India has, for the fifth time, invoked the peace clause for exceeding the 10% ceiling on support it offered its rice farmers. The country informed the World Trade Organization (WTO) that the value of its rice production in 2022-23 was $52.8 billion while it gave subsidies worth $6.39 billion, which comes out to 12.1% as against the permitted 10%.
A survey commissioned by the Roller Flour Millers’ Federation of India forecasts a 3 per cent increase in India’s wheat production for the ongoing 2024-25 crop marketing year that started on April 1, projecting a total of 105.79 million tonnes (mt) compared to last year’s 102.9 mt.
ICAR-IIHR (Indian Institute of Horticultural Research) is now increasingly focusing on entrepreneurship development. The objective is to nurture and support individuals to create, innovate, and manage their own businesses effectively.
After hectic last-minute negotiations, India and the four-nation region of EFTA (European Free Trade Association) have come together in the newly inked Trade and Economic Partnership Agreement (TEPA). The negotiations took 16 years, resulting in a great deal of interest in what it finally contained.
