Over 2 lakh micro food processing enterprises covered under PMFME: Chirag Paswan.
Food Processing Industries Minister Chirag Paswan on Saturday announced that over 2 lakh micro enterprises have received credit-linked subsidy under the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme since its launch in 2020 to set up processing facilities with a combined investment of Rs. 20,300 crore. The total subsidy amount provided so far under the PMFME scheme is around Rs. 6,000 crore, he added.
Source: thehindubusinessline.com
NABARD facilitates GI registration for 28 new products.
NABARD said on Friday that it has facilitated the Geographical Indication registration of 28 new products such as traditional handicrafts, handloom textiles and bamboo crafts among others across the country. Till date, NABARD has supported 176 products in securing GI registration.
Source: thehindubusinessline.com
Union Minister of Commerce & Industry Shri Piyush Goyal to Lead High-Level Business Delegation to Spain, Belgium and Finland from 13–17 July 2026.
Union Minister of Commerce & Industry, Shri Piyush Goyal, will lead a high-level Indian business delegation to Spain, Belgium and Finland from 13 to 17 July 2026. The visit underscores India's commitment to strengthening economic partnerships across Europe, with a focus on trade, investment, technology, innovation and sustainability.
Source: pib.gov.in
Union Minister Shri Chirag Paswan Hails PMFME Scheme's Landmark Achievement of Over Two Lakh Credit-Linked Beneficiaries.
The Union Minister for Food Processing Industries, Shri Chirag Paswan, today presided over a special event in New Delhi to celebrate achieving a historic milestone under the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme — the sanction of loans to more than two lakh micro food processing enterprises. While crossing 2 Lakh loan sanctions, the scheme has leveraged project investments of over Rs. 20,300 crores. Nearly 90 percent of beneficiaries are first-generation entrepreneurs and 44 percent are women entrepreneurs, while over 75,000 PMFME-supported enterprises have entered the formal economy through registrations such as Udyam Aadhaar, Udyam Assist, FSSAI and GST. The Scheme has generated nearly 11 lakh direct and indirect employment opportunities.
Source: pib.gov.in
Delhi to witness Meghalaya Pineapple Festival.
Delhi is set to experience the unmatched sweetness of Meghalaya's world-renowned pineapples as the Government of Meghalaya brings back the fourth edition of the Meghalaya Pineapple Festival from July 10 to 12, 2026, at Dilli Haat, New Delhi. More than a celebration of one of India's finest fruits, the festival is a tribute to the thousands of pineapple farmers whose hard work, resilience and entrepreneurial spirit have helped Meghalaya emerge as one of the country's leading producers of premium-quality pineapples.
Source: fnbnews.com
Indian pomegranate supply stays short while growers prepare for stricter export markets.
According to Sushant Tanaji Narale of Agriprecision FPC, 'Weather-related disruptions throughout the season reduced production across several growing regions, even as growers increasingly position themselves to meet the stricter residue, traceability and GAP requirements of premium export markets.' Sushant says the entire May 2025-26 production cycle was affected by unfavourable weather, with excessive rainfall disrupting flowering, fruit set and overall crop development across parts of Maharashtra, India's leading pomegranate-producing state.
Source: freshplaza.com
India-UK FTA To Make All Indian Exports Duty-Free From July 15: Piyush Goyal.
Union Commerce and Industry Minister Piyush Goyal on Sunday said the India-UK Free Trade Agreement (FTA) will allow all Indian exports to enter the UK duty-free from July 15, benefiting sectors such as agriculture, fisheries, MSMEs and manufacturing, PTI reported. Speaking to reporters, Goyal said the agreement goes beyond trade in goods and services by introducing a Double Contribution Convention (DCC), which exempts Indian professionals working in the UK for up to five years from contributing to the country's social security system.
Source: ndtvprofit.com
Export Promotion Mission (EPM) to strengthen India’s export competitiveness.
India’s export performance is a key part of the country’s economic strategy: Supporting employment generation; Manufacturing and services.
Source: timesofindia.indiatimes.com
Ladakh set to export 1,000 MT of apricots to Dubai; first shipment to be dispatched on July 14.
Ladakh Chief Secretary Ashish Kundra on Friday reviewed all the arrangements and asked officials to ensure timely procurement, refrigeration, quality certification and seamless transportation for the export consignment, which will reach Delhi by road before being loaded on a cargo plane to Dubai.
Source: tribuneindia.com
India likely to maintain rice exports despite climate risks: International Grain Council.
India's rice production and export outlook remains intact despite concerns over a weaker monsoon and the risk of El Niño, according to the International Grains Council (IGC). Arnaud Petit, Executive Director of the International Grains Council, said the global grains body continues to expect India to harvest a rice crop similar to last year's and has not lowered its export forecast for the 2026-27 season, even as weather risks remain.
Source: cnbctv18.com