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Showing posts from June, 2020

NDDB promotes 'pashu ayurveda' to control animal diseases

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Cattle and buffaloes account for more than 50% of the livestock population in India, according to the latest census. The National Dairy Development Board (NDDB) is aggressively promoting use of ethno-veterinary medicine after seeing success in a pilot project run at Sabarkantha dairy in Gujarat. from Agriculture-Economy-News-Economic Times https://ift.tt/31pUdv4

Indian marine fish landings rise marginally in 2019

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A study report on annual marine fish landings estimates in the country during the last year released here by the CMFRI showed that Tamil Nadu took the first position with 7.75 lakh tonnes followed by Gujarat at 7.49 lakh tonnes. Gujarat was holding the first position for the past few years. Kerala (5.44 lakh tonnes) retained the third position. from Agriculture-Economy-News-Economic Times https://ift.tt/3g45zsK

Tech saves the day for India’s leading dairy brands as lockdowns become new normal

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Amul brand required an infrastructure that can support data-intensive and demanding workloads. The cooperative giant’s faith and steady investment in latest technology over the past 10 years has helped it wither the lockdown storm with little or no pain to dairy farmers or consumers. from Agriculture-Economy-News-Economic Times https://ift.tt/2NHUZeI

Agriculture drones cleared for night missions

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India is the first country in the world to utilise drones in anti-locust operations and the United Nations’ Food and Agriculture Organisation (FAO) has lauded the agriculture department’s work in fighting locusts using the latest technology. from Agriculture-Economy-News-Economic Times https://ift.tt/2YJb225

Agriculture ministry eyes drones for night duty in locust fight

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The broad specification comes a little over one month after India’s civil aviation regulator granted the agriculture ministry conditional exemption to use drones in anti-locust operations, making India the first country to do so. from Agriculture-Economy-News-Economic Times https://ift.tt/3i7zdPA

Crop sowing doubles from last year

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The biggest increase is in oilseeds, under which area has gone up by more than six times. The area under pulses has increased by up to three times. Central India, which has received the heaviest rainfall in the country this season, is a major area for these crops. from Agriculture-Economy-News-Economic Times https://ift.tt/2NzUSC6

Sugar output likely to rise 8% in 2020-21 season: Trade body

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"Based on the satellite images procured in the latter part of June 2020, the total acreage under sugarcane in the country is estimated to be around 52.28 lakh hectares in 2020-21 sugar season (SS), which is about 8% higher than 2019-20 sugar season’s cane area of around 48.41 lakh hectares," said a release from ISMA. from Agriculture-Economy-News-Economic Times https://ift.tt/2BHeqkZ

Indian coffee loses market share in Europe

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India is the second top seller of coffee in Italy after Brazil. Germany, Belgium, Russia are also big buyers of Indian coffee. With Covid problems in Europe, the buyers were looking for lower prices and Indian exporters, especially those in the small and medium category, were unable to meet their demand. from Agriculture-Economy-News-Economic Times https://ift.tt/3dvUgrq

India's farm trade may rebound in second half of 2020: Fitch Solutions

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The central government imposed a strict nationwide lockdown from March 25 to April 30, and then a partial lockdown in May to prevent the spread of coronavirus. Stating that the farm trade was greatly disrupted during the lockdown due to logistic issues, Fitch Solutions said both exports (rice, sugar) and imports (palm oil) collapsed over March-June. from Agriculture-Economy-News-Economic Times https://ift.tt/2Vbg8Ci

Rajasthan faces fresh locust attack, Haryana & Gujarat also at risk

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Rajasthan has been put on high alert and there was a risk of swarms entering Madhya Pradesh, Uttar Pradesh, Punjab, Haryana and Gujarat. Niti Aayog CEO Amitabh Kant said drones have helped in controlling locust over inaccessible areas and tree tops. from Agriculture-Economy-News-Economic Times https://ift.tt/2YqP8AU

View: Up ease of doing agriculture stakes

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It’s a little over a month since finance minister Nirmala Sitharaman announced a Rs 20 trillion stimulus package, which includes measures to improve agricultural infrastructure in the face of the economic battering caused by Covid-19. from Agriculture-Economy-News-Economic Times https://ift.tt/2YmwGcw

CISH initiates process for GI tag for Banarsi Langrha, Chausa mangoes

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Once the varieties get the GI tag, producers of these mangoes are likely to fetch a good price and farmers of other regions cannot market their fruits by misusing the name. from Agriculture-Economy-News-Economic Times https://ift.tt/3hKUvlP

