Warehouses in Guajarat are organising passes for their staff. Grain APMCs in the state will open on April 2. Large quantity of oilseeds, grains, spices and pulses are lying with the farmers as most of the APMCs had been voluntarily shut since Sunday. The government has assured availability of vegetables, grains and pulses, and other […]
Sugar production till February 29, 2020, in the current sugar season (SS: Oct 2019-March 2020) has declined by 22 per cent to 19.48 million tonnes (MT), against 24.93 MT produced in the same period last season. From October 1, 2019, till February 29, 2020, there were 453 sugar mills in operations, against 520 mills in […]
The Soybean Processors Association of India (SOPA) has revised estimates for the kharif 2019 soybean production from 89.94 lakh tonnes to 93.06 lakh tonnes. The revision is based on an extensive field survey conducted in Maharashtra, Madhya Pradesh and Rajasthan by two SOPA teams. The teams travelled almost 8000 km and visited every major soybean […]
The country’s dairy sector hopes to see up to Rs 60,000 crore of new investment and creation of 10 million jobs in five years, in the wake of the Union Budget proposals, reports Business Standard. The finance minister had announced a target of doubling the annual milk processing capacity to 106 million tonnes, from the existing 53 million tonnes. […]
The outbreak of coronavirus may hamper exports of groundnut seeds and cotton from Gujarat to China and some of the traders who have already exported these commodities are eagerly awaiting for payments as markets in the neighbouring country are closed. Since mid January till February 8, Chinese markets are almost closed due to Chinese Lunar […]
During the Budget 2020, Finance Minister Nirmala Sitharaman proposed to set up an international bullion exchange at IFSC in GIFT City, which will lead to better price discovery of gold, create more jobs and enhance India’s position in such market. “With the approval of the regulator, GIFT City would set up an International Bullion Exchange(s) […]
India’s potato production increased 51 per cent to 52.5 million tonnes (MT) in over a decade, Union Agriculture Minister Narendra Singh Tomar said. Its production had stood at 34.7 MT in 2008, the minister added. Tomar pegged the potato output to grow about 3 per cent annually till 2050. Addressing a Global Potato Conclave in […]
Considering the potential of production of potatoes near Agra region in Uttar Pradesh, potato cluster has been notified under Agri Export Policy (AEP) of Government of India. For the development of clusters, the Agricultural and Processed Food Products Export Development Authority (APEDA) is organizing meetings in the notified clusters under the Agri Export Policy announced […]
The country’s sugar production has fallen sharply by 30.22 per cent to 7.79 million tonnes in the first three months of current marketing year ending September, but ex-mill prices have remained stable so far, helping mills clear cane payment to farmers on time, ISMA said. However, sugar exports are happening at a good pace, Indian […]
The National Federation of Cooperative Sugar Factories (NFCSF) is seeking restructuring of the soft loans given to factories in past five years. The sugar industry is in deep financial distress and needs support, Prakash Naiknavare, managing director, NFCSF said to Financial Express. He also hinted at the possibility of the Centre raising the MSP of […]
