India will export 8,606 tonnes of raw cane sugar to the US in 2024 The government announced on Wednesday that it will export 8,606 tonnes of raw cane sugar to the United States under the tariff-rate quota (TRQ) scheme in fiscal year 2024. Customs duties on TRQ shipments are relatively low...
India’s wheat output could reach a new high of 114 million tonnes A top food ministry official said on Wednesday that wheat production is expected to reach a new high of 114 million tonnes in the current crop year 2023-34, assuming normal weather conditions. The final leg of wheat...
Why have onion prices dropped over the last three weeks? On December 8, the central government banned onion exports until March 20, 2024. As a result, onion prices fell by more than 60 percent in less than three weeks. The government stated that the delay in kharif arrival and the...
22 MSMEs are benefiting from the PLI scheme to manufacture millet-based products According to the Ministry of Food Processing Industries, approximately 30 companies, including 22 MSMEs, are taking advantage of the Production-Linked Incentive (PLI) scheme to manufacture millet-based...
The government purchased 25,000 tonnes of onion as a buffer stock, keeping domestic prices stable. Consumer Affairs Secretary Rohit Kumar Singh announced on Monday that the government has purchased 25,000 tonnes of onion grown in the 2023 kharif season to maintain a buffer stock. The...
