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Showing posts from November, 2020

Punjab farmers sold more paddy at higher MSP than last year: Javadekar on opposition to new farm laws

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Posting on his Twitter handle, Javadekar, the Minister of Environment as well as Information and Broadcasting, said, "Do not misunderstand the agricultural law. Punjab farmers sold more paddy at higher MSP in the market this year compared to last year. MSP is alive and market is also alive and government procurement is also happening." from Agriculture-Economy-News-Economic Times https://ift.tt/36kpdhT

Edible oil industry demands restoration of the import duty on palm oil by March to prevent slide in mustard prices

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Edible oil prices have been rising since May despite the pandemic-led demand destruction due to global factors and shortage of domestic mustard crop. India reduced the import duty on crude palm oil with effect from November 27 following an increase in oil prices by nearly 50% in the past six months. from Agriculture-Economy-News-Economic Times https://ift.tt/3mgurkt

View: GoI needs to clearly spell out the intent behind the new farm laws

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Economic history, market competition and Food and Agriculture Organisation indicators are the basis for new farm laws. from Agriculture-Economy-News-Economic Times https://ift.tt/33rv4QF

MP: Farmers dump guavas in garbage vehicle as prices crash

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The wholesale prices of this vitamin C-rich fruit at Devi Ahilya Bai Holkar Fruit and Vegetable Market in Indore currently ranges between Rs 4 and Rs 10 per kilo, sources in the market said on Sunday. from Agriculture-Economy-News-Economic Times https://ift.tt/33rniqh

New farm laws will boost nutraceutical sector: Industry executives

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India has a mere 2-3% share of the $400 billion global markets compared to China’s 14% because of a lack of standard guidelines and protocols, they said, even as it is endowed with resources such as marigold, turmeric, ginger, chillies and paprika, from which medicines are made. from Agriculture-Economy-News-Economic Times https://ift.tt/3mmCQTt

Protesting farmers haven't 'properly understood' new farm laws, says NITI Aayog Member

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On September 27, President Ram Nath Kovind gave assent to the three farm bills -- The Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020; The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020; and the Essential Commodities (Amendment) Bill 2020. from Agriculture-Economy-News-Economic Times https://ift.tt/37gVcz0

Govt's ethanol push prompts sugar mills to raise production

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"The mills this year have decided to produce certain quantity of ethanol to be sold in the domestic market. It means that there will not be any glut of sugar in the market. There will be limited surplus stock of it this year," Maharashtra Sugar Commissioner Shekhar Gaikwad said. from Agriculture-Economy-News-Economic Times https://ift.tt/3q5Y5Lz

Centre ready to discuss all issues with farmers: Tomar

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After braving water cannons and clashing with security personnel, thousands of farmers started entering the national capital on Friday as part of their 'Delhi Chalo' march against the Centre's new farm laws. from Agriculture-Economy-News-Economic Times https://ift.tt/2VbCzXr

APMC act should be fully utilised to bring maximum benefit to the rice producers: Joint Secretary, ministry of agriculture

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The e-conference focused on enhancing the productivity of quality rice and paddy Seed with adaptation of integrated farm practices, high quality inputs, farm credit. from Agriculture-Economy-News-Economic Times https://ift.tt/39lzjBi

Rabi sowing satisfactory so far during COVID-19, acreage up 4 pc: Govt

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The area sown to wheat, the main winter crop, has increased marginally to 151.58 lakh hectare till November 27 of the rabi season in 2020-21 crop year (July-June), as against 150.49 lakh hectare a year ago. from Agriculture-Economy-News-Economic Times https://ift.tt/39mAzDZ

Govt's paddy buying rises 18.8 per cent so far, highest bought from Punjab

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The Centre has given nod for procurement of 45.24 lakh tonne of kharif pulses and oilseeds this year under the Price Support Scheme (PSS) to 10 states as well as 1.23 tonne of Copra in Andhra Pradesh, Karnataka, Tamil Nadu and Kerala. from Agriculture-Economy-News-Economic Times https://ift.tt/33oUoXL

Agriculture ministry unveils Nafed's honey FPOs programme for 5 states

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Under the programme, Nafed will help in setting up FPOs for beekeepers in five states -- West Bengal, Bihar, Madhya Pradesh, Uttar Pradesh and Rajasthan. from Agriculture-Economy-News-Economic Times https://ift.tt/3m9zJ0V

MPEDA knocks state govts for reforms in marine fishing act to boost shrimp exports to US

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In India, law and order and fishing regulations are state subjects and are governed by respective local governments. The ban is only on sea shrimps (catch shrimps) as they are presumed to be caught by vessels without using turtle excluder devices (TED). There is no issue with farmed shrimps exports. from Agriculture-Economy-News-Economic Times https://ift.tt/3fvmwgs

