In August 2021, the Indian tractor industry experienced a mixed trend. While exports reached a new high and total production remained above one lakh for the second month in a row, domestic sales fell during the month. The total domestic tractor production in August 2021 was 1,05,422...
During the present monsoon season, more than seven lakh farmers in Maharashtra have contacted insurance companies to report crop damage caused by excessive rainfall, according to officials. Crop insurance company officials must personally visit the farms to evaluate the damages, and the...
In order to halt the rise in edible oil prices, the central government reduced import duties on sunflower, soybean and palm, oils. With effect from today, September 11, the import duty and cesses on crude palm oil (CPO) will be 24.75% instead of 30.25%. It will be reduced to 35.75% from...
Tea Board of India has suspended the registration certificate of two large Tea estate factories and served necessary advisory notices to up to 98 other such factories throughout South India. According to M Balaji, the Tea Board Executive Director, ‘this arose as a result of the...
To help farm product exporters bear the burden of rising freight costs, the Centre has increased the rates of support under the transport and marketing assistance scheme and expanded its scope to include dairy products. According to an official release, ‘under the revised scheme...
