-Livemint.com It is not just the low inflation reported in June which confirms a declining demand but also the macro fundamentals of the economy which belie any optimism of 7%-plus growth The second volume of the Economic Survey was presented on the last day of the monsoon session of Parliament on 11 August, preventing Parliament from holding a discussion on the state of the economy as outlined by the report. The second instalment,...
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APEDA to focus on fruits, vegetables -TV Jayan
-The Hindu Business Line Basmati, bovine exports have already plateaued New Delhi: With export earnings from basmati and bovine meat — the flagship agricultural and processed export sectors — hitting a plateau, the Agricultural and Processed Food Products Export Development Authority (APEDA) is exploring newer avenues, Chairman Devendra Kumar Singh said on Wednesday. According to data available with APEDA, export earnings from agricultural and processed food products have drastically dropped from $21.5 billion...
More »India is world's third-biggest beef exporter: FAO report
-IANS The total world beef exports in 2016 was 10.95 million tonnes and was expected to increase to 12.43 million tonnes by 2026, according to the FAO. United Nations: India is the world’s third-biggest exporter of beef and is projected to hold on to that position over the next decade, according to a report by the Food and Agriculture Organisation (FAO) and the Organisation for Economic Cooperation (OECD). OECD-FAO Agricultural Outlook 2017-2026...
More »Wholesale onion price surges 118% in two weeks -Tushar Pawar
-The Times of India NASHIK: The average wholesale price of onions has surged 118% over the past two weeks in Maharashtra, from Rs 571 per quintal on July 13 to Rs 1,250 on Thursday, an 18-month high. To stabilise the steady rise in the price of the kitchen staple, the Centre may increase its minimum export price (MEP). The Centre had withdrawn the $700/tonne MEP in December 2015 after a crash in wholesale...
More »Potential of farm exports not fully tapped, says study
-The Financial Express The domestic prices of key agricultural commodities were below the export-parity prices during most of the time in the decade 2004-2014, according to a new study by Icrier and World Bank. However, the export/import opportunities were not always used as restrictive trade policies played spoilsport; for instance in the 2007-08 global food crisis, though rising global prices made many Indian products export-competitive, rice and wheat exporters among others were...
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