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Mar 28, 2025 News Image Govt approves procurement of 37.39 lakh tons of gram, lentils for 2025 rabi season.
The government has approved procurement of 37.39 lakh tonnes of gram and lentils, and 28.28 lakh tonnes of mustard for the 2025 rabi marketing season, Agriculture Minister Shivraj Singh Chouhan said on Thursday. The government will procure the commodities through central nodal agencies Nafed and NCCF under the Price Support Scheme (PSS), with Rajasthan, Madhya Pradesh and Gujarat being the major growing states.
 Source:  economictimes.indiatimes.com
Mar 28, 2025 News Image Despite geo-political uncertainties, India's exports set to cross $800 bn.
Despite global uncertainties, India's exports are set to surge, said Director General of Foreign Trade (DGFT), Santosh Kumar Sarangi, adding that exporters should tread the path pragmatically and wisely to navigate the current global trade contours. According to him, the current geo-political scenario presents a golden opportunity for India to propel exports and increase manufacturing competitiveness.
 Source:  manufacturing.economictimes.indiatimes.com
Mar 28, 2025 News Image Development of Food Processing Industries.
In order to promote and ensure overall development of food processing sector, Ministry of Food Processing Industries (MoFPI) has been incentivizing setting up/expansion of related infrastructure through its Central Sector schemes namely Pradhan MantriKisan 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. These schemes are not region or state specific but demand driven.
 Source:  pib.gov.in
Mar 27, 2025 News Image Afghanistan exported $500 million in goods to India despite Pakistani restrictions, official says.
Khan Jan Alokozai, a board member of the Afghanistan Chamber of Commerce and Investment, said the closure of transit routes through Pakistan had prompted Afghan exporters to seek alternative trade corridors. He noted that the majority of exports to India consisted of dried fruits — traditionally one of Afghanistan’s leading agricultural exports. 'Despite the challenges, we managed to export over $500 million in goods to India in the past year,' Alokozai said.
 Source:  amu.tv
Mar 27, 2025 News Image India eyes export boost to CIS as Black Sea tensions ease, seeks lower duties from South Korea.
Amid news reports of a proposed truce between Russia and Ukraine in the ongoing conflict in the Black Sea, sources within the government have indicated that a reduction in tensions may ease the transport of Indian exports to CIS countries. Apart from Russia, the Commonwealth of Independent States (CIS) comprises Kazakhstan, Uzbekistan, Turkmenistan, Kyrgyzstan, Tajikistan, Azerbaijan, Belarus, Armenia, and Moldova.
 Source:  cnbctv18.com
Mar 27, 2025 News Image Potato Powerhouse: India’s Global Surge in Potato Production and Exports.
In recent years, India has solidified its position as a potato powerhouse on the global stage, impressively emerging as the second-largest producer of potatoes worldwide. As detailed in a podcast episode from the State of the Economy, hosted by Subramani Ra Mancombu with Mr Haresh Karamchandani, Managing Director & Group CEO of HyFun Foods, we delve into this remarkable rise and its implications for both Indian and global food markets.
 Source:  potatopro.com
Mar 27, 2025 News Image India 1st, Thailand 2nd…, list where India’s dominance leaves US and China far behind as it leads global market in…
Rice is a major commodity in global trade, and India holds the top spot as the world’s largest rice exporter. Even a small policy shift by India can significantly impact international rice prices. Following India, the other major rice-exporting countries include Thailand, Vietnam, Pakistan, China, and the United States.
 Source:  india.com
Mar 27, 2025 News Image India surpasses Sri Lanka to become second largest tea exporter.
Finally, the Indian tea industry, which has been reeling under problems for years, has something to cheer about. According to data released by the Tea Board of India, India has exported 254 million kg of tea in 2024, thus becoming the second-highest exporter in the world. While Kenya retained the first spot in global tea exports, India surpassed Sri Lanka to take the second spot. Kenya exported over 500 Mkg of tea in 2024.
 Source:  timesofindia.indiatimes.com
Mar 27, 2025 News Image India may play bigger role in global value chains soon.
The NITI Aayog is working on a programme to improve India's penetration into global value chains for the growth of domestic micro, small and medium enterprises (MSMEs), its chief executive BVR Subrahmanyam said on Wednesday. Observing that MSMEs are more affected by regulations than large companies, he said the PM has taken a major step towards deregulation and a task force under the cabinet secretary is working on it. Subrahmanyam was addressing a gathering after launching the 'Digital Excellence for Growth and Enterprise' (Dx-EDGE), a platform to empower MSMEs with the tools, knowledge and ecosystem needed to become future-ready, competitive and resilient.
 Source:  economictimes.indiatimes.com
Mar 27, 2025 News Image India's exports are bound to grow despite global uncertainties: DGFT.
India's exports are bound to grow in the coming years despite uncertainties over global trade and tariff, a senior government official said on Wednesday. Director General of Foreign Trade Santosh Kumar Sarangi said that exporters should tread the path pragmatically and wisely to navigate the current global trade contours. He also said that the current scenario presents a 'golden' opportunity for India to do a variety of things which will propel exports and increase manufacturing competitiveness.
 Source:  economictimes.indiatimes.com