Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
Reading: India Launches ₹30 Crore Fund to Boost Carabeef Exports
Share
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
© 2024 All Rights Reserved | Powered by India News Week
Trending Now: Stay updated with the latest breaking news from India and around the world
Indian govt creates funds to promote carabeef exports, may get ₹30 cr/year
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > India Launches ₹30 Crore Fund to Boost Carabeef Exports
Economy

India Launches ₹30 Crore Fund to Boost Carabeef Exports

Economy Desk By Economy Desk October 15, 2025 3 Min Read
Share
SHARE

The Commerce Ministry has established a commodity-specific fund aimed at promoting buffalo meat (carabeef) exports from India. Effective October 29, exporters will be required to pay ₹250 per tonne to the Agricultural and Processed Food Products Export Development Authority (APEDA) when applying online for the mandatory health certificate necessary for customs clearance of shipments. This initiative is projected to generate over ₹30 crore annually for the government.

According to a notification issued on October 14 by the Directorate-General of Foreign Trade (DGFT), exporters of chilled or frozen meat must present proof of payment to the Meat Export Development Fund (MEDF), managed by APEDA. Following amendments to relevant provisions, this additional export condition applies specifically to commodities such as fresh and chilled or frozen bovine meat and offal.

The new regulations are set to take effect on October 29, allowing a transition period for exporters. APEDA will retain 30 percent of the collected funds for administrative purposes, while the remaining 70 percent will be allocated for meat promotion.

India’s buffalo meat exports saw an increase of 8.6 percent, totaling $4.06 billion (approximately ₹34,392 crore) in 2024-25, up from $3.74 billion in 2023-24, despite a decrease in shipment volume from 1.3 million tonnes to 1.25 million tonnes. Data for April to August 2025-26 indicates that exports amounted to 485,441 tonnes valued at $1.7 billion (₹14,688 crore).

Given the inadequacy of budget allocations, the government is exploring alternative funding resources to benefit each sector. The creation of commodity-specific funds aims to bridge this gap. Sources indicate that the MEDF is likely to facilitate the establishment of a dedicated Indian Meat Pavilion at major food exhibitions such as Gulfood, ANUGA, and SIAL, akin to initiatives by competing nations including Brazil, the United States, and Australia.

In addition, the allocated funds can support trade delegations aimed at gaining market access in new regions and overcoming non-tariff measures (NTMs) that negatively impact meat exports. The MEDF is also expected to sponsor an increased number of buyer-seller meetings and promote research, development, and extension services focused on the preservation and distribution of quality meat and meat products.

Recently, the government implemented the Non-Basmati Rice Development Fund (NBDF), which mandates exporters to pay a contract registration fee of ₹8 per tonne to APEDA. The Commerce Ministry has authorized APEDA to retain 30 percent of the NBDF’s collected funds for service and infrastructure charges.

Published on October 15, 2025.

TAGGED:Economy NewsNews
Share This Article
Twitter Copy Link
Previous Article Ishan Kishan smacks hundred in Ranji opener, Abhimanyu Easwaran registers golden duck Kishan Hits Century in Ranji Opener; Easwaran Bowled for Golden Duck
Next Article Railways to build high-speed corridors, launch Vande Bharat 4.0; minister warns poor-quality suppliers Railways Unveils Vande Bharat 4.0 and High-Speed Corridors, Addresses Supplier Quality Concerns
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

Rupee’s 5-day winning streak ends with the currency closing at ₹93.93

You are a professional news headline editor. Rewrite the following headline into a unique, engaging, SEO-friendly English news title. Rules: Maximum 16 words. Output ONLY the rewritten headline. No quotes, no explanations, no instructions.Original: Rupee’s 5-day winning streak ends with the currency closing at ₹93.93Rewritten headline:

November 10, 2026
Indian IT stocks strengthen buoyed by weakness in the global AI trade and attractive valuations

You are a professional news headline editor. Rewrite the following headline into a unique, engaging, SEO-friendly English news title. Rules: Maximum 16 words. Output ONLY the rewritten headline. No quotes, no explanations, no instructions.Original: Indian IT stocks strengthen buoyed by weakness in the global AI trade and attractive valuationsRewritten headline:

November 9, 2026
Nvidia shares drop after CEO Huang’s affair triggers board probe

You are a professional news headline editor. Rewrite the following headline into a unique, engaging, SEO-friendly English news title. Rules: Maximum 16 words. Output ONLY the rewritten headline. No quotes, no explanations, no instructions.Original: Nvidia shares drop after CEO Huang’s affair triggers board probeRewritten headline:

November 9, 2026
Gold rises over 1% as softer oil prices ease inflation worries

You are a professional news headline editor. Rewrite the following headline into a unique, engaging, SEO-friendly English news title. Rules: Maximum 16 words. Output ONLY the rewritten headline. No quotes, no explanations, no instructions.Original: Gold rises over 1% as softer oil prices ease inflation worriesRewritten headline:

November 9, 2026
Iran suggests blasts are not US attacks as both sides report ships hit

You are a professional news headline editor. Rewrite the following headline into a unique, engaging, SEO-friendly English news title. Rules: Maximum 16 words. Output ONLY the rewritten headline. No quotes, no explanations, no instructions.Original: Iran suggests blasts are not US attacks as both sides report ships hitRewritten headline:

November 9, 2026
Photos: Diwali celebrations light up India and its global diaspora

Write one original, SEO-friendly English news headline for an Indian audience based on this source title: Photos: Diwali celebrations light up India and its global diasporaRules: factual and specific, include the key entity or number, 8-14 words, no clickbait, no quotation marks, output ONLY the headline text.

November 9, 2026

You Might Also Like

Game, set, monetisation - The Hindu BusinessLine
Economy

Game on: The Hindu BusinessLine’s Monetisation Strategy

3 Min Read
Anand Rathi Wealth reports 33 per cent increase in Q3FY25 at ₹77 crore
Economy

Anand Rathi Wealth Achieves Impressive 33% Growth in Q3FY25

2 Min Read
All gaming decks, on hand! 
Economy

Decked out with Gaming Fun!

3 Min Read
'Online voter deletion not possible': EC refutes Rahul Gandhi's claim; cites law and due process
Nation

EC Debunks Rahul Gandhi’s Voter Deletion Claim, Stresses Legal Procedures

3 Min Read

About IndiaNewsWeek

IndiaNewsWeek is your trusted source for breaking news, in-depth analysis, and comprehensive coverage of India and the world. We deliver accurate, timely reporting across politics, economy, sports, entertainment, and technology.

contact@indianewsweek.com

Quick Links

  • Nation
  • Politics
  • Economy
  • International
  • Sports
  • Entertainment

More Sections

  • Technology
  • Auto News
  • Education
  • About Us
  • Contact
  • Privacy Policy

Stay Connected

Follow us on social media for the latest updates and breaking news.

Facebook
X (Twitter)
YouTube
Follow US
© 2026 IndiaNewsWeek. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?