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04 Aug, 2025 News Image Exporters urged to build brands as a way around Trump tariffs.
The government is pushing exporters to build and promote homegrown brands to cope with the 25% tariff imposed by the US. It has also sought industry inputs on an employment-linked scheme for certain exports such as marine goods which now faces threat from Ecuador due to the higher tariffs.
 Source:  economictimes.indiatimes.com
04 Aug, 2025 News Image Chhattisgarh to get APEDA regional office in Raipur for agri-exports.
The state is planning to have a regional office of the Agricultural and Processed Food Products Export Development Authority (APEDA) in Raipur, a milestone for the state’s agriculture sector. 'With the regional office, farmers, producers, and exporters in the state will have access to a wide range of export-related services under one roof,' a state government spokesperson said.
 Source:  business-standard.com
01 Aug, 2025 News Image Promoting Entrepreneurship amongst SC/ST/OBC Categories.
Ministry of Food Processing Industries (MoFPI) is implementing two Central Sector Schemes namely Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) and Production Linked Incentive Scheme for Food Processing Industry (PLISFPI). Further, a Centrally sponsored scheme namely PM Formalization of Micro Food Processing Enterprises (PMFME) scheme is also being implemented by MoFPI.
 Source:  pib.gov.in
01 Aug, 2025 News Image India's Rice Exports To Remain Resilient Despite 25% US Tariff: Exporters' Association.
An association of rice exporters on Thursday said the 25% tariff imposed by the US on Indian goods, including rice, will be a 'temporary hurdle' and not a major disruption for the sector. The new tariff, effective from Aug.1, includes duties on Indian rice exports to the US, which stood around 2.34 lakh tonnes in fiscal 2024, a small share of India's total 52.4 lakh tonnes of global basmati rice.
 Source:  ndtvprofit.com
01 Aug, 2025 News Image India Eyes Export Windfall as Bangladesh Rushes to Import Rice Amid Crop Concerns.
As monsoon unpredictability looms large over South Asia, India’s rice exporters are finding themselves in a sweet spot. Bangladesh, facing the threat of excessive rainfall damaging its newly sown rice crops, has floated a massive tender to import nearly 0.9 million tonnes (MT) of rice, opening up fresh and significant export prospects for India. Scheduled for August 7, the tender will allow 0.4 MT to be imported through government agencies and another 0.5 MT by private traders. This early move by Bangladesh, which usually starts importing after August, signals an urgent need to secure food reserves ahead of any potential crop loss.
 Source:  smestreet.in
01 Aug, 2025 News Image Govt committed to safeguarding India's farmers, workers and entrepreneurs: Piyush Goyal on US tariffs in LS.
In response to the United States' decision to impose a 25% tariff on Indian goods and American President Donald Trump’s critical remarks about the Indian economy, Union Commerce Minister Piyush Goyal told the Lok Sabha on Thursday that the government stands firm in protecting the interests of Indian farmers, workers, and entrepreneurs. Goyal, in a suo motu statement in the Lok Sabha, said the government is studying the implications of these tariff announcements, which take effect from August 1.
 Source:  economictimes.indiatimes.com
01 Aug, 2025 News Image India is the fastest-growing economy and will soon be third largest: Piyush Goyal counters Donald Trump's 'dead economy' jibe.
During the Parliament Monsoon Session, Union Minister Piyush Goyal while responding to Trump tariffs said that India will soon become the third largest in the world in terms of GDP size and is currently the world's fastest growing major economy. In what appeared to be a response to US President Donald Trump's jibe that India is a 'dead economy', Goyal highlighted that the Indian economy will soon become the third largest in the world in terms of GDP size and is currently the world's fastest growing major economy. He also said that in a span of few years India has gone from being the world's 11th largest to the 5th largest.
 Source:  economictimes.indiatimes.com
01 Aug, 2025 News Image Support to Farmers for Adopting Quality Standards.
Ministry of Food Processing Industries (MoFPI) is implementing two Central Sector Schemes namely Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) and Production Linked Incentive Scheme for Food Processing Industry (PLISFPI). Further, a Centrally sponsored scheme namely PM Formalization of Micro Food Processing Enterprises (PMFME) scheme is also being implemented.
 Source:  pib.gov.in
01 Aug, 2025 News Image Cashew sector see no threat from US tariff, say exporters.
Indian cashew exporters not worried over the imposition of 25 per cent tariff by the Donald Trump administration, said exporters. Pankaj N Sampat of Samson Traders said the say cashew shipments to the US markets are very small and the emerging situation will not have any major direct impact on the sector. However, the US tariff on cashews from all origins —ranging from 10 to 25 per cent —will mean that the consumers in that country will have to pay more for cashews (and all other imported products). This can have short term impact on cashew consumption in the US.
 Source:  thehindubusinessline.com
01 Aug, 2025 News Image Cabinet approves total outlay of Rs.6520 crore including additional outlay of Rs.1920 crore for ongoing Central Sector Scheme 'Pradhan Mantri Kisan Sampada Yojana' (PMKSY) during 15th Finance Commission Cycle (2021-22 to 2025-26).
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today has approved a total outlay of Rs.6520 crore including additional outlay of Rs.1920 crore for ongoing Central Sector Scheme 'Pradhan Mantri Kisan Sampada Yojana' (PMKSY) during 15th Finance Commission Cycle (FCC) (2021-22 to 2025-26).
 Source:  pib.gov.in