Agriculture Current Affair 31 October 2020

To check prices, Centre to import 10 lakh tonnes of potato

The Centre will import 10 lakh tonnes of potatoes at a reduced Customs duty of 10 per cent to meet demand and stem rising prices, said Piyush Goyal, Minister for Consumer Affairs, Food and Public Distribution.

The Centre also plans to import 25,000 tonnes of onions before Diwali in addition to the 7,000 tonnes that NAFED has already procured through private importers, Goyal said on Friday at a press conference.

‘New Pesticide Bill will deter serious investors’

The Pesticide Management Bill, 2020 tabled in the Rajya Sabha during the Budget session of Parliament suffers from many shortcomings and are detrimental to the interests of any stakeholder – be it farmers or industry, said RG Agarwal, Chairman of Dhanuka Agritech Ltd.

“While drafting the Bill, the government has refused to listen to scientists or farmers, let alone the industry. It is rather a mystery what their compulsions were, to come out with such a Bill,” Agarwal said in an interview with BusinessLine.

Tea exports expected to drop 28% in FY21

Tea exports from India are likely to witness a 28 per cent decline this fiscal, primarily of the orthodox variety, on the back of lower production and higher prices of the CTC (crush-tear-curl) tea.

Anshuman Kanoria, Chairman, Indian Tea Exporters’ Association (ITEA), said that tea exports are likely to be around 180 million kg (mkg) this year as compared to around 250 mkg recorded in FY20, a drop of 28 per cent.

Govt permits potato imports from Bhutan without licence

The government on Friday permitted imports of potatoes from Bhutan without a licence, a move aimed at boosting domestic supply and control prices of the agricultural commodity.

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