The recent statements by President-elect Donald Trump about imposing higher tariffs on imports from Mexico and Canada cast a shadow over two important aspects of global trade — friend-shoring and the United States-Mexico-Canada Agreement (USMCA).
Wooden packaging has been a cornerstone of agriculture and related industries for years, valued for its durability, recyclability, and eco-friendliness. In India, the growing demand for sustainable, efficient packaging solutions has sparked innovative advancements that go beyond just function-they are revolutionising the environmental impact of wooden packaging. These innovations are transforming traditional practices, unlocking new possibilities for improved storage, transportation, and export of agricultural products.
The Swiss decision to suspend the most favoured nation clause in the Double Taxation Avoidance Agreement will not delay the ratification and implementation of the already signed trade agreement between India and the EFTA bloc, Switzerland has said. The Swiss government has suspended the Most Favoured Nation (MFN) status, which could potentially impact Swiss investments in India and lead to higher taxes on Indian companies operating in the European nation.
The contribution of the agriculture sector to the country's GDP has been 18 percent. Especially during the time of Covid, the whole world has come to know that India's agriculture sector is stronger than other countries. The central government is always striving to strengthen this sector further. Expressing the Modi Government's commitment towards this sector, Union Agriculture & Farmers Welfare and Rural Development Minister, Shri Shivraj Singh Chouhan said that his Government is leaving no stone unturned towards making India the food basket of the world. Addressing the Platinum Jubilee Conference of Gokhale Institute of Politics and Economics (AERC) in Pune today, Shri Chouhan said that the work of researchers should not be confined to the lab only but it should be extended to the farmers as well. His government is working on many aspects in this direction.
The Centre and state governments are working on a new scheme to help farmers transport the farm produce to other states and markets, Union Agriculture Minister Shivraj Singh Chouhan announced on Monday. Speaking on the occasion of the platinum jubilee of the Gokhale Institute of Politics and Economics (AERC), Singh said: '...the central government is working on a new scheme to deliver the farmers' products to distant places,' according to an official statement.
With political turmoil escalating and economic pressures mounting, Bangladesh's interim government has decided to secure its food supplies by purchasing 50,000 tonnes of rice from India.
In a fresh turn towards progressive farming in Odisha, several farmers in Koraput district have shifted from traditional crops and turned to cultivating the queen of berries, with several acres of farmland now being dedicated to growing the prized fruit.