Amul ramps up milk supply to Maharashtra to bridge deficit after floods; Kerala eyes Karnataka for milk

Gujarat Cooperative Milk Marketing Federation (GCMMF), owner of the Amul brand, has ramped up its milk supply to Mumbai and other cities in Maharashtra to bridge the deficit due to the death of nearly 1,000 milch animals and an acute shortage of fodder due to the recent floods in the western parts of the state. The floods […]

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Cashew import prices hiked by 280% to support domestic producers

The Indian government has increased the minimum import price of broken cashew kernels by nearly 138 per cent and by 280 per cent for whole kernels. According to a notification issued by the Directorate General of Foreign Trade (DGFT), import price of broken cashews has been increased to Rs 680 per kg from Rs 288 per kg. Similarly, for whole cashews, […]

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Kerala floods to slash gold demand in India; cashing old jewellery seen rising

Gold demand from India’s flood-hit southern Kerala state is expected to decrease substantially in the coming months, while the fall in new demand and increase in supply due to the sale of old gold jewellery will reduce imports of the metal further, gold analysts said. This year’s gold imports are anyway estimated to fall by 15 per cent to around […]

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COMMENTARY – Kerala floods to hit India’s coffee, spices and rubber output hard

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The devastating floods in Kerala have brought the state’s economy to a standstill, with tens of thousands of farmers clueless about their future, as rainwaters have destroyed yearlong plantations, hitting coffee, spices and rubber. “Preliminary findings show that nearly 1,82,000 farmers are directly affected, and nearly 28,150 hectares of farm land are submerged in flood […]

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All is not lost for Indian rubber planters as they turn to beekeeping to feed their coffers

Rubber plantation farmers in Kerala and Tamil Nadu are now turning to bee farming to earn extra income. The earlier government initiatives have not eased the tension for rubber plantation farmers. Rubber growers expressed their displeasure over poor price realization and then on the Centre easing port restrictions for NR (natural rubber) imports under AAS […]

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Rubber growers in India unhappy over port waiver for natural rubber

Rubber growers in India, mainly from Kerala, are distressed over the Centre easing port restrictions for NR (natural rubber) imports under AAS (Advanced Authorisation Scheme of imports for exports). The rubber-consuming tyre industry, however, is quick to welcome the Union commerce ministry’s move. According to rubber growers, this move would help only the tyre firms […]

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