India’s total exports (Merchandise and Services combined) for November 2024* is estimated at USD 67.79 Billion, registering a positive growth of 9.59 percent vis-à-vis November 2023. Total imports (Merchandise and Services combined) for November 2024* is estimated at USD 87.63 Billion, registering a positive growth of 27.47 percent vis-à-vis November 2023.
Per capita availability of fruits and vegetables has increased by 7 kg and 12 kg, respectively, over the past ten years, according to State Bank of India (SBI) report.
'Eight importing companies including Mahbubul Alam Food Products, Ark Trading, and Sardar Enterprise, imported the rice,' Abu Taher, revenue officer of the Benapole Checkpost Cargo Branch, told The Business Standard today (14 December).
Sri Lankan President Anura Kumara Dissanayaka held discussions with Indian External Affairs Minister S. Jaishankar and National Security Adviser Ajit Doval on Sunday (December 15), marking the start of his three-day visit to India.
Ministry of Food Processing Industries is supporting Self-Help Groups (SHGs) engaged in Food Processing activities through its schemes. Under Centrally Sponsored PM Formalisation of Micro Food Processing Enterprises (PMFME) Scheme, Ministry provides grants for Seed Capital up to Rs. 40,000/per member of SHG. Individual SHG member can avail credit linked grant @35% of the project cost with maximum ceiling of Rs.10 lakh as a single unit of food processing enterprise. SHGs are also eligible for assistance under relevant component schemes of Central Sector Pradhan Mantri Kisan SAMPADA Yojana (PMKSY).
India is both a leading producer and exporter of agri-food products as well as the world’s sixth largest food and grocery market. Agriculture in general, therefore, and agri-food products in particular, is key to India achieving high inclusive growth as well, generating employment and attracting investment.
Rice inventories in India surged to a record high at the start of December, reaching more than five times the government's target and potentially boosting overseas shipments from the world's biggest exporter of the staple food.
India and Portugal expressed their desire for collaboration in areas like IT, startups and innovation, renewable energy, green hydrogen, migration and mobility of youth, skilled workers, and professionals.
New Zealand is attempting to come back to the negotiating table with India to work out a bilateral free trade agreement (FTA), almost a decade after talks were abandoned by the two countries following their failure to narrow differences in some sensitive areas including dairy and agriculture, sources said.