Cotton arrival hits decade-high of 3,10,000 bales after international prices jump 35 percent

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Total cotton arrivals in the market till November 21 amounted to seven million bales, one million bales more than in the year-ago period, according to the Cotton Association of India. from Agriculture-Economy-News-Economic Times https://ift.tt/3l30xPo

Chicken and egg sales likely to reach the pre-Covid levels by March

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“Chicken sales and production are back to about 75%, eggs to 80% and by March we will reach the pre-Covid level,” said BS Yadav, MD, Godrej Agrovet, an animal feed company whose poultry arm, Godrej Tyson Foods, sells fresh and frozen chicken. from Agriculture-Economy-News-Economic Times https://ift.tt/3pZBkZR

Food park inaugurated in Punjab to benefit 25000 farmers and create 5000 jobs

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Food Processing minister Narendra Singh Tomar inaugurated a mega food park (MFP) at Phagwara in Kapurthala district of Punjab that will benefit 25,000 farmers and create 5,000 jobs. from Agriculture-Economy-News-Economic Times https://ift.tt/2UXSTes

Potatoes could get costlier in Kolkata — price may hit nearly Rs 50/kg in retail markets

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Potato price should have witnessed correction after Diwali as the crop from Punjab began hitting the market by then but this has not been the case in the eastern state so far, the traders said. from Agriculture-Economy-News-Economic Times https://ift.tt/2URPM7H

India net exporter of agri-machinery to some advanced countries, says EEPC India

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EEPC India chairman Mahesh Desai said India has been a consistent net exporter of agricultural machineries. ''India is a world leader in exporting solar irrigation pumps. India being largely an agrarian economy, mechanization has a significant potential," he said. from Agriculture-Economy-News-Economic Times https://ift.tt/2IZKl46

Punjab, Haryana protests against Centre's Farm Bills affecting business, say agri-fin cos

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Despite this issue, they are hopeful of posting better numbers in the second half of the ongoing financial year compared with the first half, when lockdown had a crippling effect on agri-credit demand. from Agriculture-Economy-News-Economic Times https://ift.tt/398TeTG

Cash-starved mills begin exporting sugar

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A cooperative mill operator from Maharashtra has sent a letter to the food ministry, claiming that it had already started shipments and seeking clarifications on future policy implications. from Agriculture-Economy-News-Economic Times https://ift.tt/36X6ecB

NABARD promotes alternative income sources for rural population dependent on agriculture

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Nabard is aiming to develop the handloom sector, which they expect will also arrest large scale migration of small and agricultural labourers to urban areas in search of livelihood opportunities on account of unemployment. from Agriculture-Economy-News-Economic Times https://ift.tt/3372JPL

Fisheries sector can attract USD 9 billion investment in 5 years: Official

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"Government is targeting investments to the tune of USD 9 billion in the fisheries sector over the next five years," Union Fisheries Secretary Rajeev Ranjan said at an e- conference of Indian Chamber of Commerce. from Agriculture-Economy-News-Economic Times https://ift.tt/3nQABIB

GoI releases Rs 3,971 crores for micro-irrigation projects

On November 20, 2020, Government of India sanctioned a loan of 3,971 crores of rupees for micro irrigation projects in Tamil Nadu. This is one of the biggest loans being sanctioned for the state of Tamil Nadu. The loan has been sanctioned at subsidised interest rate under micro irrigation fund. The micro irrigation fund was .. from Agriculture – GKToday https://ift.tt/3nNRFP5

Centre targets investments worth $9 billion in fisheries sector

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It was also informed that fisheries export is expected to reach Rs 10,00,00 crore by 2024-25 from the current Rs 46,589 crore, a release issued by ICC stated. from Agriculture-Economy-News-Economic Times https://ift.tt/36XzuzM

Planting of winter crops exceed last year’s level by 10%

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Rainfall in north India last week has created good soil conditions for planting of wheat and mustard. The official said the acreage under pulses has risen to 8.25 million hectares from 6.45 million hectares last year. from Agriculture-Economy-News-Economic Times https://ift.tt/3kKZC5L

185 sugar mills, distilleries get nod for Rs 12,500 crore loans to set up ethanol units

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In the last two years, 70 ethanol projects were sanctioned loans of Rs 3,600 crore. Apart from promoting ethanol production from sugarcane, the food ministry is making efforts to manufacture ethanol using surplus rice with state-owned FCI as well as maize. from Agriculture-Economy-News-Economic Times https://ift.tt/2UGC6MS

Rabi sowing begins; wheat planted in 97.27 lakh hectare so far: Agriculture ministry

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According to the sowing data released by the ministry, wheat has been sown in 97.27 lakh hectare so far in the rabi season of 2020-21 as against 96.77 lakh hectare in the year-ago period. from Agriculture-Economy-News-Economic Times https://ift.tt/3lQXx9P

