06 Dec, 2024 News Image Investment in Food Processing Sector.

In order to ensure overall development of Food Processing Sector in the country, Ministry of Food Processing Industries (MoFPI) implements Central Sector Umbrella Scheme, Pradhan Mantri Kisan Sampada Yojana (PMKSY), since 2016-17, Production Linked Incentive Scheme for Food Processing Industry (PLISFPI), since 2021-22 and centrally sponsored Pradhan Mantri Formalization of Micro food processing Enterprises (PMFME) Scheme, since 2020-21. 


 Source:  pib.gov.in
06 Dec, 2024 News Image 1,655 tons of rice imported from India through Benapole.

After the tax was withdrawn,1,655 tons of rice were imported from India through Benapole land port in the last 17 days. Rice import resumed on November 17 after 2 years.


 Source:  dhakatribune.com
06 Dec, 2024 News Image Indian businesses should not be excessively dependent on one supply chain: Jaishankar on trade with China.

Indian businesses should take a 'balanced' approach in dealing with China as excessive dependence on its supply chain could be detrimental to India's national interest, External Affairs Minister S Jaishankar said on Thursday (December 5, 2024).


 Source:  thehindu.com
06 Dec, 2024 News Image India, Estonia To Strengthen Cooperation In Agriculture Sector.

Estonia is, of course, a cyber security giant. That, Egovernance systems and robotics apart, this country of 1.5 million people is reaching out to India for a wider relationship — selling gin and fish and cheese to India and buying fruits and vegetables and tea and coffee.


 Source:  timesnownews.com
06 Dec, 2024 News Image India for fast-tracking talks in WTO on special safeguard mechanism.

India has pitched for fast-tracking negotiations in the WTO on special safeguard mechanism (SSM), which would allow developing countries to temporarily raise tariffs on agricultural imports in response to import surges or price drops, an official said. The country flagged the issues during a meeting of a committee on agriculture issues in Geneva on December 4.


 Source:  economictimes.indiatimes.com
06 Dec, 2024 News Image India, Kuwait sign MoU to establish Joint Commission for Cooperation.
External Affairs Minister (EAM) S Jaishankar and Kuwait's Foreign Minister Abdullah Ali Al Yahya signed a Memorandum of Understanding (MoU) on Wednesday to establish a Joint Commission for Cooperation (JCC) at the level of foreign ministers.
 

 Source:  business-standard.com
06 Dec, 2024 News Image Russian President Putin praises PM Modi's 'India-First' Policy and 'Make in India' Initiative at VTB Russia Calling Investment Forum in Moscow.

President Vladimir Putin praised Prime Minister Shri Narendra Modi's 'India-first' policy and the 'Make in India' initiative at the 15th VTB Russia Calling Investment Forum. President Putin acknowledged India's efforts to foster a stable environment for growth, emphasising how these policies have contributed to India's development.


 Source:  pib.gov.in
05 Dec, 2024 News Image Trump s high tariff pledge will provide huge export opportunities for India: NITI Aayog s Subrahmanyam.
U.S. President-elect Donald Trump's pledge to impose high tariffs on three of its trading partners, including China will provide huge export opportunities for India and the domestic industry should prepare itself to tap into that, NITI Aayog CEO B.V.R. Subrahmanyam said on Wednesday (December 4, 2024).
 

 Source:  thehindu.com
05 Dec, 2024 News Image As told to Parliament (December 3, 2024): 455 stress-tolerant crop varieties developed in 2024.
In a significant stride towards addressing climate change and malnutrition, the Indian Council of Agricultural Research has developed 524 new varieties and hybrids of field crops and 167 of horticultural crops in 2024, stated Shivraj Singh Chouhan, Union Minister of Agriculture and Farmers' Welfare, during a session in the Lok Sabha December 3, 2024.
 

 Source:  downtoearth.org.in
05 Dec, 2024 News Image Israel s six key economic clusters seek partnerships with India.
Israeli Minister of Economy Nir Barkat has expressed profound gratitude to India for its unwavering support, highlighting Prime Minister Narendra Modi’s prompt solidarity following the October 7 terror attacks.
 

 Source:  economictimes.indiatimes.com