Food Processing
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Flipkart ups ante against Amazon; to set up Rs 2,000-cr unit for food retail in India
•E-commerce giant Flipkart on Tuesday said it is setting up a new local entity - Flipkart Farmermart - that will focus on food retail in India, as it looks to take on arch-rival Amazon in the segment
Piyush Goyal to embark on two-day visit to UAE today to seek FDI in petroleum, railways, aviation sectors
•Commerce and Industry Minister Piyush Goyal will embark on a two-day visit to the United Arab Emirates (UAE) starting Saturday, to attend the meeting of 7th India-UAE High-Level Task Force on Investment
Yogi Adityanath set to fly to Russia today for two-day visit; UP CM likely to sign MoU regarding agriculture, power sectors
•Uttar Pradesh chief minister Yogi Adityanath is all set to embark on a two-day visit to Russia today.
Budget should focus on promoting food processing to boost farmer's income, say experts
•Farm experts and agriculture organisations on Tuesday suggested that in the 2019-20 budget, the government should focus on increasing farmers' income by promoting food processing and farm exports besides addressing certain taxation issue
Budget 2019: Increase investment in farm sector, enhance market access, tells agri experts to Nirmala Sitharaman
•Agriculture experts in their pre-budget consultation with Finance Minister Nirmala Sitharaman Tuesday demanded that the government take steps to boost investment in the farm sector and enhance market access to farmers
Govt reforms creating new livelihoods; eight sectors to add over 10 cr jobs by 2025: CII
•The recent reforms ushered in by the government are creating new livelihoods across existing and emerging sectors, with eight segments of the economy alone expected to create over 10 crore jobs by 2025, CII said on Thursday
One-time farm loan waiver, crop insurance scheme to be part of Congress' Lok Sabha election promises
•Besides a one-time loan waiver, the other promises being considered by the Congress for farmers for the Lok Sabha polls include a new crop insurance scheme and promotion of food processing, Congress' farmers' welfare department head Nana Patole said.
Uttarakhand eyes Rs 20,000 cr investment from investor summit in food processing, horticulture, tourism sector
•The two-day 'Destination Uttarakhand: Investors Summit 2018' will be held in Dehradun from 7 October
Minimum Support Price: Centre's move to hike MSPs makes industries dependent on agrarian produce vulnerable
Kg Sharma •The hike in minimum support prices (MSP) presents a very real problem for industries dependent on agricultural produce such as textiles and food processing.
Budget 2018: Predictable but not irresponsible, deserves a guarded welcome
Seetha •The fiscal slippage from 3.2 percent to 3.5 percent is a significant one and worse, it continues the next year