Since the discovery of large offshore oil and gas reserves in 2014, Senegal has set its hopes on fossil fuel export revenue to help fund its plans to become an emerging economy by 2035. Senegal is actively
The growth of agriculture is not commensurate with other sectors of the Indian economy.
NEW DELHI: The Centre, battling shortage of food grains and double-digit inflation, got a significant relief on Monday from the Supreme Court, which imposed an interim ban on further export of non-basmati rice. This interim order came on the Centre's petition questioning the decisions of various high courts to allow rice export by firms, which had challenged the April 1, 2008, central notification banning such exports.
ANIKET ALAM In the last week of April, India announced a us $5.4 billion credit to African countries for developing their infrastructure and meeting other development goals. This five year package also included duty free imports from 50 Least Developed Countries, of which 34 are in Africa. The government also announced a grant of us $500 million to African
the run-up to the high-level conference on food security in Rome promised a substantial shift in agricul-tural outlook, given host Food and Agricultural Organization
This paper attempts to analyse the current global crisis in the availability and prices of rice by drawing upon the long-term developments in the rice market. The instability and thinness in the world rice markets are shown to be mainly due to the predominantly precautionary export policies of major exporting countries, which in turn are a result of domestic food security considerations. Some possible policy options are also discussed.
T. Ramakrishnan To make available reasonable quantity of cotton for domestic market Karunanidhi writes to Manmohan Recommends 75-80 lakh bales export ceiling CHENNAI: Concerned at the continued rising prices of cotton and yarn, Tamil Nadu has suggested to the Union government to introduce the system of quantitative restriction on export of cotton annually.
In the wake of constant rally in the prices of raw cotton, the textile industry has demanded an immediate ban on cotton exports as well as removal of 10 per cent Customs duty and 4 per cent additional Customs duty on the imports of the commodity for the current year. "Due to non-availability of cotton at an affordable price, 10 per cent of the spindles have stopped working in the spinning mills," said S Dinakaran, vice-chairman, Southern India Mills Association.
Bishnu Dash Iron ore exporters in Orissa want the Centre'to exclude transportation cost from the 15 per cent ad valorem duty impose last month. Exporters argue that the transportation cost accounts for more than 60 per cent of the total value of iron ore exports. Earlier, a specific duty of Rs 300 per tonne was imposed on export of iron ore lumps and fines with over 62 per cent iron content, and Rs 50 per tonne on lower grade ore. Under the new policy, exporters are required to pay 15 per cent on the total value of the ore being shipped out.
'MAULIK PATHAK Ahmedabad, 18 June Gujarat's Saurasthtra region seems to be turning into a hotbed of illegal bauxite exports. ' Senior officials in the Commisionerate of Geology and Mining Department fear that 10.5-11 million tonnes bauxite worth Rs 1,200 crore was illegally exported from the region in 2007-08 fiscal. On Wednesday, a team from Gandhinagar begun seizing bauxite at Okha port. "About 30,000 tonnes bauxite has been seized from the area today," said a department official. The operation is still on and this is only the tip of the iceberg, say officials.
Agriculture and food minister Sharad Pawar has said the restrictions imposed on export of major foodgrain are not permanent and the government could lift the ban once the supply situation improves. "I am confident that prices will go down and in such a situation we don't want to continue with these types of restrictions," Pawar said when asked about the demand being raised by world leaders on lifting export ban.
