12 Dec, 2024 News Image Centre squeezes maximum limit of wheat stock for traders, processors.
 
The Centre on Wednesday announced revision in wheat stock-holding norms, reducing further the maximum quantity that wholesalers, retailers, big chain retailers and processors can keep at any point of time. The move may help the government to moderate prices.

 Source:  thehindubusinessline.com
12 Dec, 2024 News Image 50 pc customs duty on import of apples.
Union Minister of State for Finance, Pankaj Chaudhary today informed the Parliament that the import of  apples currently attracts a customs duty of 50%, which is at par with the World Trade Organization (WTO) bound rate.
 

 Source:  dailyexcelsior.com
12 Dec, 2024 News Image Packing and labelling imported goods don't confer Indian-origin status.
No. Para 2.93(a)(ii) of the HBP lists certain activities that include repacking and labelling, which alone will not be adequate to confer the status of ‘Indian origin’ for the export goods. Therefore, you cannot treat the imported goods that are subject only to repacking or labelling as of Indian origin and ask for non-preferential certificate of origin.
 

 Source:  business-standard.com
12 Dec, 2024 News Image Need to look at India s competitiveness with industry s demand for higher tariffs: DPIIT secretary.

Repeated requests from the industry to hike tariffs if the country is not competitive enough, need to be questioned amid India inking free trade agreements, Department for Promotion of Industry and Internal Trade (DPIIT) secretary Amardeep Singh Bhatia said Wednesday.


 Source:  economictimes.indiatimes.com
12 Dec, 2024 News Image Rising Rajasthan Summit 2024 features session on Agri-business innovations.

On the second day of the 'Rising Rajasthan' Global Investment Summit 2024, a thematic session titled 'Agri-Business Innovations.


 Source:  business-standard.com
12 Dec, 2024 News Image FPO Mela in Indore to Showcase Organic Products and Connect Farmers with Consumers.

A three-day FPO Mela will be organized at the Gramin Haat Bazaar in Indore from December 14 to 16, 2024. The event is being hosted by the Small Farmers’ Agricultural Business Association (SFAC), under the Ministry of Agriculture and Farmers Welfare, Government of India. The Mela will provide a platform for Farmer Producer Organizations (FPOs) to showcase their products, promote organic farming, and connect directly with consumers.


 Source:  krishijagran.com
12 Dec, 2024 News Image Project Under Cold Chain Scheme.

A total of 399 cold chain projects have been approved since inception (2008) to till date (31.10.2024) under the component scheme- Integrated Cold Chain and Value Addition Infrastructure (Cold Chain scheme) of Pradhan Mantri Kisan Sampada Yojana (PMKSY).  Out of these, 284 cold chain projects have been completed and commenced their commercial operations.


 Source:  pib.gov.in
12 Dec, 2024 News Image India, Australia closer to finalising comprehensive trade agreement.

India and Australia have made significant strides towards finalising their Comprehensive Economic Cooperation Agreement (CECA), with both nations agreeing on a roadmap for its early conclusion. During a three-day stocktake meeting held from 4–6 December 2024, officials from both countries discussed critical elements of the agreement, including trade in goods and services, mobility, and agri-tech cooperation.


 Source:  indbiz.gov.in
11 Dec, 2024 News Image India, 3 others oppose China-led investment pact at WTO.

India along with three other nations are opposing the China-led plurilateral Investment Facilitation for Development (IFD) agreement which seeks to put in place a pre-investment review or appeal system through an independent body to screen all investments.


 Source:  economictimes.indiatimes.com
11 Dec, 2024 News Image India, Australia outline path for early conclusion of FTA.
India and Australia have 'outlined a path forward for the early conclusion' of their Comprehensive Economic Cooperation Agreement (CECA), the government said Monday.
 

 Source:  economictimes.indiatimes.com