Goa procures additional beef from Karnataka: Parrikar
The Dollar Business Bureau Goa Chief Minister Manohar Parrikar said on Tuesday that the state-run slaughterhouses produces about 2,000 kg of beef a day and the additional demand for beef in the state is met by importing it from neighbouring state like Karnataka. In a reply to question by a BJP member in state assembly, over the beef quality supplied by the neighbouring state, Parrikar said that the beef procured from Karnataka would be put to proper process of inspection. “Approximately 2,000 kg beef is produced per day at the state abattoir - the Goa Meat Complex Limited, while rest of beef is brought in from Karnataka,” said the Chief Minister, who also holds the portfolio of animal husbandry. “The projected beef sale in the ...
Indian Cabinet okays India-Palestine MoU on agriculture cooperation
The Dollar Business Bureau The Indian Cabinet has given its approval to the Memorandum of Understanding (MoU) between Ministry of Agriculture & Farmers’ Welfare and the Ministry of Agriculture in the State of Palestine on agriculture cooperation. This was signed in May 2017, when Palestinian Minister of Foreign Affairs had visited the country. What could seem to be an innocuous agreement, one should also look at the extra efforts on the part of the Indian government to balance its ties with Israel, Palestine, Iran and the West Asian countries. The MoU provides for cooperation in the fields of agricultural research; veterinary field including capacity enhancement of Palestinian Veterinary services and Animal Health; irrigation and climate change. It will also be extended to areas ...
Govt changes FDI regime, allows 100% FDI in defence
The Dollar Business Bureau The government on Monday radically liberalised the foreign direct investment (FDI) regime by allowing 100 percent FDI in defence only through government approval and in multiple other sectors. "With this change in rules, India becomes the world’s most open economy for FDI," said a statement released by the Commerce Ministry. After November 2015, this is the second biggest change in the country’s FDI policy. With the change in regime, the defence sector has been completely opened up to FDI through approval route, which can result in access to state-of-art technology in India or for other purposes. The clause ‘access to state-of-art’ technology has since been removed. The government till date has allowed 100 percent FDI in animal husbandry, civil aviation, and ...
Alivira to acquire 60% stake in Karizoo Group
The Dollar Business Bureau SeQuent Scientific Ltd on Monday announced that its subsidiary Alivira Animal Health Ltd is planning to acquire 60 percent stake in Spain’s Karizoo Group. The company, however, didn’t disclose the transaction amount. “Alivira Animal Health Ltd would buy 60 percent share in the family-owned Vila Vina Particpacions (VVP), which owns Karizoo Spain, Covivet Spain, Phytosolutions Spain, and Karizoo Mexico,” SeQuent said in a statement. The remaining 40 percent stake will continue to be held by its existing promoters. The acquisition will be done through Alivira Ireland, a fully-owned arm of the company. With this latest acquisition, Alivira will become a major player in the global animal health space, with annual revenues above $120 million. Manish Gupta, Managing Director of Alivira said, ...
India pitches for Organic farming at BRICS meet
The Dollar Business Bureau The Union Minister of Agriculture, Radha Mohan Singh, expressed the Government of India’s commitment towards promoting ‘Organic Farming’, with an aim to improve soil health and ensure better quality crops. Under this move, the Government of India (GoI) will be implementing ‘Paramparagat Krishi Vikas Yojana’, a new scheme to develop organic clusters and provide chemical free inputs to farmers, from the current financial year, the Minister added. The Union Minister made these announcements during his participation at the 4th Meeting of BRICS Ministers of Agriculture and Agrarian Development in Brasilia, Brazil on Friday. Speaking at the meet, Singh also made a mention about the GoI’s ‘Gokul Mission’, an initiative aimed at improving cattle population for ...