GUWAHATI A February 26 gazette notification making it mandatory for producers to sell 100% of their dust teas through public auction was against the government’s much-vaunted policy of ease of doing business, a body of tea planters and producers said in a letter to Commerce and Industry Minister Piyush Goyal. The North East Tea Association...
Category: Uncategorized
Potato traders threaten strike from December 3 if West Bengal doesn’t allow selling to other States
Potato traders of West Bengal threatened to go on strike on Tuesday (December 3, 2024) if the State government does not lift restrictions on selling to other States. West Bengal recently re-imposed curbs on selling potatoes to neighbouring states in an effort to control the prices in the local markets. Potatoes are retailing at ₹35-40...
Incubation centres for bamboo-based startups in Northeast soon
GUWAHATI A Sikkim-based university, focussing on industry-immersive education, has collaborated with the North East Cane and Bamboo Development Council (NECBDC) to promote bamboo-based startups and drive innovations in the bamboo industry. “The partnership entails establishing incubation centres to support such start-ups and research and development centres to scale up bamboo-based solutions and advance sustainable harvesting...
Paddy procurement in Punjab going on smoothly, says Centre
Amid complaints and protests by farmers’ organisations in Punjab that paddy procurement from the State has been delayed, the Centre said on Saturday (November 9, 2024) that the Food Corporation of India (FCI) and the State agencies have procured 120.67 lakh metric tonnes (LMT) paddy from the State. Watch | What is Minimum Support Price?...
India needs to hike domestic fertiliser output to offset unstable market: Economist
Senior Economist of the Food and Agriculture Organization (FAO) of the United Nations, Nicholas Sitko, said India has to increase its own fertiliser production capacity as the situation in Ukraine and West Asia is likely to remain unstable. Dr. Sitko, who was in New Delhi in connection with a discussion on FAO’s report ‘The Unjust...
Centre sends train with 1,600 tonnes onions to Delhi to ease prices
Union Consumer Affairs Secretary Nidhi Khare has said on Thursday (October 17, 2024) that the Centre will distribute 1,600 tonnes of onions in the northern region to address the rising prices ahead of the festival season. The supply situation of tomatoes is also set to improve in the coming days with increased arrivals from Maharashtra...
Centre increases MSP for wheat, five other rabi crops
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday increased the Minimum Support Price for rabi crops for the next marketing season of 2025-26 with the MSP for wheat going up by ₹150 per quintal. The new MSP for a quintal of wheat is ₹2,425 in comparison to ₹2,275 per quintal, which was in place...
Funds trim bearish CBOT soybean bets awaiting Brazil rains
Ample global supplies have kept speculators on the short side of the Chicago grain and oilseed markets so far this year, though droughts across many key exporters are now giving bears some pause. Top soybean exporter Brazil is amid one of its worst-ever droughts, which is slowing the early planting efforts. Weather models have yet...
UAS Dharwad to host Krishi Mela from September 21
The 34th Krishi Mela will be held in the University of Agricultural Sciences (UAS) in Dharwad from September 21 to 24. This year’s theme is `Agricultural technologies for management of climate change’. The university expects around 15 lakh visitors to the four-day fair. Chief Minister Siddaramaiah will inaugurate the Krishi Mela on September 22 at...
Government’s subsidised onion sale brings relief, prices drop in major cities
The government’s subsidised onion sale initiative, launched on September 5, has led to price drops in major cities within days, the consumer affairs ministry said on Saturday (September 14, 2024). In Delhi, retail onion price fell from ₹60 to ₹55 per kg, while Mumbai saw a decrease from ₹61 to ₹56 per kg. In Chennai,...
