Export & Import

India’s agri exports shrunk by 21% in first three quarters of 2015 – 16

Our bureau New Delhi, Feb 16: The fall in global commodity prices and sluggish demand, have resulted in sharp decline in India’s agricultural and processed food exports in the first three quarters of the current fiscal. The slowdown in the agricultural goods shipment is expected to continue in the last[…]

Indian govt to import 1 lakh tonne of rice from Myanmar

Our bureau New Delhi, Sept 7: The Indian government has approved import of one lakh tonne of rice from Myanmar in the next few months to deal with expected disruption of foodgrain supply to the Public Distribution System (PDS) in Tripura and Mizoram. Sources said that state-owned trading firms MMTC[…]

Indian govt eases norms for onion import

  Our bureau New Delhi, Sept 7: In a bid to ease norms for the onion imports during next few weeks, the agriculture ministry has relaxed the quarantine norm on mandatory fumigation prior to the agricultural commodity being shipped to the country. According to an official statement, the consignments of[…]

Indian govt hikes minimum export price on onion to improve domestic supplies

Our bureau New Delhi, July 3: The Indian Government has hiked the minimum export price (MEP) of onion to $500 per tonne to improve domestic supply and curb exports. The domestic prices have been rising since last few weeks in anticipation of deficient monsoon rains this year so far. About a[…]

India imposes minimum export price on potato, unlikely to impact prices

Our bureau New Delhi, Jun 29: The Indian government has imposed a minimum export price (MEP) of $ 450 per tonne on potatoes for increasing domestic supplies. However its unlikely to have significant impact on the domestic supplies as prices have started to rise in the recent weeks. “We export[…]

Indian govt imposes minimum export price on onion, potato exports on watchlist

Indian govt imposes minimum export price on onion, potato exports on watchlist Our bureau New Delhi, June 19: The Indian government has imposed a minimum export price (MEP) of $ 300 per tonne on the onion exports in a bid to improve domestic supplies in the next few months. This[…]

India’s rice exports achieves all time record at 10.4 million tonne for 2013 – 14

India’s rice exports achieves all time record at 10.4 million tonne for 2013 – 14 Our bureau New Delhi, Apr 22: Sharp increase in demand from the middle-east countries specially Iran and Saudi Arabia, US, Europe for Basmati rice and and in Africa countries including Benin, Senegal and South Africa[…]

India’s onion exports falls by 28% in 2013-14 because of curb in shipment last year

Our bureau New Delhi, Apr 1: The country’s onion exports in the current fiscal is set to fall by more than 28% to 1.4 million tonne (mt) from 1.8 mt reported during 2012-13. This sharp fall is mainly attributed to curb on onion exports put by the government during August[…]

India abolishes onion Minimum Export Price as bumper crop led to sharp fall in domestic prices

India abolishes onion Minimum Export Price as bumper crop led to sharp fall in domestic prices Our bureau New Delhi, Feb 7: For giving boost to exports and put a curb on falling domestic prices, the government has abolished the Minimum Exports Price (MEP) of onion. “Requirement of MEP on[…]

India may emerge as top rice exporter this year

India may emerge as top rice exporter this fiscal Our bureau New Delhi, Jan 22: India may remain the world’s top rice exporter in 2013-14, thanks to a sharp rise in demand for Basmati rice from the US, Europe and West Asian countries and for non-Basmati rice from Africa and[…]

Indian govt allows exports of 4 million tonne of raw sugar

Indian govt allows exports of 4 million tonne of raw sugar Our bureau New Delhi, Jan 16: An informal group of ministers (GoM), headed by India’s Agriculture Minister Sharad Pawar, today approved incentives to the loss making sugar industry for exports of up to 4 million tonne of raw sugar[…]