Agriculture exports likely to double to $100 bn by 2030: Commerce Secy

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India's current agriculture exports, valued at over USD 50 billion, are projected to double by 2030, reaching USD 100 billion, according to Commerce Secretary Sunil Barthwal. Speaking at the IndusFood Show 2024, Barthwal highlighted the potential for growth in segments like ready-to-eat foods.

from Agriculture-Economy-News-Economic Times https://ift.tt/DSalTep

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Drought roils crops in 42 lakh hectares in Karnataka worth Rs 30,433 crore

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The deficit rainfall in Karnataka has caused crop losses in 42 lakh hectares, worth about Rs 30,433 crore, during the six-month kharif season. The drought has affected agricultural and horticultural crops, leading to a 28% rainfall deficit and the third lowest rainfall in the state since 1973. This has resulted in farmers being unable to sow major crops and has posed a challenge in meeting drinking water needs. from Agriculture-Economy-News-Economic Times https://ift.tt/8SsDEuk
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