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Jan 21, 2025 News Image Govt Projects 2.5% Rise in Tur, 20% Surge in Kharif Moong, and Stable Onion Production for 2024-25.
Government is actively monitoring the prices and availability of essential food commodities to ensure affordability for consumers and maintain stable prices. Encouraged by favorable weather conditions and a good monsoon, the production of key crops such as pulses and onions is estimated to rise in 2024-25 compared to the previous year. Tur production is projected to increase by 2.5% to 35.02 LMT, while Kharif Moong production is estimated at 13.83 LMT, a notable 20% growth from the previous year. Similarly, Kharif and Rabi onion sowing has shown positive trends, ensuring better supply in the coming months.
 Source:  krishijagran.com
Jan 21, 2025 News Image After 31 months, government partially lifts restriction on sugar export.
The government on Monday partially lifted the 'restriction' on export of sugar after almost 31 months by permitting mills to ship 10 lakh tonnes for the 2024-25 season ending Sept, a move that will support the industry. However, nearly two dozen sugar mills have been barred from exporting their stockas they had violated rules by selling excess sugar in the domestic market than their allotted monthly quantity.
 Source:  timesofindia.indiatimes.com
Jan 21, 2025 News Image Uzbekistan Strengthens Economic Ties with India: Investment, Trade, and Collaboration Opportunities.
World Trade Center Mumbai hosted H.E. Mr. Sardar Rustambaev, Ambassador of Uzbekistan to India to discuss emerging areas of economic cooperation between both the countries and strategies to deepen bilateral partnership across various sectors.
 Source:  lokmattimes.com
Jan 20, 2025 News Image Addressing market access issues, improving connectivity to boost India-New Zealand trade: GTRI.
India and New Zealand should address market access issues for goods, promote collaborations in key sectors, and work on improving connectivity with an aim to boost bilateral trade, which is just USD 1.5 billion, think tank GTRI said on Sunday. Both countries should set a target to double two-way trade within five years by identifying products for early tariff relief and organizing business delegations and roadshows in India, it said.
 Source:  economictimes.indiatimes.com
Jan 20, 2025 News Image Murmu virtually inaugurates key dairy & livestock initiatives in Odisha.
The President of India, Droupadi Murmu, virtually inaugurated a series of impactful initiatives in the dairy and livestock sector in Mayurbhanj district, Odisha. Spearheaded by the Department of Animal Husbandry and Dairying (DAHD) under the Ministry of Fisheries, Animal Husbandry and Dairying, these programmes aim to enhance rural livelihoods, improve livestock productivity and address critical nutritional challenges in the region.
 Source:  fnbnews.com
Jan 20, 2025 News Image ‘India poised to develop world’s shortest-duration mustard variety without losing yield’.
Mustard production this year may be lower, but productivity will not be lower than the previous year’s 1.44 tonne per hectare, said P K Rai, Director of the Bharatpur-based Indian Institute of Rapeseed-Mustard Research. He also said that ICAR is in the process of developing short-duration varieties to combat the impact of climate change without compromising on yield. If that happens, it will probably be the world’s shortest duration variety with a high yield.
 Source:  thehindubusinessline.com
Jan 20, 2025 News Image Early Modi-Trump meet, Quad summit, trade, immigration, and tariffs on Jaishankar’s Washington agenda.
Ahead of his visit to Washington, External Affairs Minister S. Jaishankar said that the inauguration of U.S. President Donald Trump, which he will attend, could have 'profound consequences for the global order', spelling out some of the challenges and opportunities India could face over the next four years.
 Source:  thehindu.com
Jan 20, 2025 News Image India not seeking duty concessions on liquor, cigarette in FTA with Oman: Sources.
India is not seeking customs duty concessions on over 100 product categories such as liquor, and cigarette in the proposed free trade agreement (FTA), which is under negotiations between the two countries, sources said. They also said that though the FTA negotiations were concluded, Oman has sought revision of its market access offers on some products.
 Source:  economictimes.indiatimes.com
Jan 20, 2025 News Image India set to allow 1 million tons of sugar exports this year.
India is set to allow exports of 1 million metric tons of sugar during the current season, government and industry sources said, to help mills export surplus stocks from the world's second biggest producer of the sweetener and help prop up local prices. The permission to let mills sell 1 million tons of sugar on the world market could put further downward pressure on global sugar prices .
 Source:  economictimes.indiatimes.com
Jan 20, 2025 News Image Bangladesh: Govt bends import rule to tame rice market.
The government rightly anticipated a flood-induced crop loss during the last Aman season. To stabilize a volatile rice market, the food ministry, however, largely relied on private imports of rice instead of expediting its own drive to import rice on time to replenish the rapidly dwindling rice stock in public granaries.
 Source:  dhakatribune.com