Sugar export may touch 85 lakh tonne this year: ISMA
India’s sugar export may touch 85 lakh tonne in the ongoing 2021-22 marketing year ending September, as per the estimates of global trade houses, industry body ISMA said on Monday. While the country has contracted 72 lakh tonne of sugar export, the physical exports have been around 56-57 lakh tonne till March-end this year, it said.
Sugar marketing year runs from October to September. Crushing operation is still on as 366 mills were operating till March-end, while 152 mills had stopped the crushing.
Releasing the latest sugar production figures, Indian Sugar Mills Association (ISMA) said: “News from the international trade houses indicate that global market is expecting 85 lakh tonne of sugar exports from India, in the current season.”
Changes suggested in MP’s MSP programme to promote pulses
Changes have been recommended in the minimum support price (MSP) programme of Madhya Pradesh by an autonomous body under the state government. The changes have been made by Atal Bihari Vajpayee Institute of Good Governance And Policy Analysis with the goal of encouraging production of pulses in the state.
This institute is an autonomous body registered with the Public Service Management Department of the Madhya Pradesh government. These suggestions have been made in the Madhya Pradesh Sushashan and Development Report 2022.
“Central and state governments need to revisit the MSP procurement policy in existence in the present form. More incentives need to be given to farmers for growing pulses, oilseeds and other high-value crops to promote diversification and encourage farmers to shift away from water-intensive crops such as paddy and wheat to other sustainable and profitable crops in which MP has a competitive advantage,” the report recommended.
India’s wheat exports hit record 7.85 million tonnes in 2021-22: Traders
India’s wheat exports hit 7.85 million tonnes in the fiscal year to March, an all-time high and a sharp increase from 2.1 million tonnes in the previous year, traders said, as Russia’s invasion of Ukraine cuts off rival Black Sea supplies.
Earlier this month, a top government official said India would export a record 7 million tonnes of wheat in the 2021-22 fiscal year as a rally in global prices gave the world’s second biggest producer of the grain an opportunity to gain market share.
India achieved its target of exporting 7 million tonnes of wheat on March 21, according to the Indian government, which is yet to issue wheat shipment data for the last 10 days of March.
Read More-
- General Agriculture MCQ for Competitive exam – 8
- General Agriculture MCQ for Competitive exam
- General Agriculture One Liner Question
- General Agriculture MCQ for Competitive exam-7
- 33 Important mcq For Agricultural Competitive Exam
