India’s overall exports in August 2021 estimated at $52.20 Bn

India’s overall exports (Merchandise and Services combined) in August 2021 are estimated to be $52.20 billion, exhibiting a positive growth of 33.99 per cent over the same period last year and a positive growth of 19.89 per cent over August 2019. Overall imports in August 2021 are estimated to be $58.57 bill...Read more

Union state agri minister reviews implementation of central schemes in Telangana

Union Minister of State for Agriculture and Farmers Welfare Shobha Karandlaje emphasised the need to promote agriculture exports which could facilitate doubling of farmers income within a reasonable timeframe. She stated that the Central Government would work closely with the state government to propel India as a ...Read more

Centre revises TMA scheme for specified agriculture products

Centre has revised 'Transport and Marketing Assistance' (TMA) scheme for Specified Agriculture Products’. In February 2019, the Department of Commerce had introduced ‘Transport and Marketing Assistance (TMA) for Specified Agriculture Products Scheme’ to assist with the international component of ...Read more

APEDA identifies countries having potential to promote Indian agri products

APEDA has identified several countries that have the potential of being excellent markets for the promotion of Indian agri-products. This information was provided by Dr Angamuthu, Chairman, APEDA, Ministry of Commerce and Industry, Government of India during the virtual release ceremony of the ‘FICCI-YES Ban...Read more

Govt to release Rs 56,027 Cr under various export promotion schemes

The Government of India has decided to budget Rs 56,027 crore in this Financial Year FY 21-22 itself to disburse all pending export incentives due to exporters. This amount includes claims relating to MEIS, SEIS, RoSL, RoSCTL, other scrip-based schemes relating to earlier policies and the remission support for RoD...Read more

Five food processing projects worth Rs 124.44 Cr launched in Assam, Gujarat and Karnataka

The Union Minister for Food Processing Industries, Pashupati Kumar Paras and Minister of State for Food Processing Industries, Prahlad Singh Patel, virtually inaugurated five food processing projects in the states of Assam, Gujarat and Karnataka.   The total cost of these five projects is about Rs 124.44 cr...Read more

Farmmi wins export order for Shiitake mushrooms from Lebanon

Farmmi, an agriculture products supplier in China, has announced the company's subsidiary Zhejiang Farmmi Biotechnology, won a new product order for its popular dried whole Shiitake mushrooms. The customer will export Farmmi's Shiitake mushrooms to Lebanon.Yefang Zhang, Farmmi's Chairwoman and CEO, commented, "Thi...Read more

IPGA's webinar to deliberate on kharif sowing scenario

India Pulses and Grains Association (IPGA)will be hosting a webinar to present an overview on the Kharif sowing scenario under the aegis of ‘The IPGA Knowledge Series' on August 27, 2021.   The webinar to be held at 5 pm will provide a comprehensive overview of the sowing scenario from the perspective...Read more

Paddy procurement reaches all-time high

Paddy procurement has reached an all-time high level, surpassing the previous high of 773.45 LMT in KMS 2019-20. About 129.03 lakh farmers have already been benefitted from the ongoing Kharif Marketing Season (KMS) procurement Operations with an MSP value of Rs 1,64,951.77 crore.   Paddy procurement in the ...Read more

NCDEX launches India’s first sectoral agri-index futures contract GUAREX

National Commodity and Derivatives Exchange, India’s  leading  commodity exchange has recently launched the futures contract on NCDEX GUAREX, India’s first sectoral index in the agri-commodities basket.   NCDEX GUAREX is a price based index tracking the price movement in the futures...Read more

Centre facilitates export of surplus sugar to ensure timely payment of cane dues

Government of India is taking proactive measures to boost the export of surplus sugar and diversion of sugar to ethanol to ensure timely payment of cane dues of sugarcane farmers and to boost the agricultural economy. The government has been encouraging sugar mills to divert surplus sugar to ethanol and has been p...Read more

Farmers Edge to acquire CommoditAg to expand agriculture e-commerce presence  

  Farmers Edge Inc., a pure-play digital agriculture company has announced that it has reached an agreement to acquire CommoditAg, the industry’s premier trusted online marketplace for high-quality agriculture products. This will allow Farmers Edge to significantly expand its roster of services by empo...Read more