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Aug 01, 2025 US tariffs a temporary hurdle for rice exports, India retains price advantage, says IREF. A rice exporters' body on Thursday termed the 25 per cent US tariff from August 1 as a temporary 'hurdle' for rice shipments and stated that India still retains a pricing advantage over competitors like Vietnam and Pakistan. US President Donald Trump has announced the imposition of a 25 per cent tariff on all goods coming from India starting August 1, plus an unspecified penalty for buying Russian crude oil and military equipment. Source: economictimes.indiatimes.com
Aug 01, 2025 India is the fastest-growing economy and will soon be third largest: Piyush Goyal counters Donald Trump's 'dead economy' jibe. During the Parliament Monsoon Session, Union Minister Piyush Goyal while responding to Trump tariffs said that India will soon become the third largest in the world in terms of GDP size and is currently the world's fastest growing major economy. In what appeared to be a response to US President Donald Trump's jibe that India is a 'dead economy', Goyal highlighted that the Indian economy will soon become the third largest in the world in terms of GDP size and is currently the world's fastest growing major economy. He also said that in a span of few years India has gone from being the world's 11th largest to the 5th largest. Source: economictimes.indiatimes.com
Aug 01, 2025 Sugar output expected to rise 18% in FY26. India's sugar production is expected to increase by 18% in the 2025-26 sugar season that begins in October, said a leading trade body. The higher production will likely ease the supply tightness in the ongoing year due to lower production and help keep prices in check during the festival season, said industry experts. Industry body Indian Sugar Mills Association (ISMA) has pegged India's 2025-26 sugar production to jump to 349 lakh tonnes in its preliminary estimate released Thursday against last season's 295 lakh tonnes. Source: economictimes.indiatimes.com
Jul 31, 2025 Rice exporters may have a windfall as Bangladesh floats tender. Bangladesh’s decision to float a tender for import of about 0.9 million tonne (MT) of rice on August 7 has pushed up the prices of non-basmati rice varieties in India. India, with over 40% share in rice exports market, is expected to get a major share of rice export order because of its price competitiveness and freight advantage. Source: financialexpress.com
Jul 31, 2025 States advance PM Ekta Mall projects to promote ODOP & GI products; UP, MP, Assam, Tamil Nadu, Bihar among top funded. As many as 27 states—all except West Bengal—have received central approval to set up PM Ekta Malls for showcasing and selling indigenous products under the 'One District, One Product' (ODOP) initiative. The Union government cleared projects worth nearly Rs.4,796 crore in fiscal year 2023-24 under the scheme, official data shows. Source: livemint.com
Jul 31, 2025 CM Yogi Adityanath Launches Youth Conclave, Highlights UP’s Shift from Chinese Goods to ODOP Success. Uttar Pradesh Chief Minister Mr. Yogi Adityanath on Wednesday strongly emphasized the transformation of the state’s entrepreneurial ecosystem, declaring that products under the One District One Product (ODOP) initiative are now outpacing Chinese goods in the local market. Addressing the Youth Conclave 2025 at Indira Gandhi Pratishthan, Lucknow, the Chief Minister recalled that before 2017, Chinese goods dominated festival markets, but that trend has reversed due to policy interventions focused on self-reliance and local enterprise. Source: indianmasterminds.com
Jul 31, 2025 Centre responds to Donald Trump’s 25% tariff announcement: ‘Our national interest’. The Centre on Wednesday said it has taken note of US President Donald Trump’s announcement that India would face a 25 per cent tariff on certain exports starting August 1, and is studying its 'implications'. 'India and the US have been engaged in negotiations on concluding a fair, balanced, and mutually beneficial bilateral trade agreement over the last few months. We remain committed to that objective,' the Ministry of Commerce and Industry said in a statement. Source: hindustantimes.com
Jul 31, 2025 APEDA to open regional office in Raipur 'boost for agri export growth' says govt. The Union Ministry of Commerce and Industry has approved setting up the regional office of APEDA in Raipur, the Chhattisgarh government said on Wednesday. Welcoming the development, the government stated that farmers and producers will get access to a wide range of export-related services under one roof of the Agricultural and Processed Food Products Export Development Authority (APEDA). Source: theweek.in
Jul 31, 2025 Arunachal emerges India’s Kiwi capital; CM announces new horticulture policy. Arunachal Pradesh Chief Minister Pema Khandu, on Julyu 30, announced several major milestones that have placed the state among the top producers of kiwi, mandarin oranges, and large cardamom in the country. The chief minister also hailed the transformational growth of the state’s horticulture sector, and unveiled the state's long-term vision for agriculture through the Horticulture Policy 2025–35. Source: indiatodayne.in
Jul 31, 2025 Union agriculture minister Shri Shivraj Singh chairs a high-level meeting to review preparations. The next installment of the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme will be released on August 2. A high-level meeting was held today under the chairmanship of Union Minister of Agriculture and Farmers’ Welfare and Rural Development, Shri Shivraj Singh Chouhan, to review the preparations for the event, which will be led by Prime Minister Shri Narendra Modi in Varanasi, and to ensure that the benefit reaches the maximum number of farmers. Directors, Vice Chancellors, and heads of 731 Krishi Vigyan Kendras (KVKs) across the country, the Indian Council of Agricultural Research (ICAR), and agricultural universities virtually attended today’s meeting. Source: pib.gov.in
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