MP govt smells opportunity for soybean farmers amid US-China

Image
Press Trust of India Bhopal
Last Updated : Jul 16 2018 | 11:50 PM IST

The Madhya Pradesh government is trying to turn the ongoing tariff war between China and the US into an advantage for soybean producers in the state by exploring opportunities to sell the produce in the neighbouring country.

The issue came up for discussion at the state Cabinet meeting here today.

At the meeting, Chief Minister Shivraj Singh Chouhan discussed to take the soybean produce to China which is facing a shortfall of 11.5 million tonnes following trade tension with the US.

"Last week, the chief minister met Prime Minister Narendra Modi and Union Commerce Minister Suresh Prabhu in New Delhi over the issue," MP minister Narottam Mishra told reporters after the meeting.

He said the state government wanted a delegation to be sent to China to convince them that soybeans grown in Madhya Pradesh be allowed into the Chinese markets.

Madhya Pradesh is the biggest producer of soybean in the country.

China has clamped a 25 per cent duty on soybean imported from the US.

Among other issues, the Cabinet approved conversion of the Advocate Protection Bill into an ordinance.

The government was supposed to bring the bill before the assembly during the monsoon session. However, as the session was adjourned ahead of its scheduled culmination, the bill could not be presented in the House.

The cabinet gave the nod to present the Bill before the Assembly in the next session, Mishra said.

He also informed that the Medical Council of India has granted recognition to three more medical colleges in the state.

"Recognition has been granted for medical colleges in Khandwa, Vidisha and Ratlam. This is a big success for the state and admissions will start from this semester. About 1300 seats have been increased through this," Mishra said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 16 2018 | 11:50 PM IST

Next Story