Nanda Kasabe

Maharashtra crop crisis: Farmers’ response to chana procurement remains poor

Market sources said that farmers prefer selling it to traders at lower prices as the guarantee of getting money is less under the MSP scheme.

Commodities News

IndiGo Airlines plans to add 20-25 A321 Neos to its fleet this summer

Indigo Airlines chief commercial officer William Boulter said the airline had ordered 125 A321 Neos and 48 deliveries were expected this year.

a321 neo, a321neo indigo, indigo airlines neo a321neo, News

Maharashtra: Revenue recovery orders against 3 sugar mills

The Maharashtra Sugar Commissionerate has issued orders under the Revenue Recovery Certificate ( RRC) code to 3 mills that failed to make fair and remunerative price (FRP) dues to farmers till March 15, 2019.

FRP dues in Maharashtra have come down to Rs 4,926 crore from Rs 5,700 crore at the start of the month News

Govt moots Bhavantar-like scheme to help farmers in case of falling prices

The Bhavantar Bhugtan Yojana (BBY) — a novel scheme launched by the Madhya Pradesh government for kharif crops last year, compensates farmers registered under it if their selling price is lower than the official MSP.

bhagantar bhtgtan yojana, agriculture sector, agriculture industry News

Cotton procurement nearly ceases as prices firm up

This season onwards, Cotton Corp has introduced stricter quality norms for ginning and processing units in cotton-producing states.

cotton, cotton industry, cotton sector News

Sula Vineyard adds another feather in its cap, beings exports wine to China

Sula Vineyards, the country’s largest wine producer, has begun the export of its wines to China. The Nashik-based company enjoys a 65% market share in India and exports to 30 countries across Asia, Europe and North America.

winw, wine industry, india, china News

Grapes become cheaper in Maharashtra heavy arrivals hit prices

Prices of grapes have gone down by nearly 30% in the domestic markets.

grapes, grapes prices, maharashtra News

Maharashtra sugar factories getting into retail sales to rein in liquidity issues

The commissioner suggested a tie-up with 50 cooperative societies that come under MCDC for selling agri-products, which could include sugar.

sugar, sugar industry, maharashtra News

Mango exports may hit 50,000 tonne this season; South Korea, Malaysia among new markets

Mango exports to US have taken off in a big way with more than 1,000 tonne expected to be exported this year, senior officials of the Maharashtra State Agriculture Marketing Board (MSAMB) said.

mango, mango exports, south korea, malaysia News

Bearing fruit: Maharashtra to set up six clusters to boost farm exports

The government is encouraging swadeshi, organic, traditional and modern methods of farming. This would help farmers improve the export quantity, tap new markets, develop a strong framework to tackle challenges related to sani

Markets News

Raising the pitch! Govt bodies seek hike in cotton MSP for 2019-20

CACP Maharashtra unit chairman Pasha Patel said the panel had proposed MSP rise considering increased production cost.

Markets News

Don’t force us to sell more in depressed market: Sugar mills to govt

According to market sources, a lot of trade took place ahead of the `2 a kg increase in the MSP to `31 a kg, resulting in a build-up of inventory.

Commodities News

Maharashtra mills selling sugar below MSP on lack of demand

Despite the Centre’s recent announcement of a `2 per kg hike in the minimum support price (MSP) of sugar to `31 per kg, several millers in Maharashtra are reported to be selling it below the MSP due to lack of demand in the

Industry News

Maharashtra govt seeks Centre’s nod for procurement of chana under MSP

The market committees instead have been told to create awareness among farmers and encourage them to opt for the pledge financing scheme that offers 75% advance to farmers at a low interest of 0.5%.

Commodities News

Pomegranate prices under pressure amid high supplies, but exports get a fillip

Compared to last year, prices of the fruit are down by 50-70% dropping to Rs 15 to Rs 45 per kg in wholesale markets and Rs 100 to Rs 150 per kg in retail markets.

Commodities News

Maharashtra sugar season draws to a close, 12 mills stop operations

KGS Sugars is the first mill in the state to shut down on February 3, after working for 69 days.

Commodities News

Pulwama attack retaliation: India halts cotton exports to Pakistan amid tensions

Thanks to the unease between India and Pakistan, exporters see a temporary slump in flow of consignments for a few days

Commodities News

Russia, Sri Lanka halt Indian grape imports over pest certificate

Grape exporters in the country are in a tight spot in the middle of the season with Russia and Sri Lanka demanding pest-free area certificates. According to exporters, containers from India are lying uncleared for the past co

Russia, Sri Lanka halt Indian grape imports over pest certificate News

Maharashtra millers pay Rs 6,000 crore in cane FRP dues to farmers

The threat of action by the Maharashtra sugar commissionerate to seize sugar stocks from factories has resulted in millers loosening their purse strings and releasing nearly Rs 2,000 crore in fair and remunerative price (FRP)

Maharashtra millers pay Rs 6k cr in cane FRP dues to farmers News

MSC Bank raises sugar valuations in Maharashtra to help millers

After the Centre raised sugar’s minimum floor price (MFP) to Rs 3,100 per quintal from Rs 2,900/quintal, the Maharashtra State Cooperative (MSC) Bank — the apex cooperative bank in the state — has increased valuations f

MSC Bank raises sugar valuations in Maharashtra to help millers News

Cotton procurement jumps 3-fold as prices drop below MSP

Cotton procurement by the Cotton Corporation of India (CCI) has crossed 8.5 lakh bales in the ongoing 2018-19 cotton season as prices remained below the minimum support prices (MSP) due to weak global prices and low exports.

Industry News

Maharashtra tur procurement evokes poor response as prices firm up

Tur prices are likely to remain firm and go upwards in Maharashtra on the back of shortage of supply for the pulse due to drought in the state.

tur, agriculture sector, agriculture industry News

Wholesale onion prices at Lasalgaon drop below Rs 5 per kg

Onion prices in Lasalgaon — the country's largest wholesale market for the bulb — have dropped below the Rs 5/kg mark.

onions, agricylture sector, agricylture industry News

This Valentine’s Day, Indian rose exports likely to cross Rs 27 crore

The long winter this year has proven to be a boon for Indian rose growers.

Commodities News

15 sugar mills in Maharashtra likely to face recovery action

Retail sales by mills also did not take off as expected and several mills did not show interest in establishing retail outlets outside factory gates pointing out that this would mean added expense on their balance sheets.

Industry News

Not so sweet! Millers’ sugar offer in lieu of FRP fails to cheer farmers

Sugarcane arrears in Maharashtra have now mounted to Rs 5,000 crore and industry sources claim the position is likely to worsen.

Industry News

Maharashtra tur procurement to finally begin tomorrow

According to senior market committee officials, who do not wish to be identified, the government initially announced procurement from January 15, then pushed it to January 20 and now the procurement date has been set to Febru

Markets News
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