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Agriculture sector to grow 3.5-4% in FY25: Minister Shivraj Singh Chouhan.

Jan 02, 2025

Union Agriculture Minister Shivraj Singh Chouhan on Wednesday said that the country's agriculture and allied sector is expected to grow at 3.5-4 per cent in 2024-25 marking a significant improvement from the 1.4 per cent rise recorded in FY24.

    
Source: deccanherald.com



Indian Cabinet nod for 1 Million Tonnes white rice export to IndonesiaL, says Shivraj Singh Chouhan.

Jan 02, 2025

The Indian Cabinet on Wednesday approved a plan to export of 1 million tonnes of non-basmati white rice to Indonesia through the National Cooperative Export Ltd (NCEL).
Announcing the decision, Union Agriculture Minister Shivaraj Singh Chouhan said an agreement will be signed by the Indonesian government’s agency Bulog with India’s notified canalising agency NCEL.
    
Source: thehindubusinessline.com



India aims to double organic food exports to $1 bln.

Jan 02, 2025

India aims to cross $1 billion of organic product exports next year and the country is exploring Mutual Recognition Agreements (MRAs) in sensitive exports like fisheries which face higher rejections, an official said Wednesday.

    
Source: economictimes.indiatimes.com



Commerce ministry planning to expand food testing infrastructure to boost exports: Official.

Jan 02, 2025

The commerce ministry's arm Export Inspection Council (EIC) plans to expand food testing infrastructure in a holistic way to boost outbound shipments, a senior government official said. The EIC has initiated a detailed study on gap assessment on food testing infrastructure for exports, the official added.

    
Source: economictimes.indiatimes.com



Shipments of banana, ghee, furniture, office stationery and solar photovoltaic modules growing rapidly in new markets.

Jan 02, 2025

The humble banana along with ghee, furniture, office stationery and solar photovoltaic (PV) modules are spicing up India’s exports basket as, despite a small base, their shipments are growing fast. While engineering goods, pharmaceuticals, gems and jewellery, and electronics are the key drivers of goods exports, these new sectors are giving the country’s overseas sales that extra push.

    
Source: economictimes.indiatimes.com



EIC has evolved as a key facilitator of India’s export trade and quality standards compliance.

Jan 02, 2025

The Export Inspection Council of India (EIC), which came into being on 1st January, 1964, is a statutory body tasked with advising the government on quality control, pre-shipment inspection standards, and other related matters. Since its inception, the EIC has evolved to a key facilitator of India's export trade apart from the regulatory responsibility, enabling exporters to meet the stringent quality demands of international markets.

    
Source: pib.gov.in



'Arunachal holds tremendous scope for agro-food processing industries, especially in horticulture'.

Jan 02, 2025

The Government of Arunachal Pradesh encourages the cultivation of horticultural produce such as kiwi, avocado, dragon fruit, and persimmon under the umbrella scheme of  Atmanirbhar Bagwani Yojna, wherein all the schemes are encompassed under a bank-linked credit subsidy scheme comprising time-bound implementation and participation from various stakeholders such as government, bank, project consultants and progressive farmers.  

    
Source: agrospectrumindia.com



Iran exports non-oil goods worth $1.2b to India in 8 months.

Jan 02, 2025

Foroud Asgari said that India was Iran’s seventh top export destination in the mentioned eight-month period.
Exporting commodities valued at $1 billion to Iran, India was Iran’s sixth top source of import in the first eight months of the present year, the official further added.
    
Source: tehrantimes.com



Tobacco exports to cross Rs 13,000 cr this yr: Official.

Jan 02, 2025

The country's tobacco exports are likely to register an over 8 per cent growth and cross Rs 13,000 crore this year, a senior government official said on Wednesday. Additional Secretary in the Department of Commerce Rajesh Agrawal also said the Tobacco Board has taken a number of steps to help farmers increase their income.
 
    
Source: economictimes.indiatimes.com



Liquor companies may ask FSSAI for standard for desi single malt.

Jan 02, 2025

Homegrown Indian liquor makers are mulling approaching food & beverages regulator FSSAI for a separate standard for the Indian single malt whisky that is rapidly scaling with the ongoing trend of premiumisation and has won several prestigious international awards. This will help maintain the reputation of Indian single malt whisky - now exported to 60 countries - and Indian producers are discussing the move, according to Confederation of Indian Alcoholic Beverage Companies.

    
Source: timesofindia.indiatimes.com



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