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24 May, 2024 News Image Govt plans big scale radiation processing of onions to prevent shortages.
The government is planning to significantly ramp up the radiation processing of onions to create a buffer stock of 1,00,000 tonnes this year, as it aims to prevent shortages and price rises of the politically sensitive bulb, according to a top government official.
 

 Source:  economictimes.indiatimes.com
22 May, 2024 News Image Saudi Food Show returns with record-breaking second edition, doubling in scale.

The second Saudi Food Show, the largest global F&B sourcing event in the Kingdom, gets underway today 21 May 2024 at Riyadh Front, with the Saudi F&B industry on the cusp of huge growth. This year’s show, which runs until 23 May, will take place once again under the patronage of Saudi Arabia’s Minister of Industry and Mineral Resources, His Excellency Bandar bin Ibrahim AlKhorayef, with the Saudi Authority for Industrial Cities and Technology Zones (MODON) as Strategic Partner.


 Source:  foodtechbiz.com
22 May, 2024 News Image Growing the Future- PBFIA's 3rd Plant-Based Food Summit Focuses on Connecting for Change.

Presented by Ministry of Agriculture & Farmers Welfare (MoAFW), Ministry of Food Processing Industry (MoFPI), Agricultural and Processed Food Products Development Authority (APEDA), Food Safety And Standards Authority Of India (FSSAI), and Indian Chamber of Commerce, 3rd Plant-Based Foods Summit held on 21st May 2024 at Le Meridien, New Delhi. 


 Source:  krishijagran.com
22 May, 2024 News Image SEA asks Govt not to extend ban on de-oiled ricebran beyond July 31.
The Solvent Extractors’ Association of India (SEA), has appealed to the Government, not to extend ban on the export of de-oiled ricebran beyond July, 31.
 

 Source:  thehindubusinessline.com
22 May, 2024 News Image EU imported 359.3 million worth of honey in 2023.
In 2023,  EU members imported 163 700 tonnes of natural honey from extra-EU countries, worth €359.3 million. At the same time, just 24 900 tonnes were exported by the EU members outside the EU, valued at €146.0 million.
Compared with 2013, honey imports from outside the EU increased by 20% (from 136 300 to 163 700 tonnes) and exports to extra-EU countries rose by 14% (from 21 700 to 24 900 tonnes).

 Source:  ec.europa.eu
22 May, 2024 News Image Brazil drops rice tariffs after flooding hits key farming region.
Some rice farms have been left covered in water by three weeks of deadly flooding in the region, which produces 70 percent of the rice grown in agricultural powerhouse Brazil.
President Luiz Inacio Lula da Silva's government said the tariff exemption, which will be in effect through December 31, aims to ensure consumers do not face soaring prices for the staple food.

 Source:  france24.com
22 May, 2024 News Image Pulses imports from more countries likely.
India is aiming to import pulses from several countries including Brazil, Argentina, Australia and African countries to augment domestic supplies aimed at curbing inflation in pulses.
The government has removed import duties on several varieties of pulses – tur, urad (black matpe), masoor (lentils), yellow peas and bengal gram (desi chana).

 Source:  financialexpress.com
22 May, 2024 News Image Maharashtra alone accounts for 60 percent of mango exports.

In 1987-88, mangoes worth Rs.23 crore were exported. This figure has reached to 411 crores in 2023-24. This shows the popularity of mangoes in the global market. The government has also started providing necessary facilities to encourage mango exports.


 Source:  lokmat.com
22 May, 2024 News Image EU giving GI tag to India for basmati can hit Pakistan exports badly, says IPRI policy brief.

If the European Union (EU) gives the Geographical Indication (GI) for Indian basmati rice, Pakistan exports can considerably be hampered, says a policy brief prepared by the Islamabad Policy Research Institute (IPRI).


 Source:  thehindubusinessline.com
22 May, 2024 News Image Commerce ministry's draft strategy to negotiate future FTAs to be circulated among key departments soon.

The commerce ministry has prepared a draft comprehensive strategy for negotiating future Free Trade Agreements (FTAs) and it will be circulated to certain key departments soon to get their feedback, an official said. The draft strategy in the form of a Standard Operating Procedure (SOP) was recently discussed in a meeting involving former commerce secretaries, senior officers from different ministries and international trade experts.


 Source:  economictimes.indiatimes.com