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What’s wrong with crop estimates that were off-mark last crop year -Subramani Ra Mancombu

-The Hindu Business Line Experts say current manual methods are error-prone, moot scientific process The advance crop estimate made by the Ministry of Agriculture and Farmers’ Welfare usually differs between the first and subsequent three ones before it comes out with the final estimate. However, the difference has seldom caused problems in the agricultural markets or led to complaints of not reflecting what the trade has felt is the ground reality. But some...

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Centre weighs ban on rice exports -R Suryamurthy

-The Telegraph Officials said the government is weighing up the option of some kind of restrictions on the shipments of rice New Delhi: After wheat, the Centre is mulling curbs on rice exports as the acreage under the crop this season has shrunk about 13 per cent over the previous year because of deficient rains in key rice-growing states — leading to a rise in the price of the foodgrain. Analysts said the...

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DGFT issues RCs for 1.6 mn tonne wheat export after May 13 ban order

-PTI/ The Hindu Business Line Registration certificates of wheat to Exporters having valid letter of credit The commerce ministry's arm Directorate General of Foreign Trade (DGFT) has issued registration certificates for about 1.6 million tonne of wheat to Exporters having valid letter of credit, after the ban order of May 13, an official said. The government is allowing wheat shipments for which irrevocable letters of credit (L/C) were issued on or before May...

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High in pesticides, many countries send back Indian tea

-PTI/ Hindustan Times All teas sold in the country must conform to the Food Safety and Standards Authority of India (FSSAI) norms. However, most of the buyers are purchasing tea that have unusually high chemical content, Kanoria told PTI. Both international and domestic buyers have rejected a series of tea consignments due to the presence of pesticides and chemicals beyond permissible limits, Indian Tea Exporters Association (ITEA) chairman Anshuman Kanoria said on...

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Trucks laden with wheat stuck on Bangladesh border -Soumya De Sarkar and Main Uddin Chisti

-The Telegraph Customs accused of blocking grain’s movement on premise of export bar Malda/ Cooch Behar: Hundreds of trucks laden with around four lakh tonnes of wheat meant for export to Bangladesh have been stuck at land ports in Bengal for at least three weeks as customs authorities are allegedly refusing their onward journey. The Exporters are worried that delay in the transportation of the wheat will cause them losses of crores of...

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