The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Surplus wheat will be sold at Rs 2,325 per quintal & rice at Rs 2,800 per quintal — lower than current market rates. Open market sale is aimed at regulating domestic supply & prices.
Modi govt Wednesday announced that it is providing foodgrains free of cost to over 80 crore people under PMGKAY for a period of one year, starting from January of this year.
After Bharat Dal in July, Modi govt Monday launched Bharat Atta, a brand under which it will sell subsidised wheat. Economists say it will likely be forgotten after 2024 elections.
India has been asked basic questions such as why it hasn’t yet notified WTO of the decisions, why adequate notice wasn’t given, how long restrictions will be in place & why they were needed.
Pact allowed Ukraine to safely export grain, oil, fertiliser through its ports along Black Sea. Moscow has said it will only renew its participation once its demands are met.
The concern is not that 2025’s rally was irrational, but that it may be difficult to repeat. Outlooks remain anchored to AI investment and growth without reigniting inflation.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
It’s great how much rice we can generate but the reality is that we are still producing less than we can. Most farmers don’t adapt to new techniques for various reasons.
Some do. Some farmers actually switch to cash crops depending on the local demand. I have seen farmers growing avocados in this country which is great and very smart. Hopefully everyone thinks about how they can make more money and not depend on government subsidies.
It’s great how much rice we can generate but the reality is that we are still producing less than we can. Most farmers don’t adapt to new techniques for various reasons.
Some do. Some farmers actually switch to cash crops depending on the local demand. I have seen farmers growing avocados in this country which is great and very smart. Hopefully everyone thinks about how they can make more money and not depend on government subsidies.