Emerging economies have significantly influenced global agricultural market trends over the past 20 years and are anticipated to continue doing so in the coming decade. This projection is detailed in a new report by the Food and Agriculture Organization of the United Nations (FAO) and the Organisation for Economic Co-operation and Development (OECD).
India aims to clock $2 trillion goods and services exports by 2030 amid the Red Sea crisis and two ongoing wars. Ecommerce exports are growing rapidly and those done through the postal and courier routes are pegged at $1.5 billion. ET looks at the export sector’s budget wishlist and the challenges it faces.
A significant meeting convened at Jain Hills recently brought together Agricultural and Processed Food Products Export Development Authority (APEDA) banana growers and exporters to strategise on enhancing India's banana exports.
International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas on Tuesday said India may benefit from tariff and other actions against China.
The success of the first exports of Goa's famed 'malcorado' mango, also called 'mankurad' to the United Kingdom recently has opened a window of hope among farmers in the State.
The 'malcorado mango' had earned a GI tag in August last year.
"A consignment of three quintals (300 kgs) of the much sought after native Goan variety of mango was shipped from the Manohar International Airport and the entire project was coordinated by the Agriculture Products Export Development Agency (APEDA) for the exporters, Kay Bee Exports," an official of the Agriculture Department said.
The official also said that the experiment to export the malcorado was kick started with the interest shown by the Maharashtra-based Kay Bee Exports whose officials got in touch with the Goa Agriculture Department and then, one thing led to another.
APEDA officials then enquired with a number of cultivators and then zeroed in on the horticulture farms in the Sattari region. The mangoes for export were eventually sourced from the farm belonging to Dr Francis Pinto located in the Naneli area of Valpoi and managed by Rakesh Singh.
The founder and CEO of Kay Bee exports, Prakash Kakkar, himself visited Goa to ensure that the malcorado mango export experiment succeeds, said an official of the Agriculture Department.
The success of the project, according to him, bodes well for Goa's famed malcorado mango which is known to have a very short shelf-life, much lower than neighbouring Ratnagiri's 'Alphonso' made famous by exports to western countries.
The Kremlin said on Tuesday that the final details of a visit by Prime Minister Narendra Modi to Russia were being worked out, and that deepening trade and economic cooperation would be one of the key themes of the visit.
The commerce ministry has sought views of different departments on proposed measures to revive special economic zones and facilitate business transactions between SEZ and the domestic market, a senior official said on Monday. The official said that the ministry has suggested allowing the sale of products manufactured in Special Economic Zones (SEZs) in the domestic market on payment of duty foregone on inputs as that would help promote value addition.