Govt okays subsidised loans worth Rs 3,971.31 cr for micro-irrigation projects

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The interest subvented loans are being offered under Micro Irrigation Fund (MIF) created with National Bank for Agriculture and Rural Development (NABARD) for implementing micro-irrigation projects. from Agriculture-Economy-News-Economic Times https://ift.tt/3pJWOK3

India lost opportunity to export 1.7 million tonnes of sugar as buyers turned to other suppliers: Industry executives

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“We could have contracted for export of 15-17 lakh tonnes of sugar while physical dispatches could have hit 12 lakh tonnes had the policy been announced on time in September," said Praful Vithalani, president, All India Sugar Trade Association. from Agriculture-Economy-News-Economic Times https://ift.tt/3lKpIXT

PM-FME Scheme: Capacity building Component launched

On November 18, 2020, the Minister of Food Processing Industries Narendra Singh Tomar launched the Capacity building Component of the Pradhan Mantri Formalisation of Micro food processing Enterprises scheme. Features Under the capacity building component of the scheme, the trainers are to be delivered with classroom lecture and demonstration through online mode. These trainers will .. from Agriculture – GKToday https://ift.tt/3fpupUZ

Bharat Financial Inclusion Ltd ties up with the Maharashtra government to provide livestock care

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The joint initiative 'Maha Pashudhan Sanjeevani' -- to be implemented under the Mukhyamantri Pashu Swasthya Yojana -- will also ensure all veterinary services available for farmers at just a phone call and the toll-free number 1962 will be operational from January 2021, it said in a statement. from Agriculture-Economy-News-Economic Times https://ift.tt/3nBYqni

India to export 3.5-4 million tonnes of wheat to neighbouring countries till March if govt extends export subsidy

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The current stocks in the country with the government and the private sector are over 56 million tonnes, which the government will have to offload ahead of the arrival of the new crop in April. from Agriculture-Economy-News-Economic Times https://ift.tt/32RFgSw

Sugar production jumps nearly 3-folds to 14.10 lakh tn till November 15: ISMA

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Since India is going to have another surplus sugar year, the industry body said it is awaiting policy decisions from the government on exports and buffer stock creation with subsidy support. from Agriculture-Economy-News-Economic Times https://ift.tt/2IIxiUM

Crop insurance: Agriculture ministry seeks DGCA nod for taking drone-based crop images in 100 districts

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The agriculture ministry has sought civil aviation regulator DGCA's nod for allowing shortlisted private agencies operate drones to capture images of rice fields in 100 districts to assess crop yields at gram panchayat level under the Pradhan Mantri Fasal Bima Yojana. from Agriculture-Economy-News-Economic Times https://ift.tt/38QsKXa

Government's MSP paddy procurement rises 20.25% so far this kharif season

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Paddy procurement commenced in Punjab and Haryana from September 26 due to early arrival of the crop, while in other states from October 1. from Agriculture-Economy-News-Economic Times https://ift.tt/2UxNqLa

Cooking oil and tea see an increase in demand during the festive season

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The demand for both the commodities also revived in hotels and restaurants, although the requirement for the catering industry continued to be low because of the restrictions due to the ongoing pandemic. from Agriculture-Economy-News-Economic Times https://ift.tt/38Oqik2

Government allows Hyderabad's ICRISAT conditional usage of drones for agricultural research

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About 18 conditions and limitations to ICRISAT include data Acquisition for agricultural research activities within the ICRISAT research field using Remotely Piloted Aircraft Systems are as below, the government said. from Agriculture-Economy-News-Economic Times https://ift.tt/35A2bTT

GoI: 29 Projects approved to benefit Farmers

On November 9, 2020, Shri Narendra Singh Tomar chaired Inter-Ministerial Approval Committee meeting. The committee approved 29 projects leveraging investment of Rs 443 crores. Key Highlights Under the Scheme of Integrated Cold Chain and Value Addition, Rs 189 crores were allocated. Rs 15 crores was allocated to the BFL scheme. BFL is creation of Backward .. from Agriculture – GKToday https://ift.tt/3nrpC8c

India favours 'support-per-farmer' rule at WTO farm subsidy negotiations

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The first step of the negotiations at the World Trade Organization (WTO), India said, is to create a level playing field by getting rid of the aggregate measurement of support (AMS) or trade-distorting farm subsidies given by the developed countries. from Agriculture-Economy-News-Economic Times https://ift.tt/3krPs9Z

Centre to hold further talks with Punjab farmers on new farm laws: Narendra Singh Tomar

