05 Jun, 2024 News Image Netherlands emerges as India's 3rd largest export destination in 2023-24.

The Netherlands has emerged as India's third largest export destination after the US and UAE during 2023-24, even as the country's merchandise shipments dipped by over 3 per cent, according to the commerce ministry data. The main commodities which registered healthy exports growth in the Netherlands include petroleum products ($14.29 billion), electrical goods, chemicals, and pharmaceuticals in the last fiscal.


 Source:  economictimes.indiatimes.com
05 Jun, 2024 News Image Total foodgrain production is estimated at 3288.52 LMT, higher by 211.00 LMT from average foodgrain production of last 5 years.
The Ministry of Agriculture and Farmers Welfare has released Third Advance Estimates of Major Agricultural Crops for the year 2023-24. From the last agricultural year, the summer season has been segregated from Rabi season and incorporated in the Third Advance Estimates. Hence, this Advance Estimates of area, production and yield includes Kharif, Rabi & Summer season.
 

 Source:  pib.gov.in
05 Jun, 2024 News Image FSSAI unveils new logo for organic foods.

The Food Safety and Standards Authority of India (FSSAI), recently introduced its new logo for organic foods. This move by FSSAI will help consumers to correctly identify authentic food. This new logo has been designed to specify the standards of organic and non-organic foods. Now, organic food products cannot be sold without this new logo.


 Source:  fnbnews.com
05 Jun, 2024 News Image India Embarks on World s Largest Grain Storage Plan with 1st Meeting of NLCC.

The National Level Coordination Committee (NLCC) for the world's largest grain storage plan convened its first meeting on Monday at the Ministry of Cooperation. This landmark gathering marks a significant step forward in India’s efforts to revolutionize its agricultural storage infrastructure.


 Source:  krishijagran.com
04 Jun, 2024 News Image Cooperation Minister reviews progress of pilot grain storage projects launched in 11 states.

The National Level Coordination Committee (NLCC) for India's ambitious grain storage project, chaired by Cooperation Secretary Ashish Kumar Bhutani, held its inaugural meeting here on Monday and reviewed the progress of the pilot project launched last year in 11 states.


 Source:  economictimes.indiatimes.com
04 Jun, 2024 News Image India-Australia trade jumps to $27.8 bn in 10 years: India Exim Bank study.

Closer ties between India and Australia have revamped the global trade landscape with the trade between the two countries recording a significant growth to $27.8 billion from $15.6 million a decade ago, according to a study by India Exim Bank, released on Tuesday.


 Source:  livemint.com
04 Jun, 2024 News Image Apeda s huge strides in agri export in 5 yrs of inception.

For the first time since arrival of Agricultural and Processed Food Products Export Development Authority (APEDA) in Purvanchal (east Uttar Pradesh) region, the export of perishable agri products has touched new heights, accounting 50 MT and 117 MT in Apr and May from Lal Bahadur Shastri International Airport of Varanasi.


 Source:  timesofindia.indiatimes.com
04 Jun, 2024 News Image Agri-product exports from Varanasi grew by 728 MT in 3 years: APEDA.
The export of agricultural products from Varanasi has grown by 728 metric tons (MTs) in just three years, said Agricultural and Processed Food Products Export Development Authority (APEDA) officials.
From just 4 MT in 2020-21, the export figures stood at 732 MT last fiscal, significantly helping Uttar Pradesh become the third largest exporter of agricultural products in the country after Gujarat and Maharashtra, they added.
 

 Source:  hindustantimes.com
04 Jun, 2024 News Image Georgia reaches out to India to begin free-trade agreement talks.
Georgia, the Southern Caucasus country, has reached out to India to start negotiations for a free-trade agreement (FTA), said a person aware of the matter.
'Recently, officials from Georgia requested India to sign a joint declaration towards launching the negotiations on the trade agreement between both countries. The (Indian) department of commerce is currently examining the proposal,' said the person, adding a decision will be taken after elections end in India.

 Source:  business-standard.com
04 Jun, 2024 News Image FSSAI directs FBOs to remove claim of 100% Fruit Juices from the label and advertisement of fruit juices.

The Food Safety and Standards Authority of India (FSSAI) has issued a directive mandating all Food Business Operators (FBOs) to remove any claim of ‘100% fruit juices’ from the labels and advertisements of reconstituted fruit juices with an immediate effect. All the FBOs have also been instructed to exhaust all existing pre-printed packaging materials before 1st September, 2024.


 Source:  pib.gov.in