29 Oct, 2024 J&K Govt sets export target of Rs 10,000 cr in next 5 yrs. Government of the Union Territory of Jammu and Kashmir has set export target of Rs 10,000 crore in next five years by leveraging both the core and emerging areas of exports and through effective institutional mechanism, conducive strategies, trade infrastructure and marketing assistance. Source: dailyexcelsior.com
29 Oct, 2024 Cold-defying sorghum to transform farming in Kashmir. In a groundbreaking development, the frigid terrains of Jammu and Kashmir are set to welcome a new crop in 2025 - sorghum, which is predominantly a dryland crop. This hardy, drought-resistant crop, traditionally grown in warmer climates, has been successfully adapted to the region’s cold temperatures, marking a significant agricultural breakthrough. Source: thehindubusinessline.com
29 Oct, 2024 West African rice market adjusts to price drops after India ends export duty. West African rice buyers are adjusting to India's recent removal of its 10% export duty on parboiled rice, which has contributed to price drops in the region. Source: spglobal.com
29 Oct, 2024 Centre launches mobile app for grievance redressal of rice millers. Food Minister Pralhad Joshi on Monday launched a mobile application — FCI Grievance Redressal System (FCI GRS) — for rice millers, which is one more step in enhancing transparency and accountability as per the stakeholders’ satisfaction. Source: thehindubusinessline.com
28 Oct, 2024 Govt initiative to bring sweet deals for UP mango growers. Mango growers in Uttar Pradesh are poised to receive higher prices for their produce thanks to a new initiative from the central govt. A pilot project is currently underway to enhance the export of 20 selected fruits and vegetables, including mangoes, via sea routes, which could potentially open up lucrative international markets for these farmers. Source: timesofindia.indiatimes.com
28 Oct, 2024 Poultry industry set for recovery in current fiscal on softening input prices, demand. The Indian poultry industry, which faced challenges in the past couple of years due to volatile market conditions is set for recovery in the current fiscal with prices of inputs such as maize and soyabean stabilising aided by demand growth, according to a report. Source: thehindubusinessline.com
28 Oct, 2024 Govt's role to enable conditions to boost exports: WB industry secretary. The West Bengal government on Friday said its export and logistics policies will strengthen the state's export sector, which currently generates approximately USD 11.7 billion in merchandise exports. Source: business-standard.com
28 Oct, 2024 Maharashtra, Rajasthan, Gujarat lead the millet march, others lag behind. Maharashtra leads the way in millet consumption in the country with a per capita consumption of 39 kg per month, followed by Rajasthan (33 kg), Gujarat (17 kg), Karnataka (13.5 kg) and Tamil Nadu with 11.4 kg. Source: thehindubusinessline.com
28 Oct, 2024 SBI and India Exim Bank filling trade financing gap in Africa. The State Bank of India and the India Exim Bank are helping businesses in African countries to fill the gap in trade finance, the South African heads of the two organisations told the India Entrepreneurs Forum (IEF) here. The event was initiated by Consul General of India Mahesh Kumar who said it is the first of a series of ongoing engagements with the IEF. Source: economictimes.indiatimes.com
28 Oct, 2024 No free trade pact if EU insists on opening up dairy biz: Piyush Goyal. There will be no free trade agreement with the European Union if the bloc insists on India opening up its dairy sector, commerce and industry minister Piyush Goyal said Friday. Source: economictimes.indiatimes.com