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President Ram Nath Kovind invites diaspora in Japan to be part of India's growth story

Oct 23, 2019

President Ram Nath Kovind on Tuesday invited the diaspora in Japan to be part of India's growth story and complement the already strong bilateral strategic partnership. Addressing the Indian diaspora at a reception hosted by India's Ambassador to Japan Sanjay Kumar Verma, President Kovind said India is on a transformational path.
 
The President, who attended the enthronement ceremony of Japan's Emperor Naruhito, said that India's cultural relations with Japan are deep and historic. We share spiritual and religious connections from Buddhism to Hinduism and more. Our strategic, political, security and economic collaboration has assumed a new high, he said. Japan is a lead partner for India in transforming its economy.
 
Our economy is growing at a fast rate. We are creating new infrastructure apace. We are making efforts to lead the world on digital economy, on new technologies, on climate change action and on fashioning the contours of the knowledge society, he said. Inviting the non-resident Indians, Kovind said India offers immense opportunities for the community to participate in its progress and prosperity.
 
He said India seeks their support and commitment to create an India of our vision and dream, an India that promises to light millions of homes with progress and prosperity; an India that cares for one and for all. Japan's participation in the high-speed rail project from Mumbai to Ahmedabad is a symbol of the two countries deep mutual trust and friendship. To deepen our technology collaboration, we have established the India-Japan Digital Partnership, Kovind added.
 
    
Source: Economictimes.indiatimes



Potential to boost seed exports from India: Reports

Oct 23, 2019

 India holds tremendous scope to boost seed exports through standardised and quality domestic production and efforts are needed towards this area, according to a report. 
 
 The Assocham-PwC joint report suggested setting up dedicated seed production hubs that can be oriented towards exports by establishing an export promotion wing. 
 
 It highlighted that government incentives for investments in these hubs can also help attract private players. 
 
 The report also impressed upon the need to increase focus on new seed variety development in wake of changes in the environment and resource availability. 
 
 It also suggested relaxing the seed import regulations in India that are stringent and involve multiple steps and complex documentation. 
 
 The Indian seed delivery system, comprised of formal and informal systems, is currently reeling under deficiency and there is significant scope to strengthen the same as even with investments in the formal sector, about 60-65 per cent of seeds in use in the country is unlabelled, according to the report. 
 
 The report, titled 'sowing the policy seeds of a flourishing agriculture sector', also suggested that high-quality seed varieties used by tribal and hilly communities be brought into the informal seed chain with some amount of genetic purity. 
 
 These farmer varieties are important for future breeding programmes, as they possess useful traits developed through natural evolution, it said. 
 
 The report added, Their integration would enable effective seed delivery to farmers at affordable costs.
    
Source: Times of india



Business to be backbone of India-US relationship: Jaishankar

Oct 23, 2019

 Indian External Minister Affairs S. Jaishankar on Monday said that going forward, the backbone of India-US relations will be strong business relations between the two countries.
 
Addressing the US India Strategic Partneship Forum here, Jaishankar said that the India-US relations have grown to a level where it is now beyond the relationship of the two governments.
 
He said that the status of the business relationship between the two countries is very strong and going forward the business relations will form the backbone of the relationship.
 
The External Affairs Minister said that technology and people will be the most important component of the relations. He said the US will remain the technology leader in the world for a long time to come.
 
About the key things to focus on in the India-US relationship, he said that if India focuses on improving quality of human resources, that would have an enormous impact on its standing in the world and the relationship with the US.
 
He added that many of the government programmes being implemented will have the cumulative impact of transforming the quality of human resources in India.
 
On the trade issues, Jaishankar said the US administration has made trade issues a lot more central to foreign policy. I don't see any obstacle that can't be overcome between the United States and India, he added.
    
Source: outlookindia.com



There's need to use fertilisers in balanced manner; agri share in GDP should rise to 50 pc: Tomar

Oct 23, 2019

 Agriculture Minister Narendra Singh Tomar on Tuesday said there is a need to increase the share of farm sector in the country's GDP to 50 per cent from the current 14 per cent and stressed on balanced use of fertilisers to protect soil health as well as boost crop yields. 
 
 Addressing a conference for awareness of fertiliser application among farmers, Tomar said the productivity and production of all kharif (summer-sown) and rabi (winter-sown) can be enhanced substantially through proper use of fertilisers in right quantity and as per the soil conditions. 
 
 The balanced use of fertilisers would also boost farmers' income, he added. 
 
 The Prime Minister Narendra Modi-led government has been focusing on ensuring prosperity of villages, poor and farmers since it came to power in 2014, Tomar said. 
 
 We have also been focusing on soil health and already distributed 8 crore soil heath cards to farmers, he added. 
 
 Tomar said the share of agriculture in the country's gross domestic product (GDP) is currently 14 per cent, but this is not enough. 
 
 Can we increase this to 50 per cent of our GDP? urged Tomar while addressing to hundreds of farmers here at the conference. 
 
