Post-production gap is a major infrastructure challenge in horticulture industry, leading to loss of tons of crops, officials say. Almost 50 lakh metric tons of horticulture products are lost every year due to infrastructure gap in storage, handling and transport, authorities said. The Karnataka government has no facilities for storage of horticulture crops. Venkatesh Krishna, […]
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The New Mangalore port is Karnataka’s only major and busiest port. The state has ten minor ports too. There are plenty of fish in the sea, but no one to catch them. The pandemic drove most of the migrant labourers back to their home towns. Karnataka’s marine export industry is one of the industries affected […]
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Indian essential oil business flourished with highest exports in bergamot and peppermint while rose and citronella oils saw a dip in exports. While India’s overall export fell by 6.6 percent in 2020-21, essential oils’ export value grew and is at $214.47 million. In the Financial Year (FY) 2020-21, many businesses suffered due to the pandemic […]
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The trade balance for service sectors stands at 49.50 percent, however, the oil and non-oil trade stands at minus 78.13 percent which increases the price of consumer goods. Bengaluru: While the service trade balance showed a healthy increase after the pandemic, the merchandise trade has a deep fall said the Reserve Bank of India (RBI). […]
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