Don’t export tomorrow’s wheat surplus today.
India is not short of wheat. The question is whether it knows enough about the crop it will harvest six months from now to export freely today. On August 24, wheat exports moved from 'prohibited' to 'free', following calibrated permissions of 2.5 MMT each in February and April. The balance sheet looks comfortable. Production is officially estimated at 120.7 MMT, though trade estimates are closer to 110 MMT. Procurement reached 35.76 MMT, against about 30 MMT last year. Central Pool wheat stocks stood at nearly 48 MMT on September 1, more than twice the October 1 buffer norm of 20.5 MMT. But a buffer surplus is not an export surplus. Today’s abundance comes from a crop already harvested. The crop that must replenish these stocks will be sown over the next two months, and there are reasons for caution.
Source: indianexpress.com
No extra time for realising export proceeds.
With the rupee under pressure, the RBI has rolled back an earlier move to give exporters more time to bring in export proceeds from Oct 2026. In Jan, the RBI had allowed exporters 15 months from the date of shipment or invoice to realise and repatriate the proceeds from Oct.
Source: timesofindia.indiatimes.com
Uttar Pradesh Targets Rs 5 Lakh Crore in Annual Exports by 2030: Piyush Goyal.
Uttar Pradesh is targeting a sharp increase in annual exports from around Rs 2 lakh crore to Rs 5 lakh crore by 2030, as the state looks to expand its presence in global markets and move closer to its ambition of becoming a $1 trillion economy. Union Commerce and Industry Minister Piyush Goyal announced the target while addressing the UP International Trade Show in Greater Noida, highlighting exports, foreign investment and international market access as key drivers of the state's economic growth.
Source: openthemagazine.com
Shivraj Singh Chauhan, state ministers to discuss Rabi production targets, farmers’ income.
Focusing on key priorities and preparedness for the forthcoming Rabi season, a two-day conference will start on September 28, with Union Agriculture Minister Shivraj Singh Chauhan inaugurating it at Pusa in New Delhi. According to an official statement on Sunday, the conference will focus on strengthening Centre–state coordination and evolving a coordinated, outcome-oriented strategy to enhance agricultural production, productivity, sustainability and farmers’ incomes.
Source: newindianexpress.com
Horticulture sector supports 35 lakh people, adds 10% to J&K GDP: Javid Dar.
Responding to a clubbed question by MLAs Pirzada Farooq Ahmad Shah, Ghulam Mohi-ud-din Mir and Irfan Hafiz Lone, along with a supplementary by MLA Shabir Ahmad Kullay, the minister said nearly 35 lakh people, comprising around 7.5 lakh families, are directly or indirectly dependent on the horticulture sector for their livelihoods. He said horticulture has substantial employment potential, with every hectare of orchard area generating about 400 man-days of employment annually, making a significant contribution to the rural economy.
Source: tribuneindia.com
GI-tag ‘Kaladi cheese’ of J&K reaches commercial threshold for global consumption: Dr Jitendra.
Union Minister of State in PMO Dr Jitendra Singh has stated that the 'Kaladi', the GI-tagged traditional dairy product of Udhampur district of Jammu and Kashmir, has reached commercial threshold for local and global consumption. He has shared this good news with Udhampur and other inhabitants of J&K on his social media handle. The Union Minister represents Udhampur-Doda-Kathua constituency in Lok Sabha.
Source: greaterkashmir.com
Himachal procures over 8,000 MT apples under MIS; 17,000 farmers register on HPMIS.
The Himachal Pradesh government has procured more than 8,000 metric tonnes (MT) of apples under the Market Intervention Scheme (MIS), while over 17,000 farmers have registered on the HPMIS portal. Procurement began on August 1 through 213 Apple Collection Centres (ACCs) operated by HPMC and HIMFED and will continue till October 31.
Source: newindianexpress.com
NZ horticulturist to lead India Apple Action Plan.
New Zealand Apples & Pears Incorporated has secured a seasoned horticulturist to deliver the Apple Action Plan, a key initiative of the India-New Zealand Free Trade Agreement. Lachlan McKay brings more than three decades of experience to the delivery of the Apple Action Plan (AAP), which focuses on bolstering long-term productivity for Indian apple growers.
Source: farmersweekly.co.nz
Sugar imports likely for second year.
India may need to import sugar for a second consecutive year as severe water stress in key cane-growing states threatens to cut sugar recovery and deepen a production shortfall, industry executives said. The world's second-largest sugar producer had remained structurally surplus for nearly a decade but was forced to import sugar in the 2025-26 season after lower output pushed domestic prices to record highs. Prolonged rainfall shortages in Maharashtra and Karnataka, coupled with the state prioritising reservoir water for drinking over irrigation, are expected to reduce sugar content in cane due for crushing from October, executives said.
Source: economictimes.indiatimes.com
Trade deal between India and US done & dusted: Piyush Goyal.
The trade pact between India and the US is almost 'done and dusted' and will be executed once Washington gives New Delhi the right competitive advantage over its competitors in the American market, said commerce and industry minister Piyush Goyal Thursday at an event organised by the Public Affairs Forum of India.
Source: economictimes.indiatimes.com