Agri News India

Both direct (electricity and fuel) and indirect (nitrogenous and phosphorus fertilisers, and pesticides) energy use in Indian agriculture have increased over the years. Indirect use of energy in the form of fertilisers contributed 68.4 per cent in 2009-10 but reduced to 60.61 per cent in 2019-20. Electricity consumption in agriculture is increasing, driven by higher irrigation demand for new crop varieties and subsidised electricity provided to the sector. from Agriculture-Economy-News-Economic Times https://ift.tt/JpBSlK6

Arunachal Pradesh Chief Minister Pema Khandu has announced the establishment of a mini food park in West Siang district, equipped with food processing units to handle all agricultural produce from the entire Siang belt. Khandu declared the Arunachal Pineapple Festival, organized by the All Bagra Welfare Society in collaboration with the Arunachal Pradesh Marketing Board, as an annual event from Agriculture-Economy-News-Economic Times https://ift.tt/uRCfMZX

Delivering the keynote address at the inauguration, NITI Aayog Member Ramesh Chand emphasised on the need for awareness on how agriculture contributes to climate change, citing a contribution of a little more than 13 per cent of the total greenhouse gas emissions in the country. from Agriculture-Economy-News-Economic Times https://ift.tt/HeugzbC

The government is likely to significantly enhance allocation for key farm sector schemes and push credit in the interim Budget to boost rural economy. Growth in the agriculture sector is projected to decelerate to 1.8% in 2023-24. The government is also likely to announce a substantial increase in the agricultural credit target to Rs 22-25 lakh crore for the next fiscal. from Agriculture-Economy-News-Economic Times https://ift.tt/SpGdsVz

Apple growers in Jammu & Kashmir and Himachal Pradesh, India's prime apple-growing regions, are facing a significant drop in production this year due to the absence of snowfall and rainfall. Insufficient moisture and chilling hours are impacting crop quality and yield, potentially leading to higher apple prices. from Agriculture-Economy-News-Economic Times https://ift.tt/m4VHpeJ

Expecting a fall in India's sugarcane production due to drought conditions in Maharashtra and Karnataka, India has banned use of sugar syrup and B-heavy molasses for ethanol. However, despite the sugar production being lower than previous year, citing 'reports', the ISMA has now claimed that the sugar production is likely to be higher than expected earlier. from Agriculture-Economy-News-Economic Times https://ift.tt/sre8uKY

Currently, the government provides interest subvention of two per cent on short term agri-loans of up to Rs 3 lakh for all financial institutions. This means farmers are getting a farm loan of up to Rs 3 lakh at a concessional rate of 7 per cent per annum. from Agriculture-Economy-News-Economic Times https://ift.tt/y6SpiEM

Interim Budget: The union budget speech by the Finance Minister Nirmala Sitharaman last year started off with emphasis on the economic empowerment of women. The budget also accorded renewed emphasis on enhancing the incomes of small and marginal farmers. The government aims to develop the lakhs of self-help groups (SHGs) in the country into viable income generating producer organisations and economically sustainable women enterprises. It also visualizes the evolution of 'Lakhpati Mahila's' from these networks. Additionally, the government plans to aggregate farmers into farmer producer organizations (FPOs) with strong fiscal and budgetary support to contribute towards doubling farmers' income. from Agriculture-Economy-News-Economic Times https://ift.tt/dDGl5mA

The country's wheat production is expected to be good this year amid higher coverage due to favorable weather conditions. The sowing of wheat, the main rabi crop, has been completed in top states like Uttar Pradesh, Madhya Pradesh, and Punjab. The total acreage under the wheat crop has remained higher compared to the previous year. from Agriculture-Economy-News-Economic Times https://ift.tt/hXVfKEc

The Uttar Pradesh government has raised sugarcane prices by ₹20 per quintal, benefiting sugarcane farmers ahead of the upcoming general elections. The state advisory price (SAP) for the early maturing variety is now ₹370 per quintal, up from ₹350, while common varieties increased to ₹360 per quintal and unsuitable varieties to ₹355 per quintal. from Agriculture-Economy-News-Economic Times https://ift.tt/Yop6IHx

While the production of vegetables is estimated to be 213.88 million tonnes in the year 2022-23, over 209.14 million tonnes of last year due to an increase in potato and tomato output, the data for onions has not been included. from Agriculture-Economy-News-Economic Times https://ift.tt/UXeRl3r

The experiment with Maize cultivation in Tinsukia, Assam aims to meet India's biofuel needs by increasing corn production. The area, known for tea cultivation, is expanding its agricultural output to include maize. The Union government has signed off on a plan to procure maize at fixed minimum support prices. from Agriculture-Economy-News-Economic Times https://ift.tt/Jq6gaIZ