Aug 20, 2025 News Image Empowering dstricts, Empowering India: The ODOP revolution.
Every district in India is celebrated for its own unique product – one that echoes its tale of local tradition, innovation and hard work. The One District One Product (ODOP) scheme endeavours to harness these stories for the nation’s progress. Thus, by identifying and promoting an exclusive product in each district, ODOP not only promotes artisanal skills, it also sparks economic growth and creates employment opportunities in the country. It also showcases India's local heritage to the world.
 Source:  ibef.org
Aug 20, 2025 News Image India Upped Dairy Products Exports by 80 PC in FY25.
While dairy imports from the US remains a major stalemate in a trade deal with the US, India, the largest producer of milk, has been growing its dairy exports, and it saw 80 per cent growth in FY25. India is the world’s top milk producer with a 24 per cent share of global production. However, its contribution to the global dairy trade remains low at 0.25 per cent due to high domestic consumption.
 Source:  deccanchronicle.com
Aug 20, 2025 News Image Brazil and India Strengthen Ties After Trump’s Tariffs Upend Global Trade.
This year, some safe-haven assets, which investors flock to in times of turmoil, have risen to record highs. Their rise has coincided with the decline of the dollar, in part because they are physical commodities whose value is less tied to inflation or interest rates policy. Or, in the case of other currencies, like the Swiss franc, they belong to governments that have a stable financial system.
 Source:  www.nytimes.com
Aug 20, 2025 News Image India tops world chart in turmeric export with 66% share, Lok Sabha told.
India exported 176,325 metric tons of turmeric in the last fiscal, wherein 155.35 million USD worth turmeric was exported through Maharashtra. In a reply to a question in Lok Sabha, the Ministry of Commerce and Trade has submitted that India tops the world chart in turmeric export with a 66% share in global turmeric market.
 Source:  fnbnews.com
Aug 20, 2025 News Image Milk and Milk Products.
The Department of Animal Husbandry & Dairying (DAHD), Government of India does not regulate the procurement and sale prices of milk. These are determined by cooperative and private dairies based on factors such as cost of production, stocks of dairy commodities (e.g., white butter, skimmed milk powder), and prevailing domestic and international market conditions. However, DAHD regularly monitors the milk situation in coordination with State Milk Federations and other stakeholders.
 Source:  pib.gov.in
Aug 20, 2025 News Image National Policy to promote globally important agricultural heritage systems (GIAHS) sites in India.
As informed by Food and Agriculture Organization (FAO), India currently hosts three Globally Important Agricultural Heritage Systems (GIAHS): the Koraput region in Odisha, the Kuttanad farming system in Kerala, and the Saffron Heritage of Kashmir. The Koraput region is renowned for its subsistence paddy cultivation, predominantly on highland slopes, and is home to a vast diversity of paddy landraces and farmer-developed varieties. It also harbors rich genetic resources of medicinal plants, deeply interwoven with the indigenous tribal communities and their traditional knowledge systems. The Kuttanad system in Kerala stands out as a unique below-sea-level farming landscape, comprising wetlands for paddy cultivation and fish catching, garden lands for coconut and food crops, and inland water bodies for fishing and shell collection. Meanwhile, the Saffron Park of Kashmir represents a rich agro-pastoral system characterized by traditional saffron cultivation, intercropping, and the use of organic farming practices, all of which contribute to maintaining local biodiversity and soil health.
 Source:  pib.gov.in
Aug 20, 2025 News Image Booosting the farm productivity.
According to the Periodic Labour Force Survey (PLFS) July 2023 - June 2024, conducted by the National Sample Survey Office (NSSO) under the Ministry of Statistics and Programme Implementation (MoSPI), 46.1% of the workforce in India is employed in the agriculture sector. Further, as per the National Accounts Statistics 2025, this sector contributed approximately 17.8 per cent of the country’s GDP for FY 2023-24. The Government of India has undertaken several initiatives aimed at enhancing farm productivity.
 Source:  pib.gov.in
Aug 20, 2025 News Image Higher paddy, maize acreage boost overall kharif area.
Kharif sowing is nearing completion as farmers have already planted crops in over 95 per cent of the normal area of about 1,097 lakh hectares (lh) so far. With about 44 lh covered during the past week ( against 63 lh in the previous week) and the lead over year-ago period further narrowing to less than 4 per cent, the government is keeping a close watch on crop losses due to heavy rains.
 Source:  thehindubusinessline.com
Aug 20, 2025 News Image India, US negotiating agreement to liberalise trade in goods, non-sensitive agri products: Minister.
India and the US are negotiating a multi-sector bilateral trade agreement and as a part of the negotiations, both sides are discussing liberalisation of trade in goods, including non-sensitive agricultural products, Parliament was informed on Tuesday. The government is engaged with all relevant stakeholders including agriculture, farming experts, to assess the interests and requirements of India's rural economy, farmers and agricultural sector, Minister of State for Commerce and Industry Jitin Prasada said in a written reply to the Lok Sabha.
 Source:  economictimes.indiatimes.com
Aug 20, 2025 News Image $48.2 bln of India’s goods exports to US to be subject to 50% tariffs: Govt to Parliament.
It is estimated that around $48.2 billion of India’s merchandise export to the US will be subject to the US’ 50%, government told Lok Sabha Tuesday. Reciprocal tariff at the rate of 25% has been imposed on certain goods exported from India to the US starting from August 7, 2025. Further, additional ad valorem rate of duty of 25% with effect from August 27, has been imposed on certain goods exported from India.
 Source:  economictimes.indiatimes.com