Tea exports dip by 5.6 per cent in last fiscal

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​​Sources in the Tea Board attributed the dip to economic slowdown across the globe. Iran continued to be second largest importer with the country buying 46.47 mkg in 2019-20 - up from 41.02 mkg in the previous fiscal. Offtake by China also increased to 12.71 mkg from 10.58 mkg. from Agriculture-Economy-News-Economic Times https://ift.tt/3exWb0h

Facing problem of funds, Tea Board urges industry to stand on its feet

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Rudra Chatterjee, managing director of Luxmi Tea, which owns the famous Makaibari estate, said that the time has come to focus on the quality of the crop, not the quantity. from Agriculture-Economy-News-Economic Times https://ift.tt/3dhr1sn

Kharif planting rises 40% on strong monsoon start

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The timely arrival and rapid spread of the monsoon along with good pre-monsoon showers in the north accelerated sowing, said officials. from Agriculture-Economy-News-Economic Times https://ift.tt/30X0gXK

Fruits, vegetable traders on verge of closing shops, dues unpaid since March

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Traders said they have now reduced the credit period for these buyers beginning June. Earlier, the credit cycle was three to six months, which has now been brought down to one month. We are hoping to recover the payments in the next five to six months, said Azadpur Chamber of Fruits and Vegetables Association president. from Agriculture-Economy-News-Economic Times https://ift.tt/2YSXGiK

Government mulls raising minimum selling price of sugar

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A task force constituted by Niti Aayog on sugarcane and sugar industry has recommended a one-time increase of Rs 2 per kg. The increase is also likely because the Commission for Agricultural Costs and Prices has recommended raising the fair and remunerative price (FRP) of sugarcane by Rs 10 a quintal to Rs 285 for 2020-21. from Agriculture-Economy-News-Economic Times https://ift.tt/30QOSwB

India's rice output could hit record as farmers expand area

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Higher output by the world's biggest rice exporter could dampen domestic prices and make exports more competitive, compensating for lower supplies from rivals Thailand and Vietnam. from Agriculture-Economy-News-Economic Times https://ift.tt/3fzAMnh

CCI slashes cotton prices to boost sales

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Cotton Corporation of India (CCI) ​​ has slashed the price of its cotton to promote sales. This has made domestic cotton cheaper than the imported cotton, however, large availability of cotton in the current year and forecast of a big crop ahead has kept the buying subdued. from Agriculture-Economy-News-Economic Times https://ift.tt/3fsCozg

Wheat procurement hits all-time high

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Food minister Ram Vilas Paswan told ET that the procurement is still on and would exceed the target of 40.7 MT. "We are committed to buy every single grain of farmers. The way procurement is progressing, we expect to end up with an all-time record procurement of 44.17 MT," he said. from Agriculture-Economy-News-Economic Times https://ift.tt/3fvY9OA

Dry fruit prices fall 20% on low demand, US-China tensions

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The prices of dry fruits have declined as much as 20 per cent in the last three months, mainly due to the current US-China tussle and sluggish demand due to the lockdown. The prices of dry fruits like almond, cashew or pistachio having high nutritional value have fallen by Rs 200 per kg. from Agriculture-Economy-News-Economic Times https://ift.tt/2YEwPqv

India joins Global Partnership on Artificial Intelligence

On June 15, 2020, India joined the Global Partnership of Artificial Intelligence as a founding member. Highlights The other leading member countries that joined along with India are UK, USA, European Union, Australia, France, Canada, Germany, Mexico, Italy, Republic of Korea, Singapore, New Zealand, etc. The Gee-Pay or GPAI-Global Partnership on Artificial Intelligence is a Read More... from Agriculture – Current Affairs Today https://ift.tt/2UP6pBn

Record harvest likely as southwest monsoon makes swift progress

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The rains have now covered most parts of southern, western and central India either before or on time. The northern and eastern states remain are on course to do the same. The progress of the monsoon, which delivers about three-quarters of India’s annual rainfall, is a key determinant of agricultural output and rural incomes. Kharif crop planting has already increased 13% over last year’s. from Agriculture-Economy-News-Economic Times https://ift.tt/2ULTsYS

Nafed procures 25,000 tonnes of onion so far to create buffer stock

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Nafed on Sunday said it has procured 25,000 tonnes of onion so far from farmer producer organisations (FPOs), cooperatives and direct purchase centres at the prevailing rates for creating a buffer stock on behalf of the government. from Agriculture-Economy-News-Economic Times https://ift.tt/2MXdYBC

