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Election results in the onion belt increases hopes of industry and farmers for more farm friendly policies

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Election results in the onion belt increases hopes of industry and farmers for more farm friendly policies

Farmers and the industry expect the new government to increase import duty on cooking oils to support soyabean prices, remove export duty on onions, and take cautious stand on the demand for import of maize and wheat. Inspired by the onion farmers, others have started demanding policy measures to support soyabean and milk prices.“Soyabean prices … Read more

Red sea conflict may make basmati rice exports costlier

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Red sea conflict may make basmati rice exports costlier

New Delhi: India’s exports of basmati rice to Egypt and European countries may get hit if the conflict in the Red Sea doesn’t abate and the country may have to take a longer route around Africa to ship the commodity which can raise costs by 15-20%, an official said Thursday. Moreover, overall exports face a … Read more