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Showing posts from February, 2021

Govt to set up food processing hubs for niche products in Madhya Pradesh Bihar and J&K

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Also, to facilitate exports of perishable commodities, the ministry and the Airports Authority of India are setting up cold chains and infrastructure in major aviation hubs across the country, said Reema Prakash, joint secretary, ministry of food processing industries. from Agriculture-Economy-News-Economic Times https://ift.tt/3bGtayX

Kaveri Seeds becomes world’s first seed producer to have over a lakh acres in production

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The bulk of the newly acquired seed production area is dedicated to the non-cotton sector and mostly towards high-margin hybrid rice, maize and vegetable seeds, and nearly half of the land is located in and around the Telugu states of Andhra Pradesh and Telangana, India’s largest listed producer of hybrid seeds said. from Agriculture-Economy-News-Economic Times https://ift.tt/3q4AYjv

Onion, pulses, edible oil prices surge in February

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Prices of masur (lentil) and urad have increased by 10% over January, while tur prices have jumped 20% during the same period. Wholesale edible oil prices have increased 30% to 60% for different oils year on year this year. from Agriculture-Economy-News-Economic Times https://ift.tt/3pUjaY5

Agriculture preference in state budgets as farmers’ agitation continues

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These apart, the state will provide interest-free crop loans up to ₹16,000 crore to farmers. He also announced nine mini food parks, one mega food park, three agriculture universities and several other benefits for farmers. from Agriculture-Economy-News-Economic Times https://ift.tt/2MlcZ1o

Rs 1.15 lakh cr transferred to 10.75cr farmers under PM-KISAN: Tomar on 2nd anniversary of scheme

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Addressing a function on the occasion of the second anniversary of the PM-KISAN, Union Agriculture Minister Narendra Singh Tomar said the government has enhanced the income of farmers by providing Rs 6,000 annually to farmers under this scheme in three equal instalments. from Agriculture-Economy-News-Economic Times https://ift.tt/37Ijymh

Price of non-basmati rice shoots up to 15% while potato price falls by more than 65%

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The price of non-basmati rice, which is consumed by more than 80% of the Indian population, has shot up by 10-15% since January, as Bangladesh has started buying large volumes of rice from India. from Agriculture-Economy-News-Economic Times https://ift.tt/3aLtjlA

Farm laws will make agri sector flexible to deal with future uncertainty: Sanjeev Sanyal

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In an uncertain future, “you need the farm sector to be flexible and that requires markets to be able to work to be able to deal with changing climate, changing consumer behaviour, export things,” Sanyal said, at the Indian Women’s Press Corp. from Agriculture-Economy-News-Economic Times https://ift.tt/3qTQM9N

54 Farmer Producer Organizations converge for conversations towards inclusive agribusiness

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During the interactions between agribusiness corporates and FPOs, various challenges such as quality parameters, and gradation of commodity and storage were discussed. The discussion brought out the necessity for a package of practices that could help FPOs align their production to market requirements. from Agriculture-Economy-News-Economic Times https://ift.tt/3qRcM54

Govt ushered historic increase in MSP, doing everything possible to double farmers' income: PM Modi

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"On this day, 2 years ago the PM-Kisan scheme was launched with an aim to ensure a life of dignity as well as prosperity for our hardworking farmers, who work day and night to keep our nation fed. The tenacity and passion of our farmers is inspiring," Modi said. from Agriculture-Economy-News-Economic Times https://ift.tt/3pOBAta

Hike in agri credit target to Rs 16.5 lakh crore in FY'22 to ease cash crunch of farmers: Narendra Tomar

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Addressing a meeting on the National Food Security Mission (NFSM) programme, Tomar said the government has taken several measures in the last six-and-a-half years to boost agriculture production and farmers' income. from Agriculture-Economy-News-Economic Times https://ift.tt/3dEz8TR

India set for record wheat output: Expert

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“Production of the food grain is likely to touch 115 million tonnes compared with 107 million tonnes in the previous year, looking at the crop position in major growing states of Uttar Pradesh, Madhya Pradesh, Punjab and Haryana,” Singh said. from Agriculture-Economy-News-Economic Times https://ift.tt/3bt9SwT

Uttar Pradesh budget gives boost to agriculture sector

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In view of doubling farmers' income by 2022, an outlay of Rs 100 crore has been proposed for Atma Nirbhar Krishak Samanvit Vikas Yojana in the year 2021-22. Outlay of Rs 600 crore has been proposed for the Mukhyamantri Krishak Durghatna Kalyan Yojana. from Agriculture-Economy-News-Economic Times https://ift.tt/3qKhcdU

