Thursday, Apr 18 2024 | Time 06:48 Hrs(IST)
image
Business EconomyPosted at: May 4 2022 6:30AM


Canada to invest $3.4 mn to boost grain exports

Toronto, May 4 (UNI/Sputnik) Canada will invest $3.43 million in its agricultural sector in an effort to boost grain exports, the country’s agriculture department said.
"Today, the Minister of Agriculture and Agri-Food, the Honourable Marie-Claude Bibeau, announced an investment of up to nearly $4.4 million [$3.43 million USD], over two years, to support three industry organizations in their efforts to grow Canada’s grain exports," Agriculture and Agri-Food Canada said in a statement on Tuesday.
The bulk of the funding - $2.74 million - will go to the Winnipeg-based Cereals Canada industry association, while the Canada Grains Council and the Prairie Oat Growers Association will share the rest of the money, according to the statement.
The global grain supply has become a hotly debated issue since the start of Russia’s military operation in Ukraine, with the two Eastern European nations accounting for approximately a quarter of the world’s grain exports.
Experts believe that rising food prices and potential shortages could trigger social unrest in various countries around the world.
UNI/SPUTNIK MYK
Please log in to get detailed story.
Tags: #Canada to invest $3.4 mn to boost grain exports
More News

17 Apr 2024 | 7:45 PM

Mumbai, Apr 17 (UNI) Despite over 17 per cent jump in Revenue, Tata Communications’ net profit has come down more than 46 per cent to Rs 968 crore for the fiscal 2023-24 down from Rs 1796 crore in the previous financial year.

see more..

17 Apr 2024 | 7:31 PM

Mumbai, Apr 17 (UNI) Despite over 17 per cent jump in Revenue, Tata Communications’ net profit has come down more than 46 per cent to Rs 968 crore for the fiscal 2023-24 down from Rs 1796 crore in the previous financial year.

see more..

Premier Energies Photovoltaic Private Ltd secures export order from Amara Raja Infra for Bangladesh project

17 Apr 2024 | 7:23 PM

Kolkata, Apr 17 (UNI) Premier Energies Photovoltaic Private Limited, a wholly owned subsidiary of Premier Energies Limited (PEL), India’s second largest integrated solar cell and solar module manufacturer, has achieved another milestone by securing a 140 megawatt (MW) Solar PV Modules supply export order from Amara Raja Infra Private Limited for an EPC project in Bangladesh.

see more..

ZEE new org structure – Broadcast, Digital, Movies & Music key Biz verticles

17 Apr 2024 | 6:00 PM

New Delhi, Apr 17 (UNI) A day after withdrawing merger implementation application from NCLT, ZEE Entertainment on Wednesday announced new structure for the organization across 4 key business areas – Broadcast, Digital, Movies and Music with a view to enhance performance and profitability.

see more..

PHD Chamber identifies 10 key enablers for India to become Viksit Bharat by 2047

17 Apr 2024 | 5:01 PM

New Delhi, Apr 17 (UNI) Industry body PHD Chamber of Commerce and Industry has identified 10 key enablers including ease of doing business, reducing cost of doing business such as cost of capital, power, logistics, land among others, that would lead the Indian economy to “Viksit Bharat by 2047”
Releasing a blueprint for “Viksit Bharat by 2047”, the PHDCCI said the Indian economy is displaying robust growth post Covid pandemic despite continued global headwinds. India’s economy will become USD 34.7 trillion by 2047 with per capita income of USD 21000.

see more..
image