"The US will ask for major concessions in dairy and agri products, ethanol and removal of price control on medical devices.'' a former senior commerce ministry official said
The government had allowed the duty-free import of yellow peas in December 2023 and subsequently extended it thrice till February 28 to boost domestic supplies after the local crop failed
Given that agriculture and rural development are state subjects, an inter-state council on the lines of GST Council is very important for better coordination between Centre & states
In Rajasthan, a vibrant agri and food processing sector contributes to around 27 per cent of the state GDP and provides huge employment opportunities to the people
Chouhan said agricultural marketing is a state subject and agricultural produce market committees (APMCs) are regulated by the respective State Agricultural Produce Market Committee Act
Wheat production in the state this year may remain almost equal to last year. Barley and gram production may rise while mustard is expected to go down, according to estimates
The company has invested $15 million to localise the 2.8L F28 engine, which was developed in Europe, to reduce import dependence and improve cost efficiency
Credit limit on KCC raised to Rs 5 lakh; farm Budget at Rs 1.71 trn, 22% more than FY25RE
The Economic Survey released on Friday emphasised that the private sector must take the lead in driving economic growth
The Economic Survey 2024-25 highlights 3.5 per cent growth in India's agriculture sector, with a strong focus on horticulture, livestock, and fisheries as key growth drivers
Credit cost for most of the lenders increased due to higher provisions, mainly for unsecured retail loans
The company's total income for the quarter ended December 2024 was Rs 7,049 crore versus Rs 5,523 crore for the quarter ended December 2023, up 28 per cent
MSMEs face informational asymmetries, limited consumer visibility, and weak branding and marketing capabilities
Maharashtra Agriculture Minister Manikrao Kokate on Sunday reiterated that the government will not discontinue the Re 1 crop insurance scheme despite recommendations to shut it down. Speaking to the media in Nandurbar, Kokate confirmed that while some adjustments will be made, the scheme will continue in its current form to support farmers. The crop insurance scheme was introduced in the 2023 budget by the then-finance minister and deputy chief minister Devendra Fadnavis. Under the scheme, farmers can get crop insurance for just Re 1. Before the scheme, farmers had to pay the company 2 per cent of the insurance premium. The scheme, however, faced criticism after a review brought to light over four lakh bogus applicants. "This scheme is for the benefit of farmers, and while some changes are necessary, it will not be closed," the minister said. He further confirmed that compensation for crop losses was distributed to some farmers, and investigations into other cases were ongoing.
India exported 135,877 tonnes of French fries valued at Rs 1,478.73 crore in 2023-24, marking a significant milestone in India's processed food industry
The government's goal is to achieve a seaweed production level of one million tonnes by 2025 through higher harvesting from natural sources, and better captive cultivation
In the delicate dance that will accompany the appointment of a new president of the party, Mr Chouhan could be a participant
The National Turmeric Board will help develop new markets internationally to promote exports and double production to about 20 lakh tonnes in the next five years, Commerce and Industry Minister Piyush Goyal said on Tuesday. Inaugurating the Board, he also said that it will promote research and development into new products and develop on the country's traditional knowledge for value-added turmeric products. "Turmeric is also called as golden spice. India accounts for 70 per cent of global turmeric production... We are looking to double the production to 20 lakh tonnes in five years," he told reporters here. The government in October notified the constitution of the National Turmeric Board. It will focus on the development and growth of turmeric and turmeric products in the country. India is the largest producer, consumer and exporter of turmeric in the world. In the year 2022-23, an area of 3.24 lakh hectares was under turmeric cultivation in India with a production of 11.61 lakh
Review to include crop condition, pest infestation, and weather conditions to give best value to farmers
While one may take various commodities to gauge the additional prices consumers pay over wholesale rates, here we have assessed seven commodities