Finance minister Nirmala Sitharaman Monday met Singapore President Tharman Shanmugaratnam and Prime Minister Lawrence Wong to take forward bilateral strategic partnership.
India and Australia held discussions on a wide range of issues, including goods, services and digital trade, during their tenth round of negotiations for a Comprehensive Economic Cooperation Agreement (CECA), the government said Sunday.
The Food Processing (FP), sector has become a key component of the Indian economy, significantly contributing to GDP, employment, and exports. According to a Ministry of Food Processing Industries report, the FP sector has grown at an Average Annual Growth Rate (AAGR), of approximately 7.26% in the last few years. The sector's Gross Value Added (GVA), has risen from Rs 1.30 lakh crore in 2013-14 to Rs 2.08 lakh crore in 2021-22.
Australia, which has been partnering with India to boost agricultural productivity for four decades, is now looking to scale up its engagement in the ag-tech arena.
The Food Safety and Standards Authority of India (FSSAI) on Thursday asked food business operators (FBOs) and e-commerce players to remove all claims of A1 and A2 types of milk and milk products from all packaging.
In an effort to revolutionise Uttar Pradesh’s agriculture sector, the state government is upgrading existing agricultural clusters and establishing new ones for a diverse range of fruits and crops.
India defended its minimum support price programme for procuring domestic foodgrain at a World Trade Organization (WTO) meeting, saying it not only ensured food security but also kept global food prices from surging in the backdrop of the Ukraine war.