INTERVIEW – India’s crop protection major United Phosphorus expects surge in domestic sales soon

By Ritwik Sinha India-based crop protection major United Phosphorous Limited (UPL) is expecting a significant surge in sales in the domestic market in the near- to medium-term due to the government’s ambitious target to raise farmers’ incomes and robust growth in farm exports. UPL, which is among the top five global agro chemical companies after […]

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India’s soybean output to increase by 38% this year on higher yields

India’s soybean output is likely to rise significantly by 38 per cent this year on a sharp increase in average yield across the country, following favourable climatic condition in major cultivating states including Madhya Pradesh, Maharashtra and Rajasthan. Data captured through the latest assessment of farmers, traders and other stakeholders by the apex industry body the Soybean Processors’ Association […]

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India’s interim budget 2019-20 offers cash dole to small farmers before general election

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Pitching a strong re-election bid, India’s BJP-led NDA government announced the biggest income tax sops for middle class, including complete exemption for income up to Rs 5 lakh, and Rs 6,000 annual cash dole to poor farmers in a scheme that will cost Rs 75,000 crore per year. Converting a vote on account speech into […]

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Gold demand in India to rise by 25% due to higher MSP to farmers – report

India’s gold demand is likely to surge 25 per cent in the second half of this year on improved purchasing power of farmers owing to higher minimum support price (MSP) for crops announced by the government, a report by Assocham-World Gold Council report. India, the world’s second-biggest buyer of the precious metal, consumes 800-900 tonne […]

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