19 Dec, 2024 News Image In Rabi 2023-24, 6.41 LMT of Pulses procured, benefiting 2.75 lakh farmers.

The Ministry of Agriculture & Farmers Welfare has initiated several measures to help farmers to enhance their income. The Government's MSP policy for major agricultural commodities seeks to ensure remunerative prices to the growers for their produce with a view to encourage higher investments in farming and boost production and productivity. 


 Source:  pib.gov.in
19 Dec, 2024 News Image Roundtable interaction with Bakery & Confectionery Companies.

Dr. Subrata Gupta, Secretary, Ministry of Food Processing Industries (MoFPI), chaired a roundtable interaction with the business leaders from the bakery and confectionery sub-sector at Vigyan Bhawan Annexe, New Delhi on 18th December 2024. The discussion served as a platform to deliberate on challenges faced by the industry and explore actionable solutions to drive its growth and global competitiveness.


 Source:  pib.gov.in
19 Dec, 2024 News Image Sri Lanka: 16,000 MT of rice imported within two weeks.
Around 16,000 metric tonnes of rice has been imported to Sri Lanka as of 3:30 p.m. today (18), following the relaxing of import restrictions on rice.
Additional Director General of Customs and Customs Media Spokesperson, Seevali Arukgoda, stated that this total includes 6,000 metric tonnes of Red Raw Rice and 10,000 metric tonnes of Nadu Rice.

 Source:  adaderana.lk
19 Dec, 2024 News Image Indian mills can export up to 2 million tons of sugar this season, industry says.
India's sugar mills can easily export up to 2 million metric tons of the sweetener this season as domestic supply prospects improve and local prices show a downward trend, the head of a leading industry body said on Wednesday.
 

 Source:  economictimes.indiatimes.com
19 Dec, 2024 News Image PH eyes deal with India, Pakistan on rice imports.

The Department of Agriculture (DA) is in the middle of negotiations with both Pakistan and India to provide a stable supply of 2 million metric tons (MT) of rice to the country annually.


 Source:  business.inquirer.net
19 Dec, 2024 News Image Malaysian Missions Discuss Steps To Enhance Trade Ties With India.
Malaysia's diplomatic missions in India are exploring further steps to strengthen bilateral commercial links to achieve the annual trade target of US$25 billion by the end of 2026.
Malaysian High Commissioner to India, Datuk Muzafar Shah Mustafa,  last week travelled to the southern metropolis of Chennai and chaired an inter-economic agency meeting.
 

 Source:  bernama.com
19 Dec, 2024 News Image India Exports US $4.4 Billion Worth of Halal Meat as Demand Soars in Global Markets.

India has emerged as a major player in the global Halal meat export market, with its exports valued at an impressive US $4.4 billion in 2022. The surge in demand for Halal-certified products, particularly from countries in the Gulf Cooperation Council (GCC), Southeast Asia, and North Africa, has placed India at the forefront of the global Halal industry. 


 Source:  kashmirlife.net
19 Dec, 2024 News Image Centre implements export restrictions on onions to stabilize domestic supply and prices: Goyal.

Union minister of commerce and industry Piyush Goyal in a written reply to Nashik MP Rajabhau Waje said that as far as export policy of onions is concerned, the Centre has imposed restrictions on onion exports considering the tight domestic supply condition.


 Source:  timesofindia.indiatimes.com
19 Dec, 2024 News Image VP Dhankhar meets Armenian delegation, discusses strengthening ties, trade.
Vice President Jagdeep Dhankhar and Armenian National Assembly President Alen Simonyan held talks in New Delhi on Tuesday, focusing on strengthening bilateral trade, improving connectivity, and deepening the partnership between the two nations.
 

 Source:  business-standard.com
18 Dec, 2024 News Image World Bank approves project worth $325 Mn to boost agriculture in Uttar Pradesh.
Through increased agricultural productivity, the adoption of digital and climate-resilient practices, and improved market connections, the Uttar Pradesh Agriculture Growth and Rural Enterprise Ecosystem Strengthening (UP-AGREES) Project, a $325.10 million initiative, has received approval from the World Bank. As a way to encourage these initiatives, the project also seeks to garner $15 million in private investment.
 

 Source:  agrospectrumindia.com