1. Russia has been the largest export market for Indian Tea exporters. With Rouble sliding down, the commerce industry is being pressed to institute rupee payment mechanism for trade with Russia.
2. The Government will soon come out with guidelines to set up on-line Agri-platforms, on the lines of Amazon and Jabong, to promote hassle-free sale of farm produce and thereby help farmers get good returns.
3. Prices of jaggery (gur) and jaggery powder increased on demand for fast approaching festivals in Tamil Nadu.
4. The Government reduced the period of advance licensing import for Rubber from 18 months to six months. That means that the rubber will go out of the country within six months.
5. Due to subdued upcountry demand, Prices ruled lower for several tea varieties at Kochi auction last week. The quantity on offer in CTC dust grades was 10.23 lakh kg.
6. Sugar prices turned positive with gain of Rs.10-20 a quintal on the back of improved demand at market and mill level.
7. The Tamil Nadu Agricultural University signed a pact with Boreskov Institute of Catalysis, Siberian Branch of the Russian Academy of Sciences (BIC), Novosibirsk, Russia to establish a bio-refinery for chemicals and fuel production from biomass and to meet the dwindling reserves of crude oil supplies.
8. Indian Government is all set to launch Krishi Dak Service, a new scheme aimed at distribution of seeds of improved varieties of crops and vegetables to the farmers at their doorstep through post-offices. The scheme will be implemented first in 100 districts of 14 states through select Krishi Vigyan Kendras.
2. The Government will soon come out with guidelines to set up on-line Agri-platforms, on the lines of Amazon and Jabong, to promote hassle-free sale of farm produce and thereby help farmers get good returns.
3. Prices of jaggery (gur) and jaggery powder increased on demand for fast approaching festivals in Tamil Nadu.
4. The Government reduced the period of advance licensing import for Rubber from 18 months to six months. That means that the rubber will go out of the country within six months.
5. Due to subdued upcountry demand, Prices ruled lower for several tea varieties at Kochi auction last week. The quantity on offer in CTC dust grades was 10.23 lakh kg.
6. Sugar prices turned positive with gain of Rs.10-20 a quintal on the back of improved demand at market and mill level.
7. The Tamil Nadu Agricultural University signed a pact with Boreskov Institute of Catalysis, Siberian Branch of the Russian Academy of Sciences (BIC), Novosibirsk, Russia to establish a bio-refinery for chemicals and fuel production from biomass and to meet the dwindling reserves of crude oil supplies.
8. Indian Government is all set to launch Krishi Dak Service, a new scheme aimed at distribution of seeds of improved varieties of crops and vegetables to the farmers at their doorstep through post-offices. The scheme will be implemented first in 100 districts of 14 states through select Krishi Vigyan Kendras.
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