Trade ministers of India and Australia held parleys on Wednesday to assess the progress on negotiations towards a full-fledged free trade deal, about 20 months since an early harvest bilateral pact called the Economic Cooperation and Trade Agreement (ECTA) came into effect.
Meghalaya has taken a significant step towards promoting organic farming by establishing its own APEDA-certified organic certification body, the Meghalaya State Organic Certification Body (MSOCB).
India's foodgrain production reached a record 332.22 million tonne in the 2023-24 crop year ended June, driven by bumper wheat and rice output, the agriculture ministry said on Wednesday. The final estimate for 2023-24 shows an increase of 2.61 million tonne from the previous year's 329.6 million tonne, the ministry said in a statement.
With over 2,500 exhibitors from 80 countries, the second edition of the Uttar Pradesh International Trade Show (UPITS) 2024 got off to a glittering start at the India expo mart in Greater Noida on Wednesday.
India is the 'champion' of growth among the G20 countries and its expansion will propel the global economy, OECD chief economist Álvaro Pereira said. He remained optimistic about domestic demand maintaining its upward trajectory. Pereira also flagged the need for continued emphasis on improvement in the country’s business climate and skill sets.
The Indian government wants the private sector to explore the possibilities of growing maize hybrid seeds in the northern region so that the yield improves when the cultivation of the crop is taken up as an alternative to paddy under the crop diversification programme. Currently, Telangana and Andhra Pradesh dominate the space in maize seeds production.
Union Commerce and Industry Minister Shri Piyush Goyal along with 13 other IPEF Ministers virtually attended the third Ministerial meeting focused on IPEF Pillar II, III, and IV.
In particular, Minister Goyal along with other IPEF Ministers welcomed the upcoming entry into force of the Clean Economy Agreement, Fair Economy Agreement, and the Overarching Agreement on IPEF on October 11, 2024, October 12, 2024, and October 11, 2024, respectively, and emphasized the significant opportunities to further deepen economic cooperation and deliver concrete benefits under the IPEF agreements through ongoing collaboration.
