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Foodgrain production to be 284 MT in 2018-19: Govt

April 27th, 2018 | APTSO EXPORTS™ | Tags: ,

In the backdrop of prediction of a normal monsoon this year and buoyed with the bumper production in last two years, the government on Wednesday said the total food production in 2018-19 will be a record 283.7 million tonnes, including 113 million tonnes of rice. Addressing officials from the states during annual kharif conference here, Union Agriculture Minister Radha Mohan Singh said the good monsoon has indicated a good kharif season this year. Total foodgrain production in the country is estimated at 277.49 million tonnes this year, which means there […]

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Centre targets a new high in foodgrains output this year

April 26th, 2018 | APTSO EXPORTS™ | Tags:

The Union government has set a foodgrain output target of 283.7 million tonnes (mt) during 2018-19, in the backdrop of forecasts of a favourable monsoon. The target is nearly 6 mt, 2 per cent, more than the estimated production of 277.5 mt in the last crop year (July-June). The targets set for rice and wheat are 113 mt and 100 mt respectively, which are 2 mt and 3 mt more than the production in 2017-18 as per the second advance production estimates, said Agriculture Commissioner SK Malhotra, while addressing a […]

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Odisha agri dept, Icrisat launch Bhoochetana, a farm-support initiative

Bhoochetana, an initiative that transformed lives of several million farmers in Karnataka, was recently launched in Odisha. The department of agriculture, Government of Odisha, and the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) joined hands and signed a Memorandum of Agreement to potentially benefit 4.35 million farmers in the state. The three-year agreement is set to reach 6.1 million ha of farmland in 30 districts of Odisha through a science-led development approach. Bhoochetana, meaning revival of the land, involves soil health mapping, nutrient recommendations and support to farmers. […]

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India, Mauritius conclude second round of talks for FTA

April 23rd, 2018 | APTSO EXPORTS™ | Tags: ,

India and Mauritius today concluded the second round of negotiations for the proposed free trade agreement (FTA), aimed at boosting bilateral trade and investments. The three-day talks for Comprehensive Economic Cooperation and Partnership Agreement (CECPA) started here on Tuesday, a government official said. During the deliberations, trade in goods, services besides economic cooperation were discussed. In an FTA, two trading partners cut or eliminate duties on majority of goods besides liberalising norms to promote services trade and boost investments. According to experts, India may not get huge benefit in goods […]

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India needs robust exports, investment to achieve 8% growth: ADB Economist

April 17th, 2018 | APTSO EXPORTS™ | Tags:

  India can achieve over 8 per cent growth rate in a sustained manner if it takes steps to revive investments and make exports competitive, said ADB Economist Abhijit Sen Gupta. Efforts will also have to be made to streamline agriculture marketing and improve supply chain, he said, adding that this is the area where there is scope for more reforms. Right now, the investment and exports drivers are really not firing… Once those two engines fire up India can sustainably grow at 8 per cent, Sen Gupta told . […]

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Maharashtra government sets sights on export fruits and vegetables

  The Maharashtra government has taken a slew of measures to promote the export of fruits and vegetables. In the last three months, the state has shipped around 2761.41 tonnes of fruits and vegetables through various export facilitation centres set up by the Maharashtra State Agriculture Marketing Board (MSAMB). Maharashtra has exported mangoes, grapes, pomegranates, oranges, bananas, onion as well as vegetables such as lady finger, bitter gourd, drum sticks, green chillies among others to the European Union, Thailand, Netherlands, Doha, Bahrain and the US. Financialexpress.com quoted the managing director […]

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China promises to address trade deficit concerns: India

March 28th, 2018 | APTSO EXPORTS™ | Tags: ,

  Amid heightened tensions of a trade war between the US and China, China on Monday promised India to address the high trade imbalance between the two countries. Chinese Minister Zhong Shan welcomed Indian investment in China and promised to address the trade deficit between the two countries, commerce and industry ministry said in a statement on Monday. Shan, who is China’s minister of commerce, co-chaired the 11th meeting of India-China Joint Group on Economic Relations, Trade, Science and Technology here with commerce and industry minister Suresh Prabhu. Shan’s statement […]

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Govt expedites water provision to rain-fed areas to up agri productivity

March 28th, 2018 | APTSO EXPORTS™ | Tags: ,

  The government has expedited the provision of water in rain-fed areas to boost agricultural productivity and raise farmers’ incomes. This was stated by Nitin Gadkari, minister for roads, transport and highways, shipping and water resources, river development and Ganga rejuvenation, at a conference on the role of water in doubling farmers’ incomes, which was organised on World Water Day 2018 by the Federation of Indian Chambers of Commerce and Industry (FICCI). He added that his ministry had taken on hand projects to link river basins with world-class technology. Instead […]

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Haryana to procure 80 lakh tonnes wheat

The Haryana government has made arrangements for the procurement of 80 lakh tonnes of wheat in the current Rabi season, a senior officer said on Monday. The wheat will be procured at the minimum support price (MSP) of Rs 1,735 per quintal. The procurement target is set higher than the 74.25 lakh quintal tonnes of wheat procured in the season last year. The Agriculture Department has estimated the production of wheat at about 117.80 lakh tonnes this time. Additional Chief Secretary, Food, Civil Supplies and Consumer Affairs Department Ram Niwas […]

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Govt clarifies on e-way bill requirement for exports consignment

March 25th, 2018 | APTSO EXPORTS™ | Tags:

Minister of State for Finance Shiv Pratap Shukla on Thursday gave clarification on e-way bill regarding movement of goods from dry-ports to sea ports and from SEZs within the zone. The minister said that the government has received various representations from Association of Exporters as well as Corporate Bodies seeking clarity on issues relating to exemption for export consignments during custom bonded movement from one airport to another; movement from SEZ/FTWZ (Free Trade Warehousing Zone) to port and vice versa; and parity in movement of export cargo with import cargo. […]

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