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For paddy crop, Haryana govt puts ban on 10 insecticides for 60 days -Parveen Arora

-The Tribune Karnal: The state government has banned the sale, stock, distribution and use of 10 insecticides for 60 days. These insecticides are mostly used for Basmati paddy. The “residual effect” of these insecticides sometimes leads to the rejection of export consignments of Basmati rice. The banned insecticides include Acephate, Buprofezin, Carbendazim, Chlorpyriphos, Methamidophos, Propiconazole, Thiamethoxam, Tricylazole, Profenophos and Isoprothiolance. Last week, the Punjab Government had imposed a similar ban on 10 insecticides. The...

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Knee-Deep in Debt, Food Shortages, Depleting Foreign Reserves: How Did Sri Lanka Get Here?

-TheWire.in A foreign exchange crunch in Sri Lanka has led to a shortage of essential goods and power cuts that last up to 13 hours a day. New Delhi: Sri Lanka is grappling with the worst economic crisis in decades, which has spiked the prices of essential commodities like rice, milk powder, cooking gas and fuel. For instance, one kilogram of Basmati rice currently costs between Rs 300-800 as compared to around Rs...

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Two Basmati rice varieties help boost exports, farmers’ income -Sandip Das

-Financial Express Pritam Singh, who farms on 110 acres, including some land taken on lease, at Urlana Khurd village of Haryana’s Panipat district, has just sold his harvest of Basmati rice varieties — PB 1121 and PB 1509 — at the local mandi at Rs 3,800 and Rs 3,500 a quintal, respectively. Both the varieties, developed by the Indian Agricultural Research Institute (IARI), Pusa, Delhi, fetch farmers like Singh financial benefits in...

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India reaps high growth from agriculture, allied products in FY22 -Subhayan Chakraborty

-Moneycontrol.com An intense focus on securing market access abroad and promoting Indian goods saw dozens of new products including Himachali millets and Chandauli’s black rice being shipped from India to several new destinations such as the UAE, and Denmark India’s agriculture and allied exports grew at a brisk 21 percent in the first eight months of the current financial year despite broken supply chains and various challenges brought about by the COVID-19...

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Government bans futures trading in seven commodities

-MoneyControl.com India has suspended futures trading in seven commodities with immediate effect in its latest move to rein in soaring inflation. The Finance Ministry has suspended trading in futures contracts of some agricultural commodities for one year to reign in inflation. Trading in seven commodities - paddy (non-Basmati), wheat, chana, mustard seeds and its derivatives, soya bean and its derivatives, crude palm oil and moong - has been suspended with immediate effect, according...

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