OILSEED AND PALM OIL PRODUCTION
The National Mission on Edible Oils-Oilseeds (NMEO-OS) was approved on 3rd October, 2024 to boost domestic oilseed production and to strive towards self-reliance (Atmanirbhar Bharat) in edible oils. The mission aims to increase primary oilseed production from 39 million tonnes (2022-23) to 69.7 million tonnes by 2030-31.
Source: pib.gov.in
AGRICULTURAL ROAD MAPS BASED ON AGRO-CLIMATIC CONDITIONS
As reported by the Indian Council of Agricultural Research (ICAR), Agricultural Action Plans have been initiated for the States of Assam, Goa, Maharashtra, Uttarakhand, Tamil Nadu, Andhra Pradesh, Andaman & Nicobar Islands. Comprehensive consultations have been undertaken with the concerned State Governments and other stakeholders for preparation of these agricultural Roadmaps.
Source: pib.gov.in
Currently nine trade disputes pending against India under WTO rules: Govt
There are currently nine trade disputes pending against India under the World Trade Organization (WTO) rules, including those filed by countries such as Japan, Brazil, and Australia, Parliament was informed on Tuesday. In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said the Department of Commerce engages the services of the Centre for Trade and Investment Law (CTIL), the Centre for WTO Studies (CWS), and empanelled law firms for representing and assisting in the defence of India's interests in WTO disputes.
Source: economictimes.indiatimes.com
India's exports from SEZs up 11.8% in 2025-26: Govt
The country's exports from special economic zones (SEZs) rose by 11.8 per cent year-on-year to Rs 16,36,192 crore (USD 185.28 billion) in 2025-26, Parliament was informed on Tuesday. The exports from these zones in 2024-25 were Rs 14,63,669 crore (USD 173.07 billion), according to the data provided by Minister of State for Commerce and Industry Jitin Prasada in a written reply to the Lok Sabha.
Source: economictimes.indiatimes.com
Piyush Goyal likely to visit US for G20 trade ministers meet next month
Commerce and Industry Minister Piyush Goyal is expected to visit the United States at the end of September this year for the G-20 Trade Ministerial in Milwaukee, Wisconsin, an official said. The two-day ministerial will begin on September 30. The United States holds the 2026 G20 presidency. The official said the Indian trade minister is expected to hold a series of bilateral meetings with his counterparts on the sidelines of the ministerial to discuss ways to boost two-way commerce and investments.
Source: economictimes.indiatimes.com
India, US working towards interim trade agreement: MEA
India and the US are working towards an interim trade agreement, with a few issues requiring finalisation, the Ministry of External Affairs (MEA) said on Tuesday. MEA spokesperson Randhir Jaiswal said both sides have done "lot of work" in connection with the proposed trade deal.
Source: economictimes.indiatimes.com
ICAR genome breakthrough opens door to improved pigeonpea varieties
Indian Council of Agricultural Research (ICAR) has developed India's first fully annotated telomere-to-telomere (T2T) reference genome of pigeonpea (Cajanus cajan L. Millsp.) variety 'Asha'. Popularly known as 'Arhar' or 'Tur', pigeonpea is one of India's most important pulse crops and a major source of dietary protein. It plays a vital role in ensuring the country's food and nutritional security. The breakthrough builds on the pioneering work of ICAR–National Institute for Plant Biotechnology, New Delhi in pigeonpea genomics. In 2011, the institute published the world's first draft genome of a pulse crop, pigeonpea variety 'Asha', which was also the first crop genome to be sequenced entirely in India. An improved version of the draft genome was published in 2017, and the latest achievement represents its complete telomere-to-telomere (T2T) genome sequence, providing the most omprehensive genetic blueprint of the crop to date.
Source: economictimes.indiatimes.com
Global crop survey key highlight of upcoming rice conference.
A coordinated global crop survey and projecting future prices based on expected global demand and supply of rice, would be the key features of the upcoming Bharat International Rice Conference (BRIC), the Indian Rice Exporters’ Federation (IREF) which is organising the event, said on Monday. The conference will be held from October 23-25 at Bharat Mandapam, New Delhi.
Source: economictimes.indiatimes.com
India, Uzbekistan should double bilateral trade in three years, says Piyush Goyal.
India and Uzbekistan should aim to double bilateral trade over the next three years, commerce and industry minister Piyush Goyal said on Monday, citing opportunities across mining, pharmaceuticals, healthcare, textiles and digital infrastructure. Bilateral trade currently stands at about $1.5 billion.
Source: economictimes.indiatimes.com
Government invites applications for 30 products' import quota under India-Oman trade pact.
The government Monday invited applications for the allocation of 2026-27 import quotas for 30 products including dates, marble, and aluminium ingots, under the duty concession provisions of the India-Oman comprehensive economic partnership agreement (CEPA), which came into effect June 1. Under the CEPA, India has granted quota-based tariff concessions to certain Omani goods such as dates, marble, copper weld wire, aluminium ingots, billets and wires, and certain petrochemical products, such as ethylene glycol, linear alkylbenzenes, and low-density polyethene.
Source: economictimes.indiatimes.com