Agri

India set to tap $206 billion US agri market via zero duty, lower reciprocal tariffs

In 2024, India exported agricultural products worth $3.4 billion to the United States

Minimum import price to anchor India’s farm protection in US trade deal

MIP is a govt-notified floor value, below which imports of a particular product cannot be assessed by customs.For.example, if apples are imported at a 55% tariff, and the notified MIP is Rs 80 per kg, customs will calculate duty at Rs 80 per kg.

India raises MSP for copra sharply for 2026 season to boost coconut farmer incomes

The MSP for 2026 season is an increase of Rs 445 per quintal for milling copra and Rs 400 per quintal for ball copra over the previous season.

Council cuts GST to 5% on farm goods in major relief for farmers

The changes in GST rates for all goods except pan masala, gutkha, cigarettes, chewing tobacco products like zarda, unmanufactured tobacco and bidi, will be implemented from September 22, 2025.

India’s tariffs on agriculture in line with international norms

While, India’s average most-favoured nation (MFN) rate on agricultural goods stood at nearly 37 percent in 2024, it is sharply lower than South Korea at 57 percent.

Not just China, India faces risk of flux of farm imports from US as well

Its trade war with China opens up a $590-million opportunity for the US to ship farm goods to India. Of US' $141.3-billion farm exports in 2024, China had a 13.5 percent share at $19.1 billion. India’s was just 1.4 percent at $1.9 billion

India seeks concessions on agri products in return for auto tariff cuts in trade deal with US

New Delhi is fast-tracking talks for the trade deal with the US and is hoping to close the first tranche by August-September, according to people aware of the matter.

Trump tariffs, BTA talks on agenda, Goyal likely to meet stakeholders tomorrow

Commerce minister Piyush Goyal, who recently came back from the US, is expected to update participants on trade deal talks and India's response if US goes ahead with reciprocal tariffs

Warmer winter could impact crop yields, delay moderation in food inflation: Experts

Former Agriculture Secretary Siraj Hussain told Moneycontrol that delayed wheat sowing, particularly in Punjab due to the harvesting of paddy, could amplify the impact of high winter temperatures.

Cabinet approves Rs 14,235 crore outlay for 7 agri programmes to improve farmers' livelihood

The Digital Agriculture Mission, one of the flagship initiatives, has been allocated Rs 2,817 crore. This programme aims to integrate modern technologies like Artificial Intelligence (AI), Big Data, and geospatial data to enhance farming practices.

India's private consumption rebound points to pick-up in rural demand

Private final consumption expenditure or PFCE, accelerated to a seven-quarter high of 7.4 percent in Q1 FY25 from 4.0 percent in Q4 FY24.

Invoke export bans only under exceptional circumstances, suggests Economic Survey

According to the survey, infrequent bans or restrictions on food exports may also allow domestic consumers to substitute, especially if the agricultural commodities in question are not essential consumption items such as food grains.

WTOs 5th day meet: Talks on to break impasse over agri, fisheries issues

The conference of the World Trade Organization's highest decision-making body entered its fifth day on Friday, with key members including India, the United States, and the European Union holding negotiations to resolve disputes on subjects such as agriculture, fisheries subsidies, and a duty moratorium on e-commerce trade.