme. This timely support is a testament to the unwavering commitment of the Hon'ble Prime Minister Shri @narendramodi Ji towards ensuring dignity, security and prosperity for our Annadatas," Assam Agriculture Minister Atul Bora said in a post on X. PM-KISAN is one of the flagship schemes of the Central Government and is the world's largest direct benefit transfer (DBT) programme. With the aim of fulfilling the financial needs of farmers and enhancing the overall productivity of the agriculture sector, the Government of India launched this scheme on February 24, 2019 as a strategic initiative. Commenting on the scheme, Assam Chief Minister Himanta Biswa Sarma said, "Over the years, this scheme has played a key role in empowering our farmers and giving them a token of recognition from a thankful nation. Gratitude to Adarniya Shri @narendramodi ji for consistently working for empowering the farmers of the nation."

More than 2 million farmers in Assam get ₹422 crore under PM-KISAN
More than 2 million farmers in Assam get ₹422 crore under PM-KISAN

Business Standard

timea day ago

  • Business Standard

More than 2 million farmers in Assam get ₹422 crore under PM-KISAN

Over 2 million farmers in Assam have received more than ₹422 crore under the PM-Kisan Samman Nidhi scheme, officials said on Sunday. The amount was disbursed on Saturday as part of a nationwide programme, which was launched by Prime Minister Narendra Modi in Varanasi, a senior official of the Agriculture Department said. "Under the 20th instalment of the PM-Kisan scheme, more than 2.031 million eligible farmer families in Assam have received the benefit," he added. As per the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, eligible farming families receive ₹6,000 annually in three equal instalments of ₹2,000 each. "Nearly 2.031 million farmers across our state have received ₹422.05 crore directly into their bank accounts under the PM-KISAN scheme. This timely support is a testament to the unwavering commitment of the Hon'ble Prime Minister Shri @narendramodi Ji towards ensuring dignity, security and prosperity for our Annadatas," Assam Agriculture Minister Atul Bora said in a post on X. PM-KISAN is one of the flagship schemes of the central government and is the world's largest direct benefit transfer (DBT) programme. With the aim of fulfilling the financial needs of farmers and enhancing the overall productivity of the agriculture sector, the Government of India launched this scheme on February 24, 2019 as a strategic initiative. Commenting on the scheme, Assam Chief Minister Himanta Biswa Sarma said, "Over the years, this scheme has played a key role in empowering our farmers and giving them a token of recognition from a thankful nation. Gratitude to Adarniya Shri @narendramodi ji for consistently working for empowering the farmers of the nation. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store