Ten states in India want distribution of free foodgrains to be extended for further three months

India’s Consumer Affairs, Food and Public Distribution Minister Ram Vilas Paswan said that around 10 states have written to the ministry to extend the distribution of free foodgrains under Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY) for three more months. Paswan was meeting officials to discuss the progress of the implementation of the National Portability […]

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Trade tariffs take centerstage as world tries to emerge from COVID-19 crisis

The week’s biggest news was China’s Ministry of Commerce announcement that it will extend anti-dumping duties on imports of alloy-steel seamless pipes for high temperature and pressure from the United States and the European Union for another five years. Following an expiry review launched at the request of the domestic industry, the extension has taken […]

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India’s foodgrains production during 2020-21 fixed at 298 million tonnes: agriculture minister

The Union Minister of Agriculture and Farmers’ Welfare, Narendra Singh Tomar has fixed the target of foodgrains production for the year 2020-21 at 298.0 million tonnes. This minister said that all states should aim to achieve the kharif target and doubling of farmers’ income should be taken up in mission mode. Addressing the National Conference […]

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Australia says farm production value holds despite bushfires, drought

The value of Australian agricultural production is forecast to remain high despite bushfires and prolonged drought, with overseas demand balancing drought-related falls in farm output and incomes, ABARES, the country’s agriculture forecaster said,. ABARES’ Chief Commodity Analyst Peter Gooday said the value of farm production in fiscal 2019-20 was expected to fall slightly to $59 […]

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Cabinet approves extension of jute packaging norms for foodgrains and sugar

The Cabinet has approved extension of norms for mandatory packaging of foodgrains and sugar in jute material for the Jute Year 2019-20. The decision taken by the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, mandates that 100 per cent of the foodgrains and 20 per cent of sugar will be mandatorily […]

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Indian government plans open market sale to deal with rising food grain stocks

With food grain stocks held by state-owned Food Corporation of India (FCI) in the central pool hitting a six- year high, the government plans to increase allocations to below-poverty-line (BPL) families and raise the open market sale scheme (OMSS) to liquidate inventory. The Union Ministry of Food is reported to have convened a meeting of all stakeholders, including officials from the […]

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Indian government pegs foodgrains production at 283.37 million tonnes in 2018-19

India’s foodgrains production in 2018-19 is estimated at 283.37 million tonnes which is higher by 17.62 million tonnes than the previous five years’ (2013-14 to 2017-18) average production of foodgrain, but lower than the 285 million tonnes foodgrains produced in the previous year, according to the third advance foodgrain estimates released by the Agriculture Ministry. […]

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