Commerce and Industry Minister Piyush Goyal called for a services trade agreement among friendly nations of the Indo-Pacific region as it can help liberalise domestic regulations and build capacity in sectors like e-commerce and IT. Speaking at special plenary with the trade ministers of the Indo-Pacific region, Goyal said India’s trade with select Indo-Pacific economies […]
The Indian Cabinet approved modifications in the guidelines of the Rs 1-lakh-crore Agriculture Infrastructure Fund (AIF), a move which will expand the beneficiary institutions, including Agricultural Produce Market Committees (APMCs), to avail credit of up to Rs 2 crore from the Fund to set up cold storage, sorting, grading and assaying units. Till now, the […]
As India emerges from the severe impact of the second wave of the Covid-19 pandemic that disrupted businesses, and as a fall of the regulatory changes in the recent years, agritech is likely to see substantial investments. The $370 billion agriculture sector is expected to undergo a complete transformation in the coming years and is […]
India’s Department of Biotechnology has started a special call for North East Region as a part of its programme to understand local issues of farmers and provide scientific solutions to those problems, it said. The Centre will work towards linking innovative agricultural technologies with the farms to benefit small and marginal farmers, especially women in […]
Scientists at International Maize and Wheat Improvement Center (CIMMYT), a leading global grains research institute are expecting to ramp up new wheat varieties enriched with zinc that can boost the essential mineral for millions of poor people with deficient diets. Martin Kropff, director general of CIMMYT told Reuters he expects the newly-developed high-zinc wheat to […]
Germany-based global life science major Bayer AG has signed a statement of intent (SoI) for a strategic partnership with Atal Innovation Mission (AIM), the government’s programme to create and promote innovation and entrepreneurship. The SoI will span promotion of science education, advancing digital solutions and agri-tech to strengthen supply chains, and healthcare projects, the company […]
UNDP India’s Accelerator Lab has signed an agreement with the Spices Board India to build a blockchain-based traceability interface for Indian spices to enhance transparency in trading. Under this Memorandum of Understanding, UNDP and Spices Board India are working towards integrating the Blockchain Traceability Interface with e-Spice Bazaar portal developed by Spices Board India for […]
The Ministry of Agriculture recently set afoot pilot projects across 100 districts in 13 states to conduct studies to collate data on the crop output pattern by using high-end automation with private partners. The project is meant to strengthen the government’s flagship Pradhan Mantri Fasal Bima Yojna (PMFBY) by ensuring more scientific and accurate yield […]
Omnivore, the country’s leading VC fund supporting companies in the fast growing agri-tech business, is now planning to expand its ambit and also include startups from allied sectors of the larger food and agriculture space. Speaking with Indoasiancommodities, Jinesh Shah, Managing Partner of the fund, said that Omnivore has already taken some preliminary steps in […]
Private companies have developed 38 farm markets in four states with a total investment of over Rs 300 crore in the last three years, Agriculture Minister Narendra Singh Tomar said in the Lok Sabha adding that the new farm laws aim at boosting investment in agri-infrastructure. As per the 2006 National Commission on Farmers’ Report, […]