 The minister told farmers that excessive use of fertilisers would destroy agriculture fields. He also spoke about the need for more usage of micro-nutrients to improve soil health. 
 
 Tomar highlighted that the Centre has fixed the minimum support price (MSP) of crops at least 1.5 times of production cost and is also providing Rs 6,000 per year to around 14 crore farmers under the PM-Kisan scheme. 
    
Source: Times of india



500 ‘organic clusters’ to be farmed in Goa

Oct 23, 2019

 Around 500 ‘organic farming’ clusters will be formed in Goa, with around 50 clusters in Bardez alone, under the Paramparaghat Krishi Vikas Yogana (PKVY), assistant zonal agricultural officer Bardez Sohan Uskaikar said on Tuesday.
 
Each of the clusters will have an area of 20 hectares and the farmers will be given organic fertilisers and pesticides and will also be provided training on organic farming. 
 
This will be an attempt to make Goa an organic state said Uskaikar. He was speaking at an organic farming festival organised by NGO Green Growth Institute at Sangolda.
 
The festival included a large gathering of farmers and agriculturists interested in different methods of farming. 
 
Uskaikar sensitised the farmers on the hazards of using chemical pesticides and chemical fertilisers for higher crop yield. Uskaikar also said, that with organic farming, people will be able to eat healthy food and also save money on the import cost of fertilisers. The officer said that the farmers who had suffered losses due to rain will be provided compensation.
    
Source: Times of india



Investment and Trade Promotions between India and Panama

Oct 23, 2019

 Ministry of Commerce and Industry and Indo-Latin America Chamber of Commerce, Republic of Panama Delegation were visited India for Trade and Investment Promotion for empowerment of both countries.
 
The delegation is to be led by Prabhakar Sharan ji, Vice President, Indo Latin America Chamber of Commerce to support his motherland.
 
The inaugural ceremony performed by Honourable Ambassador, Panama Embassy in India, Richard Kilbron, National Investment Promotion, Ministry of Commerce and Industry, Republic of Panama, Jose Lbanez, Filb Commissioner, Minister of Culture, Republic of Panama, Hardeep Singh Bhullar, Marketing and Investment Director, Ministry of Commerce and Industry, Republic of Panama, Prabhakar Sharan, Vice President, Indo Latin American Chamber of Commerce, Entrepreneur, Investors and Educationalist, Republic of Panama, Cost Rica and Prashant Kumar Pankaj, Organizing President, Bihar Pravasi Sammelan.
    
Source: Ani News



DPIIT plans single window system to handhold foreign investors

Oct 23, 2019

The Department for Promotion of Industry and Internal Trade (DPIIT) is planning to set up a single window system to handhold foreign investors keen to invest in India, an official said.
 
The single-window system is likely to have representatives from both the Centre and state governments, the official said.
 
The system will help in getting all relevant approvals and clearances required by foreign investors.
 
A proposal regarding this was prepared by the department.
 
DPIIT Secretary Guruprasad Mohapatra on Monday said that the proposal was being sent to Commerce and Industry Minister Piyush Goyal for approval.
 
Mohapatra said the new mechanism will help in all approvals and clearances that a company requires to set up a plant in a state, district or town.
 
    
Source: Economictimes.indiatimes



UP must grow at full capacity to make India USD 5 trillion economy: Finance Commission

Oct 23, 2019

The Finance Commission on Tuesday said that Uttar Pradesh must grow at its full capacity to become a USD 1 trillion economy, which will help India achieve a GDP size of USD 5 trillion.
 
Speaking to reporters here, Finance Commission chairman N K Singh on Tuesday said, For India to become a USD 5 trillion economy, UP has to become USD 1 trillion economy. For development of UP, a new growth rate is needed. If UP continues to move at this (current) rate, then it will not be able to become a USD 1 trillion economy.
 
He further said that if the state's growth rate is accelerated to its full capacity, then achieving this target will not be a big thing. The state has bring a lot of improvement, Singh said.
 
On the possibility of a package for the state from the Finance Commission to make the economy USD 1 trillion, Singh said, The team of the Finance Commission has toured 27 states, and there is not a single state which has not demanded a special package. What parameters will be used, how much weightage will be given and under which formula funds be divided between Centre and states, are some of the challenges before the Commission. So you have to wait for the Commission's report.
 
    
Source: Economictimes.indiatimes



Tripura farmers can increase their income by maize production: Agriculture Minister

Oct 23, 2019

 Tripura Agriculture Minister Pranajit Singha Roy said that as there is suitable environment in Tripura for maize production, Tripura farmers can able to increase their income by maize production.
 
The minister this said while he was addressing in the seminar on Promotion of Maize in North East India at ICAR Research complex Lembucherra today. ICAR has organized a seminar in order to promote the maize among Tripura farmers.
 
According to the advices of ICAR scientists, the product maize can be used in many other ways. It can able to use as maize flour, cornstarch, kitty litter, corn syrup and maize mazes. Maize flour is used to make baked products and corn bread. Cornstarch is made from maize kernels which is act as a thickening agent in soups.
    
Source: Uni India



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