Search Result for : Agri Business

The Dollar Business Bureau The Commerce and Industry Ministry will soon bring in a policy framework for facilitating access to global markets for the Indian agriculture produce, Union minister Suresh Prabhu said while addressing an agri summit. Prabhu, who took charge as Commerce and Industry Minister recently, said that his ministry will work on developing global supply chain for the agriculture sector.  Addressing the agri summit the minister said that multilaterally there is also need to work on removing trade restrictions with an aim to boost Indias agri exports. "If they (farmers) produce something, they (should) get an access to global market and get better prices for that, and for that we will put in place a good policy framework very soon," Prabhu said. "We have ...

The Dollar Business Bureau The Union Cabinet on Wednesday has given its nod for the pact to be signed between India and Kyrgyzstan for cooperation in the area of agriculture and food-related sector.  “The Union Cabinet, chaired by the Prime Minister, Narendra Modi has approved the proposal of the Ministry of Agriculture and Farmers Welfare for Signing of an Agreement between India and Kyrgyzstan on cooperation in the field of agriculture and food related industry,” an official release said. The proposed pact will come into effect from the date of signing and would be for a 5-year period.  “The proposed agreement between the two countries covers several activities in the areas of agriculture and related sector,” it added.  The pact also provides for creating a 'Joint ...

 Himanshu Vatsa | The Dollar Business The government has no records of exports and other details about 60 Agri Export Zones (AEZs) set up in various states. In order to promote India’s exports of processed agricultural products, AEZs were set up under several schemes of the Agricultural and Processed Food Products Export Development Authority (APEDA). These facilities have been set up in 20 states covering more than 230 districts. The project covers 35 crops including fruits, vegetables, spices, cashew, tea, basmati rice, medicinal plants, and pulses. The total investment under the AEZ programme by all agencies stands at Rs 1, 724 crore, including private investments of Rs 970 crore. “As on March 2012, all the 60 AEZs in 20 states ...

The Dollar Business Bureau On Friday, US Ambassador to India Richard Verma met Union Agriculture Minister Radha Mohan Singh and discussed issues of mutual cooperation and ties to ensure world food security. The Agriculture Minister expressed interest in the technology used by the US for weather forecasting to improve preparedness as well as redressal of problems caused by natural calamities, said a PIB release. The two countries emphasised on transforming the structure of the cooperation vis-à-vis the current scenario, which needs changes in the agreement signed in 2010 in the agriculture and allied sectors. Both the countries agreed to focus on their cooperation in agriculture and take immediate steps for renewing the MoU signed in 2010 at the earliest. The two parties ...

The Dollar Business Bureau A pitch for the deployment of technology in the Agriculture sector was made in a recent report by The Associated Chamber of Commerce & Industry’s (ASSOCHAM) report. The ASSOCHAM-Skymet paper made out a case for the technology intervention in solving the problems of small and marginal farmers. The paper referred to the government’s moves towards providing all-out support with advanced technologies and means which include the use of Drones and Unmanned Aerial Vehicles (UAV). “Drones are quickly moving from the battle field towards the farmer's field and are on the verge of helping growers oversee millions of acres, thereby saving big money for them in the process,” the paper noted. Raising concerns over the existing ...

 Neha Dewan and Amartya Sinha  | @TheDollarBiz With the aim to boost women participation in the foreign trade and manufacturing, the ongoing 34th India International Trade Fair (IITF) in New Delhi, India is focusing on “Women Entrepreneurs” and the skills needed in their entrepreneurial development.  Organised by the India Trade Promotion Organisation (ITPO), IITF 2014 (November 14 - 27) saw heavy footfalls even as it nears completion. Over 6,000 exhibitors from India and abroad have taken part in this event and the fair has already seen over 50 foreign delegations from 30 countries in the initial eight days. While South Africa is the partner country this year, Thailand is the focus country and Delhi is the focus state. However, ...