India's rice export prices rose to a near three-month peak this week as demand picked up and the government raised paddy procurement price for the new season.
Bangladeshi Prime Minister Sheikh Hasina's first visit to India after the swearing-in of the third Narendra Modi-led government has seen both nations extend their partnership in connectivity, infrastructure, and energy. Both sides will also soon begin talks on a proposed trade agreement and two Special Economic Zones (SEZs) in Bangladesh offered to India.
The Commerce Ministry is likely to move a proposal before the Amit Shah-led Committee of Ministers (CoM) on food prices to 'suitably change' the export duty structure on parboiled non-Basmati rice. It will likely seek a direction on industry’s demand to cut the minimum export price (MEP) of Basmati rice from the current $950/tonne.
The Uttar Pradesh (UP) government will connect state’s agriculture commodity startups with central government promoted e-commerce platforms like ONDC (Open Network for Digital Commerce) and e-NAM (National Agriculture Market).
Specialists from Rosselkhoznadzor engaged in discussions with representatives of the Ministry of Commerce and Industry of the Government of India regarding the supply of fruits and vegetables to Russia. New Delhi has expressed a desire to expand the range of goods exported. Specifically, the country is interested in exporting potatoes and pomegranates.
The Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with the Australian Government, recently hosted a pivotal roundtable to discuss advancements and future prospects of the Australia-India Critical Agriculture Skills Pilot Project.