India Poised for Record Growth in Pulse Production by 2034: OECD-FAO Outlook
India’s growing pulse output is attributed to proactive government initiatives, including the promotion of high-yielding hybrid seed varieties, increased mechanization, and better price assurance through the Minimum Support Price (MSP) mechanism. While procurement programmes for pulses remain less extensive compared to wheat and rice, both the Central and select state governments continue to scale up procurement operations for pulses.
Source: https://www.global-agriculture.com/
US and EU close in on 15% tariff deal: Report
The EU and US are closing in on a trade deal that would impose 15 per cent tariffs on European imports, which could be similar to the agreement made with Japan, reported the Finance Times. As per the FT report, Brussels could agree to the so-called reciprocal levies to avoid the US President’s threat to raise them to 30 per cent from August 1.
Source: https://economictimes.indiatimes.com
Maize acreage up 15% till July 21, seen heading for a new high as farmers expand area.
As more farmers eye maize crop, the planting of the coarse cereal crop has seen an increase of 15 per cent across the country till the third week of July. Per the Agriculture Ministry data as of July 21, maize has been planted on nearly 71.21 lakh hectares (lh) this year compared to 61.73 lakh hectares during the same period last year.
Source: thehindubusinessline.com
India, US BTA not signed yet, 5 rounds of talks held: Govt to Parliament.
India and US are negotiating a Bilateral Trade Agreement (BTA) which has not been signed as yet and five rounds of negotiations have been held till now, the government informed Parliament on Tuesday. The BTA negotiations were launched in March 2025.
Source: economictimes.indiatimes.com
Cold Storage Facilities for Perishable Crops.
Government is implementing various schemes under which financial assistance is available for setting up of cold storage for perishable horticultural produce throughout the country. Department of Agriculture & Farmers Welfare is implementing Mission for Integrated Development of Horticulture (MIDH) under which financial assistance is provided for various horticulture activities including Construction/Expansion/ Modernization of cold storages of capacity up to 5000 MT in the country on the basis of Annual Action Plan (AAP) received from States/UTs. The component of Cold Storage is demand/entrepreneur driven for which Government assistance in the form of credit linked back ended subsidy is available at the rate of 35% of the project cost in general areas and 50% of the project cost in North Eastern & hilly States and scheduled areas through respective State Horticulture Missions.
Source: pib.gov.in
Initiatives to Promote Organic and Climate Smart Farming.
Organic farming is being promoted through Paramparagat Krishi Vikas Yojana (PKVY) in all the States/UTs except North Eastern States and Mission Organic Value Chain Development for North Eastern Region (MOVCDNER) for the North Eastern States. Both schemes stress on end-to-end support to farmers engaged in organic farming i.e. from production to processing, certification and marketing. Primary focus of the schemes is to form organic clusters, with preference to small and marginal farmers, to create a supply chain. Both schemes are also promoting natural resource based integrated and climate resilient sustainable farming systems, natural resource conservation and on-farm nutrient recycling. Both the schemes are implemented through States /UT Governments.
Source: pib.gov.in
Cabinet approves India-UK free trade agreement: Sources.
The cabinet on Tuesday approved the free trade agreement between India and the UK, which will be signed in London on July 24, sources said. The pact, officially called as comprehensive economic and trade agreement, will be signed during Prime Minister Narendra Modi's visit to London.
Source: economictimes.indiatimes.com
Maharashtra govt brings new scheme with Rs 25,000 crore outlay to boost agri sector.
The Maharashtra Government on Tuesday announced a new scheme aimed at empowering farmers and promoting climate-resilient, sustainable, and cost-effective farming practices. The 'Krishi Samruddhi' scheme will be implemented by the agriculture department over the next five years with a cumulative outlay of Rs 25,000 crore.
Source: economictimes.indiatimes.com
India submits ratification document of TEPA with European Free Trade Association.
India on Tuesday submitted the ratification document of the free trade agreement with the four-European nation bloc EFTA to Norway. The pact, officially dubbed as Trade and Economic Partnership Agreement (TEPA), will be implemented from October 1, Commerce and Industry Minister Piyush Goyal has said on Saturday.
Source: economictimes.indiatimes.com
GI tag sought for Ramanathapuram's Mugavai Kuliyadichan red rice.
The Tamil Nadu State Council for Science and Technology (TNSCST), an autonomous organisation under the state higher education department, has filed an application with the Geographical Indications Registry, seeking geographical indication (GI) tag for Mugavai Kuliyadichan Sivappu Arisi (Mugavai Kuliyadichan Red Rice). The GI tag is expected to promote the rice variety, boost its market value, and preserve its unique identity.
Source: newindianexpress.com