21 Mar, 2024 News Image Indian start-up ecosystem to play a key role in making India third-largest economy: PM Modi.

Prime Minister Narendra Modi on Wednesday said that India has democratised technology and the 'haves and have nots' theory cannot work in this country. He said this was exemplified by the financial inclusion achieved through UPI, which is used for financial transactions even in villages.


 Source:  thehindubusinessline.com
21 Mar, 2024 News Image Trade officials, exporters to meet over rejection of Indian farm exports.

Senior commerce ministry officials are preparing to meet exporters and other stakeholders to find ways to meet phytosanitary requirements that have become a hurdle for agricultural exports, two people aware of the matter said.


 Source:  livemint.com
21 Mar, 2024 News Image Basmati exports set to top record $5 billion-mark this fiscal.
India’s basmati shipments are set to cross the $5 billion-mark during the current financial year on robust demand from traditional markets in Middle East and other markets such as the United States and the United Kingdom.
Basmati shipments have maintained a growth rate of about 20 per cent in the first ten months of the financial year 2023-24 (April-January) with the export value touching $4.586 billion. With shipments gathering pace in February, ahead of the Ramadan festive season, trade sources expect the value to exceed $5 billion for the current fiscal.

 Source:  thehindubusinessline.com
21 Mar, 2024 News Image India can sustain 8 pc growth, even higher: RBI bulletin.

India can sustain 8 per cent annual GDP growth and the conducive macroeconomic configuration may become a launching pad for a step-up in the country's growth trajectory, said an article on the 'State of Economy' in the central bank's March Bulletin published on Tuesday. Over the period 2021-24, gross domestic product (GDP) growth has averaged above 8 per cent.


 Source:  economictimes.indiatimes.com
20 Mar, 2024 News Image Ministry of Commerce & Industry: Startup Mahakumbh witnesses record-breaking participation and enthusiasm.

The Startup Mahakumbh, India’s largest and pioneering startup event, has witnessed unprecedented participation, underscoring the nation’s vibrant entrepreneurial landscape and fostering innovation across various sectors.


 Source:  theprint.in
20 Mar, 2024 News Image India's exports may reach $450 billion this fiscal: New FIEO president.
The country's merchandise exports are expected to reach USD 450 billion by the end of this fiscal despite geo-political challenges like the Red Sea crisis, newly elected president of apex exporters body FIEO Ashwani Kumar said on Tuesday. He said that the need of the hour is to address the Red Sea crisis challenges by ensuring the availability of marine insurance and rational increase in freight charges.
 

 Source:  economictimes.indiatimes.com
20 Mar, 2024 News Image ICAR-CCRI, Nagpur Conducts Capacity Development Programme on Adoption of Good Agriculture Practices (GAP) for Citrus Farmers of Chhindwara, MP.

A two-day training program was organized by ICAR-Central Citrus Research Institute (CCRI), Nagpur from March 12th to 13th, 2024 in the institute for citrus growers of Chhindwara district, Madhya Pradesh. Thirty-five trainees participated from Sausar, Pandhurna, and Mohkhed blocks of the Chhindwara district, Madhya Pradesh.


 Source:  krishijagran.com
20 Mar, 2024 News Image FSSAI asks States to prepare surveillance plan on anti-microbial resistance.
FSSAI unveils action plan on anti-microbial resistance during its 43rd Central Advisory Committee-CAC meeting in Coimbatore, Tamil Nadu.
According to FSSAI, deliberations were held on creating awareness among farmers regarding the judicious use of antibiotics in livestock, aquaculture and poultry.
 

 Source:  fnbnews.com
20 Mar, 2024 News Image FSSAI sets up lab network to test food for pathogens.
With food poisoning and diarrhoea becoming a common occurrence, the Food Safety and Standards Authority of India (FSSAI) is working towards creating a network of 34 microbiology labs across the country that will be equipped to test food products for 10 pathogens, including E coli, salmonella and listeria.
'These labs will help test food for microbial contamination that can lead to spoilage of food and potential health risks,' said a senior health official of FSSAI.
 

 Source:  indianexpress.com
20 Mar, 2024 News Image New rules to avail export concessions under UK scheme.
Indian exporters who want to avail the duty concessions on their shipments to the UK have to adhere to Britain’s new rules under their Developing Countries Trading Scheme (DCTS), the Directorate General of Foreign Trade said Monday.
The has replaced its existing origin declaration process under Generalized Scheme of Preferences (GSP) with the UK DCTS effective June 19, 2023.
 

 Source:  economictimes.indiatimes.com