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Narendra Singh Tomar and Union Food, Commerce and Railways Minister Piyush Goyal held a day-long meeting with representatives of various farmer unions at Vigyan Bhawan. from Agriculture-Economy-News-Economic Times https://ift.tt/3eYIKY7

Govt tries to tweaks policies to ensure market pays minimum support price

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The strategies being used by the government to keep prices around MSP level is tweaking import and export policies to maintain enough stocks of the commodities in the country that does not harm farm-end prices and at the same time does not pinch consumers. from Agriculture-Economy-News-Economic Times https://ift.tt/35rtFLu

Use of nanotechnology for plant nutrients to halve urea usage and raise productivity

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Now nano nitrogen will soon be commercially available to farmers,” said a fertiliser ministry official, who did not wish to be identified. “This will help cut our dependence on import. Last year we had imported more than 9 million tonnes of urea.” The approval is initially for three years, which may be extended after a proper review of its commercial use, said the official. from Agriculture-Economy-News-Economic Times https://ift.tt/3luv09T

Atmanirbhar Bharat 3.0: Fresh allocation to help fertiliser cos clear dues

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The fertiliser industry said it expects major gains from finance minister Nirmala Sitharaman’s announcement of a Rs 65,000 crore stimulus for the sector in the upcoming crop season. from Agriculture-Economy-News-Economic Times https://ift.tt/38D3cMR

Operating at over 100% capacity yet have pending orders: Hemant Sikka, CEO, Farm Equipment Sector, M&M

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Operating at over 100% capacity and yet having pending orders, the company has decided to divert production meant for exports to meet the local demand, M&M’s Farm Equipment Sector (FES) chief executive, Hemant Sikka, tells Ketan Thakkar. from Agriculture-Economy-News-Economic Times https://ift.tt/3lmNoRT

More Kisan Rails in the offing to help farmers get better prices

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The government is planning to increase the number of Kisan Rail trains, which transport vegetables and fruits to different parts of the country, to help farmers get better prices and reduce wastage, which is to the extent of 15%. from Agriculture-Economy-News-Economic Times https://ift.tt/38slssp

New farm laws showing results for farmers: Agriculture minister

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In a recent case, this law helped a poor farmer from Maharashtra to get rightful remuneration for his crops from a trader in Barwani district in Madhya Pradesh in an inter-state trade. from Agriculture-Economy-News-Economic Times https://ift.tt/2U6kTMq

Govt will ensure masur price does not fall below MSP: Officials

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According to IPGA, the country has a stock of about 450,000 tonnes of lentils, while the demand till February--when the new crop will come--is about 600,000 tonnes. from Agriculture-Economy-News-Economic Times https://ift.tt/2I9XjMC

Good opportunity for India to export sugar; reconsidering extension of export subsidy: Govt

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India, the world's second-largest sugar-producing country, had to offer export subsidies during the last two years in order to reduce surplus stocks and help cash-starved sugar mills clear cane payment to growers. from Agriculture-Economy-News-Economic Times https://ift.tt/2U5CX9x

Centre says open for talks with farmers on farm laws ahead of another protest '

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Union Agriculture Minister Narendra Singh Tomar as well as Food Minister Piyush Goyal said these laws are enacted by the central government in order to give more options to farmers to sell their produce at better rates, but states like Punjab are "misleading" them. from Agriculture-Economy-News-Economic Times https://ift.tt/3l7EqYV

Vice President Venkaiah Naidu calls for use of innovative technology in agriculture

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Inaugurating the 120th birth anniversary celebrations of Acharya N G Ranga, Naidu described him as a great freedom fighter, a farmers' leader, a social reformer and an outstanding parliamentarian. from Agriculture-Economy-News-Economic Times https://ift.tt/32o68ZV

Agriculture reforms will transform rural economy: Ramesh Chand

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Commenting on the modification in the Essential Commodities Act (ECA) for a group of agri-food commodities, Chand clarified that the modification specifies transparent criteria in terms of price trigger for imposing ECA rather than leaving it to arbitrary decisions by bureaucrats to invoke the Act. from Agriculture-Economy-News-Economic Times https://ift.tt/32jG5TE

Indo-Dutch centre of excellence for vegetables, flowers opens in Kerala

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"A tissue culture laboratory has been set up as part of the project for producing good quality planting materials. The centre will also explore possibilities in agri-horti tourism in the district. The idea is to transform Wayanad into a hub of floriculture," the statement issued by the Indian Embassy at The Hague said. from Agriculture-Economy-News-Economic Times https://ift.tt/3l4GX63

Nafed finalises bidders, issues order for supply of 15,000 tonnes of imported onions

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Since the imported onions will be delivered at port cities, state governments have been asked to indent their quantity for faster dispatch of the commodity, it said. from Agriculture-Economy-News-Economic Times https://ift.tt/3k0f9ON