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India-US deal: Some J&K fruit growers on edge, others call it opportunity to better their produce.
The fruit growers and dealers in Kashmir are worried about the adverse effects of the India-US trade deal on local economy but there are voices within the fraternity who claim the agreement will stabilise the prices and improve the quality of the local produce. Javaid Ahmad Lone, a walnut farmer and dealer from south Kashmir Shopian district, said the imported goods from the US will push the local farmers to improve their stock if they want to stay in the business.
Source: economictimes.indiatimes.com
India aims to sign interim trade deal legal pact with US by March-end: Commerce Secy Rajesh Agrawal.
India anticipates finalizing an interim trade deal with the US by the end of March. Commerce Secretary Rajesh Agrawal confirmed the broad outlines are agreed upon. The pact aims to benefit India's labor-intensive sectors. This agreement is expected to boost Indian exports. Teams are actively working to convert the understanding into a legal document.
Source: economictimes.indiatimes.com
India-US trade deal: New Delhi's trade surplus with Washington may cross $90 billion within a year, says SBI Report.
India's trade surplus with the United States may cross USD 90 billion annually, supported by a sharp rise in exports and higher import potential, according to a report by SBI. As per the report, Indian exporters may increase their exports of the top 15 items to the US by around USD 97 billion in a year. Including the remaining items, the export potential may easily cross the USD 100 billion mark annually.
Source: economictimes.indiatimes.com
Piyush Goyal urges exporters to take advantage of FTAs.
Commerce and industry minister Piyush Goyal on Wednesday urged exporters and industry bodies to take full advantage of the series of free trade agreements (FTA) that India has signed with developed countries so as to maximise job creation and boost exports of goods and services.
Source: economictimes.indiatimes.com
India-US trade pact protects key sensitive sectors: Commerce Secretary.
India has always negotiated with a 'clear mindset' on sectors that are 'very' sensitive for the country in trade pacts and has protected all those key segments under the interim trade agreement with the US, Commerce Secretary Rajesh Agrawal said. He also said that both teams are working to convert the joint statement into a legal agreement, which is expected to be finalised and signed before the end of March.
Source: economictimes.indiatimes.com
Union Budget 2026–27 Historic, Futuristic; Strong Boost for Northeast: Shivraj Singh Chouhan.
Union Minister for Rural Development and Agriculture & Farmers Welfare, Shri Shivraj Singh Chouhan addressed a Press Conference on Union Budget 2026-27 at Guwahati today. Addressing the media, the Union Minister said that the budget is historic and futuristic and will bring positive change to the nation as well as to the Northeastern region.
Source: pib.gov.in
World’s Largest Grain Storage Plan in Cooperative Sector.
Balaghat district of Madhya Pradesh was selected as the pilot district under World’s Largest Grain Storage Plan in Cooperative Sector (WLGSP). Under the pilot project one 500 MT godown was constructed at Bahudeshiya Prathamik Krishi Saakh Sahakari Society Maryadit Parswada in Balaghat District. The project has been fully completed and was inaugurated by the Hon’ble Prime Minister on 24 February 2024. The godown has been hired by Madhya Pradesh Warehousing and Logistics Corporation (MPWLC).
Source: pib.gov.in
Promotion of dairy cooperatives in odisha.
The government is implementing the following schemes to strengthen dairy cooperatives in the country, including Odisha State. NDDB is State implementing Agency (SIA) for Milk Producer Organisations (MPO) and FPOs, till date no project has been sanctioned to MPOs in Odisha State.
Source: pib.gov.in
India poised for surge in agricultural exports to US after trade deal: APEDA Chairman.
India is poised to see a significant surge in agricultural and organic product exports to the United States following the interim trade agreement, with the competitive 18% tariff rate providing Indian exporters a decisive edge in the American market, said Abhishek Dev, Chairman of the Agricultural and Processed Food Products Export Development Authority (APEDA).
Source: thehindubusinessline.com
India’s edible oil production poised at 9.6 MT in 2025-26.
India’s domestic edible oil output is forecast to reach 9.6 million tonnes in the 2025-26 marketing year (October-September), but this will cover only about 40% of the country’s total demand, industry group Indian Vegetable Oil Producers’ Association (IVPA) has projected. As a result, India is expected to import around 16.7 million tonnes of cooking oils to bridge the gap between demand and domestic supply.
Source: fnbnews.com