Bengaluru's industry body hails proposed amendment to land reforms law

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The BCIC comments follow the State Government's decision to do away with the restrictions on buying agricultural land by non-agriculturists, bidding bye to a decades-old law. Now any Indian, or a trust, society, company or an educational institution can buy farmland in Karnataka regardless of the buyer’s annual income from non-agricultural sources once the law is amended. from Agriculture-Economy-News-Economic Times https://ift.tt/3d0U978

COVID-19 and Child Labour Report by the United Nations

The International Labour Organization and the UNICEF have released a report on Child Labour. The report has been released under the title Title: COVID-19 and Child Labour: A Time of Crisis, A Time to Act Key Findings The report says that millions of children are to be pushed to child labour due to COVID-19 crisis. Read More... from Agriculture – Current Affairs Today https://ift.tt/3hrMl1s

Shahakar Mitra Scheme launched

On June 12, 2020, the Union Agriculture Minister shri Narendra Singh Tomar launched Shahakar Mitra scheme. The scheme has been launched to assist the cooperative institutions to access innovative ideas of young professionals. In return the young interns will gain confidence to become self-reliant in the field. Highlights The Scheme is an internship programme for Read More... from Agriculture – Current Affairs Today https://ift.tt/3hsVhnF

Indian born American Scientist wins World Food Prize

On June 11, the Indian American soil scientist Dr Rattan Lal has won the World Food Prize for mainstreaming and developing soil centric approach in order to increase food production. Highlights Dr Lal’s strategy of restoring soil health has been adopted by three United Nations Climate Change Conferences. Techniques of Dr Lal Dr Lal has Read More... from Agriculture – Current Affairs Today https://ift.tt/30xlgnP

Govt to give 50% subsidy for fruit, vegetable transport to help farmers cut post-harvest loss, avoid distress sale

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Subsidy will be disbursed if the price in notified production clusters falls below the average of the preceding three years or if it falls more than 15% from last year’s price at the time of harvest. It will also be given if the price falls below the benchmark price for procurement, for a specified period. from Agriculture-Economy-News-Economic Times https://ift.tt/2YrJvB8

Lockdown slows down claim settlements of crop insurance scheme

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“Claim settlement progress has been impressive in Himachal Pradesh, Uttar Pradesh and Maharashtra, where almost all the claims have been settled. But in states like Jharkhand, Karnataka and Madhya Pradesh, there is zero disbursement,” a government official said. from Agriculture-Economy-News-Economic Times https://ift.tt/2MNWV4Y

Enhanced Import Duty on Bamboo Sticks

The Government of India had recently announced that the import duty on bamboo sticks is to be increased from 10% to 25%. This is to have great impact on Agarbatti industry creating at least 1 lakh new jobs according to KVIC (Khadi and Village Industries Commission). Background The decision of enhancing the import duty was Read More... from Agriculture – Current Affairs Today https://ift.tt/3dV58Aj

Enhanced import duty to give a big boost to agarbatti and bamboo industries in India: KVIC

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KVIC said that the decision was taken by the Finance Ministry on the initiative of Union Minister for MSME, Nitin Gadkari, who had urged Prime Minister Narendra Modi to increase the import duty on bamboo sticks to discourage heavy import and help local industry. from Agriculture-Economy-News-Economic Times https://ift.tt/2YqmIWf

Food ministry chalks out plan to liquidate sugar mills stocks worth Rs 30,000 crore

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“Apart from that, we would be releasing assistance of Rs 1,100 crore on account of export and buffer subsidy to sugar mills this month itself. This would facilitate sugar mills in clearance of their balance arrears, which have crossed Rs 22,000 crore,” said a senior food ministry official. from Agriculture-Economy-News-Economic Times https://ift.tt/3hbhWEC

MSP for agri crops higher than global, market price; need to find viable solution: Nitin Gadkari

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"The most important problem in this sector is that (among) the international price for agriculture commodities and the market price and the MSP, there is a vast difference. Now there are a lot of problems, some political problems are also there. It is very difficult for the government to take decisions. from Agriculture-Economy-News-Economic Times https://ift.tt/37j42vA

Haryana: 1,000 Water Recharge Bores to be constructed

On June 11, 2020, the Haryana Government announced that, it will construct 1,000 water recharge bores in the state. The water bores are to be constructed in the water deficient areas of the state. Highlights The bores are being constructed in the state of Haryana to recharge the underground water with rainfall. The State Government Read More... from Agriculture – Current Affairs Today https://ift.tt/30ygTZI

