Government does not intend to impose MEP on any agricultural commodity. Commerce Ministry

The minimum export price (MEP) for all agricultural products is “strictly” not planned, the administration announced on Friday. Department of Commerce’s Additional Secretary, stated that the government has no plans to investigate the export of any agricultural products. Just to be clear, the government does not intend to assess all agricultural products from an export…

Read More

6,200 farmers received training in sustainable castor project

Project Pragati, the sustainable castor programme being implemented over the past six years in Gujarat, has taught, audited, and certified over 6,200 farmers. By utilising sound agricultural methods to boost productivity and income, Pragati was established in May 2016 by Arkema, BASF, Jayant Agro Organics, and implementation partner Solidaridad. Its goal is to enable sustainable…

Read More

Exports of Agri products increased by 25% to $13.8 billion in the first half of FY23

Major agricultural and processed food exports, which are supported by the Agricultural and Processed Food Products Export Development Authority (APEDA), increased by a quarter to $13.77 billion (1,07,942 crore) in H1 FY23 from $11.06 billion in the same period last year. APEDA products exported a record $25.6 billion in FY22, exceeding the target. Wheat, pulses…

Read More

Average daily turnover of NCDEX increased 47% despite trading suspension on crucial commodities

The National Commodity and Derivatives Exchange has reported a 47% increase in average daily turnover at ₹1,857 crore in the financial year ended March 2022 against ₹1,261 crore reported in the last year. This was mostly driven by hike in agriculture commodity prices last year due to supply chain disruptions. The growth was despite suspension…

Read More