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11 Aug, 2025 News Image MoFPI approves 1,601 projects under PMKSY; Rs 6,411 crore grant-in-aid disbursed.
The Ministry of Food Processing Industries (MoFPI), is implementing a Central Sector Umbrella scheme Pradhan Mantri Kisan SAMPADA Yojana (PMKSY). As on 30.06.2025, under the various component schemes of PMKSY, 1601 projects have been approved and grant-in-aid of Rs 6411.61 crore has been disbursed/released to these projects.
 Source:  fnbnews.com
11 Aug, 2025 News Image Govt forms panel to review export barriers amid global trade woes: Focus on customs duties, GST, incentives.
The government has set up a committee to examine the impact of customs duties, export incentives and refunds, goods and services tax and export clearance procedures on India's outbound shipments amid a challenging global environment. The committee, comprising senior officials of the ministries of commerce and industry, and finance among others, and trade bodies, will propose solutions to ease documentation, customs processes, port clearances and logistics, officials said.
 Source:  economictimes.indiatimes.com
11 Aug, 2025 News Image Trade stalemate: It's all about Indian kisan vs American farmers.
Trade talks between India and the United States have ended in a stalemate after five rounds of negotiations. After imposing a 50% tariff on India, US President Donald Trump has indicated that no further trade negotiations between the two countries would take place unless the tariff matter is resolved. Asked about more trade negotiations between India and the US, Trump said, 'No, not until we get it resolved.'
 Source:  economictimes.indiatimes.com
11 Aug, 2025 News Image India, Oman free trade agreement likely to be announced soon: Official.
The conclusion and signing of the proposed free trade agreement between India and Oman is expected to be announced soon, an official has said. The trade pact text is being translated into Arabic in Oman. After that, the cabinets of both countries will approve the agreement, according to the official.
 Source:  economictimes.indiatimes.com
11 Aug, 2025 News Image India-US agri trade at all-time high despite Trump’s tariff threats.
Agriculture has been a key roadblock in trade talks between India and the US. But what many may not know is that the trade in the same sector between the two countries, is actually growing fast and could hit a new record this year, as per a report by The Indian Express. From a period of January to June in 2025, India imported $1,693.2 million worth of agricultural products from the US, which is approximately 49.1% more than what it bought during the same period in 2024 ($1,135.8 million). At the same time, India’s agricultural exports to the US also rose by 24.1%, from $2,798.9 million in early 2024 to $3,472.7 million in early 2025.
 Source:  financialexpress.com
11 Aug, 2025 News Image FAO Food Price Index edges up in July.
The FAO Food Price Index, a benchmark for world food commodity prices, averaged 130.1 points in July 2025, up 1.6 percent from June, driven primarily by rising international prices of meat and vegetable oils. Despite this monthly increase, the index remains 18.8 percent below its peak in March 2022, although 7.6 percent higher than its level in July 2024. The index tracks monthly changes in the international prices of a set of globally traded food commodities. In July, price increases in the meat and vegetable oil indices more than offset declines in the cereal, dairy and sugar indices.
 Source:  fnbnews.com
11 Aug, 2025 News Image Govt may roll out Rs 2,250 crore export promotion mission soon: Official.
The government is expected to soon announce support measures under the proposed Rs 2,250 crore export promotion mission to help insulate industry from global trade uncertainties arising from Trump tariffs, an official said. 'We are in dialogue with exporters to see how we can support them best in different ways, like ease of doing business. We are looking at how to give a boost to domestic consumption. We are looking at new supply chains, which we can capture, new markets, and new products,' the official said.
 Source:  economictimes.indiatimes.com
11 Aug, 2025 News Image India is negotiating a trade agreement with US: Commerce Minister Piyush Goyal.
Commerce and Industry Minister Piyush Goyal on Friday said India is negotiating trade agreements with several countries, including the US, and stressed that many nations are keen to engage with New Delhi on the trade front. He also exuded confidence that India's exports in 2025-26 will exceed last year's figures.
 Source:  economictimes.indiatimes.com
11 Aug, 2025 News Image Utilization of data collected under DAM.
The Government has approved the Digital Agriculture Mission in September 2024. The Mission envisages the creation of a Digital Public Infrastructure (DPI) for Agriculture, such as Agri Stack, Krishi Decision Support System, a comprehensive Soil Fertility & Profile Map and other IT initiatives undertaken by Central Government/State Governments to enable a robust digital agriculture ecosystem in the country. This, in turn, would drive innovative farmer-centric digital solutions and make reliable crop-related information available to all farmers on time.
 Source:  pib.gov.in
11 Aug, 2025 News Image India’s push for self-reliance in edible oils not a threat, says Malaysia.
Malaysia does not see India’s ambitious push for self-reliance in edible oils through the National Mission on Edible Oils – Oil Palm (NMEO-OP) as a threat but as a strategic opportunity. The Malaysian Palm Oil Council (MPOC) has welcomed the initiative as a forward-looking step to boost India’s edible oil security, while reaffirming the role of Malaysia, the world’s second-largest producer of palm oil, as a key and long-term supplier.
 Source:  thehindubusinessline.com