Subsidy on transportation of fruits & veggies on big price fall

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The Centre will provide 50% subsidy on the transportation of fruits and vegetables if prices fall below threshold levels, government officials said. from Agriculture-Economy-News-Economic Times https://ift.tt/2MPXQ4O

Per Drop More Crop: Rs 4,000 crore allocated

The Government of India has allocated Rs 4,000 crores under Per Drop More Crop component of Pradhan Mantri Krishi Sinchayee Yojana for the year 2020-21. Highlights The Government of India has allocated the funds to implement the Per Drop More Crop component and the state governments are to identify the beneficiaries. Along with this, the Read More... from Agriculture – Current Affairs Today https://ift.tt/2Ad9Mev

GoI to boost Saffron and Heeng Production

Saffron and Heeng are the most precious and valuable spices in the world. The Institute of Himalyan Bioresource Technology has partnered with the Department of Agriculture, Himachal Pradesh will join hands to boost the production of Heeng and Saffron in India Need The annual demand of Saffron spice in India is 100 tonnes per year. Read More... from Agriculture – Current Affairs Today https://ift.tt/3dKNpvj

Odisha targets 96 lakh metric tonne of foodgrain production in kharif-2020

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More than 60 per cent of Odisha's population depends on the agriculture sector. The government had announced a special package of Rs 200 crore for farmers who are affected by the COVID-19 pandemic. from Agriculture-Economy-News-Economic Times https://ift.tt/2Utymyi

Sugar companies pin hopes on New Export Policy to clear stocks

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A meeting was held by minister Ram Vilas Paswan of the concerned departments on Monday to review the ongoing situation and discuss the policy measures for the next sugar season at a time when India is expected to produce 27MT of sugar in the 2019-20 sugar season, while the production in 2020-21 is expected to be about 31 MT. from Agriculture-Economy-News-Economic Times https://ift.tt/3dQDJiK

Government to create 3,500 FPOs in 3 years to help boost farmer incomes

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Recently, the Commission for Agricultural Costs and Prices (CACP), which recommends minimum support price (MSP) for crops, asked the government to promote formation of commodity-specific FPOs under “One-Product One-District” initiative to improve backward and forward linkages, and convergence of FPOs promoted by various agencies. from Agriculture-Economy-News-Economic Times https://ift.tt/3cQhTuH

Tractor makers explore rental route as agricultural economy grows

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With the country seeing a good rabi crop and a bumper harvest in the offing, workers see a future for themselves in the agriculture space. Some industry experts think labourers will stay back even for sowing and not come back till November. from Agriculture-Economy-News-Economic Times https://ift.tt/2MFbVSu

Madhya Pradesh leads the way in wheat procurement followed by Punjab

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Over 14.19 lakh farmers got direct cash transferred to their accounts by the state government in an average of seven days, said a state government press release. An amount of Rs 20,253 crore has been deposited in the accounts of the farmers. from Agriculture-Economy-News-Economic Times https://ift.tt/3eYagna

Assam to set up 100 Farmers’ Producers Company for ramping up agricultural production

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Chief Minister Sarbananda Sonowal today reviewed the functioning of agriculture department city and directed the Assam Seeds Corporation Limited to produce the seeds required by the state’s farmers in the state itself. from Agriculture-Economy-News-Economic Times https://ift.tt/2XGnwHk

Ram Vilas Paswan asks mills to clear Rs 22,000 cr cane arrears to farmers

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"Mills have to pay total Rs 72,000 crore for sugarcane purchased from farmers during the 2019-20 season (October-September). Maximum has been paid and the arrears left are about Rs 22,000 crore which we are asking mills to clear at the earliest," Paswan said. from Agriculture-Economy-News-Economic Times https://ift.tt/3dMxMn5

CoE for IoT based agri solutions generated significant benefits: Hewlett Packard Enterprise

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The CoE is focused on upskilling students in areas of Internet of Things (IoT) and programming to improve their employment prospects and also supports local farmers to help them achieve higher food production from finite land resources. from Agriculture-Economy-News-Economic Times https://ift.tt/3h58VwW

President promulgates ‘Agri Ordinances’ aimed at boosting farmers income

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Agriculture minister Narendra Singh Tomar has asked all chief ministers of states to implement the provisions and create an ecosystem for farm growth.He stressed the need for their continued support in the development and growth of the agriculture sector in the new reformed environment. from Agriculture-Economy-News-Economic Times https://ift.tt/378DnBB