Agriculture Minister Narendra Singh Tomar to present agriculture road map today

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“Tomar will discuss promoting water conservation and crop diversification while aligning cropping system to agro-climatic conditions at the district level for optimum use of resources,” said a senior agriculture ministry official. from Agriculture-Economy-News-Economic Times https://ift.tt/37NNlKv

Rs 2.97 lakh cr more food subsidy to be released this fiscal; Punjab, Haryana asked to use e-mode for MSP payments

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While the usage of electronic modes to transfer the minimum support price (MSP) to farmers is to check diversion and avoid delays, the new system would not end the current practice of crop procurement through mandis and middle-men called Arthiyas, the ministry said. from Agriculture-Economy-News-Economic Times https://ift.tt/3bjsRKu

Agriculture ministry gets nod for using drones for crop loss assessment

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“Initially, drones can be used over agricultural areas of 100 districts of 10 states where gram panchayat level yield estimation will be required to calculate insurance claims,” said an agricultural ministry official. He said this will help in getting real-time estimates of crop yields accurately from villages, which speed up insurance claims. from Agriculture-Economy-News-Economic Times https://ift.tt/3s7kRTx

West Assam Milk Producers’ Cooperative Union Ltd made foray in Cattle Feed supplements segment

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As a part of the planned product line-up, WAMUL has commenced production of Area Specific Mineral Mixture & By-Pass Protein Meal at its Cattle Feed Plant situated at Changsari, Kamrup district. from Agriculture-Economy-News-Economic Times https://ift.tt/3atc6gu

Iran keen to lift whole leaf teas from India, ready to pay good price

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The Gulf nation, which was severely hit by the pandemic, is ready to pay good prices to the Indian tea exporters and the contracts will be signed by second week of March when new season teas in small quantities will slowly start arriving in the market. from Agriculture-Economy-News-Economic Times https://ift.tt/3pvP50I

India contracts 41% of the sugar export quota for 2020-21 sugar season, says ISMA

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In Maharashtra, 183 sugar mills were operating as on 15th February 2021 and had produced 75.46 lakh tonnes of sugar, compared with 43.38 l lakh tonnes produced last year in the same period. In the current year, 2 sugar mills have closed their operations. Last year 140 mills had operated, out of which 5 mills had stopped their crushing on the corresponding date. from Agriculture-Economy-News-Economic Times https://ift.tt/2NCXfaw

Foodgrain production to hit record high in 2020-21

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The projection of record production is significant amid the Covid-19 pandemic and farmers’ agitation. Punjab, which has been the nerve centre of farmers’ protest, has seen record procurement of rice at 13.58 million tonnes, which is 24% more than last year. from Agriculture-Economy-News-Economic Times https://ift.tt/3s3XwSJ

20 projects worth Rs 363.4 crore sanctioned for infrastructure and expansion of food processing

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The projects are likely to generate employment for nearly 11,960 people and benefit 42,800 farmers. "The proposals for projects approved in the IMAC meetings are expected to increase the level of processing and value addition of horticultural and agricultural produce, which will result in increase in the income of the farmers and create employment at the local level," Tomar said. from Agriculture-Economy-News-Economic Times https://ift.tt/2NwOezN

Cess introduced in budget will boost states' agri infra: Govt

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The agri cess introduced in the Union Budget 2021-22 will finally go towards boosting APMC mandis and related farming infrastructure, all of which are governed by states, a top government functionary said on Tuesday, rejecting criticism that the cess deprives states of revenue as its receipt entirely falls in the Centre's kitty. from Agriculture-Economy-News-Economic Times https://ift.tt/3jRHBnJ

View: If government wants a truce with farmers, Modi should lead the peace talks

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There’s no question Indian agriculture needs reform. But the government shouldn’t ignore the farmers’ fears. It ought to add provisions that guard against exploitation by unscrupulous buyers, and amend the law to let farmers take disputes to court. from Agriculture-Economy-News-Economic Times https://ift.tt/3pmkcvu

Modi’s fight with farmers is a pivotal moment in India’s growth

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Behind the protesters’ fears and the government rhetoric is a reality that the country somehow needs to reshape its agricultural system or face the environmental consequences of overproduction and a fiscal calamity from ballooning farm subsidies. from Agriculture-Economy-News-Economic Times https://ift.tt/2OAO2zX

Govt procures paddy worth Rs 1.20 lakh crore so far this kharif marketing season

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"In the ongoing Kharif Marketing Season (KMS) 2020-21, Government continues to procure Kharif 2020-21 crops at MSP from farmers as per existing MSP schemes, as was done in previous seasons," an official statement said. The government has purchased 638.57 lakh tonne till February 12, up 16.25 per cent from 549.30 lakh tonne in the corresponding period of the previous marketing year. from Agriculture-Economy-News-Economic Times https://ift.tt/2ZeVz9G

