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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14
Basmati rice to millet bars: PM Modi gifts India's finest...
By ANI · 2026-05-21 · via Economy News, Latest Economic News Today | The HinduBusinessLine

Prime Minister Narendra Modi presented elements from India's diverse agricultural heritage as gifts to the Director-General of the Food and Agriculture Organisation (FAO), during his visit to Italy. The Prime Minister presented India's finest grains, which included Red Rice from Keralam, Gobindobhog Rice from West Bengal, Basmati Rice from the Indo-Gangetic plains, Joha Rice from Assam, Lala Namak Rice from Uttar Pradesh and millet bars from various regions of Maharashtra.

Red Rice is an indigenous grain from the black soils of Palakkad, Kerala. Red Rice, known as Matta or Palakkadan Matta. Its hallmark is a vibrant reddish-brown hue and a bold, plump texture, retained through minimal polishing. This coarse variety is a nutritional powerhouse, rich in fibre, magnesium and Vitamin B6. As a GI-protected product, it preserves the traditional farming heritage of the Western Ghats.

Gobindobhog rice is a premium, aromatic short-grain rice from West Bengal, often called the "Rice Bowl of Bengal." Distinguished by its small, oval shape and milky lustre, it is world-renowned for its signature buttery, sweet aroma. Unlike long-grain varieties, it develops a unique sticky texture upon cooking, making it the ideal material for traditional delicacies like Payesh and Khichuri.

Basmati rice, known as the "Queen of Fragrance," is a premium long-grain variety originating from the fertile Indo-Gangetic plains. Its defining features are its exceptionally slender grains that nearly double in length when cooked. Unlike other rice, the material is aged to enhance its signature nutty aroma and ensure a fluffy, non-sticky texture. Nutritionally, it is gluten-free with a medium glycemic index, offering a healthier profileJoha rice is a premium, indigenous aromatic variety exclusive to the fertile Brahmaputra Valley of Assam.

A unique "Sali" (winter) rice, it is distinguished by its small grain size and a potent, sweet fragrance driven by a high concentration of volatile oils. Unlike non-scented varieties, the material is a nutritional powerhouse, rich in antioxidants and features a delicate, buttery taste. Kalanamak Rice, often hailed as the "Buddha Rice," originated in the Terai region of Uttar Pradesh, particularly Siddharthnagar. This ancient, aromatic variety is distinguished by its unique black husk and medium-slender grain.The rice is a nutritional powerhouse, rich in iron, zinc, and antioxidants, while possessing a low glycemic index.

Millets are an integral part of Maharashtra's agricultural heritage, widely cultivated in regions such as Solapur, Ahmednagar and the Marathwada belt. Major varieties include jowar (sorghum) and bajra (pearl millet), which are well-suited to the state's semi-arid climate and low rainfall conditions. These climate-resilient crops are valued for their high nutritional content, including dietary fibre, protein and essential minerals. Millets are also used in new and tasteful ways, such as these millet bars, which integrate health consciousness with on-the-go availability.

In this form, millets represent a fusion of the ancient and the modern. During his visit to Italy, Prime Minister Narendra Modi on Wednesday was conferred with the prestigious Agricola Medal for 2026 by the Food and Agriculture Organization (FAO) of the United Nations at the FAO Headquarters in Rome, which he said honoured India's unwavering commitment to human welfare.

PM Modi dedicated the honour to Indian farmers and the Indian agricultural scientific community, who tirelessly work to ensure food security and nutrition for Indians and for people around the World. He underlined that the recognition was a tribute to India's commitment to human welfare, food security and sustainable development. Highlighting the centrality of agrarian life in India, the Prime Minister emphasised that agriculture was a sacred bond between Mother Earth and the Indian people. Prime Minister Modi's visit to FAO Headquarters was the first by an Indian Head of Government in the last 30 years.

Published on May 21, 2026