Monday, 20 July 2015

India Agriculture & Food udpates - 20July'15 !


1. The 4th edition of the Banana Festival is scheduled for December 4th and 5th at Madras University.

2. Citing exorbitant loans as a major reason for farmer suicides, Karnataka Chief Minister on Sunday warned strict action against private money lenders charging more than 14 and 16 per cent interest rate.

3. Big cities are okay with paying up to Rs 1,300/kg for Darjeeling Tea.

4. Bihar has so far attracted Rs 7,750 crore investment in agriculture-based industries.

5. The Centre will release Rs 400 crore towards crop insurance for farmers of Gujarat this week, a state Minister said.

6. A senior MLC in A.P State Govt, mentioned that pending sugarcane re-imbursements to the tune of Rs.14.50 crores would be paid back to the farmers in the state soon.

7. Part of a stricter regime on food safety, FSSAI mulls self-regulatory framework for packaged food products; may ask to mention expiry dates.

8. US-based Pizza chain Sbarro plans almost three-fold increase in its store count to 50 in India in two years through multiple business models.

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