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“We have indicated to the government that with international values coming down recently, it may not be a bad idea to revisit duty reduction measures only after kharif oil seed planting is over to ensure no negative signals go to our oilseed farmers,” said BV Mehta, executive director of the Soybean Extractors Association of India (SEA). from Agriculture-Economy-News-Economic Times https://ift.tt/3vCOzlw

"What started as a trickle in the beginning has assumed alarming proportions and is now threatening the very survival of the vegetable oil refining industry in eastern and northern India but also resulting in huge revenue loss to the government of India. It destroys our markets and the very purpose of keeping high import duties on edible oils is getting negated," the SEA letter said. from Agriculture-Economy-News-Economic Times https://ift.tt/3i02tdw

Apart from seeds, the company is also ensuring that timely and sufficient supply of other agri-inputs like fertilisers and pesticides are made available for sale at the Hardoi Kisan Farmers' Producers' Organisation, it said. from Agriculture-Economy-News-Economic Times https://ift.tt/3i5pM5M

"100 per cent neem-coated urea introduced in 2015-16 has helped reduce the use of chemicals, improved soil health, reduced pest and disease attack and increased yield," the minister tweeted. from Agriculture-Economy-News-Economic Times https://ift.tt/3i9Fv3P

The record procurement of wheat has been achieved amid farmers' protests at Delhi borders since late November 2020. Farmer unions are demanding a repeal of three new farm laws and a legal guarantee of the Minimum Support Price (MSP). from Agriculture-Economy-News-Economic Times https://ift.tt/3usVaO8

Healthy demand revival in value added products (VAP, 30-35% of organized sector revenue) post pandemic effect last fiscal, lower restrictions as compared with the earlier covid wave, and steady demand for liquid milk (65-70% or organized sector revenue) will help support overall growth in the current fiscal, said Crisil in a report on dairy sector. from Agriculture-Economy-News-Economic Times https://ift.tt/2T8LQll

Wheat production is estimated to increase to a record 108.75 million tonnes in 2020-21 from 107.86 million tonnes in the previous year, while output of coarse cereals is likely to increase to 49.66 million tonnes, from 47.75 million tonnes a year ago. from Agriculture-Economy-News-Economic Times https://ift.tt/2SqyHDU

A few buyers from Germany and Japan have offered a marginal price hike while other buyers are negotiating for a lower price for the tea which hardly comes to auction centres and is sold privately by Darjeeling’s tea producers. from Agriculture-Economy-News-Economic Times https://ift.tt/3oOED5Q

In a letter to Prime Minister Narendra Modi, the JD(S) supremo cited the multi-level problems taking shape in rural India in the form of COVID infections reaching villages, crashing horticulture prices and unemployment due to reverse migration to the villages from the cities. from Agriculture-Economy-News-Economic Times https://ift.tt/3yBOgZY

Oman, Egypt, Jordan UAE and Saudi Arabia are among the nations which have adopted pesticide residue norms at part with those in the European Union (EU). from Agriculture-Economy-News-Economic Times https://ift.tt/3fi7oEG

A geographical indication (GI) tag is used for an agricultural, natural or a manufactured product (handicraft and industrial goods) originating from a definite geographical territory. Typically, such a name conveys an assurance of quality and distinctiveness, which is essentially attributable to the place of its origin. from Agriculture-Economy-News-Economic Times https://ift.tt/3wukiVV

As per the government data, the retail prices of edible oils have risen over 62 per cent in over a year and is adding woes to consumers already reeling under the economic distress induced by the Covid-19 pandemic. from Agriculture-Economy-News-Economic Times https://ift.tt/2QQbc6W

Expressing concern over rise in animal feed prices in the domestic market, the All India Poultry Breeders Association (AIPBA) on Sunday demanded the government to reduce import duty on soybean meal to zero for at least five months. from Agriculture-Economy-News-Economic Times https://ift.tt/3ufNHBP

The factors that will likely contribute to this scenario include a normal monsoon that has been forecast, steady global demand for Indian farm products, stocking of rice in Africa and the Middle East due to uncertainties associated with the pandemic and, last but not the least, the sheer luck that the second wave didn’t coincide with the season of rice transplantation that takes place mainly in July. from Agriculture-Economy-News-Economic Times https://ift.tt/3bOHgPJ

