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22 Aug, 2025 News Image India, Russia agree to boost trade ties after foreign ministers meet in Moscow.
India and Russia agreed to boost trade ties on Thursday as their foreign ministers met in Moscow, giving little indication that U.S. President Donald Trump's hefty tariffs on India for buying Russian oil would disrupt their relations. Indian goods face additional U.S. tariffs of up to 50%, among the highest imposed by Washington, due to New Delhi's increased purchases of Russian oil.
 Source:  reuters.com
22 Aug, 2025 News Image Favorable weather conditions lead to higher yields for guava in India.
With the higher production, Jaiswal states that it's positive that the international demand for the guava from India has also increased in recent years. 'Good rainfall and generally favorable climatic conditions have directly led to an increase in yield per hectare, supporting higher volumes for both domestic and international markets. Over the past few years, we've witnessed a consistent upward trend in international demand, which is both encouraging and motivating for us as exporters. Especially the increasingly popular Thai variety continues to grow in export markets.'
 Source:  freshplaza.com
22 Aug, 2025 News Image FCI procures 2,442 metric tonne of Ragi in Odisha.
The Food Corporation of India (FCI) has for the first time procured 2,642 metric tonne of finger millet, also known as Ragi, in Odisha this year, officials said. The FCI procured the millets for the central pool to be distributed through the public distribution system.
 Source:  thehindubusinessline.com
22 Aug, 2025 News Image Union Agri Minister Chouhan to visit Karnataka to review arecanut sector.
The Union Minister for Agriculture and Farmers’ Welfare, Shivraj Singh Chouhan, has said that he would personally visit Karnataka, along with a team of scientists and experts, to review the situation on the ground and formulate a roadmap for the development of arecanut cultivation in the state. Chairing a high-level meeting on arecanut development in New Delhi on Thursday, he said arecanut is an important commercial crop that holds a significant place in India’s religious, social and cultural practices. Due to the presence of various alkaloids, it is also used in Ayurvedic and veterinary medicines.
 Source:  thehindubusinessline.com
22 Aug, 2025 News Image Shivraj Singh Chouhan urges officers of agri, rural development ministries to buy ‘Swadeshi’ goods.
Agriculture and rural development minister Shivraj Singh Chouhan on Thursday exhorted officers of both the ministries to shun imported products and try to buy, as much as possible, goods produced in the country. Such a step will motivate many others to stick to Swadeshi products and help improve Indian economy, he added. The minister urged all employees and officers to adopt the Prime Minister’s call for using indigenous products, pledging maximum use of ‘Swadeshi’ to generate employment for the needy and strengthen the economy, the agriculture ministry said in a statement.
 Source:  thehindubusinessline.com
22 Aug, 2025 News Image India snaps up steeply discounted palm oil from Colombia and Guatemala.
Indian importers for the first time bought palm oil from Colombia and Guatemala as producers sitting on surplus stocks offered cargoes at steep discounts, four trade sources with direct knowledge of the matter said. Indonesia and Malaysia dominate global palm oil supplies and are the main suppliers to India, which imported 9 million tons of palm oil in 2023/24. Colombia and Guatemala, the fourth- and sixth-largest producers of palm oil, usually export their surplus stocks to Europe and North America.
 Source:  economictimes.indiatimes.com
22 Aug, 2025 News Image Together we can open new chapter of dragon-elephant tango: Chinese envoy on Sino-India ties at Delhi event.
Amid changing relations between two neighbours, Chinese ambassador to India Xu Feihong announced that China welcomes all Indian commodities to enter its market. '...We welcome all Indian commodities to enter the Chinese market...' said China's ambassador to India, Xu Feihong. '..We are willing to work with India to enhance development of our strategies and enlarge the cake of cooperation.
 Source:  economictimes.indiatimes.com
22 Aug, 2025 News Image Kenya turns to India for rice imports as farmers decry unsold harvests.
Kenya has announced plans to import half a million tonnes of rice duty-free, mostly from India and Pakistan, to address what it calls an imminent shortage. But the decision has sparked outrage among local farmers, who insist they are already sitting on unsold stocks from recent good harvests and warn that cheap imports will devastate their livelihoods.
 Source:  ukragroconsult.com
22 Aug, 2025 News Image PLISFPI Boosts Food Processing with Rs.1,726 Cr Incentives, 35 Lakh MT Capacity, and 3.39 Lakh Jobs.
The incentives under the PLISFPI are admissible where the entire chain of manufacturing processes, including primary processing of the food products applied for coverage under the scheme takes place in India. Total export of agricultural processed food products of the applicants approved under PLISFPI has increased with a Compound Annual Growth Rate (CAGR) of 13.23% as on 2024-25 with reference to 2019-20. The scheme does not cover floricultural production.
 Source:  pib.gov.in
22 Aug, 2025 News Image 1.44 Lakh Micro Food Units Supported under PMFME to Boost India’s Food Processing Sector.
In order to promote and ensure overall development of Food Processing Industries, Ministry of Food Processing Industries (MoFPI) has been incentivizing setting up/expansion of related infrastructure through its two Central Sector Schemes namely Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) and Production Linked Incentive Scheme for Food Processing Industry (PLISFPI). MoFPI is also implementing a Centrally sponsored scheme namely PM Formalization of Micro Food Processing Enterprises (PMFME) scheme for providing financial, technical and business support for upgradation/ setting up of micro food processing enterprises.
 Source:  pib.gov.in