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Sugar export deals signed; Maharashtra federation asks millers to increase exports

With export deals signed for some 1.5 lakh tonne of sugar at the start of the season, the Maharashtra State Cooperative Sugar Millers Federation has urged millers in the state to export as much sugar as possible in the upcoming season of 2019-20. The National Federation of Cooperative Sugar Mills, too, has been advocating sugar […]

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India seeks safeguards in China-led trade pact

India wants safeguards to be built into a China-led trade pact to prevent a sudden surge in imports, the Indian trade ministry said on Wednesday as a new round of talks begin in Thailand. Negotiators for the 16-nation Regional Comprehensive Economic Partnership (RCEP) are in Bangkok this week for talks aimed at finalising the giant […]

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Government may set up Rs 6,000 crore fund for farmer bodies

The government is planning to set up a Rs 6,660 crore fund to nurture 10,000 farmer producer organisations (FPOs) across the country over the next five years, a promise made by finance minister Nirmala Sitharaman in the budget. These FPOs — organised groups of small and marginal farmers — will help farmers improve income through […]

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120 MoUs signed for exports to China

Private companies from India and China signed more than 120 MoUs for export of various products from India, including sugar, chemicals, fish, plastics, pharmaceuticals and fertilisers ahead of the meeting of Prime Minister Narendra Modi and Chinese President Xi Jinping in Mamallapuram on Friday. China is working to bring down its trade surplus with India. […]

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Government orders biggest review of GST since its launch

Two years after its launch, the government has begun the biggest review of GST-including a possible of resetting of rates along with a scrutiny of the slabs-to tone up collections and plug leakages.  The task has been assigned to a 12-member committee of state and central government officials to “augment GST collection and administration”, set […]

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Kharif crop to gain from wettest monsoon in 25 years.

The June-September monsoon season was the wettest in 25 years, delivering 10% excess rainfall in an erratic run that began with droughtlike conditions in June and ended with the wettest September in more than a century that has flooded fields and urban areas. The overall performance augurs well for a strong kharif, or summer-sown harvest, […]

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This wheat seed holds much promise.

A new variety of wheat seed developed by the country’s premier Indian Agricultural Research Institute (IARI) comes at a critical time when farmers, mostly across northern India, have to deal with increasing incidents of pest attacks which threaten to impact yield. Two of the key wheat varieties — HD2967 and HD3086 — also developed by […]

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Enough supply of seeds & fertilisers to meet rabi demand: Agri Min.

There is sufficient supply of seeds and fertilisers to meet the demand of farmers for the rabi sowing season beginning mid-November, according to an agriculture ministry official. The ministry has estimated the country’s total seed requirement at 149 lakh tonne and fertilisers at 319 lakh tonne for the rabi season of 2019-20 crop year (July-June). […]

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Startups key to $5 trillion goal: PM Modi.

Prime Minister Narendra Modi on Monday said innovation and the role of startups will be crucial to help India realize its goal of becoming a $5-trillion economy. Today, India is aspiring to become a $5 trillion economy. Your innovation, aspiration and application of technology will fuel this dream. It has become the bedrock of India’s […]

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India’s economy to be world’s 2nd fastest growing at 6%.

The UN trade agency has projected India’s growth rate for the current year to slowdown at 6 per cent from last year’s 7.4 per cent, but the country will be the world’s second fastest growing economy, lagging by just a tiny fraction behind China. The Trade and Development Report 2019 released by the UN Conference […]

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