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25 Mar, 2025 News Image Tariffs, market access for agricultural goods on agenda as U.S. trade delegation visits India.
Market access to agricultural products, a long-protected area in Indian imports, could be on the agenda as a U.S. delegation, headed by Brendan Lynch, the U.S. Trade Representative’s point-person for South and Central Asia, travels to India on Tuesday (March 25, 2025) for a five-day visit.
 Source:  thehindu.com
25 Mar, 2025 News Image Government begins mustard procurement in Haryana, Assam.
The Government has began procurement of mustard for the ongoing rabi marketing season in states such as Haryana and Assam. According to NAFED, the cumulative purchases made till March 20 from states of Haryana and Assam stood at over 864 tonnes.
 Source:  thehindubusinessline.com
24 Mar, 2025 News Image India removes 20% export duty on onions effective April 1.
The government has withdrawn the 20% duty on onion export, effective from April 1, 2025 thus removing all the restrictions on the export of this kitchen staple after 1.5 years. Starting from October 2023, the government had taken measures to check export by means of duty, minimum export price (MEP) and even to the extent of export prohibition for almost five months, from December 8, 2023 till May 3, 2024. The export duty of 20% which now stands removed has been in place from September 13, 2024.
 Source:  The government has withdrawn the 20% duty on onion export, effective from April 1, 2025 thus removing all the restrictions on the export of this kitchen staple after 1.5 years.
24 Mar, 2025 News Image Several Nations, Including Belgium And Egypt Turn To India To Strengthen Trade Ties.
India’s economic stability and political strength are attracting several countries to enhance bilateral trade and investment relations. Over a dozen nations, both small and large, are keen to deepen their economic ties with the nation. At the same time, India is actively negotiating free trade agreements (FTAs) with major economies such as the European Union and the United Kingdom, according to officials.
 Source:  newsx.com
24 Mar, 2025 News Image Strong trade momentum for India in December quarter: Unctad.
India has seen strong goods and services trade momentum in the Dec quarter, a report by UN body Unctad has said but cautioned that global trade could be hit by the policy shifts in the US and trade and geopolitical tensions. Besides, it has pointed to high duties faced by developing countries, limiting market access for their goods. The agency's latest Global Trade Update said that exports from South Asia face among the highest tariffs, averaging around 4%, while imports to the region and Africa see the highest average levy of around 8%.
 Source:  timesofindia.indiatimes.com
24 Mar, 2025 News Image India's agri growth rate to be 20% in 2 years, says Nitin Gadkari; flags high logistics cost.
India's agricultural growth rate is expected to be 20 per cent in the next two years and the Centre's first priority is to make the sector economically viable and create more jobs, Union Minister Nitin Gadkari said on Saturday. Around 65 per cent of the country's population is rural but they contribute only 12 per cent in growth, he said at a Business Today event here. In order to become a USD 5 trillion economy and achieve third rank in the work, the country's rural economy and agriculture are very important, the Union minister for road transport and highways (MoRTH) said.
 Source:  economictimes.indiatimes.com
24 Mar, 2025 News Image Agriculture Minister Shivraj Singh Chouhan urges quick transfer of farm tech from labs to fields.
Agriculture Minister Shivraj Singh Chouhan on Saturday emphasised the need for faster transfer of farm technologies from laboratories to the fields to benefit farmers. Addressing the Indian Agricultural Research Institute's (IARI) 63rd convocation, Chouhan stressed the adoption of agricultural machinery, smart farming and advanced digital technologies to address global challenges.
 Source:  economictimes.indiatimes.com
24 Mar, 2025 News Image India, US in talks to settle tariff-related issues: MEA.
India and the US are engaged in discussions to resolve tariff-related issues, with both nations working towards the framework for a bilateral trade agreement, external affairs ministry spokesperson Randhir Jaiswal said Friday. '...I would like to emphasise that both India and the US are in discussions about this matter,' Jaiswal said during a press briefing, signalling a possible breakthrough in ongoing negotiations.
 Source:  economictimes.indiatimes.com
24 Mar, 2025 News Image Haryana: CM announces sops for horticulture farmers.
Chief Minister Nayab Singh Saini has announced several sops for horticulture farmers, including special markets and financial support. He emphasised the adoption of Israeli agricultural techniques and revealed plans to send young farmers to Israel for advanced training.
 Source:  tribuneindia.com
24 Mar, 2025 News Image India's District Agriculture Office announced plans to expand banana cultivation.
The District Agriculture Office in India plans to expand the banana cultivation in Pune, a banana-producing region in India, to 3,000 hectares. This increase is part of the country's agriculture office's plan to increase the annual banana production to 2 lakh tons in the next five years and increase exports. Currently, Pune has a little over 600 hectares of banana plantations.
 Source:  freshfruitportal.com