Friday, 24 July 2015

India Agriculture & Food updates - 25July'15 !

1. Mondelēz International has launched what it claims is India’s first aerated chocolate by bringing Cadbury Dairy Milk Silk Bubbly to the world’s fastest growing chocolate market.

2. Sugar output in the country for 2015-16 expected to be at 280 lakh tonnes.

3. Echoing an industry demand to focus on balanced use of fertilisers, a Parliamentary panel has urged the Centre to tackle rising prices of phosphatic and potassic (P&K) fertilisers and recommended higher domestic production of low-cost indigenous fertilisers.

4. The price of urea is capped at ₹5,360/tonne with the difference in cost of production and retail cost paid out to manufacturers as subsidy.

5. The government is planning to come up with a "more farmer friendly" crop insurance scheme in the next two months, aimed at enhancing the insurance coverage in the agriculture sector, helping farmers in mitigating the loss to their crops from different reasons.

6. Retail prices of pulses jump up to 41% in last one year.
 

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