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.
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.
Self-selecting programme like employment guarantee scheme, and investing more in public health care, school education and job-oriented training will be far more beneficial.
India home to almost 1/3 of 307 crore people who can't afford healthy diet worldwide, according to report released by UN Food and Agriculture Organization Wednesday.
The collusion between the new class of bureaucrats, politicians, businessmen and trade union bosses perpetuates itself partly because of the short-run benefits and partly because they see no way out of the system, wrote author MH Mody in 1980.
IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.
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