India’s sugar output surged 31% year on year to 14.27 million tonnes over the start of the crushing season on Oct. 1 to Jan. 15, data released by Indian Sugar Mills Association (ISMA) showed. The surge is due to an early start to cane crushing this season amid higher cane availability. A total of 487 […]
Sugar prices in Maharashtra have fallen below the minimum support price (MSP) of Rs 3,100 per quintal because of poor demand. This, in turn has forced sugar millers to sell below the floor price to be able to make cane payments to farmers. A high opening balance at the start of the season, delayed export […]
India’s largest iron-ore miner NMDC said on Friday that it had reached an agreement with the state government of Karnataka for resuming operations at the key Donamalai mine. Production in the mine had been suspended following imposition of an 80% tax on iron-ore sales way back in November 2018. NMDC has been the leaseholder for Donamalai since […]
India’s sugar production jumped over two-fold at 42.9 lakh tonnes during October-November due to early start of mills this season, according to industry body ISMA (Indian Sugar Mills Association). Sugar marketing year runs from October to September. According to ISMA data, the country’s sugar production stood at 42.9 lakh tonnes during October-November period of 2020-21 marketing […]
India’s sugar production is estimated to increase by 13 per cent to 31 million tonnes in the 2020-21 marketing season starting this month, on likely higher availability of sugarcane, according to industry body ISMA. The output has been estimated after taking into account a likely diversion of about 2 million tonnes of cane juice and […]
The total dues owed by distribution firms to power generating companies rose by over 37 per cent year-on-year to Rs 1.33 lakh crore in August 2020, reflecting stress in the sector. Distribution companies (discoms) owed a total of Rs 96,963 crore to power generation firms in August 2019, according to the portal PRAAPTI (Payment Ratification […]
Amid widespread farmers’ protest against the new farm laws, the Centre has come out with the latest data of paddy procurement in the last 48 hours to allay any apprehensions over the minimum support price (MSP) buying. “About 5,637 tonnes of paddy at MSP of Rs 1,868 per quintal has been procured from farmers of Haryana and Punjab till September 27. […]
Cardamom production in India is likely to fall short in the current season due to the unprecedented floods and subsequent prolonged dry spell experienced in major growing regions in the country, according to the data compiled by the state-run Directorate of Arecanut & Spices Development (DASD), Financial Express reports. India is the second-largest producer of […]
While India has imposed a total ban on exports of inions to check domestic rise in its prices, Karnataka farmers have urged the Centre to allow shipment of 10,000 tonnes of ‘Bengaluru Rose’ variety of onions to prevent the produce from damage as there is no demand in the domestic market. A delegation of ‘rose […]
The country’s first e-kisan mandi became operational in Pune last week, reports Financial Express. The Pune facility includes around 30 FPCs in Pune district. Traders or retail market chains will be registered on the mandi for making online purchases from farmers. NAFED’s arm, Federation of Farmer Producer Organisations and Aggregators (FIFA) entered into a 51:49% […]
