Agriculture & Allied Sector GVA More Than Doubles to ₹48.77 Lakh Crore in 2023-24; Foodgrain Production Continues to Rise.
As per the latest estimates of GVA released by the Ministry of Statistics and Programme Implementation (MoS&PI), the composition of Agriculture & Allied Sector in total GVA is about 18%. Further, as per the National Accounts Statistics, the GVA of agriculture and Allied sector for 2014-15 is estimated at Rs. 20,93,612 Crore and for 2023-24 it is estimated at Rs. 48,77,867 Crore. Agriculture and Allied sector has recorded compound annual growth of 8.83 % for the period 2014-15 to 2023-24 at current prices.
Source: pib.gov.in
Ministry of Agriculture and Farmers Welfare releases Second Advance Estimates of Production of major agricultural crops (Kharif & Rabi) for 2025-26.
The Ministry of Agriculture and Farmers Welfare has released Second Advance Estimates of production of Major Agricultural Crops (Kharif & Rabi) for the year 2025-26. Union Minister of Agriculture & Farmers' Welfare and Rural Development, Shri Shivraj Singh Chouhan, while approving and releasing the data on major agricultural crops, stated that under the leadership of Hon’ble Prime Minister Shri Narendra Modi, the Central Government is continuously working towards the development of agricultural sectorfor the prosperity of farmers. As a result, our agriculture sector is making steady progress.
Source: pib.gov.in
Union Minister of Commerce & Industry Shri Piyush Goyal calls for stronger collaboration to position India as global leader in agricultural and processed food exports.
Union Minister of Commerce & Industry Shri Piyush Goyal today called upon stakeholders from the food, agriculture and hospitality sectors to work collectively towards making India the world’s largest exporter of agricultural and processed foods, highlighting the vast opportunities created by India’s expanding trade agreements and the growing global demand for Indian products.
Source: pib.gov.in
FSSAI urges states to strengthen food safety enforcement at 49th CAC meeting.
The Food Safety and Standards Authority of India (FSSAI) has urged States and Union Territories to intensify food safety enforcement and strengthen inspection mechanisms during the 49th meeting of the Central Advisory Committee (CAC) held in Gangtok. The meeting brought together Commissioners of Food Safety, government officials and stakeholders from the food industry to discuss strategies for improving the country’s food safety ecosystem.
Source: fnbnews.com
Direct sourcing from farms improves freshness, pricing & farmer incomes.
A growing shift toward direct sourcing of agricultural produce from farms and Farmer Producer Organisations (FPOs) is transforming the food supply chain by improving freshness, stabilising prices and enhancing farmers’ incomes. The approach is increasingly being adopted by food businesses, restaurants and retail chains seeking reliable access to high-quality ingredients while strengthening rural livelihoods.
Source: fnbnews.com
'India’s new grape varieties set for massive acreage and export ramp-up'.
Bloom Fresh International's premium grape varieties proved far tougher than traditional ones like Thompson Seedless during this season's heavy rains in India, delivering solid first commercial crops with big acreage and export growth ahead, says Ganesh More, partner at Agoxtic Farms, seeing the momentum building. 'For our first commercial crop at Agxotic this year, we've had fairly decent success, with these new varieties showing significant potential in our climatic conditions.'
Source: freshplaza.com
India's farm exports seen to touch $55 billion in 2025, trade minister says.
India's agricultural exports are seen to touch $55 billion in 2025, Indian trade minister Piyush Goyal said on Tuesday. New Delhi will not allow any tariff concessions on sugar imports under any trade deal, Goyal added.
Source: reuters.com
Shipping crisis halts Middle East routes for India's largest fruit export, bananas.
The ongoing conflict between the United States, Israel, and Iran has led to the closure of the Strait of Hormuz, resulting in a global shipping standstill. Among the casualties is the Indian produce industry, which currently has roughly 1,000 containers of bananas, grapes, onions, watermelons, and muskmelons stuck at the Jawaharlal Nehru Port Authority (JNPA) in Mumbai, The Indian Express reports.
Source: freshfruitportal.com
AAHAR 2026: Piyush Goyal Urges Stronger Collaboration to Make India a Global Leader in Agri & Processed Food Exports.
Union Minister of Commerce & Industry Piyush Goyal has called for stronger collaboration among stakeholders in the food, agriculture, and hospitality sectors to position India as a leading global exporter of agricultural and processed food products. Speaking at the inauguration of the 40th edition of AAHAR – The International Food & Hospitality Fair (AAHAR 2026) in New Delhi, the Minister highlighted the significant progress India has made in agri-food exports and emphasized the opportunities created by expanding global trade partnerships.
Source: global-agriculture.com
Allana Group is committed to helping India export food to West Asia amid uncertainties.
Amid rising geopolitical tensions sparked by the West Asia war and shipping routes facing widespread disruption, India’s top food exporters are emerging as the crucial link in stabilizing the region’s daily supply needs. Among them, the Allana Group – one of India’s largest food exporters is playing an increasingly significant role in ensuring that essential food supplies continue reaching import-dependent West Asian economies amid rising geopolitical uncertainties.
Source: etedge-insights.com