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Cabinet okays Rs 25k crore scheme to modernise PDS scheme

NEW DELHI: Cabinet Wednesday approved the Rs 25,530 crore Sarthak Public Distribution System (PDS) scheme, aimed at modernising the country’s food distribution network, which currently supports nearly 80 crore beneficiaries.I&B minister Ashwini Vaishnaw said the initiative would provide assistance to state agencies for intra-state movement of food grains, while also modernising and strengthening PDS network...
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SBI chief flags inflation, growth worries

MUMBAI: State Bank of India chairman Challa Sreenivasulu Setty has warned that the ongoing conflict in the Gulf region could weigh on growth and rekindle inflationary pressures, even as India’s macroeconomic fundamentals remain resilient.In his message to shareholders in the bank’s annual report, Setty said: “The financial year gone by unfolded against a backdrop of...
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2025-26 foodgrain production estimated at record 376 MT

NEW DELHI: India is estimated to have produced a record 376 million tonnes (MT) of foodgrains in 2025-26 crop year, which is 5.3% higher than the 357 MT reported in the previous year, said agriculture ministry while releasing latest estimates of crop production on Wednesday.For 2026-27 crop year, ministry has been gearing up to minimise...
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