In the road transport and highways sector, 300 out of 825 projects are delayed. In railways, out of 173 projects, 119 are delayed, while for petroleum, 90 out of 142 projects are delayed, as per the latest flash report on infrastructure projects for June 2022.
Area sown to pulses and oilseeds also remained slightly lower, while the overall area covered under all kharif crops showed a lag of 25.52 lakh hectare at 1012.99 lakh hectare till August 18 of the 2022-23 kharif season.
Under the Companies Act, 2013, a Registrar of Companies (RoC) can do a physical verification of a company's registered office if he or she has a reasonable cause to believe that the company concerned is not carrying out business in a proper manner. Now, the process for such physical verifications has been put in place under the Act.
"There is no such plan to import wheat into India. Country has sufficient stocks to meet our domestic requirements and FCI has enough stock for pubic distribution," the Department of Food & Public Distribution wrote in a reply to the news item on Twitter. A Bloomberg report today said state reserves have declined in August to the lowest level for the month in 14 years, according to Food Corp. of India, while consumer wheat inflation is running at close to 12%.
The debate has splintered India's political parties with some siding with the BJP while others coming out against the government. PM Modi's 'rewari' jibe ignited the debate over freebies and attracted strong responses from Delhi's AAP government and Congress's Rajasthan government.
In the road transport and highways sector, 300 out of 825 projects are delayed, according to a latest flash report on infrastructure projects for June 2022. It is followed by railways, where 119 projects out of 173 are delayed, while for petroleum, 90 out of 142 projects are delayed. The total cost of implementation of 825 road transport and highway projects is anticipated at Rs 5,37,163.29 crore now, implying a cost overrun of 9.4 per cent.
The political slugfest that has broken out over freebies between the ruling party and the opposition comes at a time when the Supreme Court is already seized of the matter and is hearing a petition on freebies filed by BJP leader Ashwini Upadhyay. Upadhyay wants political parties to stop promising these freebies before elections.
Indications that a bumper wheat harvest wasn’t going to eventuate prompted the government to restrict exports in mid-May. State reserves have declined in August to the lowest level for the month in 14 years, according to Food Corp. of India, while consumer wheat inflation is running at close to 12%.
