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May 07, 2025 News Image Centre drawing up new plan to push exports of farm goods & processed foods.
The government is committed to reducing logistical barriers and enhancing market access for Indian agri and processed food products, Commerce Secretary Sunil Barthwal said at a high-level Chintan Shivir, organised by the Agricultural & Processed Food Products Authority (APEDA) here on Sunday. In his address, Barthwal pointed out that 'Academia and research institutions must be a part of multisectoral consultations so that research and development can be a major focus for innovation and sustainability in agri exports'.
 Source:  thestatesman.com
May 07, 2025 News Image Most comprehensive trade deal India has negotiated, to be the template for future engagements: Commerce Ministry.
The India-UK trade deal is significant in being the most comprehensive free trade deal that New Delhi has entered into so far and could serve as the template for future trade engagements, including the multiple bilateral deals currently under negotiation. These include the complex trade deal under discussion with the 27-nation European Union and the fast-tracked deal being negotiated with the US.
 Source:  indianexpress.com
May 07, 2025 News Image India, UK seal free trade deal; PM Modi calls it 'historic milestone'.
After nearly three and a half years of intense negotiations, India and the United Kingdom (UK) on Tuesday announced the conclusion of talks for a free trade agreement (FTA) that will boost strategic and economic ties between the fifth- and sixth-largest economies in an era of geopolitical uncertainties and trade wars. The trade deal, once implemented, may make import of whisky, gin, automobiles, medical devices, electrical machinery, cosmetics, soft drinks, chocolates, and lamb cheaper for India. It will also lead to significant increase in export competitiveness of Indian shipments in the UK for sectors like textiles, toys, leather, marine products, footwear, and gems & jewellery. Sensitive items like dairy products, apples, cheese, etc, have been excluded from any duty concession by India to protect its farmers.
 Source:  business-standard.com
May 07, 2025 News Image UP plans to set up research centre on Kalanamak GI rice with IRRI.
After successfully getting an exemption for Kalanamak rice, a traditional non-basmati aromatic variety accorded Geographical Indication tag, from export ban last year, the Uttar Pradesh government plans to set up one 'Kalanamak Rice Research Centre' in Siddharthnagar district in collaboration with International Rice Research Institute (IRRI) to further strengthen scientific research and innovation.
 Source:  thehindubusinessline.com
May 07, 2025 News Image India gets duty-free access in key sectors like textiles, leather, processed food in UK trade pact.
Indian exports such as textiles, leather, footwear, and processed foods will attract nil duty in the UK under the free trade agreement between the two countries, offering a major boost to labour-intensive sectors. India and the UK clinched a 'landmark' trade deal that will remove taxes on the export of labour-intensive products such as leather, footwear and clothing, while making imports of whisky and cars from Britain cheaper, in a bid to double trade between the two economies to USD 120 billion by 2030.
 Source:  economictimes.indiatimes.com
May 07, 2025 News Image India, UK FTA: No duty concessions on British dairy products, apples, cheese.
India will not give any import duty concessions to the UK on sensitive agricultural items such as dairy products, apples, and cheese under the free trade agreement, an official said on Tuesday. The official said about 10 per cent of the tariff lines are in the sensitive items list. India and the UK on Tuesday announced conclusion of negotiations of the free trade agreement (FTA), talks for which was started in January 2022.
 Source:  economictimes.indiatimes.com
May 07, 2025 News Image Trade liberalisation on MFN basis with WTO nations to aid India: ADB's chief economist Albert Park.
India's proposed trade liberalisation, including likely tariff reductions in the under-negotiation trade deal with the US, could be 'actually beneficial' to the country, as per Asian Development Bank's chief economist Albert Park. However, he said, this rationalisation should be done on the most favoured nation (MFN) basis that requires equal treatment for all WTO members on trade issues.
 Source:  economictimes.indiatimes.com
May 07, 2025 News Image India has agreed already to drop its tariffs to nothing: President Trump.
US President Donald Trump on Tuesday said India has 'agreed' to drop its high tariffs 'to nothing'. 'I mean, India as an example, has one of the highest tariffs in the world. We're not going to put up with that, and they've agreed already to drop it. They'll drop it to nothing. They've already agreed. They would have never done that for anybody else but me,' Trump told reporters in the Oval Office.
 Source:  economictimes.indiatimes.com
May 06, 2025 News Image CM Dhami and Union Minister Shivraj Chouhan review agriculture, rural schemes in Uttarakhand.
Uttarakhand Chief Minister Pushkar Singh Dhami and Union Agriculture and Farmers Welfare and Rural Development Minister Shivraj Singh Chouhan held a key meeting on Monday to review the implementation of various Central government schemes under the Agriculture and Rural Development Departments in the state. Chief Minister Dhami welcomed the Union Minister to the state and expressed his gratitude for the Centre's continued support towards strengthening the agriculture and rural sectors in Uttarakhand.
 Source:  timesofindia.indiatimes.com
May 06, 2025 News Image Magic of millets: Transforming agriculture.
As the world is shifting its attention to sustainable agriculture, millets are gaining limelight as a promising alternative to paddy production in India. The 6.2% compound annual growth rate (CAGR) of millets globally, and the remarkable 16% CAGR of millet in India from 2024 to 2030, validate it. With the growing popularity of millets, the time is ripe for policymakers to boost millet production. However, for an effective transition, it is imperative to get farmers on board and excited about the change.
 Source:  financialexpress.com