High interest rates are significantly hampering India's export competitiveness, prompting the commerce ministry to seek collaborative solutions with the finance ministry, senior officials disclosed on Wednesday.
The interim government of Bangladesh will procure 50,000 tonnes of rice from India to address the depletion of the country's food stocks and thereby meet consumer demand for the cereal grain amid ongoing inflationary pressure.
Department of Agriculture (DA) Secretary Francisco P. Tiu Laurel Jr. said Wednesday the agency approved the accreditation of 34 Indian companies to supply frozen buffalo meat, locally known as carabeef.
The establishment of farmer producer organisations (FPOs) was a great initiative started by the government of India in the early 2000s to help small and marginal farmers achieve economies of scale, increase their bargaining power by negotiating collectively, double their income, and reach the global markets.
Ministry of Food Processing Industries (MoFPI) has been incentivizing setting up/expansion of Food Processing Industries 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. These schemes are not region or state specific but demand driven.
West Bengal has emerged as India's top producer of meat, contributing 12.6% to the national output, according to Basic Animal Husbandry Statistics 2024, published by Centre. The achievement was largely attributed to robust poultry production in the state, surpassing Uttar Pradesh (12.3%), Maharashtra (11.3%), Telangana (10.8%) and Andhra Pradesh (10.4%).
The Government of India launched the Credit Guarantee Scheme for e-NWR Based Pledge Financing (CGS-NPF) on 16 December 2024, providing a Rs.1,000-crore corpus to support post-harvest financing for farmers. Under this scheme, farmers can access credit by pledging their produce stored in Warehousing Development and Regulatory Authority (WDRA) accredited warehouses, backed by electronic negotiable warehouse receipts (e-NWRs).
India has initiated a comprehensive sector-wise analysis to assess potential impacts and prepare for possible tariff hikes on exports to the United States (US) under the Donald Trump administration, Economic Times reported citing sources.
The Udyan Utsav, organised in collaboration with the Department of Agriculture and Farmers Welfare, the National Institute of Agricultural Extension Management (MANAGE) Hyderabad and the Indian Council of Agricultural Research, aims to celebrate nature, promote environmental conservation and sustainability through people’s participation. People could make themselves aware about the innovation and technological development in agriculture and horticulture by visiting thematic stalls and participating in the workshops.