Global food import bill may exceed last year’s level despite pandemic – FAO

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The global food import bill for this year is expected to remain close to last year’s level, and may even exceed it slightly due to higher prices of most food commodities in wake of the pandemic, the Food and Agriculture Organisation (FAO) said in a report.   World food markets are showing surprisingly strong resilience despite initial […]

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Indian government offers 50% subsidy for air transportation of fruits, vegetables from north east and Himalayan regions

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The Indian government has announced a scheme under which 50 per cent subsidy will be provided for air transportation of 41 notified fruits and vegetables from North East and Himalayan states to any place in the country. The Food Processing Industries Ministry said the transportation subsidy will be provided as part of the ‘Operation Green […]

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Rising food prices temporary, will be normal soon: DEA Secretary

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The current trend of increases food prices, particularly vegetables like onions and potatoes is  a temporary phenomenon, Economic Affairs Secretary Tarun Bajaj said. However, arrival of new crops and measures by the government to improve supply of essential commodities will soon put a stop to the skyrocketing prices, he added. Some commodities like onion, potatoes […]

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India’s high food inflation rate may start to ease in coming weeks

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Despite two successive record seasonal harvests, food inflation in India remains stubbornly high, prompting the government to announce this week that it will be soon importing certain vegetables. While the inflation rate is expected to ease in coming weeks, prices are unlikely to fall drastically any time soon. Retail inflation rose to 7.3% in September — […]

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Value addition of agricultural produce essential to raise export competitiveness, says APEDA chairman

Value addition and diversification are essential to increase export competitiveness and farmers’ income, Dr M Angamuthu, Chairman, APEDA, Ministry of Commerce and Industry, told a meeting organised by industry body FICCI. “Our farmers must get better farm income by doubling of exports. This is the right time to increase our productivity and diversify to value […]

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Interview – FarmERP plans to Uberize India’s small vegetable growers

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Farm ERP co-founder Sanjay Borkar  spoke to Indoasiancommodities.com about their recent efforts to use the same principles as Uber to create an efficient and sustainable value chain for small vegetable growers. His company has been using Enterprise Resource Planning to help the farming community just like any other business. What is your plan for Uberization […]

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Export of essential agri commodities increases by 43.4% during April-September, 2020

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Despite of the on-going Covid-19 crisis, the export of essential agri commodities for the cumulative period of April-September, 2020 has increased by 43.4 per cent to Rs 53626.6 crore as compared to Rs 37397.3 crore in the same period last year. Major commodity groups which have recorded positive export growth during April-Sept, 2020-21 vis-à-vis April-Sept, […]

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Kerala hikes support price for fruits and vegetables by 20 per cent along with the cost of production

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The state government of Kerala has fixed the support price of fruits and vegetables by adding 20 per cent to the cost of production.  State agriculture ministers have been promising for some time they would consider the demand of support price for fruits and vegetables. In 2018, Haryana launched MSP-type formula for vegetables where the formula of assured income is based on per acre […]

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Heavy rains affected crops like paddy, pulses, oilseeds, vegetables in India, says minister

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Heavy rains in some parts of the country have affected standing crops including paddy, pulses, oilseeds, spices, fruits and vegetables, Agriculture Minister Narendra Singh Tomar said in a written reply in the Rajya Sabha. “There have been extreme weather events in the form of heavy rains in some parts of the country which affected the standing crops,” he said.  Tomar […]

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Gujarat state mulls a strategic alliance with Amazon Fresh for horticulture produce

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The Gujarat government is in the process for a strategic tie-up with multinational giant Amazon Fresh to ensure higher prices to horticulturists by giving them a platform to sell their produce in larger cities, Financial Express reports. Sources in the state agriculture department told Financial Express that the idea is to create a nationwide supply […]

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