Non-basmati rice exports in H1 top FY20 shipments
Exports of non-basmati rice have more than doubled to top 5 million tonnes (mt) in the first half of the current financial year on robust demand. Exporters see shipments touching a new high — even 10 mt — as buyers such as China and Bangladesh have started showing interest in the Indian cereal.
Non-basmati shipments stood at 5.07 mt during April-September this year against 2.5 mt in the same period last year. In value terms, non-basmati rice emerged the No 2 agri product exported in H1 of this year, clocking $1.95 billion ($1.01 billion during the corresponding period last year).
Odisha govt to repromulgate ordinance on agri-marketing to attract private investors
In a shift from the ruling BJD’s earlier position to oppose the farm sector reforms introduced by the Centre, the Odisha government has approved a proposal to repromulgate an ordinance on agricultural produce and livestock marketing to attract private investors in the segment.
The Agricultural Produce and Livestock Marketing (Promotion and Facilitation) Ordinance was first promulgated on May 13 and is about to lapse soon, Chief Secretary A K Tripathy said.
KCCI seeks Mpeda-approved quality control lab in Mangalore
The Kanara Chamber of Commerce and Industry (KCCI) has urged the Government to establish an Mpeda-approved quality control lab in Mangalore as it would benefit in boosting the export of fish and fisheries products from coastal Karnataka.
