1. The Food Safety and Standards Authority of India (FSSAI), the food watchdog is planning an assault on various segments of the food and beverage industry in the coming weeks in a bid to soothe consumer confidence in the wake of recent maggi noodles episode.
2. The Indian government allowed bulk exports of rice bran oil and removed quantitative restrictions on out-bound shipments of organic edible oils.
3. The Indian Government said it has proposed to transfer fertiliser subsidy directly into farmers' accounts and is planning a road map for the pilot project.
4. The Union Cabinet gave its approval to extend the interest subvention scheme to banks to ensure availability of crop loans of up to Rs 3 lakh to farmers at 7 per cent per annum.
5. Farm biotech major Monsanto has expanded its research and development (R&D) facility for vegetable seeds near Bengaluru even as it gears up to roll out new disease-resistant and high-yielding hybrid varieties of tomato and peppers in the domestic market.
6. Taking a leaf out of the success story of Flipkart and the likes to agriculture, Desta Global(DestaMart) has launched a business-to-business online platform for selling all agriculture implements including fertiliser, seed, pumps and tractor. The company has has already registered 120 dealers and eight companies.
7. For 2015-16, the target of agriculture credit in India has been raised to Rs 8,50,000 crore, from Rs 8,00,000 in 2014-15.
8. Punjab government would immediately start distribution of more than 80,000 tubewell connections to the farmers as the National Green Tribunal has lifted the stay on their allotment, which would facilitate power connections for irrigation purposes.
2. The Indian government allowed bulk exports of rice bran oil and removed quantitative restrictions on out-bound shipments of organic edible oils.
3. The Indian Government said it has proposed to transfer fertiliser subsidy directly into farmers' accounts and is planning a road map for the pilot project.
4. The Union Cabinet gave its approval to extend the interest subvention scheme to banks to ensure availability of crop loans of up to Rs 3 lakh to farmers at 7 per cent per annum.
5. Farm biotech major Monsanto has expanded its research and development (R&D) facility for vegetable seeds near Bengaluru even as it gears up to roll out new disease-resistant and high-yielding hybrid varieties of tomato and peppers in the domestic market.
6. Taking a leaf out of the success story of Flipkart and the likes to agriculture, Desta Global(DestaMart) has launched a business-to-business online platform for selling all agriculture implements including fertiliser, seed, pumps and tractor. The company has has already registered 120 dealers and eight companies.
7. For 2015-16, the target of agriculture credit in India has been raised to Rs 8,50,000 crore, from Rs 8,00,000 in 2014-15.
8. Punjab government would immediately start distribution of more than 80,000 tubewell connections to the farmers as the National Green Tribunal has lifted the stay on their allotment, which would facilitate power connections for irrigation purposes.
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