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Jul 29, 2025 News Image Indian economy has look and feel of 'steady as she goes' for FY26: Finance ministry.
Indian economy has the look and feel of 'steady as she goes' for the current fiscal, the finance ministry said on Monday even as it flagged slowing credit growth. In its monthly economic review, the ministry said the first quarter of fiscal 2025-26 (FY26) presents a picture of resilient domestic supply and demand fundamentals.
 Source:  economictimes.indiatimes.com
Jul 29, 2025 News Image India-UK Trade Deal: Govt to hold 1,000 outreach programmes.
The government will organise as many as 1,000 outreach programmes, including stakeholder meetings, workshops, awareness drives and feedback sessions, in the next 20 days across the country to sensitise industry and states on the India-UK comprehensive economic and trade agreement (CETA), which was signed on July 24. The exercise is aimed at ensuring effective implementation and maximising benefits from the pact.
 Source:  economictimes.indiatimes.com
Jul 29, 2025 News Image Cranberries, durians, other British farm products get duty concessions under India-UK trade pact.
India is giving duty concessions to niche British agricultural products like cranberries, durians, certain varieties of mushrooms, leeks, lettuce, and artichokes under its free trade agreement with the UK, according to the commerce ministry. These products have negligible production in India, the ministry said.
 Source:  economictimes.indiatimes.com
Jul 29, 2025 News Image Price of Gobindobhog rice doubles amid low supply & rising demand from South India, Middle East.
The price of Geographical Indication tagged Gobindobhog rice has doubled at the retail end in the last seven months as there has been a demand-supply mismatch. Demand has shot up from southern parts of the country and the Middle East, while there is a shortage in last year’s Kharif crop.
 Source:  economictimes.indiatimes.com
Jul 28, 2025 News Image Initiatives to Support FPOS and SHGS.
In order to promote and ensure overall development of Food Processing Industries, Ministry of Food Processing Industries (MoFPI) has been incentivizing setting up/expansion of related infrastructure through its Central Sector schemes namely Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) Scheme, Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) and Centrally Sponsored – Pradhan Mantri Formalization of Micro Food Processing Enterprises (PMFME) Scheme across the country.
 Source:  pib.gov.in
Jul 28, 2025 News Image Weather keeps Indian grape exporters cautiously optimistic.
Indian grape growers from Maharashtra, the country's primary grape-producing state, are navigating difficult weather conditions as they prepare for the next export season, says Sunil Shinde, Managing Director at Grape Master Farmer Producer Company based in Nashik. 'From early May to the end of June, which coincides with the backward or foundation pruning period, Nashik and adjoining regions saw continuous rainfall, disturbing critical fruit bud formation and photosynthesis processes,' Shinde explains. 'This has led to roughly 25-30% leaf damage due to diseases like downy mildew and anthracnose. The waterlogged conditions also delayed necessary spray treatments, as tractor access was limited,' he adds.
 Source:  freshplaza.com
Jul 28, 2025 News Image Banana imports to Kyrgyzstan reach record high in 2024.
Kyrgyzstan's banana imports hit an all-time high in 2024, totaling 37,100 tonnes worth $27.2 million, according to the National Statistical Committee. This represents a 30% increase from 2023 (28,500 tonnes, $18.65 million), and nearly double the 2020 pandemic low of 20,000 tonnes ($9.2 million). The steady growth in recent years reflects rising consumer demand and improved supply chains.
 Source:  freshplaza.com
Jul 28, 2025 News Image APEDA to set up office in Patna: Dy CM.
Deputy CM and agriculture minister Vijay Kumar Sinha said on Saturday that the Agriculture and Processed Food Products Export Development Authority (APEDA) will establish its regional office in Patna.' APEDA will boost agricultural exports from Bihar and increase the existing potential threefold in the next three years. In 2023, exports were worth $17.6 million. We aim to triple that,' Sinha said in an agriculture department communiqué.He added that APEDA would help improve farmers' income by promoting farming as a commercial venture through standard export practices. Key products with strong export potential include ‘shahi litchi', ‘makhana', vegetables, and maize. Bihar contributes 71% of the country's ‘shahi litchi', 85% of ‘makhana', 9% of vegetables and 7% of maize.
 Source:  timesofindia.indiatimes.com
Jul 28, 2025 News Image Atmanirbhar Bharat Abhiyaan- Vocal for Local in Food Processing Sector.
As part of Atmanirbhar Bharat Abhiyaan - Vocal for Local Initiative in food processing sector, Ministry of Food Processing Industries (MoFPI) is implementing a centrally sponsored 'PM Formalisation of Micro food processing Enterprises (PMFME) Scheme' for providing financial, technical and business support for setting up of new/ upgradation of micro food processing enterprises in the country including Tamil Nadu. The scheme is operational from 2020-21 to 2025-26 with an outlay of Rs. 10,000 Crore. The scheme aims to enhance the competitiveness of micro-enterprises in the unorganized segment of the food processing industry and promote formalization of the sector.
 Source:  pib.gov.in
Jul 28, 2025 News Image Cold Chain Infrastructure and Value Addition through PMKSY.
Ministry of Food Processing Industries (MoFPI) is implementing a Central Sector Umbrella scheme 'Pradhan Mantri Kisan SAMPADA Yojana (PMKSY)'. Under various component schemes of PMKSY as on 30.06.2025, a total 1601 number of projects have been approved all over the country, out of which 1133 projects have been completed/operationalized, with total approved grant of Rs. 5365.32 crores creating a total preservation and processing capacity of 255.66 LMT/Annum, benefitting 3415102 no. of farmers and generating 433639 no. of employment. Under the integrated cold chain and value addition scheme of PMKSY, a total 395 no. of cold chain projects have been approved. Out of which,27 projects have been approved in Uttar Pradesh including 01 project each in Auraiya and Etawah districts.
 Source:  pib.gov.in