View: Listen to those who actually work on farm reforms, not just twerk

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People with half-baked information and half-doubtful intentions are bombarding social media against laws they don’t fully understand. It’s heartbreaking to see people try to derail Indian agriculture’s progress. from Agriculture-Economy-News-Economic Times https://ift.tt/37bx9lH

Farm laws to empower marginal farmers: Chief Economic Adviser KV Subramanian

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“From an economic perspective and from common knowledge, it is clear that the intention of these (farm) laws are purely to empower small farmers,” Subramanian said, adding, “In my opinion, whatever else is being said about them are rumours.” from Agriculture-Economy-News-Economic Times https://ift.tt/2OsZIo9

New agri laws will help double farmers' income: Anurag Thakur

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"These people say farm laws are black laws. Only whose thinking is black will call it black. This law has been brought to double the income of farmers. We are committed to double the income of farmers," Thakur said in the Upper House. from Agriculture-Economy-News-Economic Times https://ift.tt/374P39C

Government to set up 2,500 Farmer Producer Organisations; set to cost Rs 700 crore

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A group of small and marginal farmers as FPOs will have better bargaining power and financial strength to cultivate high value crops, said officials. This is part of the government's endeavour to create 10,000 FPOs with a provision of Rs 6,865 crore in five years, they said. from Agriculture-Economy-News-Economic Times https://ift.tt/3tO4blv

India's 2020-21 sugar production to increase by 9.12%, says trade body AISTA

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AISTA has estimated that the sugar production of Maharashtra will increase to 10.2 MMT from 6.20 MMT in the previous year (up by 64.5%), while sugar production of Uttar Pradesh is expected to decline to 10.5 MMT from 12.60 MMT (down by 16.6%) in the previous year. Sugar production of Karnataka is expected to increase by 25.6%. from Agriculture-Economy-News-Economic Times https://ift.tt/371vgYE

India's protests over farm laws have parallels in 18th century England

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A new bargain with farmers is needed for India to have a shot at reclaiming past glory. In 1750, the Mughal Empire accounted for about a quarter of the world’s industrial output, and cotton textiles from Bengal and Kerala were traded worldwide. from Agriculture-Economy-News-Economic Times https://ift.tt/2OsfVdq

Non-basmati rice exports more than double to Rs 22,856 crore during Apr-Dec 2020

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India exports non-basmati rice to markets like Nepal, Benin, United Arab Emirates, Somalia, Guinea, US and many other countries in Asia and Europe. The export of basmati rice increased to USD 2.947 billion as against USD 2.936 billion reported during the same period of the previous year. from Agriculture-Economy-News-Economic Times https://ift.tt/372FXKD

IIHR signs MoU with four firms to commercialise its technologies

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"Karnataka is in the eighth place in horticulture production and we are in first place in Horticulture extension. Our aim is to attain second or third position in the coming days," Shankar said. from Agriculture-Economy-News-Economic Times https://ift.tt/3tJAOAX

Government saves Rs 15,000 crore by reducing pulses import

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The sowing of pulses in this winter season has gone up by 3% to 16.73 million hectares. The acreage in summer season was also up by 5% to 14 million hectare. from Agriculture-Economy-News-Economic Times https://ift.tt/3tJsPnt

Government committed to implementing new farm laws: Sanjeev Sanyal

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Dozens of central government labour laws are now being replaced with four labour codes, which are modern labour codes, he said addressing a virtual conference organised by Public Affairs Forum of India. from Agriculture-Economy-News-Economic Times https://ift.tt/3q8xdKB

Major portion of budget package to be used for welfare of female tea workers and their kids

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The broad contours of the scheme will include health, education and skill development and will significantly enhance the quality of life of the women workers and help in capacity building of their dependents by infusing adequate skills, the Tea Board release added. from Agriculture-Economy-News-Economic Times https://ift.tt/2Necre1

NABARD lays emphasis on farmer producer organisations

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​​Keeping in mind that there must also be a concurrent evaluation of whether some course correction was required, NABARD conducted an internal study on FPOs in Kerala, Madhya Pradesh, Odisha and Rajasthan covering 1,886 farmers having membership in 39 FPOs and 971 farmers without any membership, Dr G R Chintala said. from Agriculture-Economy-News-Economic Times https://ift.tt/3rzoe5e

