Synopsis The two countries also decided to create a new trade policy forum working group on resilient trade, and to continue to work together on resolving outstanding trade issues, they added in the statement. India and the United States have established a new working group to build sustainable supply chains and boost bilateral trade, the […]
Tag Archives: Indian Government
India’s wheat output may set new record of over 112 lakh tonnes in 2022-23: Govt officials
Synopsis According to the latest data, farmers have sown wheat in 332.16 lakh ha till January 6 of the current rabi season of the 2022-23 crop year (July-June), against 329.88 lakh ha during the same period last year. New Delhi: The country’s wheat production is likely to set a new record of more than 112 […]
Govt’s paddy procurement rises 10 pc to 541.90 lakh tonne so far
Synopsis The actual procurement stood at record 759.32 lakh tonne in the previous kharif marketing season. According to official data, the total paddy purchase increased to 541.90 lakh tonne till January 3 of the 2022-23 kharif marketing season from 494.50 lakh tonne in the year-ago period. The government’s paddy procurement for the central pool rose […]
Safex Chemicals to invest Rs 100 cr in agri-tech segment in next 3-4 years
Synopsis Agrochemicals maker Safex Chemicals Ltd on Tuesday said it plans to invest Rs 100 crore in its new agri-tech arm, AgCare Technologies, in the next 3-4 years for launching an interactive tech platform and for setting up a manufacturing unit. Agrochemicals maker Safex Chemicals Ltd on Tuesday said it plans to invest Rs 100 […]
India’s agricultural products exports up 16% in 2022-23
For the year 2022-23, an export target of $23.56 billion has been fixed for the agricultural and processed food products basket. India’s agricultural and processed food products exports rose by 16 per cent in the first eight months (April-November) of the current financial year 2022-23 on a yearly basis. The agricultural exports has managed to attain 74 […]
Wheat exports rise 30 pc to USD 1.5 bn in Apr-Nov
Synopsis The ministry said that Basmati rice exports too increased by 39.26 per cent to USD 2.87 billion during April-November 2022, while that of non-basmati rice registered a growth of 5 per to USD 4.2 billion in the same period. “Wheat export has registered an increase of 29.29 per cent in eight months of the […]
Basmati, non-basmati rice exports up 7.37 pc in Apr-Oct: Industry data
Synopsis Sethia said non-basmati rice exports were not affected due to the imposition of customs duty. The exports remained robust. The government imposed curbs on rice exports to check prices that flared up due to likely fall in production. As per the first estimate of the agriculture ministry, rice output is estimated to decline to […]
PM Kisan, Kisan Credit Card, and 4 other beneficial govt schemes for farmers
Synopsis Kisan Diwas or National Farmers’ Day is observed across the country on December 23 to honour farmers, the backbone country. The central government offers various schemes for farmers and the agricultural sector. Know all about Kisan Credit Card, Pradhan Mantri Fasal Bima Yojana, Pradhan Mantri Kisan Samman Nidhi and 3 other beneficial govt schemes […]
India’s rabi crops sowing rises 4.4% led by wheat
Synopsis The increase in crop area is across all crops with the highest in wheat. Out of the 25.99 lakh hectares increase in all rabi crops, the increase in wheat area is 9.65 lakh hectares from 302.61 to 312.26 lakh hectares. Though the sowing of rabi crops is still under progress, the area brought under […]
MSP can only guarantee stable price not best rate, says Niti Aayog member Ramesh Chand
Synopsis Speaking on the demand of farmer groups to make MSP a legal right, Chand noted that cultivators want it to get the best price for their produce and also to protect themselves from price fluctuations. The minimum support price (MSP) of crops can guarantee stable prices but not always the best rates, which can […]