Posts

Showing posts from July, 2021

Rain deficit hits sowing of kharif crops

Image
The slide for pulses is -10.1%, while it has so far been -15.5% for cereals and -10.4% for oilseeds. The area sown under paddy has dipped by 6.9%, while it is -7.7% for cotton. from Agriculture-Economy-News-Economic Times https://ift.tt/3j4QtGC

Agriculture ministry to bring data policy for farm sector

Image
As of now, Narendra Singh Tomar said, the federated farmers' database is being built by taking the publicly available data as existing in the Department of Agriculture and in various data silos in government and linking them with the digitised land records. from Agriculture-Economy-News-Economic Times https://ift.tt/3ye6Ner

Centre mulls fortified rice to fight malnutrition, anaemia; policy to spur production likely

Image
Rice is a staple for 65% of India's population and a key component of the government's food security programme. It's supplied at subsidised rates through the Public Distribution System (PDS) and to children through programmes such as the Mid-Day Meal (MDM) scheme and the Integrated Child Development Scheme (ICDS). from Agriculture-Economy-News-Economic Times https://ift.tt/2V1PAGJ

Depleting stocks coupled with strong demand from mills keeps cotton prices bullish

Image
State agency Cotton Corporation of India (CCI) increased cotton prices by Rs 100/candy on Tuesday and again by same amount on Wednesday. In all, it has increased the cotton prices by Rs 2500/candy since June 15. from Agriculture-Economy-News-Economic Times https://ift.tt/3lcJQoa

How retail industry is adopting soy as a protein-rich feed for livestock; experts discuss

Image
Industry expert Jaison John, Team Lead – India, U.S. Soybean Export Council (USSEC), Dr Suresh Itapu, Nutraceutical Expert, Director, NutriTech India and Kripa Jalan Nutritionist, Founder – Burgers to Beasts deliberate on protein consumption in the country and how retailers can play an important role in making India protein sufficient. from Agriculture-Economy-News-Economic Times https://ift.tt/3rKLO0s

Govt aims to create national farmers database using digital land records: Narendra Singh Tomar

Image
"As a first step in this direction, the government has already initiated building federated farmers' database that would serve as the core of the envisaged Agristack," Tomar said in a written reply to the Lok Sabha. from Agriculture-Economy-News-Economic Times https://ift.tt/3f2oFRY

Over 21.40 lakh farmers enrolled under PM-KMY: Narendra Singh Tomar

Image
The enrollment of eligible farmers under PM-KMY was started by Common Service Centres (CSC e-Governance Services India Ltd) from August 2019. from Agriculture-Economy-News-Economic Times https://ift.tt/3BL8tye

Govt aims to create national farmers database using digital land records: Narendra Singh Tomar

Image
"As a first step in this direction, the government has already initiated building federated farmers' database that would serve as the core of the envisaged Agristack," Tomar said in a written reply to the Lok Sabha. from Agriculture-Economy-News-Economic Times https://ift.tt/3f2oFRY

Sowing of kharif crops picks up with advancement in monsoon: Narendra Singh Tomar

Image
When asked if the government has assessed the impact of delayed monsoon on agriculture produce, Tomar in a written reply to the Lok Sabha said, "...it is too early to determine the impact of delayed monsoon on the agriculture produce". from Agriculture-Economy-News-Economic Times https://ift.tt/3zAB0V6

Over 2 lakh hectare farmland damaged this year due to hydro-meteorological calamities: Narendra Singh Tomar

Image
The report of the IMCT is considered by the Sub-Committee of the National Executive Committee (SC-NEC). Thereafter, the High-Level Committee (HLC) approves the final quantum of financial assistance, the minister added. from Agriculture-Economy-News-Economic Times https://ift.tt/3i5aX2w

MGNREGA has already used up over half of its annual funds this fiscal

Image
In 2020-21, the government had raised the budgetary allocation for the scheme by Rs 40,000 crore taking the total spent on Mgnrega to Rs 1,11,170.86 crore after the nationwide lockdown last year resulted in migration of workers back to rural India. from Agriculture-Economy-News-Economic Times https://ift.tt/2URRSbo

