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NewsHTSunday, 13 September 2026NEW

Brics nations agree to set up agri info network, grain trading portal

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Summary

New Delhi: BRICS members on Saturday, in their unanimously adopted New Delhi declaration, agreed to establish the Brics Agro-Inputs, Genetic Resources, and Information Network (BRICS AGRIN) as well as emphasised the importance of setting up a grain trading platform amongst themselves, to be called Brics Grain Exchange, which could potentially be expanded to include other agricultural products and commodities at a later time

Key Facts

TypeNews
SourceHindustan Times - India
PublishedSunday, 13 September 2026
Affected Population~150 million farming households, 42% of workforce

Key Numbers

Agri budget: Rs 1.52 lakh crore (2025-26)
MSP for 23 crops
PM-KISAN: Rs 6,000/year to 9 crore farmers
PM-JAY: 55 crore beneficiaries

Key Authorities

Ministry of Agriculture & Farmers WelfareICARFCIMinistry of Social Justice & EmpowermentNITI Aayog

Key Stakeholders

FarmersFPOsAgri-Input IndustryBPL FamiliesSenior CitizensPersons with Disabilities

Government Context

NDA IIIBJP-led NDA
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