Agriculture highly vulnerable to climate change in 20% districts: ICAR

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Temperatures are likely to go up by 1-1.3 degree Celsius in 256 districts and 1.3-1.6 degree in 157 districts by 2049, Indian Council of Agricultural Research said in a study. from Agriculture-Economy-News-Economic Times https://ift.tt/3cWWC62

Govt pursuing target of doubling farmers' income by 2022: Tomar

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In 2016, Prime Minister Narendra Modi-led government had set a highly ambitious target of doubling farmers incomes by 2022. An inter-ministerial committee on "Doubling of Farmers' Income" was set up in April 2016 to recommend strategies to achieve this goal. from Agriculture-Economy-News-Economic Times https://ift.tt/3p5AGs7

India's MSP operations are WTO-compliant: Piyush Goyal

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Under the global trade norms, a WTO member country's food subsidy bill should not breach the limit of 10 per cent of the value of production based on the reference price of 1986-88. from Agriculture-Economy-News-Economic Times https://ift.tt/3aPxBqJ

Global food price rally: What it means for India

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FAO’s food price index rose for the eighth straight month in January to reach its highest level since July 2014 as worldwide cereal stocks drop sharply. from Agriculture-Economy-News-Economic Times https://ift.tt/3pZSGVU

IIT Kharagpur develops solar-powered pest control system for smaller farm fields

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The research team has developed a self-propelled boom-type sprayer that can be operated using solar energy while safely guided through the crops in smaller tracts of land, the leading engineering institute said in a press release on Tuesday. from Agriculture-Economy-News-Economic Times https://ift.tt/36W6edL

This Valentine Day rose prices to be firm

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This Valentine's Day, you may have to pay 15% more for roses as the pandemic has disrupted flower production, leading to significant price rise in the domestic market. from Agriculture-Economy-News-Economic Times https://ift.tt/3p6UxHc

On the farm bills: Farmers forming cooperatives will be able to negotiate better prices on their produce

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It is a well-known fact that the young among farming communities are not interested to take up farming as their livelihood. Census 2011 indicated that 2,000 farmers give up farming everyday, even though agriculture continues to be the mainstay of the majority of the Indian population. from Agriculture-Economy-News-Economic Times https://ift.tt/3p4usIG

Paddy procurement at MSP up 18pc at 614 lakh tn valuing nearly Rs 1.16 lakh cr

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The government has procured 614.27 lakh tonnes of paddy up to February 5, up 17.69 per cent from 521.93 lakh tonnes in the corresponding period of the previous year. from Agriculture-Economy-News-Economic Times https://ift.tt/39Smoqm

Budget impact: Focus on building buffer stocks of onions, pulses

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The official said the government is planning to procure 50% more onions next year to tide over the period when there is short supply of onions. He said the government also created buffer stock of 2 million tonnes of pulses, which were distributed to control prices. It was also used for free distribution during the pandemic. from Agriculture-Economy-News-Economic Times https://ift.tt/3oNclab

Agri ministry gets DGCA nod for taking drone-based crop images under PMFBY: Narendra Singh Tomar

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This is the first remote sensing technology based largest pilot study conducted so far in the country for crop yield estimation, the agriculture minister said in a tweet. from Agriculture-Economy-News-Economic Times https://ift.tt/2MYEsWw

India's tea output drops in 2020, lifts prices to a record high

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In the last few months, the key tea producing north-eastern part of the country has received good rainfall and that would lead to higher output in 2021, said Sujit Patra, secretary at Indian Tea Association. from Agriculture-Economy-News-Economic Times https://ift.tt/2O1ZiF7

Centre integrates trading system with agricultural services on eNAM

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PK Swain, joint secretary, agriculture ministry said farmers will get farm-related specialised services such as quality check, sorting, grading packaging services, insurance, trade finance and warehousing. from Agriculture-Economy-News-Economic Times https://ift.tt/3pNg1df

Difficulty in identification of borrowers and delay by PSBs led to poor performance of rural poor to the scheme, the rural development ministry said.

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“Total subsidy disbursed under the scheme till January 14, 2021 is Rs 12.20 crore as against the initial allocation of Rs 48.54 crore for the scheme on July 31, 2019,” rural development minister Narendra Singh Tomar said in response to a question in Lok Sabha on Tuesday. from Agriculture-Economy-News-Economic Times https://ift.tt/3cFw8pB

Finance Commission recommends laws to free up farms for leasing

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The panel recommended that ₹45,000 crore be given as performance-based incentives for states for carrying out agricultural reforms. It frowned on farm loan waivers for the negative impact on states’ fiscal position. from Agriculture-Economy-News-Economic Times https://ift.tt/3asHXwD