Decline in India’s shrimp exports makes them cheaper by 30% in domestic market

Image
"China was a very large market for the small sized shrimps weighing 10 grams to 17 grams. Now, as the exports to China are facing problems, the demand for these sizes is soft. The farm gate prices of shrimp have declined by about 14% since March," said Ramakanth Akula, CEO, The Waterbase Limited. from Agriculture-Economy-News-Economic Times https://ift.tt/3i5hjyX

Import duty cut will not help reduce masur prices in India, says IPGA

Image
The basic customs duty has been reduced from 10% to nil on Lentils (Masur) originated in or exported from countries other than the USA. Also, the basic customs duty has been reduced from 30% to 20% on masur originating in or exported from the USA. The Agriculture Infrastructure Development Cess on masur has been reduced from the present rate of 20% to 10%. from Agriculture-Economy-News-Economic Times https://ift.tt/375EwuF

Masur prices may remain range bound as Govt cuts import duty

Image
"The basic customs duty has been reduced from 10% to nil on Lentils (Masur) originated in or exported from countries other than the USA. Also, the basic customs duty has been reduced from 30% to 20% on masur originating in or exported from the USA. The Agriculture Infrastructure Development Cess on masur has been reduced from the present rate of 20% to 10%," the notification said. from Agriculture-Economy-News-Economic Times https://ift.tt/3eZQpqq

Import duty on masur dal cut to zero; agri infra development cess halved to 10 per cent

Image
A notification in this regard was tabled in the Rajya Sabha by Finance Minister Nirmala Sitharaman. The Minister said that the basic customs duty has been reduced from 10 per cent to nil on lentils (masur dal) originated in or exported from countries other than the US. from Agriculture-Economy-News-Economic Times https://ift.tt/2UOoUJp

Wheat, paddy procurement at all-time high: Government

Image
In addition, 869.76LMTs of paddy was procured on MSP for ongoing KMS 2020-21 and RMS benefitting 128.37 Lakh farmers. This is 14.55 % more paddy procured in comparison to last year’s corresponding period. Government agencies have also procured total 10,49,575.80 MT of Pulses and Oilseeds on MSP. from Agriculture-Economy-News-Economic Times https://ift.tt/36Xz8tu

Too early to assess impact of delayed monsoon on kharif crops: Narendra Singh Tomar

Image
According to the India Meteorological Department (IMD), southwest monsoon rainfall as whole is less by 5 per cent of the normal rainfall during the period till July 21, Tomar said in a written reply to the Rajya Sabha. from Agriculture-Economy-News-Economic Times https://ift.tt/3eLVPF6

Small tea growers can avail benefits under the PM-KISAN scheme

Image
Assam is the largest producer of tea in India and accounts for 52 percent of India’s tea. from Agriculture-Economy-News-Economic Times https://ift.tt/3x0CQgt

Corteva Agriscience inks pact to promote sustainable rice production in 40,000 acres UP

Image
The project provides a framework for Corteva, 2030 WRG and a task force of multiple stakeholders to work towards transforming 40,000 acres of land from traditional methods of transplanting rice to the Direct Seeded Rice (DSR) technique, it said in a statement. from Agriculture-Economy-News-Economic Times https://ift.tt/2UXweSJ

Forest and Horticulture Departments to formulate tea and horticulture policy: Arunachal Deputy CM

Image
He asked the Secretary of Industries to formulate an interdisciplinary committee by including members from all the line departments in order to correct the lacunas in the present policy. from Agriculture-Economy-News-Economic Times https://ift.tt/3zjejEY

Contribution of agriculture and allied sectors has increased 26.8% since 2013-14: Narendra Singh Tomar

