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Mar 24, 2025 News Image India's District Agriculture Office announced plans to expand banana cultivation.
The District Agriculture Office in India plans to expand the banana cultivation in Pune, a banana-producing region in India, to 3,000 hectares. This increase is part of the country's agriculture office's plan to increase the annual banana production to 2 lakh tons in the next five years and increase exports. Currently, Pune has a little over 600 hectares of banana plantations.
 Source:  freshfruitportal.com
Mar 24, 2025 News Image Haryana: CM announces sops for horticulture farmers.
Chief Minister Nayab Singh Saini has announced several sops for horticulture farmers, including special markets and financial support. He emphasised the adoption of Israeli agricultural techniques and revealed plans to send young farmers to Israel for advanced training.
 Source:  tribuneindia.com
Mar 24, 2025 News Image Strong trade momentum for India in December quarter: Unctad.
India has seen strong goods and services trade momentum in the Dec quarter, a report by UN body Unctad has said but cautioned that global trade could be hit by the policy shifts in the US and trade and geopolitical tensions. Besides, it has pointed to high duties faced by developing countries, limiting market access for their goods. The agency's latest Global Trade Update said that exports from South Asia face among the highest tariffs, averaging around 4%, while imports to the region and Africa see the highest average levy of around 8%.
 Source:  timesofindia.indiatimes.com
Mar 24, 2025 News Image Several Nations, Including Belgium And Egypt Turn To India To Strengthen Trade Ties.
India’s economic stability and political strength are attracting several countries to enhance bilateral trade and investment relations. Over a dozen nations, both small and large, are keen to deepen their economic ties with the nation. At the same time, India is actively negotiating free trade agreements (FTAs) with major economies such as the European Union and the United Kingdom, according to officials.
 Source:  newsx.com
Mar 24, 2025 News Image First-ever export of Anthurium Flowers from Mizoram to Singapore, a fillip to India's Floriculture Potential.
In a significant step towards enhancing India’s floriculture export potential, particularly from the North Eastern Region (NER), the Agricultural and Processed Food Products Export Development Authority (APEDA), in collaboration with the Department of Horticulture, Government of Mizoram, successfully facilitated the flagging off of the first consignment of Anthurium flowers from Aizawl, Mizoram, to Singapore. The event, held in a hybrid (phygital) format, took place on February 26, 2025.
 Source:  pib.gov.in
Mar 24, 2025 News Image PLI scheme incentivizes domestic manufacturing, increases production, creates new jobs and boosts exports.
Keeping in view India's vision of becoming 'Atmanirbhar', Production Linked Incentive (PLI) Schemes for 14 key sectors are under implementation to enhance India's Manufacturing capabilities and Exports. The impact of PLI Schemes has been significant across various sectors in India. These schemes have incentivized domestic manufacturing, leading to increased production, job creation, and a boost in exports. They have also attracted significant investments from both domestic and foreign players.
 Source:  pib.gov.in
Mar 24, 2025 News Image APEDA Flags-off of Goli Pop Soda – India's Iconic Goli Soda for Global Markets.
The Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce & Industry, Government of India, proudly announced the global resurgence of the traditional Indian Goli Soda, rebranded as Goli Pop Soda. This iconic beverage, once a household staple, is making a remarkable comeback on the global stage, driven by its innovative reinvention and strategic international expansion.
 Source:  pib.gov.in
Mar 24, 2025 News Image Exports till February 5 from SEZs, EOUs eligible for RoDTEP scheme benefits.
Companies that have exported goods until February 5 this year from special economic zones (SEZs) and export-oriented units (EOUs) can claim benefits under the RoDTEP scheme, according to a notification. Earlier, the exporters were allowed to seek benefits under the scheme till December 31, 2024.
 Source:  economictimes.indiatimes.com
Mar 24, 2025 News Image India, US in talks to settle tariff-related issues: MEA.
India and the US are engaged in discussions to resolve tariff-related issues, with both nations working towards the framework for a bilateral trade agreement, external affairs ministry spokesperson Randhir Jaiswal said Friday. '...I would like to emphasise that both India and the US are in discussions about this matter,' Jaiswal said during a press briefing, signalling a possible breakthrough in ongoing negotiations.
 Source:  economictimes.indiatimes.com
Mar 24, 2025 News Image India removes 20% export duty on onions effective April 1.
The government has withdrawn the 20% duty on onion export, effective from April 1, 2025 thus removing all the restrictions on the export of this kitchen staple after 1.5 years. Starting from October 2023, the government had taken measures to check export by means of duty, minimum export price (MEP) and even to the extent of export prohibition for almost five months, from December 8, 2023 till May 3, 2024. The export duty of 20% which now stands removed has been in place from September 13, 2024.
 Source:  The government has withdrawn the 20% duty on onion export, effective from April 1, 2025 thus removing all the restrictions on the export of this kitchen staple after 1.5 years.