Food Government News

Govt Ensures Sufficient Sugar Availability, Boosts Domestic Markets

The Department of Food and Public Distribution (DFPD) in India has lauded the Government’s prompt actions, leading to a substantial availability of sugar at reasonable prices across the country. While speaking to ANI, Secretary of DFPD, Sanjeev Chopra informed that as the current Sugar Season (Oct-Sep) 2022-23 approaches its end on 30 September 2023, India […]

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Food Government National News

Govt Sells Wheat And Rice Through OMSS To Bring Down Prices

The central government has sold 1.66 lakh metric tonne (LMT) wheat and 0.17 LMT rice through the Open Market Sale Scheme (D) in an e-auction held on 06 September 2023. The Ministry of Consumer Affairs, Food and Public Distribution in a statement said that a quantity of 2.0 LMT wheat from 500 depots and 4.89 […]

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Food News

Price Increase of Tomatoes Create Windfall For Farmers

Some Indian farmers are becoming wealthy thanks to an eight-fold increase in tomato prices, but their windfall gains might not last long given that supplies are projected to increase in the coming weeks. According to data gathered by the food ministry, tomato retail prices were Rs 178 ($2.20) per kilogramme in Delhi on Sunday, up […]

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Government News

Govt To Procure 521 Lakh Tonnes of Kharif Rice

A quantity of 521.27 lakh tonne rice has been estimated for procurement during the forthcoming Kharif marketing season 2023-24 as against the previous year’s estimates of 518 lakh tonne, an official release from the ministry said Wednesday. Wherein 496 lakh tonne was actually procured during the 2022-23 season. During 2023-24, the leading States in terms […]

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Export News

Windfall Profit Tax Leads To Decline In Diesel And Petrol Exports

Official data revealed that India experienced an 11 per cent decrease in diesel exports and a 4.5 per cent drop in petrol exports during July. This decline was attributed to the implementation of a windfall profit tax by the government on such sales. According to the Petroleum Planning and Analysis Cell (PPAC) under the Oil […]

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Export Food Government News Retail

Govt Imposes 40% Duty On Onion Exports To Check Price Rise

The government on Saturday imposed a 40 per cent duty on the export of onions to check price rise and improve supplies in the domestic market till 31 December 2023. Earlier today, the Finance Ministry issued a notification stating that they have imposed a 40 per cent export duty on onions till December 31, 2023. […]

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News States

Chilli Farmers In Punjab Get relief As Govt Fixes Price of Chilli Seed, Allows Them To Buy From Multiple Sellers

Giving support to the long standing demands of the chilli farmers in the state, the Punjab government has fixed the price of chilli seed at Rs 33,200 per kg. The government has also announced that the farmers can purchase it from multiple seed sellers of the state. According to media reports, before the introduction of […]

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Government News

India Concludes Mega Oil Palm Plantation Drive To Boost Domestic Production

The ‘Mega Oil Palm Plantation Drive’, which commenced on July 25, where State governments along with oil palm processing companies participated, concluded on Saturday. The plantation drive was aimed to promote and increase oil palm cultivation. The government believes this will further assist in achieving the target of bringing an additional area of 6.5 lakh […]

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Export Government National News

India’s Ayush And Herbal Exports Reach $1.24 Billion In 2 Years

India has exported a total of 1,240.6 million dollar Ayush and Herbal products in last two years (2021-2022 to 2022-23), the Central government told the Rajya Sabha on Tuesday. A total of 612.1 million dollar Ayush and Herbal products were exported in 2021-2022 while 628.25 million dollar Ayush and Herbal products were exported in 2022-2023, […]

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E-commerce & Marketplaces Government News

Govt To Release Draft Ecommerce Policy In Coming Weeks

The Central government is expected to come out with the much-awaited draft of the e-commerce policy. Union Commerce Minister Piyush Goyal on Wednesday held the final round of consultations with industry representatives from Amazon, Flipkart, Tata Digital and more. Consumer Affairs Secretary Rohit Kumar Singh and Secretary, Department for Promotion of Industry and Internal Trade […]

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