Media Monitor
Agriculture Industry
Govt considering MSP for sugar: Food secretaryedit
The government will consider the demand for higher minimum sale prices (MSP) of sugar from mills in sync with the fair and remunerative price (FRP) of sugarcane paid to farmers, food secretary Sanjeev Chopra on Thursday said. “The government is aware of the demand.. we are hopeful of finding a solution which will address industry’s concerns of the industry and the consumers,” Chopra told FE.
Govt allows onion exports to Bangladesh, Mauritius, Bahrain and Bhutanedit
The government on Thursday permitted traders to export 54,760 tonnes of onion to Bangladesh, Mauritius, Bahrain and Bhutan till March 31. “We have allowed export of 50,000 tonnes of onion to Bangladesh, 1,200 tonnes to Mauritius, 3,000 tonnes of Bahrain and 560 tonnes to Bhutan with immediate effect,” Consumer Affairs Secretary Rohit Kumar Singh told PTI.
Kangra: Agriculture department estimates 5-7% dip in wheat output in areas hit by dry spelledit
Wheat cultivation spanned across 91,000 hectares in the district, with an estimated 4,000 to 5,000 hectares being the severely affected by the dry spell, where production may see a slight decline. Due to an extended dry spell this winter in Himachal Pradesh, the agriculture department in Kangra estimates a decrease of around 5 to 7% in wheat production in the worst-affected areas.
CLAAS Global Mentions
JLR to hold ‘global sourcing meet’ at Coimbatore engg expo edit
The Tata group owned Jaguar Land Rover will hold a ‘global sourcing meet’ at the International Engineering Sourcing Show (IESS) to be held in Coimbatore, Tamil Nadu between March 4 and 6 – an event to which the highest number of delegates are from Africa. The Engineering Export Promotion Council (EEPC) holds the IESS periodically; the Coimbatore event is the 11th in the series. Over 450 overseas delegates from 50 countries have registered themselves (so far) for the event, the highest number of whom – 177 – are from 17 African countries.
Tractor industry
Tractor sales in India hit a rough patch, reflecting rural economic slowdownedit
Tractor sales in India, a proxy for rural economic health, have seen a steep decline in key states in the west and south in the first 9 months of the fiscal year, dragging overall sales down 4% in the world’s largest market for the equipment. This follows record growth in FY23.