Agro import: India seeks Nigeria’s cooperation – New Telegraph Newspaper


New Telegraph Newspaper

Agro import: India seeks Nigeria's cooperation
New Telegraph Newspaper
“We are also looking at how we can contribute to Nigeria's effort to implement the green evolution, a major initiative launched by the President of Nigeria, which is to make Nigeria self-sufficient in agriculture and at the same time also produce for ...

and more »

Suresh Prabhu: Government working on diversifying export basket – Financial Express


Financial Express

Suresh Prabhu: Government working on diversifying export basket
Financial Express
Commerce and industry minister Suresh Prabhu on Thursday said the government was working out a strategy to diversify the country's export basket in a bid to enhance its export presence in the top items of world trade. “We are working on a marketing ...

and more »

India Put up 55 Blocks on Auction for Oil, Gas Exploration – News18


News18

India Put up 55 Blocks on Auction for Oil, Gas Exploration
News18
Prime Minister Narendra Modi has set a target of cutting oil import bill by 10 per cent to 67 per cent by 2022 and to half by 2030. PTI. Updated:January 18, 2018, 11:25 PM IST. facebook · Twitter · google skype whatsapp. India Put up 55 Blocks on ...
India Starts Biggest Oilfield Auction In Eight YearsBloombergQuint
India To Auction 55 Oil, Gas Exploration BlocksE&P

all 14 news articles »

US, EU, Japan object to India raising Duty on electronics – Economic Times


Economic Times

US, EU, Japan object to India raising Duty on electronics
Economic Times
The EU, Japan and the US have objected to India's move of raising import duties on mobile phones, TVs and projectors. They have sought an explanation from India at the World Trade Organization (WTO) as under the Information Technology Agreement (ITA ...

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‘Govt. to help diversify export basket further’ – The Hindu


United News of India

'Govt. to help diversify export basket further'
The Hindu
The government is working on a marketing strategy to further diversify India's overall export basket, Commerce Minister Suresh Prabhu said on Thursday. He also said that the government was planning to introduce specific measures to ensure that India ...
New marketing strategy to diversify export basket on anvil, reasons PrabhuDaily Pioneer
Govt working on strategy to diversify export basket: PrabhuUnited News of India
Working on strategy to diversify export basket: Suresh PrabhuEconomic Times
BW Businessworld -Deccan Herald -News18
all 31 news articles »

Government to consider hike in sugar import duty, cut export duty – Moneycontrol.com


Moneycontrol.com

Government to consider hike in sugar import duty, cut export duty
Moneycontrol.com
India's sugar production has been revised upward by 4 percent to Rs 26.1 million tonnes for the 2017-18 season. PTI @moneycontrolcom. The government today said it will take appropriate steps to curb sugar imports and facilitate surplus exports in order ...

and more »

Government to consider hike in sugar import duty, cut export duty – Economic Times


Economic Times

Government to consider hike in sugar import duty, cut export duty
Economic Times
NEW DELHI: The government today said it will take appropriate steps to curb sugar imports and facilitate surplus exports in order to check falling wholesale prices of sweetener and ensure timely payment to cane farmers. Sugar industry bodies ISMA and ...

and more »

Govt working on strategy to diversify export basket: Prabhu – United News of India


Economic Times

Govt working on strategy to diversify export basket: Prabhu
United News of India
Govt working on strategy to diversify export basket: Prabhu. New Delhi, Jan 18 (UNI) Union Minister for Commerce and Industry Suresh Prabhu said on Thursday that the government is working on a strategy on the diversification of India's export basket in ...
Indian Food Market Expected To Cross USD 540 Billion By 2020- Suresh Prabhu, Union Minister For Commerce ...BW Businessworld
Working on strategy to diversify export basket: Suresh PrabhuEconomic Times
At Davos, We Expect Investments to Come to India in a Big Way: Suresh PrabhuNews18

all 23 news articles »

Sugar production to be up by 4%; exports possible, says ISMA – Economic Times


Economic Times

Sugar production to be up by 4%; exports possible, says ISMA
Economic Times
Therefore, as per the revised estimates of 261 lac tons of sugar production, India can export some of the additional stocks within the current season itself. Considering the additional sugar availability expected in the current season of around 10-11 ...
Sugar output revised upward by 4%; ISMA seeks import duty hikeOutlook India
ISMA raises sugar output estimate by 4% to 26 mn tonnes due to good monsoonBusiness Standard
Millers seeks 100 per cent duty on imported sugarUnited News of India

all 6 news articles »

High export duty of 30% deny Indian players edge in chrome ore trade – Business Standard


Business Standard

High export duty of 30% deny Indian players edge in chrome ore trade
Business Standard
A steep export duty of 30 per cent has made exports of low-grade chrome ore and chrome concentrates from the country unviable. This has led to African countries such as South Africa and Gabon stealing a march over India in seaborne chrome trade. Until ...

and more »

India Steel Ministry Seeks Abolition of Met Coal Import Tax – Bloomberg


India Steel Ministry Seeks Abolition of Met Coal Import Tax
Bloomberg
India's steel ministry is seeking to remove import tax on coking coal to soften the impact of rising costs on users of the key steel-making fuel and promote production of the alloy that's crucial for Prime Minister Narendra Modi's plan to boost ...

and more »

Export Promotion Council for EOUs and SEZs Celebrated its 15th – BW Businessworld


Export Promotion Council for EOUs and SEZs Celebrated its 15th
BW Businessworld
Export Promotion Council for EOUs & SEZs (EPCES) has been set up to service the export promotional needs of 100% Export Oriented Units (EOUs), Special Economic Zone (SEZ) Units and Special Economic Zone Developers in the country. Recognized by the ...

and more »

Indian Oil planning to enhance fuel trade with Bangladesh, Myanmar – Economic Times


Economic Times

Indian Oil planning to enhance fuel trade with Bangladesh, Myanmar
Economic Times
The first thing that may materialise in a month or so is a deal for liquefied petroleum gas (LPG), or cooking gas, under which Bangladesh would export LPG to India's northeastern states. "We are working on concepts that their trucks can come to India ...