Image
"The total agricultural exports have also shown continuous rise and the total value of the export of agricultural and allied commodities during the period 2013-14 and 2020-21 was Rs 2,62,778.52 crore and Rs 3,10,338.47 crore respectively showing an increase of 18.1 percent," he added. from Agriculture-Economy-News-Economic Times https://ift.tt/3zkdJGO

From Pashmina shawls to Darjeeling tea, why India is waking up to the importance of GI tags

Image
India’s many geographical indication-registered products reflect the country’s rich heritage and diversity. There is still a lot of scope to highlight their uniqueness in global markets, but that is not going to be easy. from Agriculture-Economy-News-Economic Times https://ift.tt/3Bk8R6C

Soybean, cotton and maize acreages could shift if monsoon fails to revive: Crisil

Image
The report said that the southwest monsoon arrived in India on June 3, signalling a good start to the kharif 2021 season. As on June 23, monsoon covered almost 93% of kharif acreage — a week before its usual onset. However, the lull in monsoon over the past 15 days (up to 12 July) has weighed on the pace of kharif sowing. from Agriculture-Economy-News-Economic Times https://ift.tt/3eABwdN

Sericulture farmers see 20% higher prices on the back of ReshaMandi's digital support

Image
More than 12,000 sericulture farmers in Karnataka, Tamil Nadu, Andhra Pradesh and Maharashtra currently use the artificial intelligence-based application of the startup, ReshaMandi, according to its founder. from Agriculture-Economy-News-Economic Times https://ift.tt/3z8Ktmu

Tripura initiates steps to promote commercial cultivation of Agar

Image
Tripura expects to export 75,000 kg of Agar chips and 1,500 kg of Agar oil in the current financial year. The state has over 50 lakh trees are available in the state. from Agriculture-Economy-News-Economic Times https://ift.tt/3kyAlPQ

Year-on-year kharif sowing trails by 11.56%, reservoir levels lower by 7% than previous year

Image
The year-on-year sowing of rice is lagging by 7%. Rice has been sown on 161.97 lakh hectares, with higher acreage reported from the states of Madhya Pradesh, Uttar Pradesh, Telangana, Tripura, Punjab, Jharkhand, Tamil Nadu, Jammu & Kashmir, and Uttarakhand. Less area is reported from the states of Odisha, Chhattisgarh, Bihar, Assam, Haryana, Gujarat etc. from Agriculture-Economy-News-Economic Times https://ift.tt/3wJSw7Q

More supply than demand keeps vegetables cheap in monsoon for first time in several years; traders, growers struggle to sell

Image
“Before Covid-19, I used to supply 23 to 30 tonnes of fruits and vegetable to hotels and institutions. Now, it has come down to 5 to 6 tonnes a day,” said Navin Chawla, a third-generation vegetable wholesaler from Delhi. from Agriculture-Economy-News-Economic Times https://ift.tt/3krmkDp

Tomar urges farmers to take benefit of govt's agri-reforms; launches Kisan Sarathi app

Image
Through 'Kisan Sarathi' platform, officials at various levels can view and monitor daily activities such as farmer registration, live calls, messages, advisories given and pending. from Agriculture-Economy-News-Economic Times https://ift.tt/3z2i7u8

Horticulture production hits record high at 329.86 million tonnes, says Agriculture Ministry

Image
The production of fruits is estimated to be 102.76 million tonnes this year as compared to 102.08 million tonnes achieved in the year 2019-20, while production of vegetables is estimated to be 196.27 million tonnes, up by 4.42 % as compared to 188.28 million tonnes in the previous year. from Agriculture-Economy-News-Economic Times https://ift.tt/36AENFL

Irrational subsidies, overfishing by many countries hurting Indian fishermen, says Goyal

Image
The minister has also stated that the proposed agreement has to provide for current and future needs as the per capita fisheries subsidy given by most developing countries is minuscule compared to advanced fishing nations. from Agriculture-Economy-News-Economic Times https://ift.tt/3eoOqLM

India seeks fair WTO pact on fish subsidies, says limited S&DT inappropriate, unaffordable, unacceptable

