After non-basmati, ban on broken rice exports
The government banned the export of broken rice with effect from Friday, after imposing a 20% export duty on non-basmati rice, with an aim to increase domestic availability.
“Export policy of broken rice… is amended from ‘free’ to ‘prohibited’,” the Directorate General of Foreign Trade (DGFT) said in a notification on Thursday.
China is the largest importer of Indian broken rice, accounting for imports worth $323.93 million of the commodity in the April-July period, as against $480.31 million in the entire 2021-22.
As per the notification, provisions under the Foreign Trade Policy 2025-2020 regarding the transitional arrangement shall not be applicable to this notification. The government has allowed the consignments of broken rice to be exported till September 15, in cases where loading of broken rice on the ship has commenced before the notification.
Nitin Gadkari advices farmers to form their own companies for marketing
Union minister Nitin Gadkari on Saturday advised farmers to form their own companies for marketing and exporting agricultural produce, and not be dependent on the government.
The government can step in where they can not solve a problem, the Union minister said. He was speaking at an outreach program organised by the Agricultural and Processed Food Products Export Development Authority, a government body, in association with his Agrovision Foundation.
Fifty to hundred farmers should come together to form a farmers’ produce company to market their production in the open market, the BJP leader said. Such collectives can also build their own cold storages, he said.
“I (as a farmer) found a market for my produce on my own, you too should find a market for your produce on your own. I want to tell you one thing, don’t depend on the government,” the Union Road Transport and Highways Minister added. “You are the architect of your own socio-economic life,” PTI quoted him as saying.
Maharashtra to computerise 12,000 Primary Agri Credit Societies
The State government will share ₹156 crore for three years
The State cabinet on Monday decided to computerise about 12,000 Primary Agricultural Credit Societies (PACS). The press statement issued by the Chief Minister’s Office stated that the State cabinet has approved this Union government-sponsored scheme.
“Overall 12,000 PACS will get the benefit from the scheme and the State government will contribute its share of ₹156 crore for three years (2022-23 to 2024-25). For the year 2022-23, the State will make provision of ₹51.8 crore,” the press release said.
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