The government procured 17 per cent more wheat this season as compared to the corresponding purchase last year, said the Centre. An official press release stated that a quantity of over 382.35 lakh metric tonnes (LMT) of wheat has been procured against last year's corresponding purchase of 324.81 LMT. from Agriculture-Economy-News-Economic Times https://ift.tt/3ywEmJl

Edible oil prices in India are expected to fall if China reduces imports of palm oil, as it has indicated. Prices of edible oils have gone up 40-50% in the past eight months, pinching the pockets of consumers amid the Covid-19-induced economic slowdown. from Agriculture-Economy-News-Economic Times https://ift.tt/3fO2jDt

According to Praful Vithalani, chairman, All India Sugar Traders Association (AISTA), there will not be any major impact on the ongoing sugar exports as agreements for 57 lakh tonnes of sugar exports have been executed till May 19 nor there will not be any impact on domestic prices as these are controlled by the monthly release mechanism. from Agriculture-Economy-News-Economic Times https://ift.tt/3u9glV8

​Along with the changes made in import policy, the Centre has asked state governments to monitor pulses under the Essential Commodities Act to control any spike in prices. As prices of most of the pulses are ruling close to the minimum support price levels, trade participants are surprised by the policy changes. from Agriculture-Economy-News-Economic Times https://ift.tt/3u5I492

Stating that the 2021 kharif season is approaching in midst of second wave of Covid pandemic, the ICAR advisory said, "Therefore, disruption in normal operations/ logistics usually undertaken during the pre-kharif period is likely." from Agriculture-Economy-News-Economic Times https://ift.tt/3oFH0I3

Agriculture Minister Narendra Singh Tomar on Thursday said the government is committed to farmers' welfare and the decision to hike subsidy on DAP fertiliser will provide relief to the farming community. from Agriculture-Economy-News-Economic Times https://ift.tt/2QFzArS

The Centre on Thursday said it has chalked out a multi-pronged strategy to bring in an additional 6.37 lakh hectare area under oilseeds in the forthcoming Kharif (summer) season beginning July this year. from Agriculture-Economy-News-Economic Times https://ift.tt/3ysYwnx

The Chhattisgarh CM has decided to expand the scope of Rajiv Gandhi Kisan Nyay Yojana and to cover all the major Kharif crops like maize, soyabean, sugarcane, kodo-kutki, pulses along with paddy under it from the next season, the public relations department official said. from Agriculture-Economy-News-Economic Times https://ift.tt/3wksUP4

In a major pro-farmer decision, the Centre on Wednesday hiked the subsidy on DAP fertiliser by 140 per cent, costing the exchequer an additional Rs 14,775 crore, in a bid to ensure the soil nutrient is available to farmers at old rates despite a sharp rise in global prices. from Agriculture-Economy-News-Economic Times https://ift.tt/3tZnV4v

Food and Consumer Affairs Minister Piyush Goyal on Wednesday directed his officials to keep a "strict watch" on prices of essential commodities in states. Goyal, who reviewed the provisions of the Essential Commodities (EC) Act for keeping the prices of essential commodities in check, asked state governments to enforce this law to curb hoarding. from Agriculture-Economy-News-Economic Times https://ift.tt/3oxnqNX

Hundreds of mango trees were uprooted in plantations across Junagadh, Gir Somnath and Valsad districts, with nearly all the mangoes falling to the ground from the trees in the cyclone that made a landfall Monday night, the growers said. from Agriculture-Economy-News-Economic Times https://ift.tt/3wabNzk

India faces a tight supply-demand situation with respect to chickpeas (chana) and lentils (masoor dal), and the government needs to revisit import duties on these two pulses to encourage overseas purchases in the coming months, Indian Pulses and Grains Association (IPGA) said. from Agriculture-Economy-News-Economic Times https://ift.tt/2S8Q2Bi

“The year 2021 has been an unusual year so far for the Assam tea industry as far as tea production is concerned. A study has been carried out to assess the crop loss due to the impact of prolonged drought like situation. This study has also taken into account the rainfall received in the last few days”, said Bidyananda Barkakoty, Adviser, North Eastern Tea Association (NETA). from Agriculture-Economy-News-Economic Times https://ift.tt/3wnfa69

States/UTs were also requested to monitor the prices of pulses on weekly basis. An online datasheet was also shared with States/UTs to fill the details of millers, wholesalers, importers etc. and the stocks of pulses held by them. from Agriculture-Economy-News-Economic Times https://ift.tt/33R90yM