SIAM Seeks R&D Incentive in Budget, Support For EV Parts Import – The Quint


The Quint

SIAM Seeks R&D Incentive in Budget, Support For EV Parts Import
The Quint
On electric vehicles, he said the industry has said that imported systems and components that are not made in India must be put under the preferential import tariff list. "Already there is a list and we have added more components to it," Sen said. SIAM ...
What the auto sector expects from the 2018 budgetEconomic Times

all 2 news articles »

EU curbs on fungicide use threaten basmati exports – Hindu Business Line


Hindu Business Line

EU curbs on fungicide use threaten basmati exports
Hindu Business Line
In the April-November 2017 period, India's total export of basmati was to the tune of $2.61 billion. Of this about $331 million of the aromatic rice was shipped to the EU, while the US bought basmati rice worth $120 million. The problems for Indian ...

India’s MoD approves import of assault rifles and carbines – IHS Jane’s 360


India's MoD approves import of assault rifles and carbines
IHS Jane's 360
India's Ministry of Defence (MoD) has approved the long-delayed procurement of 72,400 assault rifles and 93,895 close-quarter-battle (CQB) carbines for the Indian Army (IA) in a deal worth INR35.47 billion (USD553.33 million). The MoD's Defence ...

Task Force Creates a Road Map for Rural America

Byline:

On the day U.S. Ag Secretary Sonny Purdue took office, President Trump signed an executive order that created an Agriculture and Rural Prosperity task force. It was created specifically to identify ways for the federal government to come together to improve life in rural America. More than 21 different federal agencies were brought together, all with resources to assist rural communities. Input was also gathered from ag and rural stakeholders across the country.

Anne Hazlett is USDA’s Assistant to the Secretary for Rural Development. She says the task force identified dozens of recommendations for the federal government to consider that would improve life in rural America. The recommendations center around these five areas.

1. Better e-Connectivity for Rural America

Access to high-speed, high-capacity internet is necessary for everything from health care to education to market access is necessary for rural Americans, just like it is for people living in urban areas.

“Right now, nearly 40% of rural Americans lack access to sufficient broadband and this must change,” says Hazlett.

The task force recommends incentivizing private capital investment, including the use of public-private partnerships. It also wants to make investment in high-speed internet infrastructure more attractive by streamlining the burdensome review, approval, and permitting processes. 

Learn more: Rural Internet to Be High Priority for Trump Administration

2. Quality of Life

There are pieces of a community that enable the people living there to experience a high quality of life and must be addressed. They include modern utilities, affordable housing, efficient transportation, access to medical service, public safety, and quality education. Hazlett says, as part of this effort, a wide range of federal departments and agencies are also focused on crafting an effective response to the opioid epidemic.

“We are really looking at how we can best support rural communities in designing and building solutions that are based on their own specific needs and their strengths,” says Hazlett.

Learn more: Fighting Back in Rural America’s Opioid Crisis

3. Rural Workforce

Today’s rural areas are more economically diverse than in the past, which prevents an opportunity for growth in the workforce sector. However, employers want to locate where they know there is a workforce that’s ready for them. Hazlett says the task force found that a data-driven analysis of employee skills and job requirements is needed to help match curriculum and training programs to best serve those employers’ workforce goals. 

“One of the things that they looked at is career mapping within the education system beginning with K-12 education and continuing through higher levels,” says Hazlett. “What is needed there to help prepare the workforce of the future to fit rural economies?”

4. Innovation

The task force concluded that there is tremendous opportunity with the food demand for a growing worldwide population. Globally, the biotechnology sector is a driver. Hazlett says the task force believes this presents an unprecedented opportunity for American farmers and rural communities to excel in the front lines of innovation. 

“We have technology innovation in agriculture, but beyond we see innovation in manufacturing and mining technology that can also enhance the efficiency and safety of the rural workforce,” says Hazlett. 

5. Economic Development

The task force found that infusing rural areas with stronger businesses and investing in rural economic development will empower not only these places, but also all of America. Rural business men and women, entrepreneurs, and beginning farmers and ranchers need improved access to capital to help them start, grow, and expand. 

“We believe that enabling rural-based investment partnerships, whether they’re public or private, can help communities identify and develop projects that are best suited for investment, economic growth, and job creation,” says Hazlett. “Then beyond capital, the task force determined that identifying key regulatory reforms, streamlining processes, and improving inner-agency coordination is needed to create conditions in which the rural economy can thrive.”

Moving Ahead

The task force and its effort is much broader than the USDA and the issues that would fall within the jurisdiction of the agriculture committees in Congress.

“With Congress preparing to write this important (Farm Bill) legislation, we certainly hope that the task force report will serve as a fresh, strong, and valuable resource to those policymakers as they look at the magnitude of issues that impact these places that the legislation is designed to benefit,” says Hazlett.

With a clear road map, she says things are expected to start happening quickly. There are recommendations that can be worked on now such as regulatory reform and inner-agency partnerships. Hazlett says this will make the federal government more effective and efficient when working toward solving rural America’s challenges and maximizing its opportunities.

Read the Interagency Task Force on Agriculture and Rural Prosperity Report here.