A group of mining dependents in Karnataka has requested the Supreme Court-appointed panel to allow free iron ore trade and give preference to local ore over imports, stating that various restrictions on mining in the state have made their livelihood uncertain. Mining dependents pointed out caps on mining volume, e-auction and other restrictions have lowered […]
India’s sugar production rose by 6% to 273.47 lakh tonnes till March 15, 2019, the Indian Sugar Mills Association (ISMA) said in a statement. On the corresponding date last year, 258.20 lakh tonnes had been produced with 399 mills operating as on 15th March 2018, the industry data said. “During 2018-19 SS, 527 sugar mills […]
Coffee-producing South Indian states have been witnessing a series of extreme weather events in the last four years. Extreme rainfall causing heavy flood and large-scale landslides in August 2018 in coffee producing areas of Kerala and Karnataka led to a dip of around 20 per cent in the total coffee production. South Indian states like […]
India’s coffee exports are likely to remain inactive in the last quarter of the fiscal year, due to low global prices and an expected slump in prices of Arabica crop. Global prices are likely to remain subdued as Brazil, the largest coffee producer, is expecting a bumper crop which is close to 60 million bags […]
Indian Sugar Mills Association (ISMA), an industry body in its report has stated that Indian Sugar mills have produced 39.73 lakh tonnes of sugar till November 30, 2018. The figure is almost similar to the sugar production of 39.14 lakh tonnes during same period of previous year. According to a release issued by ISMA: “As […]
Indian state of Karnataka warned NMDC Ltd. (National Mineral Development Corporation) that it will cancel the lease of its Donimalai iron ore mine if the state-owned miner refuses to pay an additional levy on the sale of its ore. Karnataka’s threat to cancel the lease stems from a dispute between government of India-owned NDMC, India’s […]
The Indian government will procure up to 23,250 tonnes of green gram from the southern state Karnataka at minimum support price under the Price Support Scheme (PSS) to protect farmers from falling prices. Pulse growers in the state of Karnataka are in distress as green gram prices have fallen below the minimum support price (MSP) […]
Unprecedented rains that triggered flash floods and landslides have delivered a deadly blow to several coffee planters in Karnataka, the largest producer of coffee in India. Spices like black pepper and cardamom produced in the coffee estates have also been severely hit. Not only the plantations have been washed away in the floods and landslides, […]
As the new kharif moong hits the markets in Karnataka, prices of the pulse crop are trading lower at around Rs 5,100 a quintal, much lower than the minimum support price (MSP) of Rs 6,975 announced by the government. The prevailing prices in the state are also lower than last year’s support price of Rs […]
Coffee growers in India’s southern Karnataka state are worried about fall in international Coffee prices and heavy endless rain, which could lead to black rot disease and increase in berry droppings. This year’s intensified monsoon has raised concerns among coffee growers who find it virtually impossible to spray fungicide. Black rot is considered the second […]