04 Oct, 2024 News Image Contribution of FPOs in Floriculture Export: Unlocking India s Potential.

Floriculture is a rapidly emerging sector in India, commonly referred to as a 'sunrise sector' due to its immense potential for income generation and employment creation, especially for small and marginal farmers, many of whom are women. 


 Source:  agrospectrumindia.com
04 Oct, 2024 News Image Lulu Group to set up food processing, logistics centres in Andhra Pradesh.

UAE-based Lulu Group International will set up modern food processing and logistic centres in Andhra Pradesh.


 Source:  fnbnews.com
04 Oct, 2024 News Image India aims to double edible oil output to cut down reliance on imports.
India on Thursday approved a Rs 10,100 crore ($1.2 billion) programme to double edible oil production in the country within seven years, aiming to reduce dependence on costlier imports, the government said in a statement.
 

 Source:  business-standard.com
04 Oct, 2024 News Image Over 75 million export, import containers tracked by logistics data bank so far.

The logistics data bank system has so far tracked over 75 million export and import containers, the commerce and industry ministry said on Thursday. The Logistics Data Bank System (LDB) is a major initiative of NICDC Logistics Data Services (NLDS) to provide the export-import container visibility service across India along with comparative performance metrics.


 Source:  economictimes.indiatimes.com
04 Oct, 2024 News Image Allow 100% juice claim for products with no added sugar: Beverage industry to FSSAI.

The beverage industry has urged the Food Safety and Standards Authority of India (FSSAI) to allow them to make '100 per cent' juice claim in products that have no 'added sugar'.


 Source:  thehindubusinessline.com
04 Oct, 2024 News Image Cabinet approves Rs.1 lakh crore for PM-RKVY and Krishonnati Yojana to boost food security and sustainable agriculture

In a significant move to enhance agricultural productivity and ensure food security, the Union Cabinet approved the proposal from the Department of Agriculture & Farmers Welfare (DA&FW) to rationalise all Centrally Sponsored Schemes (CSS) under the Ministry of Agriculture and Farmers’ Welfare. This new structure will consolidate these schemes into two umbrella initiatives: the Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) and the Krishonnati Yojana (KY).


 Source:  economictimes.indiatimes.com
04 Oct, 2024 News Image Commerce and Industry Minister Shri Piyush Goyal interacts with business leaders and investors in New York.
Union Commerce and Industry Minister, Shri Piyush Goyal held important meetings with business leaders and Indian diaspora in New York.
On day two of the visit to the United States of America (USA), Minister Goyal met leading investors including Chief Operating Officer, BlackRock, Mr. Robert Goldstein; Chairman and CEO, Systems Technology Group, Mr Anup Popat; CEO, Tillman Holdings, Mr Sanjiv Ahuja; CEO, C4V, Mr Shailesh Upreti; and CEO Janus Henderson Investors, Mr Ali Dibadj. During the meetings Minister Goyal discussed opportunities for collaboration to position India as a global manufacturing hub and invited the investors to increase their commercial and trade footprints in India, while also garnering suggestions and ideas from the leading business experts towards furthering ease of doing business.

 Source:  pib.gov.in
04 Oct, 2024 News Image India regards the United States as one of our most reliable trade partners: Piyush Goyal.

Union Minister of Commerce and Industry, Piyush Goyal, on Friday stated that US-India relations are expanding across various sectors, including trade, technology, and investment.


 Source:  economictimes.indiatimes.com
03 Oct, 2024 News Image At 52.54 million tonnes, India s rice procurement in 2023-24 season much above requirement.

The 2023-24 agricultural marketing year (October-September) ended with the government procuring 52.544 million tonnes (mt) of rice – 46.303 mt from the kharif crop and 6.241 mt from the rabi season.


 Source:  thehindubusinessline.com
03 Oct, 2024 News Image Madhya Pradesh: Withdrawal of rice export ban to boost biz by 50%.
The revocation of export ban on non-basmati white rice by Union govt is anticipated to propel exports from Madhya Pradesh in the fiscal year 2024-25 by over 50 per cent from a year ago and entice investments from rice processing units, according to a senior official from Directorate General of Foreign Trade (DGFT), Madhya Pradesh.
 

 Source:  timesofindia.indiatimes.com