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Mar 13, 2025
Resumption of broken rice exports to ease Punjab’s storage woes.
The Director General of Foreign Trade’s (DGFT) recent decision to allow the export of broken rice is seen as a vital step in tackling the storage issues plaguing producer states, including Punjab. DGFT, the licencing authority for exporters, importers and export and import businesses in India, in a notification on 7 March amended the export policy of broken rice from ‘prohibited’ to ‘free’ with immediate effect. The restriction had been in place since September 2022.
Source:
hindustantimes.com
Mar 12, 2025
To get past US tariffs, India to take FTA route; increased market access, lower duties on cards.
As India and the US negotiate a trade pact, both sides will focus on increasing market access, reducing import duty and non-tariff barriers apart from enhancing supply chain integration, the government informed Parliament on Tuesday.
Source:
economictimes.indiatimes.com
Mar 12, 2025
APEDA Showcases India's Organic Excellence at Natural Products Expo West 2025.
The Agricultural and Processed Food Products Export Development Authority (APEDA) showcased India's rich agricultural heritage and growing organic sector at the Natural Products Expo West 2025, held from March 4 to 7, 2025, at the Anaheim Convention Centre, California, USA. To enhance India’s global presence in the organic market, APEDA facilitated the participation of 13 leading Indian exporters, representing a diverse range of organic products, including rice, oilseeds, herbs, spices, pulses, nuts, ginger, turmeric, large cardamom, cinnamon, mango puree, and essential oils. The curated display underscored India’s agricultural strength and commitment to sustainability, quality, and international standards.
Source:
pib.gov.in
Mar 12, 2025
APEDA Showcases India’s Agricultural and Processed Food Excellence at the 39th Edition of AAHAR 2025.
The Agricultural and Processed Food Products Export Development Authority (APEDA) showcased India’s agricultural and processed food excellence at the 39th edition of AAHAR 2025, organized by the India Trade Promotion Organization (ITPO) from 4th to 8th March 2025 at Bharat Mandapam, New Delhi. The event marked a significant milestone in highlighting India's prowess in the agriculture and food processing sector.
Source:
pib.gov.in
Mar 12, 2025
Kazakhstan, India Strengthen Ties via North-South Transport Corridor.
Kazakh and Indian experts discussed trade relations and the role of the International North-South Transport Corridor (INSTC) in boosting economic ties during a special event on March 11 at Maqsut Narikbayev University. The discussion highlighted the importance of cooperation and the route’s potential to drive the region’s economic growth. Participants noted that the INSTC offers advantages beyond increased cargo transportation and reduced travel time. It also enhances supply chain efficiency for assembly plants, attracts skilled professionals, and facilitates the introduction of advanced technologies in digitalization and logistics infrastructure.
Source:
astanatimes.com
Mar 12, 2025
Govt considering incentives for exporters amid global uncertainty, source says.
India is considering new incentives for its exporters amid global trade uncertainty and the potential impact of tariffs threatened by the Donald Trump administration on shipments to the United States, a government official said on Tuesday. Pressure on Indian exporters is mounting due to aggressive policies being pursued by trade partners like the U.S. and the European Union.
Source:
economictimes.indiatimes.com
Mar 12, 2025
Govt ready to include farmers in PM Kisan Samman Nidhi who are not part of it yet: Agri minister.
The government is ready to provide Rs 6,000 annual cash benefit under the PM Kisan Samman Nidhi to all eligible farmers who are not part of it yet, Union Agriculture Minister Shivraj Singh Chouhan said in the Lok Sabha on Tuesday. He asked all state governments to cooperate with the Centre in identifying such farmers and ensuring their inclusion in the scheme.
Source:
economictimes.indiatimes.com
Mar 12, 2025
US was among top 10 importers in half of the 118 countries that exported dairy products in 2023.
Besides steel and aluminium, which are bound to face higher tariffs for imports to the US from March 12, another flashpoint for US President Donald Trump is the dairy trade. A Moneycontrol analysis shows that US action on the front is expected to hurt most countries, including India, as the North American nation accounts for nearly 4 percent of global dairy imports and over 6 percent of exports.
Source:
moneycontrol.com
Mar 12, 2025
India imposing 150 pc tariff on American alcohol, 100 pc tariff on agriculture goods: White House.
White House Press Secretary Karoline Leavitt, while lamenting the tariffs imposed by various nations on the United States, referred to the tariffs imposed by India on American alcohol and agricultural products. While addressing a press briefing on Tuesday (local time), she said that US President Donald Trump believes in reciprocity and wants to have fair and balanced trade practices.
Source:
newindianexpress.com
Mar 12, 2025
India, US plan to negotiate trade pact, increase market access, cut duties: Govt to Parliament.
India and the US are planning to negotiate a trade agreement and both countries will focus on increasing market access, reducing import duty and non-tariff barriers, and enhancing supply chain integration, Parliament was informed on Tuesday. 'Both countries plan to negotiate a mutually beneficial, multi-sector Bilateral Trade Agreement,' said Minister of State for Commerce and Industry Jitin Prasada in a written reply to the Lok Sabha, adding that as on date, reciprocal tariffs have not been imposed by the US on India.
Source:
economictimes.indiatimes.com
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