India’s kharif sowing has surpassed the normal acreage, reaching 1,096.65 lakh hectares, driven by favorable monsoon conditions. Paddy cultivation saw a 4% increase, but export restrictions on non-basmati rice persist due to weather-related risks in key regions. Oilseeds and maize coverage rose, with soybean and groundnut areas expanding, potentially boosting price trends. Pulses also showed growth, though their overall acreage remained below normal levels. Cotton acreage, however, fell...
India`s Kharif Sowing Exceeds Normal Acreage Amid Increased Coverage of Key Crops by Amit Gupta, Kedia Advisory
India has raised the basic import tax on crude and refined edible oils by 20 percentage points to support local farmers facing lower oilseed prices. The new tax will increase the total import duty on crude palm oil, soyoil, and sunflower oil to 27.5%, up from 5.5%, while refined oils will now attract 35.75% duty, up from 13.75%. The move is expected to raise domestic edible oil prices, dampen demand, and reduce India’s reliance on overseas imports, particularly from Indonesia, Malaysia,...
India Increases Import Tax on Edible Oils to Support Domestic Farmers by Amit Gupta, Kedia Advisory
India held bilateral meetings with several nations on the sidelines of the G20 Agriculture Ministerial Meeting in Brazil, expressing the commitment to cooperate in mutually beneficial areas, it was announced on Sunday.
Minister of State for Agriculture and Farmers’ Welfare, Ram Nath Thakur, led the Indian delegation along with Ambassador of India to Brazil, Suresh Reddy, and other senior government officials.
India held bilateral meetings with the US, Brazil, Germany, the UK...
India, key nations to cooperate in mutually beneficial areas in agriculture