While the Madhya Pradesh government projects it as a major reform to streamline fertiliser distribution, industry stakeholders say it’s still too early to assess.
India’s Rs 5,659-crore Mission for Cotton Productivity aims to tackle falling yields, poor seed quality, and rising import dependence through better technology, research, and traceability.
Soybean futures dropped, reflecting market skepticism about the vague assurances. While China pledged "double-digit billion" annual purchases, farmers await specifics on volumes and timing, hoping for relief from economic pressures.
The Iran war is causing global economic disruption. Inflation is rising, impacting consumers and markets worldwide. The US sees its worst inflation in years, while Europe braces for interest rate hikes.
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