The commerce department has stepped in to work out a long-term solution to the credit woes of exporters, especially the smaller players, who are complaining of lack of access to finance with banks and RBI remaining mere spectator.
The Prime Minister, Shri Narendra Modi launched various initiatives related to the agricultural and animal husbandry sector worth around Rs 23,300 crore in Washim, Maharashtra today. The initiatives include disbursing the 18th installment of the PM-KISAN Samman Nidhi, launching the 5th installment of NaMo Shetkari Mahasanman Nidhi Yojana, the dedication of more than 7,500 projects under the Agriculture Infrastructure Fund (AIF), 9,200 Farmer Producer Organizations, five solar parks across Maharashtra with a total capacity of 19 MW and the launch of Unified Genomic Chip for cattle and indigenous sex-sorted semen technology.
The Telangana government’s decision to offer a Rs.500 bonus per quintal of superfine paddy varieties has spurred a significant increase in the paddy area. Farmers are attracted by the promise of additional income, with the government anticipating that the paddy area will surpass the usual 23 lakh hectares for the kharif season.
The beverage industry has urged the Food Safety and Standards Authority of India (FSSAI) to allow them to make '100 per cent' juice claim in products that have no 'added sugar'.
Following the success of the UP International Trade Show-2024 (UPITS-2024) held recently at India Expo Mart, Greater Noida, UP government is now under plan to host similar trade shows at the divisional level across the state.
Union Minister of Commerce and Industry, Piyush Goyal, on Friday stated that US-India relations are expanding across various sectors, including trade, technology, and investment.
In a significant move to enhance agricultural productivity and ensure food security, the Union Cabinet approved the proposal from the Department of Agriculture & Farmers Welfare (DA&FW) to rationalise all Centrally Sponsored Schemes (CSS) under the Ministry of Agriculture and Farmers’ Welfare. This new structure will consolidate these schemes into two umbrella initiatives: the Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) and the Krishonnati Yojana (KY).