22 Aug, 2025
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1.44 Lakh Micro Food Units Supported under PMFME to Boost India’s Food Processing Sector.
In order to promote and ensure overall development of Food Processing Industries, Ministry of Food Processing Industries (MoFPI) has been incentivizing setting up/expansion of related infrastructure through its two Central Sector Schemes namely Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) and Production Linked Incentive Scheme for Food Processing Industry (PLISFPI). MoFPI is also implementing a Centrally sponsored scheme namely PM Formalization of Micro Food Processing Enterprises (PMFME) scheme for providing financial, technical and business support for upgradation/ setting up of micro food processing enterprises.
Source: pib.gov.in
22 Aug, 2025
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Together we can open new chapter of dragon-elephant tango: Chinese envoy on Sino-India ties at Delhi event.
Amid changing relations between two neighbours, Chinese ambassador to India Xu Feihong announced that China welcomes all Indian commodities to enter its market. '...We welcome all Indian commodities to enter the Chinese market...' said China's ambassador to India, Xu Feihong. '..We are willing to work with India to enhance development of our strategies and enlarge the cake of cooperation.
Source: economictimes.indiatimes.com
22 Aug, 2025
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Goods exports to China rise 20% to $5.8 billion during April-July.
India's goods exports to China in the first four months of FY26 rose 20% year on year at $5.76 billion, or about Rs. 50,112 crore, with each month recording higher shipment than a year earlier, official data showed. India posted the highest exports at $1.63 billion in May, up from $1.32 billion in the corresponding month in 2024.
Source: economictimes.indiatimes.com
22 Aug, 2025
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Shivraj Singh Chouhan urges officers of agri, rural development ministries to buy ‘Swadeshi’ goods.
Agriculture and rural development minister Shivraj Singh Chouhan on Thursday exhorted officers of both the ministries to shun imported products and try to buy, as much as possible, goods produced in the country. Such a step will motivate many others to stick to Swadeshi products and help improve Indian economy, he added. The minister urged all employees and officers to adopt the Prime Minister’s call for using indigenous products, pledging maximum use of ‘Swadeshi’ to generate employment for the needy and strengthen the economy, the agriculture ministry said in a statement.
Source: thehindubusinessline.com
22 Aug, 2025
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FCI procures 2,442 metric tonne of Ragi in Odisha.
The Food Corporation of India (FCI) has for the first time procured 2,642 metric tonne of finger millet, also known as Ragi, in Odisha this year, officials said. The FCI procured the millets for the central pool to be distributed through the public distribution system.
Source: thehindubusinessline.com
22 Aug, 2025
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Union Agri Minister Chouhan to visit Karnataka to review arecanut sector.
The Union Minister for Agriculture and Farmers’ Welfare, Shivraj Singh Chouhan, has said that he would personally visit Karnataka, along with a team of scientists and experts, to review the situation on the ground and formulate a roadmap for the development of arecanut cultivation in the state. Chairing a high-level meeting on arecanut development in New Delhi on Thursday, he said arecanut is an important commercial crop that holds a significant place in India’s religious, social and cultural practices. Due to the presence of various alkaloids, it is also used in Ayurvedic and veterinary medicines.
Source: thehindubusinessline.com
22 Aug, 2025
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India snaps up steeply discounted palm oil from Colombia and Guatemala.
Indian importers for the first time bought palm oil from Colombia and Guatemala as producers sitting on surplus stocks offered cargoes at steep discounts, four trade sources with direct knowledge of the matter said. Indonesia and Malaysia dominate global palm oil supplies and are the main suppliers to India, which imported 9 million tons of palm oil in 2023/24. Colombia and Guatemala, the fourth- and sixth-largest producers of palm oil, usually export their surplus stocks to Europe and North America.
Source: economictimes.indiatimes.com
22 Aug, 2025
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India, Russia agree to boost trade ties after foreign ministers meet in Moscow.
India and Russia agreed to boost trade ties on Thursday as their foreign ministers met in Moscow, giving little indication that U.S. President Donald Trump's hefty tariffs on India for buying Russian oil would disrupt their relations. Indian goods face additional U.S. tariffs of up to 50%, among the highest imposed by Washington, due to New Delhi's increased purchases of Russian oil.
Source: reuters.com
22 Aug, 2025
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GI tagged non-Basmati rice needs branding push.
Though India is home to more a than a lakh of paddy accessions, as per the National Bureau of Plant Genetic Resources in June 2025, only 31 rice varieties including Basmati are registered as Geographical Indications (GI). GI tag provides collective yet monopoly rights to farmers belonging to a specific region who have nurtured the cultivation of the paddy over a period of time.
Source: thehindubusinessline.com
22 Aug, 2025
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'Jammu and Kashmir field reports point to a moderate-to-good apple crop'.
According to Shah, there's been a shift in cultivation towards Gala varieties, among other options. 'Looking at dominant varieties, the Delicious group, consisting of Red, Royal, and improved strains, remains a large base in Kashmir. There is a rapid shift to early coloring, high-return cultivars, such as Gala strains, Red Velox, Jeromine, Super Chief, and Scarlet Spur on M9 rootstock. This shift has to do with an earlier harvest, better color uniformity, and higher pack-outs.'
Source: freshplaza.com