-Hindustan Times Indian fertiliser and chemical companies have also accelerated investments in several mineral rich North African nations so as to hedge against price spirals and volatility. New Delhi: India is on the verge of signing long-term deals with several countries to secure fertilizer imports, critical for food security amid increasing geopolitical uncertainties , a government official said, requesting anonymity. Union chemicals and fertilisers minister Mansukh Mandaviya is set to travel to Morocco...

-Deccan Herald One of the proposals under debate at Montreal is a call for slashing harmful subsidies by at least $500 billion annually from the estimated $ 1.8 trillion India has sought more public finance to protect its biodiversity and strongly opposed proposals to reduce subsidies on fertilisers and pesticides for the sake of biodiversity, asserting that the livelihood of hundreds of millions of farmers in the developing world depend on farming.  “Our...

-The Hindu Business Line World over rice production is likely to fall due to a combination of drought and floods Three developments over the past couple of months have put the global rice market in focus. First, the India curbed rice exports by banning shipments of fully broken rice and imposing a 20 per cent duty on white rice exports. Second, Union Minister of Agriculture and Farmers Welfare Narendra Singh Tomar told the...

-The Hindu Business Line Farmer Producer Organizations (FPOs) is the new buzzword among development professionals and NGOs — both public and private! Everyone wants to mobilise the community and establish FPOs. Farmer Producer Organizations (FPOs) is the new buzzword among development professionals and NGOs — both public and private! Everyone wants to mobilise the community and establish FPOs. FPOs present the power of aggregation, farmers’ come together, form an organisation, which collectively buys...

There is some respite expected for India in terms of prices of imported commodities. This may ease the depletion of its foreign exchange reserves. The country has faced a widening of its merchandise trade deficit from US$ -17.91 billion to US$ -26.91 billion between October 2021 and October 2022. The commodity price data provided by the World Bank in December 2022 (termed as The Pink Sheet) shows that energy prices plummeted by...