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Apr 01, 2025 News Image India's export performance remains uninspiring amid weak global position
the government said that it aims to increase India’s exports of merchandise and services from $465.9 billion in 2013-14 to approximately $900 billion by 2019-20 and to raise India’s share in world exports from 2 per cent to 3.5 per cent. This financial year, goods and services exports together are expected to be around $780 billion and their share in global exports around 2.8 per
 Source:  business-standard.com
Apr 01, 2025 News Image Telangana begins exporting rice to the Philippines
Rice-surplus Telangana, which emerged as one of the top three rice-producing States in the country, has set its eyes on export opportunities to cash in on its huge rice reserves. To start with, it has exported its maiden consignment, comprising 12,500 tonnes of rice, to the Philippines on Monday.
 Source:  thehindubusinessline.com
Apr 01, 2025 News Image India, US hold trade talks; to work towards negotiating first tranche of FTA
Representatives of India's Department of Commerce and the Office of the U.S. Trade Representative held meeting in the national capital for four days beginning March 26 as a follow up to the two countries agreeing to expand bilateral trade to reach USD 500 billion by 2030, including through the conclusion of a Bilateral Trade Agreement (BTA).
 Source:  https://economictimes.indiatimes.com/
Apr 01, 2025 News Image India Fruit Exports Surge 47% in 5 Years: Govt
Replying to supplementaries during question hour, Minister of State for Commerce and Industry Jitin Prasada said the free trade agreements with the UAE and Australia have also helped increase exports of fruits to the UAE and Australia by 27 per cent and six per cent, respectively.
 Source:  money.rediff.com
Mar 28, 2025 News Image Steps on to secure GI tag for Mankuva cocoa.
Idukki’s Mankuva cocoa, a rare and premium variety of cocoa cultivated along the Chinnar river is now on its way to securing the prestigious Geographical Indication (GI) tag. Grown exclusively in the Konnathady and Vathikkudy panchayats, this cocoa variety has gained global acclaim for its unique quality and has put this small village on the world map of fine chocolate production.
 Source:  thehindu.com
Mar 28, 2025 News Image India-US trade pact to be good for both; our interests will be protected: Piyush Goyal.
The ongoing talks between India and the US for the proposed bilateral trade agreement (BTA) are progressing and will be 'good' for both the nations while protecting India's interests, commerce and industry minister Piyush Goyal said at the summit on Thursday. On whether Indian industry should brace for any turbulence after April 2, he said the India growth story will remain intact and the country would continue to power the global economy.
 Source:  economictimes.indiatimes.com
Mar 28, 2025 News Image PM Modi on 'deepening bilateral ties, boosting trade' with Belgium King.
Prime Minister Narendra Modi on Thursday spoke to King Philippe of Belgium, where he discussed the deepening of India-Belgium strong bilateral ties. PM Modi said that he appreciated the recent Belgian Economic Mission to India led by Princess Astrid. In a post on X, he said, 'It was a pleasure to speak with HM King Philippe of Belgium. Appreciated the recent Belgian Economic Mission to India led by HRH Princess Astrid.
 Source:  tribuneindia.com
Mar 28, 2025 News Image Pakistan growing Indian basmati rice varieties ‘illegally’, India tells EU.
India has told the European Union that Pakistan is 'illegally growing' Indian basmati varieties and has submitted proof of DNA tests done in an European lab regarding this. 'We had the DNA of Pakistan-grown basmati varieties tested in an European lab. It has shown results that they are Indian varieties grown illegally in Pakistan,' said a government official, who did not wish to be identified.
 Source:  thehindubusinessline.com
Mar 28, 2025 News Image Consumption of Coarse grains.
Ministry of Food Processing Industries (MoFPI) has been incentivizing setting up/expansion of Food Processing Industries including processing of millet-based products (Shree Anna) through its Central Sector Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) Scheme, Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) and Centrally sponsored PM Formalization of Micro Food Processing Enterprises (PMFME) scheme across the country including North Eastern States and Odisha. These schemes are not region specific but demand driven.
 Source:  pib.gov.in
Mar 28, 2025 News Image Govt approves procurement of 37.39 lakh tons of gram, lentils for 2025 rabi season.
The government has approved procurement of 37.39 lakh tonnes of gram and lentils, and 28.28 lakh tonnes of mustard for the 2025 rabi marketing season, Agriculture Minister Shivraj Singh Chouhan said on Thursday. The government will procure the commodities through central nodal agencies Nafed and NCCF under the Price Support Scheme (PSS), with Rajasthan, Madhya Pradesh and Gujarat being the major growing states.
 Source:  economictimes.indiatimes.com