India top milk producer in the world: Animal Husbandry Minister.
India is the top producer of milk in the world and has set a target of producing 300 million metric tons (MMT) of milk in the next five years from the present 239 MMT, Union Minister of Animal Husbandry and Dairying Rajiv Ranjan Singh said in the Lok Sabha on Tuesday. Singh also said that ever since the Modi government has launched the Rashtriya Gokul Mission (RGM) in 2014, the milk production in the country has increased by 63.5 per cent and the government is hopeful of further increasing it by 15 per cent in next three years.
Source: economictimes.indiatimes.com
GM technology is like ‘playing with nature’, says Agri Minister.
Agriculture Minister Shivraj Singh Chouhan on Wednesday said that genetically modified technology is 'like playing with nature', even if it helps increase productivity. He also indicated that there may be a further hike in the import duty on edible oils.
Source: thehindubusinessline.com
Cambodia and India to firm up ties in trade, technology.
Cambodia and India yesterday agreed to enhance the existing collaboration in technology, trade, and investment as the two nations have enjoyed decades of diplomatic relations, with ongoing progress in multiple areas of collaboration. A consensus to the effect was agreed upon during a meeting between Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia (CDC), and Vanlalvawna Bawitlung, the Indian Ambassador to Cambodia.
Source: khmertimeskh.com
India eyes export boost to CIS as Black Sea tensions ease, seeks lower duties from South Korea.
Amid news reports of a proposed truce between Russia and Ukraine in the ongoing conflict in the Black Sea, sources within the government have indicated that a reduction in tensions may ease the transport of Indian exports to CIS countries. Apart from Russia, the Commonwealth of Independent States (CIS) comprises Kazakhstan, Uzbekistan, Turkmenistan, Kyrgyzstan, Tajikistan, Azerbaijan, Belarus, Armenia, and Moldova.
Source: cnbctv18.com
Canada, India Look to Reset Ties in Counter to Trump Duties.
Canada and India are taking steps to cool an escalation of diplomatic tensions that included harsh accusations and recriminations as both sides look to strengthen trade ties to counter US tariff threats.
Source: bloomberg.com
Afghanistan exported $500 million in goods to India despite Pakistani restrictions, official says.
Khan Jan Alokozai, a board member of the Afghanistan Chamber of Commerce and Investment, said the closure of transit routes through Pakistan had prompted Afghan exporters to seek alternative trade corridors. He noted that the majority of exports to India consisted of dried fruits — traditionally one of Afghanistan’s leading agricultural exports. 'Despite the challenges, we managed to export over $500 million in goods to India in the past year,' Alokozai said.
Source: amu.tv
Germany looking to expand trade ties with India.
Germany is looking to work with India on making cutting-edge defence equipment, recruiting skilled workers, expanding trade and green technologies. At a strategic level, the European nation intended to ramp up its military prowess in the wake of Russian aggression in Ukraine and work alongside New Delhi in the Indo-Pacific, said.
Source: tribuneindia.com
Government has undertaken comprehensive measures to boost exports and strengthen trade competitiveness: MoS Jitin Prasada in LS.
The Government has taken various proactive measures aimed at enhancing domestic capacities, boosting exports, diversifying supply chains, exploring alternate sources of imports and fostering economic resilience, the Minister of State for the Ministry of Commerce & Industry, Jitin Prasada, informed the Lok Sabha in a written reply on Tuesday. Quoted by the Ministry of Commerce & Industry in a release, the MoS informed the Parliament that the Foreign Trade Policy, effective from April 01, 2023 is designed to integrate India more effectively into the global market, improve trade competitiveness, and establish the country as a reliable and trusted trade partner.
Source: tribuneindia.com
India top milk producer in the world: Animal Husbandry Minister.
India is the top producer of milk in the world and has set a target of producing 300 million metric tons (MMT) of milk in the next five years from the present 239 MMT, Union Minister of Animal Husbandry and Dairying Rajiv Ranjan Singh said in the Lok Sabha on Tuesday. Singh also said that ever since the Modi government has launched the Rashtriya Gokul Mission (RGM) in 2014, the milk production in the country has increased by 63.5 per cent and the government is hopeful of further increasing it by 15 per cent in next three years.
Source: economictimes.indiatimes.com
Wheat stock limit expires on March 31; weekly stock disclosure begins from April 1.
The government has made it mandatory for the wheat industry and trade to declare weekly stock position on the portal starting April 1. The existing stock limit on wheat will expire on March 31. The Department of Consumer Affairs has said that to manage the overall food security and to prevent unscrupulous speculation, the Government of India has decided that traders, wholesalers, retailers, big chain retailers and processors have to declare their stock position of wheat on the portal from April 1 and then, on every Friday till further orders.
Source: economictimes.indiatimes.com