World’s largest grain storage plan.
The key criteria for selection of Primary Agricultural Credit Societies (PACS) under the World’s Largest Grain Storage Plan in the Cooperative Sector include that PACS must be identified and approved through the District Cooperative Development Committees (DCDC). Identification of PACS should be undertaken in such locations identified by agencies such as Food Corporation of India (FCI), National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED), National Cooperative Consumers' Federation of India Ltd. (NCCF) etc., where there is an established demand for storage/ storage gap and are suitable for the agencies to provide hiring assurance.
Source: pib.gov.in
Australia eyes higher agri exports to India.
Australia is looking to expand its agricultural exports to India by leveraging the opportunities created under the bilateral Economic Cooperation and Trade Agreement (ECTA) signed between the two countries. The move is expected to deepen agricultural trade ties and further strengthen the economic partnership between the two nations.
Source: fnbnews.com
Exporters recall buffalo meat consignments over spoilage fears.
Indian exporters of frozen buffalo meat have started recalling consignments bound for West Asian markets amid fears of spoilage and uncertainty in shipping schedules. Industry sources said the decision was taken after delays in shipments raised concerns that the products could deteriorate while waiting at ports.
Source: fnbnews.com
Sikkim conducts orientation training on food processing for SHG beneficiaries under PMFME scheme.
The Department of Food Processing Industries, Government of Sikkim recently organised a one-day orientation training programme on food processing for beneficiaries of Self-Help Groups (SHGs) under the Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme (PMFME). The programme was conducted in collaboration with the Positron Computer Education Institute at its campus in Tadong, Gangtok.
Source: fnbnews.com
India's wheat output pegged at record 120.21 million tonnes in 2025-26, up 2%: Ministry.
India's wheat production is estimated at a record 120.21 million tonnes in the 2025-26 crop year, up 2 per cent from 117.94 million tonnes in the previous year, government data showed on Tuesday. Wheat, a major rabi (summer) crop, is beginning to be harvested and is expected to pick up pace in key growing states in the coming weeks.
Source: economictimes.indiatimes.com
India remains engaged with US government: Jitin Prasada.
The government is studying all the tariff-related developments in the US for their implications and remains engaged with America, Parliament was informed on Tuesday. In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said that on February 7, an additional tariff of 25 per cent was imposed by the US on certain Indian exports over India's purchase of Russian oil.
Source: economictimes.indiatimes.com
India-EFTA trade pact marks two years.
The Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) completed two years on Tuesday, marking progress in cooperation across trade, investment, services and technology, the commerce and industry ministry said.
Source: economictimes.indiatimes.com
India should aim to be top agri, processed food exporter: Goyal.
India should aspire to become a leading exporter of agricultural and processed food products, commerce and industry minister Piyush Goyal said Tuesday. India is the seventh-largest exporter of agricultural produce and food products globally, with annual shipments valued at around Rs. 5 lakh crore.
Source: economictimes.indiatimes.com
Centre mulls insurance support for exporters dealing with ongoing West Asia crisis: Piyush Goyal.
The government is considering developing an insurance scheme to support exporters dealing with the ongoing West Asia crisis, said Commerce and Industry Minister Piyush Goyal on Tuesday. He noted that an inter-ministerial group is monitoring developments daily and is in constant touch with exporters.
Source: economictimes.indiatimes.com
Mauritius market opens for Maharashtra onions.
Maharashtra is set to expand its onion export footprint, with more than one lakh tonnes of onions from Nashik and Ahmednagar districts expected to be shipped to Mauritius, State Marketing Minister Jaykumar Rawal informed the Legislative Council on Tuesday. Replying to a question by MLC Sachin Ahir on the hunger strike by onion farmers in Chandwad, Rawal said the move is part of efforts to identify new export destinations as traditional markets face rising competition.
Source: thehindubusinessline.com