Image
Speaking strongly for the rights of developing countries at the ministerial meeting of the WTO on the crucial fisheries subsidy negotiations, commerce and industry minister Piyush Goyal said that countries like India who are yet to develop fishing capacities, cannot sacrifice their future ambitions. from Agriculture-Economy-News-Economic Times https://ift.tt/3rdMLhf

Only 39 per cent of workers can be considered as permanent workers in tea plantation sector in Assam: Oxfam India

Image
Oxfam India is working in seven districts of Assam—Biswanath, Dibrugarh, Tinsukia, Lakhimpur, Tezpur, Golaghat and Sivasagar. from Agriculture-Economy-News-Economic Times https://ift.tt/36zVEIC

Stock limits on pulses not removed, being enforced, says govt

Image
The central government has also shared information with the States about mismatch between the stocks declared by the stockists on the portal developed by Department of Consumer Affairs and loans taken from the Bank for pulses stocks or the quantity imported by importers. from Agriculture-Economy-News-Economic Times https://ift.tt/3wGpHc4

Punjab waives Rs 590 crore farm debt loans for labourers and landless farming community

Image
The government will pay off loans to the tune of Rs 590 crore of 285,325 members of the Primary Agricultural Cooperative Societies (PACS), thus ensuring a relief of Rs 20,000 per member, said the statement quoting the chief minister Amarinder Singh. from Agriculture-Economy-News-Economic Times https://ift.tt/3r90So2

CCEA approves realignment of schemes of Animal Husbandry department to leverage an investment of Rs 54,618 crore in next 5 years

Image
Financial Implication: "The financial commitment of Rs.9800 crore by Government of India over next 5 years starting 2021-22 for these schemes would leverage total investment of Rs.54,618 crore in livestock sector including share of investments by State Governments, State Cooperatives, Financial institutions, External funding agencies and other stakeholder," said a government release. from Agriculture-Economy-News-Economic Times https://ift.tt/2T9dX4i

IFFCO Kisan Sanchar setting up 17 FPOs in Gujarat in tie-up with NABARD, NCDC

Image
These FPOs are being established in association with National Bank for Agriculture and Rural Development (NABARD) and National Cooperative Development Corporation and will be spread across several districts of Gujarat. from Agriculture-Economy-News-Economic Times https://ift.tt/3kgecWo

ISMA keeps India's 2021-22 sugar production unchanged at 310 lakh tonnes

Image
"After accounting for the reduction in sugar production due to diversion of cane juice and B-molasses to ethanol, ISMA estimates sugar production in 2021-22 at around 310 lakh tons of sugar. This will be similar to the current year’s sugar production," said ISMA in a release. from Agriculture-Economy-News-Economic Times https://ift.tt/3i7wp5U

Soil moisture deficiency may force re-sowing of maize, soyabean in some states

Image
Even as the Indian Meteorological Department (IMD) on Tuesday declared that monsoon rains have covered the entire country, large parts of the country are still waiting for good spells of rain to save the crops in the field. Farmers have complained that the weather office’s short-term forecasts--issued for a fortnight—on which they based their decision to sow, were off the mark. from Agriculture-Economy-News-Economic Times https://ift.tt/2UDlo49

States lift 15.3 lakh ton foodgrains so far for free distribution during July-November

Image
The Central Government has extended the PMGKAY for five months i.e. July-November 2021 and further allocation of 198.79 LMT food grains has been made under PMGKAY-IV (July-November 2021), it added. from Agriculture-Economy-News-Economic Times https://ift.tt/3hB979B

Assam's Agriculture department has set a ambitious target for enrolling five lakh farmers under Pradhan Mantri Fasal Bima Yojana for ensuing Sali paddy

Image
Agriculture minister Atul Bora said that district Agricultural Officers of the State has to take the responsibility to achieve the target failing which department may take action against them. from Agriculture-Economy-News-Economic Times https://ift.tt/36tPx8P

