Wheat prices fall over 10 pc in 7 days on selling of FCI wheat in open market: Government
The government on Friday said wheat prices have fallen more than 10 per cent in the past one week following its decision to sell the grain in open market to check rising prices. State-run Food Corporation of India has so far sold 9.2 lakh tonnes of wheat to bulk users at an average rate of Rs 2,474 per quintal on the first two-days of e-auction held this week.
Recently, the Centre decided to offload 30 lakh tonnes of wheat from the buffer stock in the open market under the open market sale scheme (OMSS).
Out of which 25 lakh tonnes will be sold to bulk consumers, flour millers, 3 lakh tonnes to institutions like Nafed and remaining 2 lakh tonnes to state governments.
Exports of agri and allied products posted over 20 pc jump in FY21, FY22
Union Agriculture Minister Narendra Singh Tomar informed the Parliament that the export of agricultural and allied products witnessed a significant increase during the last few years.
During 2019-20, the export of agricultural and allied products was valued at Rs 2,52,400 crore which increased to Rs 3,10,130 crore in 2020-21 and showed an increase of 22.87 per cent.
Exports of agricultural and allied products touched an all-time peak of Rs 3,74,611 crore during the last one year i.e. 2021-22, an increase of 20.79 per cent, according to a statement released by the ministry of agriculture and farmers welfare on Friday evening.
Assam tea planters flag effects of climate change, global warming
Tea planters felt that climate change and global warming have adversely affected tea plantation in Assam for last few years.
Tea plantation is highly climate dependent. Climate change and global warming have adversely affected tea plantation in Assam for last few years. It has reached to such a level that without irrigation, tea plantations are finding it difficult to survive. Climate change is one of the top five challenges of the tea industry in Assam.
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