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Apr 24, 2025 News Image Tur procurement continues in major Tur producing states.
In order to incentivize the farmers contributing for the enhancement of domestic production of pulses and to reduce the dependence on imports, the Government has approved the procurement of Tur, Urad and Masur under Price Support Scheme (PSS) equivalent to 100% of the production of the state for the procurement year 2024-25. The Government has also made an announcement in Budget 2025 that the procurement of Tur (Arhar), Urad and Masur would be undertaken 100% of the production of the State for another four years up to 2028-29 through Central Nodal Agencies namely NAFED and NCCF to achieve self- sufficiency in pulses in the country.
 Source:  pib.gov.in
Apr 24, 2025 News Image Indian govt reiterates it will buy 100% of pigeonpeas produced by farmers at MSP.
The Indian government has reiterated that it will procure 100 per cent of the tur (arhar or pigeonpeas) produced by farmers at the minimum support price (MSP) of Rs. 7,550 a quintal. The reiteration comes as the Centre extended the procurement timeline in Andhra Pradesh by a month for the pulse crop. In a statement, the Agriculture Ministry said the procurement at MSP through National Agricultural Cooperative Marketing Federation of India Ltd (Nafed) and National Cooperative Consumers’ Federation of India Ltd (NCCF) was in progress in Andhra Pradesh, Gujarat, Karnataka, Maharashtra and Telangana. A total quantity of 3.92 lakh tonnes of tur has been procured in these States, benefitting over 2.56 lakh farmers.
 Source:  thehindubusinessline.com
Apr 24, 2025 News Image India first to seal trade pact terms with Trump 2.0 as talks set to begin.
India and the US have finalised the terms of reference for the proposed Bilateral Trade Agreement (BTA), laying a platform for formal negotiations to start. This is the first such framework finalised by the new Donald Trump administration for a trade deal.
 Source:  economictimes.indiatimes.com
Apr 24, 2025 News Image RBI provides relaxation for exports through warehouses in Bharat Mart in UAE.
The Reserve Bank on Wednesday relaxed norms to facilitate export through warehouses in 'Bharat Mart', a multimodal logistics network-based marketplace in the United Arab Emirates, that will provide Indian traders, exporters, and manufacturers access to the markets around the world. In a circular, the RBI said banks may allow exporters to realise and repatriate full export value of goods exported to 'Bharat Mart' within nine months from the date of sale of the goods from the warehouse.
 Source:  economictimes.indiatimes.com
Apr 23, 2025 News Image Indian rice trade wants export price to Bangladesh increased.
The interim government in Bangladesh has allowed exports of aroma rice after a year-and-a-half, leading to a section of Indian exporters demanding that New Delhi hike it rice shipment prices to Dhaka. 'After 7 years, the Bangladesh government has given a quota to export its special rice variety, which could affect Indian speciality rice varieties such as Sona Masuri, Jeera Kasala and premium non-Basmati rice,' said a New Delhi-based exporter.
 Source:  thehindubusinessline.com
Apr 23, 2025 News Image Farmers' Income, Agriculture Focus: Chouhan.
Asserting that agriculture is the backbone of the Indian economy, Union Minister Shivraj Singh Chouhan on Tuesday said the Centre's constant endeavour is how to improve agriculture and increase farmers' income. The agriculture sector, along with other related sectors, is going to play a key role to realise Prime Minister Narendra Modi's vision of 'Viksit Bharat'" (developed India) by 2047, the Agriculture and Farmers' Welfare Minister said at an event in Karnal, Haryana.
 Source:  money.rediff.com
Apr 23, 2025 News Image A good monsoon: Despite a dwindling share, agriculture could buttress India’s growth projections amid rising global risks.
Amid the uncertainties and disruptions resulting from the ongoing global tariff war, India’s growth prospects seem to be at risk. Concerns have been raised over the future trajectory of capital expenditure and private sector investment for India, as the impact of a slowing global economy will make its way to domestic shores, sooner or later. But, there is a silver tint in the clouds of doubt — a good projection for the monsoon that augurs well for agriculture.
 Source:  indianexpress.com
Apr 23, 2025 News Image Iran, India set to expand agricultural trade ties beyond $1b.
Iran and India are poised to enhance their agricultural trade volume beyond the current $1.0 billion, as announced by Iran’s Agriculture Minister Gholamreza Nouri Ghezeljeh following a meeting with India's Agriculture Minister Shivraj Singh Chouhan during the BRICS agriculture ministers’ summit in Brazil. The ministers reviewed previous agreements and reaffirmed their countries’ longstanding cultural, historical, and economic ties. Nouri Ghezeljeh expressed appreciation for India’s support in facilitating Iran’s membership in BRICS and noted that bilateral cooperation is entering a new phase.?
 Source:  tehrantimes.com
Apr 23, 2025 News Image Tamil Nadu govt. to apply for GI tag for tamarind from Dharmapuri.
The Tamil Nadu government will take steps to explore the possibility of getting a Geographical Indication (GI) tag for a tamarind variety from Pennagaram in Dharmapuri district, Minister T.M. Anbarasan said in the Assembly on Tuesday (April 22, 2025). Listing the requirements for obtaining a GI tag for a product, the Minister said Tamil Nadu ranked second among the States, with 69 GI tags.
 Source:  thehindu.com
Apr 23, 2025 News Image Amid an ongoing tariff war, it’s not all roses for India’s flower exports.
It’s not looking all rosy for India’s flower exports, as the Trump tariffs are expected to weigh on this category, aside of big-ticket export items such as steel, aluminium and auto components, a Moneycontrol analysis has shown. US was the top importer of cut flowers from India, accounting for nearly a third of India’s overall flower exports in 2024-25. Of the $18.5 million worth of flowers exported in the first 10 months of FY25, around $5.5 million headed to the American shores, with another $3.1 million going to the United Arab Emirates and $2.7 million to Malaysia. Together, the three nations have a 60 percent share in India’s exports of cut and fresh flowers.
 Source:  moneycontrol.com