-PTI CHANDIGARH: Paddy procurement in Haryana has risen by 6 per cent to 41.83 lakh tonnes (LT) in the ongoing procurement season so far. Last season, 39.40 LT of the crop arrived in the corresponding period. The government agencies purchased 34.28 LT of paddy, whereas over 7.55 LT of paddy have been purchased by millers, a Food and Supplies Department spokesman said. He said that Food and Supplies Department has purchased 14.30 LT of...
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Pakistan to Seek Thailand, Vietnam Support Against India’s Food Security Law at WTO
-Oryza.com Pakistan will not allow India to get an approval of World Trade Organization (WTO) members for its Food Security Law which the Pakistan government claims is market distorting. According to local sources, the Pakistan government is seeking support of other rice exporters, Thailand and Vietnam, to prevent India from getting a legal subsidy on rice exports in the next WTO meeting to be held in December 2013. According to local sources,...
More »Food Ministry for cut in wheat export floor price to $260/tonne
-PTI NEW DELHI: The Food Ministry has moved a Cabinet note proposing a reduction in the floor price of wheat by USD 40 at USD 260 a tonne to make exports viable and clear surplus stocks. The revision in reserve price has been proposed as global buyers quoted USD 260-267 a tonne for recent bids, as against the benchmark price of USD 300 a tonne set for export of two million tonnes...
More »India set for bumper winter crops in wake of monsoon rains
-Reuters NEW DELHI/MUMBAI: India looks set for bumper harvests of winter crops such as wheat, chickpeas and rapeseed in the wake of a strong monsoon that has left the soil moist and topped up reservoirs. The crops will follow bountiful summer harvests of rice and soybeans due to the rains, with New Delhi looking to boost agricultural growth to cool double-digit food inflation and revive a slowing economy as manufacturing struggles. With next...
More »India buys land abroad, 9 times the size of Delhi -Snehal Rebello
-The Hindustan Times Mumbai: Indian companies have acquired land more than nine times the size of Delhi on foreign shores, as cultivable land at home is lost to urbanisation, industry and infrastructure projects. Land Matrix, a global land monitoring initiative that tracks land dealings worldwide, placed India among the top 10 countries that have acquired large tracts of land abroad, primarily for agriculture, in Africa and Asia. The country ranks eighth,...
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