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Feb 14, 2025 News Image Indian Standards should be accorded top priority: Centre.
Implementation of Indian Standards should be accorded top priority, said Smt. Nidhi Khare, Secretary, Department of Consumer Affairs, Government of India while chairing an inter-ministerial meeting on Implementation of Standards - Bringing more products under Quality Control Orders (QCOs) in New Delhi. The Secretary emphasized on the role of QCOs in achieving the aim of 'Atma Nirbhar Bharat" considering its twin objectives of uplifting quality ecosystem in domestic market and curbing sub-standard imports. Referring to the speech by Hon’ble Prime Minister on 78th Independence Day, wherein a thrust on Indian Standards has been envisioned to make Indian products stand out in the global market, she appealed to all the Ministries to prioritise Indian Standards.
 Source:  pib.gov.in
Feb 14, 2025 News Image Bengal Bizmen Eye More Export & Trade Avenues With Russia.
With India emerging as Russia's fourth-largest business partner, with bilateral trade between the two countries reaching USD 65.7 billion in FY 2023-24, biz entrepreneurs from Bengal are eyeing new opportunities for trade and investment in various sectors. On Thursday, about 50 business entrepreneurs — who attended an interactive session at the Merchant Chamber of Commerce and Industry — gave Maxim V Kozlov, the consul general of Russia in Kolkata, a proposal to boost export of shrimps, fruits, machinery tools and software from Bengal.
 Source:  timesofindia.indiatimes.com
Feb 14, 2025 News Image Cold Storage and Supply Chain Infrastructure Under PMKSY.
The Ministry of Food Processing Industries (MoFPI) has been implementing Central Sector Umbrella Scheme - PMKSY since 2016-17 to create post-harvest infrastructure and processing facilities to boost the overall development of the food processing sector including reduction in post-harvest losses. The component schemes under PMKSY provide credit linked financial assistance (capital subsidy) in the form of grants-in-aid to entrepreneurs for setting up of food processing/preservation infrastructure which, inter-alia, includes cold storages and refrigerated vehicles to minimize post-harvest losses.
 Source:  pib.gov.in
Feb 14, 2025 News Image Trump warns BRICS nations could face 100% tariffs.
U.S. President Donald Trump said on Thursday that BRICS nations could face 100% tariffs from the United States 'if they want to play games with the dollar.' 'If any trading gets through, it'll be 100% tariff, at least,' he said in response to a question about the BRICS nations - Brazil, Russia, India and China - setting up their own currency.
 Source:  m.economictimes.com
Feb 14, 2025 News Image Govt not to extend duty-free import of yellow peas beyond Feb: Joshi.
The government will not extend duty-free import of yellow peas beyond February, Food and Consumer Affairs Minister Pralhad Joshi said on Thursday. The matter will be discussed in a Group of Ministers (GoM) meeting headed by Union Minister Amit Shah scheduled on Thursday.
 Source:  economictimes.indiatimes.com
Feb 14, 2025 News Image Macron pitches new trade route with India, defying Beijing.
All eyes earlier this week were on the AI Action Summit in Paris, co-chaired by Macron and Modi – but technology wasn't the only topic on both men's agendas. Paris has long sought to establish some form of independence from the global superpowers of the US and China, favouring ties with India’s Modi – it is his sixth visit to France in ten years.
 Source:  euractiv.com
Feb 14, 2025 News Image Support for Farmers to Reduce Post-Harvest Losses and Enhance Cold Chain Infrastructure.
Ministry of Food Processing Industries (MOFPI) is implementing a central sector umbrella scheme Pradhan Mantri Kisan Sampada Yojana (PMKSY). Under component schemes of PMKSY, Ministry provides financial assistance up to ₹15 crore, @ 35% of eligible project cost for projects in general areas & @50% of eligible project cost for projects in Difficult Areas as well as for projects of SC/ST, FPOs & SHG, for setting up food processing industries.
 Source:  pib.gov.in
Feb 14, 2025 News Image Switzerland's MFN clause adjustment won't impact India-Swiss trade relations: Swiss Official.
Switzerland's decision to adapt the Most Favored Nation (MFN) clause in its double taxation agreement with India will not impact bilateral financial and economic relations, according to Alexandra Fasel, State Secretary at the Swiss Federal Ministry of Foreign Affairs.
 Source:  tribuneindia.com
Feb 13, 2025 News Image Government approves implementation of transportation component of Market Intervention Scheme for Tomato through NCCF.
In view of the falling prices of tomato in Madhya Pradesh, Maharashtra and other major producing states, Government of India has taken decision to implement the transportation component of Market Intervention Scheme (MIS). Under this scheme where there is a difference in the price of TOP crops (tomato, onion and potato) between the producing and consuming States, the operational cost incurred in storage and transportation of crops from the producing State to other consuming States will be reimbursed to Central Nodal Agencies (CNA) like NAFED and NCCF, in the interest of farmers of producing states.
 Source:  pib.gov.in
Feb 13, 2025 News Image Philippines: India eyes strong agri-food trade ties with Cebu.
Following the successful run of its business-to-business (B2B) sessions in Manila, a delegation of 21 export-oriented Indian companies from the agriculture and food processing sectors engaged with members of the Cebu Chamber of Commerce and Industry (CCCI) on Wednesday, Feb. 12, 2025, to strengthen business ties and explore trade opportunities.
 Source:  sunstar.com.ph