In an effort to promote financial inclusion, the government authorised Rs. 2,516 crore (US$ 318.96 million) for the computerisation of 63,000 active Primary Agriculture Credit Societies (PACS).

The Indian economy is expected to grow at 7-7.8% in FY 2022-23 on the back of better agriculture production and a revitalised rural economy, despite the global headwinds.

India exported nearly 30 lakh tonnes of wheat in 2022 so far and is considering requests from several nations for the supply of the grain.

The government announced the launch of a dashboard for the Padhan Mantri Matsya Samapada Yojana (PMMSY) with a total investment of Rs. 7,242.90 crore (US$ 931.75 million).

India could soon allow traders to export around 1.2 million tonnes of wheat, as it seeks to clear cargoes stuck at ports following last month's abrupt ban on grain exports.