NABARD provides Rs 270 crore to Assam Gramin Vikash Bank

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Following the pandemic, NABARD has provided Rs 25,000 crore nationwide for providing liquidity support to Cooperative Banks, Regional Rural Banks and Micro Finance Institutions (MFIs) during 2020-21 with a view to ensuring continued flow of credit to farmers. from Agriculture-Economy-News-Economic Times https://ift.tt/2Xyhmcc

Minimum selling price for sugar may be hiked by up to ₹2 a kg

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Sugar industry argues that the raise in MSP would not affect public much as 65% of the sweetener is being used by the bulk consumers like food products and soft drink manufacturers. from Agriculture-Economy-News-Economic Times https://ift.tt/3eMiYEY

Interest subvention on crop loans extended till August 31

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The Reserve Bank of India on May 23, 2020 had permitted all lending institutions to extend moratorium on repayment of loans by another three months (up to August 31, 2020) in wake of the extension of lockdown and continuing disruption on account of COVID-19 pandemic. from Agriculture-Economy-News-Economic Times https://ift.tt/2Y4inYu

Agri sector likely to remain resilient from COVID-19 impact; to grow 2.5% in FY21: Crisil

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With the pandemic and the ensuing lockdown, demand for horticultural produce is likely to be impacted more than that of food grains. Food grains have the government's minimum support price (MSP) and procurement support, the report explained. from Agriculture-Economy-News-Economic Times https://ift.tt/2XwVtKi

GMO-seed maker says sales are immune to India’s economic slump

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The Telangana-based firm this week said revenue will rise as much as 20% in the financial year started April 1, compared with an average 15% forecast by eight analysts. Prime Minister Narendra Modi’s decision to scrap royalties paid to Bayer AG for Monsanto’s genetically modified cotton will also help Kaveri Seed, the company said. from Agriculture-Economy-News-Economic Times https://ift.tt/3gTiChF

Cabinet nod to two ordinances on agri trade, modern tech

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It also cleared an amendment to the Essential Commodities Act, to remove commodities such as cereals, pulses, oilseeds, edible oil, onion and potatoes from the list of essential commodities. This will lift any restrictions on stocking these commodities by processors, millers, importers, exporters and traders. from Agriculture-Economy-News-Economic Times https://ift.tt/2BoeBSa

Central Employment Guarantee Council Meet chaired by Rural Development Minister

On June 2, 2020, the Union Minister of Rural Development Shri Narendra Singh Tomar chaired the 21st meeting of the Central Employment Guarantee Council. Highlights During the meet, it was highlighted that the GoI has created assets for irrigation and water conservation. Also, individual assets have been created to help agriculture under MGNREGA. All time Read More... from Agriculture – Current Affairs Today https://ift.tt/36V31ts

Union Cabinet gives nod to amendments to Essential Commodities Act

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The amendments that have been approved will pave the way for moving items like oilseeds, pulses, potatoes, onions out of the ambit of the Act and won't be subjected to stock limits except under exceptional circumstances. from Agriculture-Economy-News-Economic Times https://ift.tt/2U5yxjk

Govt taking steps to pay wages of MGNREGA workers in bank account: Narendra Singh Tomar

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Government has allocated Rs 61,500 crore for Mgnrega for 2020-21. Besides, an additional provision of Rs 40,000 crore has been made for this programme under Atmanirbhar Bharat Abhiyan to provide employment to the needy workers during this difficult period arising of COVID-19. from Agriculture-Economy-News-Economic Times https://ift.tt/305eaXh

Horticulture production in 2019-20 estimated 3.13% higher than last year

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The second advance estimates also places total horticulture production in 2019-20 to be at 320.48 million tonnes - 3.13% higher than last year. from Agriculture-Economy-News-Economic Times https://ift.tt/3eCu3bI

Maharashtra to use drones to spray insecticides on locust swarms: Agriculture Minister

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Bhuse also said that 32 lakh farmers had applied under the 'Mahatma Jyotiba Phule' crop loan waiver scheme, and the amount of Rs 12,000 crore has been deposited in the accounts of 19 lakh of 30 lakh eligible farmers before the lockdown came into force. from Agriculture-Economy-News-Economic Times https://ift.tt/3cqIuOH

India steps up efforts to curb locust infestation

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India has brought the locusts under control at 399 locations in five states and has placed an order to buy 60 new insecticide spraying machines, two government sources said. from Agriculture-Economy-News-Economic Times https://ift.tt/3dqGQxZ