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India likely to import 2 MT wheat to boost supplies

NEW DELHI: India is likely to import up to 2 million tonne (MT) wheat in the current fiscal after the customs duty cut on the grain to boost domestic supply and check prices, according to flour millers.   "Imports will increase in the coming months and reduce pressure on the domestic availability," Food Ministry Joint Secretary Prashant Dwivedi told PTI on the sidelines of an AGM of Roller Flour Millers Federation of India (RFMFI) here.   He said the government will not discontinue the sale of FCI wheat to bulk consumers like flour millers. Asked about likely quantity to be imported this fiscal,...

Last Updated: Monday, 26th September, 2016 01:01 PM Visits 103

PM Narendra Modi dedicates 7 new plant species to nation

NEW DELHI: Prime Minsiter Narendra Modion Monday dedicated seven new indigenously developed varieties of plants to the nation and interacted with farmers to mark the 75th anniversary of the Council of Scientific and Industrial Research (CSIR).   "No country would progress without the use of science and technology," Modi said at the Vigyan Bhawan here where the CSIR marked its 75th foundation day.   "Your (CSIR) contribution to the country in last 75 years increases our hopes from you. People would only expect from those who can deliever," he said.   The Prime Minster also stressed upon mitigating the gaps between science and research...

Last Updated: Monday, 26th September, 2016 12:59 PM Visits 96

India seeks BRICS' cooperation to meet shortfall of pulses

NEW DELHI: Faced with shortage in production of pulses and oilseeds, India today sought cooperation from BRICSnations to meet the domestic demand. "India would like to seek cooperation from member countries in helping to meet our production shortfall in crops like pulses and oilseeds," Agriculture Minister Radha Mohan Singh said addressing the 6th meet of BRICS Agriculture Ministers here. This will offer business opportunities for other BRICS countries, which could be tapped through innovative models such as contract farming, leasing surplus land as well as through stepped up production and conventional trade to meet India's requirements, he said. Stating that BRICS have ample...

Last Updated: Friday, 23rd September, 2016 05:55 PM Visits 122

Kharif foodgrain output seen at record 135 MT, pulses up 57%

NEW DELHI: India's kharif harvest is poised to jump 9% to 135 million tonnes, beating a six-year-old record, the first official estimate said, setting the stage for lower food inflation and higher farm income after two drought years that distressed farmers. Output of pulses is estimated to rise 57% to 8.7 million tonnes, while rice production is likely to increase nearly 3% to 93.9 million tonnes, the first of the four official crop estimates said on Thursday. Domestic cooking oil supply is also expected to rise significantly as oilseeds harvest this year is likely to be 41% bigger than last year....

Last Updated: Thursday, 22nd September, 2016 05:54 PM Visits 137

Seed companies say Monsanto spreading falsehoods on patent rights

NEW DELHI: Indian seed companies have accused US major Monsanto of deliberately spreading falsehoods on patents and claiming patent rights on seeds and plant varieties. "It is very evident that Monsanto has been aware that it does not have any legal right on seeds and plant varieties, yet they continued to falsely represent they have patent rights on seeds and plant varieties before various regulatory authorities functioning under Environment Protection Act, Seeds Act as well as PPVFR Act," National Seed Association of India (NSAI) has alleged in a letter to the joint secretary (seeds) in the agriculture ministry this week. Monsanto's...

Last Updated: Thursday, 22nd September, 2016 05:53 PM Visits 169

Bengal Govt directs for cold storage of veggies to control prices

West Bengal government is trying to take measures to control prices of vegetables during the upcoming festive season. The state agriculture marketing minister Tapan Dasgupta has directed cold storage owners in the state to offload their entire by November in a move to rein in prices of potatoes, onions and other vegetables. The minister said that this will automatically cool prices of potatoes and onions within next few days. There is a general tendency of a price hike during the festive season as demand picks up. Unscrupulous traders generally want to take advantage of this high demand scenario and jack up...

Last Updated: Wednesday, 21st September, 2016 05:48 PM Visits 112

India International Tea Convention to be held at Ooty from September 22

KOCHI: The seventh edition of IndiaInternational Tea Convention (IITC 2016) will be held at Ooty from September 22 to 24. It will be jointly hosted by United Planters Association of Southern India (UPASI), Tea Board and the Consultative Committee of Plantation Associations in association with the Indian Tea Exporters' Association (ITEA), the South India Tea Exporters Association (SITEA) and Federation of All India Tea Traders Association (FAITTA). UPASI President N.Dharmaraj said the convention, which is to be held for the first time ever in a plantation area, will be attended by about 600 delegates including 100 overseas delegates and will also be...

Last Updated: Tuesday, 20th September, 2016 05:47 PM Visits 133

Sufficient fertiliser, seeds to meet rabi demand: Govt

NEW DELHI: As farmers prepare for sowing of rabi crops like wheat, from next month, the government today reassured them saying there is adequate supply of agri-inputs, especially fertilisers and seeds, to meet demand.   Sowing of rabi crops begins from October and the harvesting from April. Wheat is the main rabi crop, while maize, millets, pulses and oilseeds are also grown.   Government is targeting wheat production of 96.50 million tonnes in 2016-17 rabi season, while pulses at 13.50 million tonnes.   "There won't be any shortage of agri-inputs like fertilisers and seeds in the rabi season. The supply is sufficient," a senior...

Last Updated: Monday, 19th September, 2016 05:46 PM Visits 113