The poultry industry had run into losses of over Rs 26,000 crores in just three months in 2020, owing to misinformation about Covid 19 spreading from the consumption of chicken and a nationwide supply chain and logistics logjam. from Agriculture-Economy-News-Economic Times https://ift.tt/3eTPsAa

Prime Minister Narendra Modi today released the fresh installment of the financial benefits under the PM-KISAN scheme via video-conferencing, which Yediyurappa attended. from Agriculture-Economy-News-Economic Times https://ift.tt/3w2LjzC

Under the scheme, also known as PM-KISAN, a financial benefit of Rs 6,000 per year is provided to the eligible farmers, payable in three equal 4-monthly installments of Rs 2,000 each. The fund is transferred directly to the bank accounts of the beneficiaries. The scheme was launched in February 2019 but was implemented with effect from December 2018. from Agriculture-Economy-News-Economic Times https://ift.tt/3tMYhzV

from Agriculture-Economy-News-Economic Times https://ift.tt/3eN0BCO

Bidyananda Barkakoty, Adviser, NETA stated, “Most of our tea gardens are in rural areas and hence its functioning should not be a problem. Few tea gardens are within the 5 km radius of municipality areas and therefore we have advised such tea estates to operate from 5 am to 1 pm”. from Agriculture-Economy-News-Economic Times https://ift.tt/3boJFk4

LEAF, an integrated agri-service provider, said it is aligning with new-age financial technology non-banking financial companies (NBFC) to funnel in the much-needed organised credit for the marginalised farmers. from Agriculture-Economy-News-Economic Times https://ift.tt/3fgrzSr

The consortium, through an SPV controlled by them, has signed a definitive agreement to acquire Animal Healthcare Established Markets Undertaking focused on India and certain other countries, the company said in a statement. from Agriculture-Economy-News-Economic Times https://ift.tt/3o7K3IV

“Hardly any new orders are coming from the overseas markets. Unless the Covid situation improves in the country, we do not see good movement of basmati rice to the global markets,” Nathi Ram Gupta, president of All India Rice Exporters’ Association (AIREA), told ET. from Agriculture-Economy-News-Economic Times https://ift.tt/3xZszCW

The government has set a target of procuring 42.7 million tonne of wheat, of which around 80% purchase has already been made with still more than a month to go before the procurement season ends on June 30. from Agriculture-Economy-News-Economic Times https://ift.tt/3w02DFh

There are around 10 lakh workers engaged in Assam’s gardens that produce 700-750 million kilograms of black tea annually. The producers are worried that if Covid spreads rapidly, as is being seen elsewhere in the country, then things may go out of control. from Agriculture-Economy-News-Economic Times https://ift.tt/2R8BTDN

According to the government data, retail prices of edible oils have shot up by 55.55 per cent in over a year and are adding to the woes of consumers already reeling under the economic distress induced by the COVID-19 pandemic. from Agriculture-Economy-News-Economic Times https://ift.tt/3vMgMWK

“Like last year, the agriculture is growing steadily during Covid-19 pandemic. The focus is on increasing pulses and oilseeds production and we are on the right path,” said a senior agriculture ministry official. from Agriculture-Economy-News-Economic Times https://ift.tt/3nVbbuo

Prices too, with higher supplies and low demand. “Live birds, which were selling at Rs 90-95 per kg has now dropped to Rs 40 -Rs 45 per kg in the southern states. In western India, the price may be around Rs 45 – Rs 50 per kg whereas in northern India it is hovering around Rs 50-Rs 55 per kg,” Soundarajan said. from Agriculture-Economy-News-Economic Times https://ift.tt/2QPUdSl

As per the notification issued by the Assam govt on Feb 23, it notified an interim enhancement of wages for tea plantation workers by Rs. 50 per day. However, the wage rate hike was stayed by the Gauhati High Court while hearing a petition filed by the Indian Tea Association and several other bulk tea companies. from Agriculture-Economy-News-Economic Times https://ift.tt/3ePYc9e

The incentive will be 6-10% on first year and 4-8% on sixth year on incremental sale. Base year for calculation of incremental sales would be 2019-20 for the first 4 years and for subsequent two years, it would shift to 2021-22 and 2022-23, respectively. from Agriculture-Economy-News-Economic Times https://ift.tt/3xFqZWG

This year, Haryana and Punjab switched from indirect payment of MSP to direct online transfers to farmers' bank accounts following a central government direction. from Agriculture-Economy-News-Economic Times https://ift.tt/2QOsDVn