IIT Guwahati researchers conduct extensive research on Eri and Muga Silk

Among the first such reports in this sector, the final report has already been accepted by the World Bank consultants. from Agriculture-Economy-News-Economic Times https://ift.tt/3yO8Mpz

Uttar Pradesh records highest ever procurement of wheat at MSP; Rs 11,141.28 crore paid

Image
Procurement in Uttar Pradesh had shown a record Paddy also during Kharif Marketing Season 2020-21 itself. A record procurement of 66.84 LMT paddy was done from 10.22 lakh farmers of Uttar Pradesh during KMS 2020-21. from Agriculture-Economy-News-Economic Times https://ift.tt/2U0Xu2C

India’s agricultural exports will cross $40 billion in FY22: NABARD Chairman

Image
“Producers have understood the overseas market requirements and the quality of products that are in demand. This is driving agri exports from India. China has emerged as a major buyer of agriculture products in the world markets. Also, we are in the midst of a commodity super cycle,” said GR Chintala, chairman, NABARD. from Agriculture-Economy-News-Economic Times https://ift.tt/2U4ClEB

New farm laws to boost competition; farmers can sell produce to corporates: Chief Economic Advisor K Subramanian

Image
Subramanian said the insistence on selling goods only at Agricultural Produce Marketing Committee (APMC) markets dented farmers' realisations because the buyer who acted as an intermediary had an upper hand in the trade due to factors like it being a perishable commodity or the costs involved in coming to the market again. from Agriculture-Economy-News-Economic Times https://ift.tt/3xDUpUH

Palm oil prices rise in India even after import duty cut

Image
Higher palm oil prices could weigh on Indian demand and may prompt the government to refrain from cutting import taxes further as the price rise highlighted the limitation of duty reduction. from Agriculture-Economy-News-Economic Times https://ift.tt/2VtcdUh

PM Modi says farm sector needs post-harvest revolution; govt impetus on scientific ecosystem

Image
Modi said the hardworking farmers have made record production of commodities despite the unprecedented challenges of the COVID-19 pandemic. from Agriculture-Economy-News-Economic Times https://ift.tt/3yQDezh

GI certified Fazil mango variety from West Bengal exported to Bahrain: Commerce Ministry

Image
The GI tag helps growers get premium price for the product as no other producer can misuse the name to market similar goods. from Agriculture-Economy-News-Economic Times https://ift.tt/36qFwsK

Kharif sowing till July 9 lagging by 10%

Image
India has completed sowing of the kharif season crop on 46% of the normal area of 1,073 lakh hectare allocated for summer cultivation. Farmers have sown kharif crops on 499.87 lakh hectares until July 9, about 10.4% lower than 558.11 lakh hectares sown during the corresponding period last year. from Agriculture-Economy-News-Economic Times https://ift.tt/3wAF8CK

Summer crop planting lags as monsoon rains taper off

Image
Farmers typically start planting summer-sown crops on June 1, when monsoon rains usually reach India. Planting then continues until early August. from Agriculture-Economy-News-Economic Times https://ift.tt/3e5Mrfj

Cabinet approves amendment to Coconut Development Board Act

Image
"The Union Cabinet has approved the proposal of the Department of Agriculture, Cooperation and Farmers Welfare to make the post of Chairman, Coconut Development Board as Non-Executive one. It will be beneficial to the coconut growers at large," an official statement said. from Agriculture-Economy-News-Economic Times https://ift.tt/2SUW0pY

APMCs can access Farmers Infrastructure Funds: Narendra Singh Tomar

Image
​Alleviating fears of farmers, the minister said that APMCs will not be done away with after the implementation of farm laws. Instead they will receive huge funds from the Centre's Infrastructure fund to strengthen them. Apart from APMCs the eligibility has also been extended to national and state Federation of Co-operatives, Federation of Farmers Producers Organisations and Federations of Self Help Groups. from Agriculture-Economy-News-Economic Times https://ift.tt/3jTLASz