Economy

Procurement of wheat from farmers by Government agencies has touched an all-time record figure on 16.06.2020, when total procurement for the Central pool reached 382 Lakh Metric Tonnes (LMT) surpassing the earlier record of 381.48 LMT achieved during 2012-13. This has been accomplished during the trying times of Covid-19 pandemic when the whole country was under lockdown.

The Khadi and Village Industries Commission (KVIC) has rolled out a unique project to produce Neera and Palmgur which has huge potential to create employment in the country. The project that aims at promoting Neera as a substitute to soft drinks while also creating self-employment to Adivasis and traditional trappers was launched on Tuesday at Dahanu in Palghar district of Maharashtra, a state with more than 50 lakh palm trees.

Global SUV manufacturer GWM said on Tuesday that it has entered into an MoU with the Maharashtra government to set up an automotive manufacturing facility in Talegaon.

The unemployment rate in India has declined to 11.6 percent in the second week of June as against 17.5 percent the previous week, data from the Centre for Monitoring Indian Economy (CMIE) revealed.

As many as 155 Indian companies have invested USD 22 billion in the US, thus creating nearly 125,000 jobs in the country, according to a report issued by the Confederation of Indian Industries (CII) on Monday.