India’s curbs on import of pulses: Australia, EU, US raise concerns at WTO
India’s decision to extend import restrictions on peas, lentils, beans and other pulses by another year till March 31, 2021 has been objected to by many trading partners such as Australia, the EU and the US on the ground that it is no more a temporary measure and should be removed.
The US, at a World Trade Organisation’s Council for Trade in Goods meeting this week, said it was disappointed that India had extended quantitative restrictions (QRs) on pulses through March 31, 2021.
Nafed procures 25,000 tonnes of onion so far to create buffer stock
Nafed on Sunday said it has procured 25,000 tonnes of onion so far from farmer producer organisations (FPOs), cooperatives and direct purchase centres at the prevailing rates for creating a buffer stock on behalf of the government.
Last year, the Nafed had purchased a total of 57,000 tonnes of onion from the 2018-19 rabi (winter) crop.
Bengaluru’s industry body hails proposed amendment to land reforms law
Bangalore Chamber of Industry & Commerce has hailed Karnataka Government’s decision to bring about sweeping changes in the Land Reforms Act to allow non-agriculturists too to buy farm land and invest in agriculture.