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On July 25, 2018, the Court of Justice of the European Union issued its judgment that organisms created through many newer genome editing techniques are to be regulated....
On July 4, 2018, the Government of India (GOI) approved a significant increase in the minimum support prices (MSPs) for the kharif (fall harvested) crops for the 2018/19 season.
On June 14, 2018, an agreement on the successor to the Renewable Energy Directive (RED) was reached for 2021-2030.
FAS India forecasts MY 2018/19 cotton production at 28.7 million 480 lb. bales on 11.85 million hectares.
On July 2, 2018, the Ministry of Commerce and Industry issued a notification extending the quantitative restrictions (QRs) on imports of peas by another three months until September 30, 2018.
Organized retail continues consolidation with larger players expanding through acquisition. Domestic and international retailers are building stronger cash and carry wholesale businesses.