1. To facilitate budding entrepreneurs in rural dairy farming communities and bring about capacity building and socio-economic growth, Abbott Nutrition has teamed up with Prabhat Dairy, an integrated milk and dairy products company.
2. Centre buys 2,300 tons of onion so far to build buffer. The buffer stock of onion is being created using the Rs 900-crore Price Stabilisation Fund (PSF). Owing to bumper crop the Govt is expected to buy 15,000 tonnes this year.
3. The US trying to gain greater access to Indian agriculture produce market, which is currently limited by tariff and non-tariff barriers. India imported agricultural items such as almonds, cotton, apple, walnuts and pulses worth $ 1.33 billion last calendar year but exported shrimps, guar gum, spices and other agri-items worth $ 4.1 billion.
4. An expected slowdown in Indian sugar exports as domestic prices surge, will boost the market share of Thai and Brazilian sugar sales in Asia.
5. India got $397 million FDI for agri promotion in last 4 years, with maximum inflows from Mauritius followed by Singapore and Germany.
