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Jan 13, 2025 News Image Govt sets wheat procurement target at 30 MT for 2025-26 season.
The government has set a conservative wheat procurement target of 30 million tonnes for the 2025-26 rabi marketing season, sources said. The lower procurement target comes despite the Agriculture Ministry aiming for a record wheat production of 115 million tonnes in the 2024-25 crop year (July-June).
 Source:  economictimes.indiatimes.com
Jan 10, 2025 News Image Ties frosty but Bangladesh to buy 50,000 tonnes of rice from India.
The Bangladesh interim government has approved import of 50,000 tonnes of non-basmati parboiled rice from India to meet the domestic demand, a decision which demonstrates that the trade relationship between the two neighbours remains uninterrupted despite the recent chill in diplomatic ties. The proposal on rice import was approved by the committee on govt purchase on Tuesday and a private Indian company will supply it to Bangladesh as the lowest bidder, according to sources. Importing 50,000 tonnes of rice at a price of $ 458.84 per tonne will cost $ 22,942,000 (around Rs 197 crore or Tk 280 crore).
 Source:  timesofindia.indiatimes.com
Jan 10, 2025 News Image 2nd shipment of 27,000 tons of rice from India to reach Bangladesh.
Amid harvest season, the rice prices have continued to rise, contrary to the expectations of the interim government. To control the prices, the authorities have decided to import 50,000 tonnes of non-basmati parboiled rice from India. The first shipment, which included 24,690 tonnes of parboiled rice from India, arrived at Chattogram Port on December 26. Earlier, the cabinet committee on economic affairs of Bangladesh approved a policy proposal to import 600,000 tonnes of rice from foreign sources in fiscal year 2024-25, on national emergencies and public interest.
 Source:  theindianawaaz.com
Jan 10, 2025 News Image Huge opportunities to increase share in global agri trade: APEDA chairman.
Indian exporters have huge opportunities to increase their share in the global agriculture trade from the current 2.4 per cent, a government official said on Wednesday. The global agriculture trade is about $2 trillion. Agricultural and Processed Food Products Export Development Authority (APEDA) Chairman Abhishek Dev said that given these numbers, 'huge opportunities' are there to increase exports from the country.
 Source:  business-standard.com
Jan 10, 2025 News Image India and USA Discuss Strengthening Agricultural Collaboration: Climate-Smart Practices, Innovation, and Investment Take Center Stage.
Dr. Devesh Chaturvedi, Secretary, Ministry of Agriculture and Farmers Welfare (MoA&FW), hosted a high-level meeting with a delegation from the National Association of State Departments of Agriculture (NASDA), USA, at Krishi Bhawan. The dialogue aimed to deepen collaboration between the two nations in advancing agricultural innovation, sustainability, and productivity.
 Source:  devdiscourse.com
Jan 10, 2025 News Image Security concerns to trade via Chabahar: India and Taliban hold first top-level talks.
In the first high-level bilateral engagement with the Taliban regime, Foreign Secretary Vikram Misri met Afghanistan acting Foreign Minister Amir Khan Muttaqi in Dubai Wednesday. So far, an Indian official, at the level of Joint Secretary, had been meeting Taliban ministers, including Muttaqi, and Defence Minister Mohammad Yaqoob. But Misri’s meeting is an upgrade, signalling high-level official engagement from the Indian government.
 Source:  indianexpress.com
Jan 10, 2025 News Image Processed food key to India's development: Paswan.
The Union Minister of Food Processing Industries, Chirag Paswan inaugurated the 8th edition of Indusfood 2025, at Expo Centre, Greater Noida. Baba Ramdev was the guest of honour. Mohit Singla, chairman TPCI, Abhishek Dev, chairman APEDA, Aashish Agrawal, MD, Bikharam Chandmal, Aakash Shah, director, Everest Food Products along with the distinguished guests, industry leaders, and buyers from all over the world were present during the inauguration.
 Source:  fnbnews.com
Jan 10, 2025 News Image Indusfood 2025: Global showcase of India’s food economy.
Since its inception in 2017, Indusfood has become a significant platform showcasing India’s dynamic food economy while connecting global businesses with the nation’s expanding food and beverage sector. The 8th edition of Indusfood, Asia’s premier Food and Beverage (F&B) Trade Show, was inaugurated by Chirag Paswan, Union Minister of Food Processing Industries, on January 8, 2025 at the India Exposition Mart Ltd., in Greater Noida, Gautam Budh Nagar. The event is scheduled to continue until January 10.
 Source:  fnbnews.com
Jan 10, 2025 News Image Indian mission officials of 20 nations asked to work on specific market opportunities to boost exports.
The commerce ministry has asked the commercial wings of Indian Missions of 20 countries to specifically identify market opportunities in six goods and services to promote India's exports, an official said on Thursday. Ways to increase the exports were discussed during a three-day meet, concluded on January 8, between senior officials from the ministry and commercial wings of Indian Missions. The official said the missions were asked to market opportunities in these six sectors, competitors and specific companies.
 Source:  economictimes.indiatimes.com
Jan 10, 2025 News Image India organic products' exports have potential to reach Rs 20,000 cr in 3 years: Piyush Goyal.
The country's organic products' exports have the potential to jump over three-fold to Rs 20,000 crore in the next three years, Commerce and Industry Minister Piyush Goyal said on Thursday. He said this while releasing the eighth edition of the National Programme for Organic Production (NPOP) with new regulations aimed at enhancing clarity and transparency in organic product standards as well as aligning with global standards.
 Source:  economictimes.indiatimes.com