Agri News India

"Till now, about 96.41 lakh farmers have been benefited with an MSP value of Rs 1,38,619.58 crore," the ministry said in a statement. A quantity of 707.24 lakh tonne of paddy has been procured till February 27 of the ongoing 2021-22 marketing year, it said. from Agriculture-Economy-News-Economic Times https://ift.tt/XkSAh75

"During the current season, owing to a substantial increase in demand and export of around 50 lakh bales, the country is likely to face 30 to 40 lakh bales cotton shortage,” said Southern India Mills’ Association (SIMA) in a release. from Agriculture-Economy-News-Economic Times https://ift.tt/N0dvGwQ

The Government of India had unveiled its Agriculture Export Policy in December 2018, directing the state governments to draft their own policy. Accordingly, the state government had constituted a committee in May 2019 to draft the policy. from Agriculture-Economy-News-Economic Times https://ift.tt/OLcobvV

The rabi marketing season (RMS) runs from April to March. The 2021-22 Kharif Marketing Season started in October 2021 and will run till September this year. from Agriculture-Economy-News-Economic Times https://ift.tt/FTgXxMv

Operating profitability, however, will be set back to the pre-pandemic level of 5-5.5% in the next two fiscals. from Agriculture-Economy-News-Economic Times https://ift.tt/ktMJIfW

from Agriculture-Economy-News-Economic Times https://ift.tt/z109oal

Increasing farmer’s income, reduce farming cost and connecting farmers to market is the aim of the government, PM Narendra Modi emphasized. He called on the corporate world, technology sector, financial world and start up world to collaborate with the government and take Budget initiatives to farmers before they start the new agriculture year this year. from Agriculture-Economy-News-Economic Times https://ift.tt/Dsh4qM6

“Prices of mustard oil have come down since harvesting started from middle of February in certain pockets of Rajasthan and Madhya Pradesh,” Vijay Data, managing director of edible oil manufacturing firm Vijay Solvex, told ET. “Prices will further fall when the arrival picks up in March.” from Agriculture-Economy-News-Economic Times https://ift.tt/0aJ2dg4

The law applicable to grain and seed will be different and therefore concessions applicable to grain produced by a cultivator will not be applicable to seed, said the rulings of February 11. from Agriculture-Economy-News-Economic Times https://ift.tt/9vFiQKZ

The buffer stock is being released even in Lasalgaon and Pimpalgaon wholesale mandis of onion in Maharashtra to augment the supply in these markets, the Consumer Affairs Ministry said in a statement. from Agriculture-Economy-News-Economic Times https://ift.tt/Xot5Y3p

The Centre has proposed a law that empowers it to fix the maximum selling price of fertilisers and control its quality as well as distribution. from Agriculture-Economy-News-Economic Times https://ift.tt/836Vrmz

"We are making representation to the Union ministry of commerce and industry to withdraw this notification, as Indian importers have contracted cargoes which are presently in transit to Indian ports. If these cargoes are not allowed to be imported, it will create immense financial hardship to Indian companies and chaos in the market," said Bimal Kothari of IPGA. from Agriculture-Economy-News-Economic Times https://ift.tt/ckNGsYb

The government wants to promote the use of drones in agriculture – from crop assessment to pesticide spraying. Who will foot the bill? from Agriculture-Economy-News-Economic Times https://ift.tt/5MYc1rH

The country's basmati rice exports in 2021 fell 20% from a year ago to 4 million tonnes, the lowest since 2017, according to government data. Shipments to Iran, the biggest buyer of India's basmati rice, plunged 26% from a year ago to 834,458 tonnes, the data showed. from Agriculture-Economy-News-Economic Times https://ift.tt/UojLZRS

According to a research paper published in 2020, the livestock sector in J&K, contributes nearly 25.8 percent of the total value of output in agriculture, fishing and forestry sector. It also says that the livestock sector contributes 4.11 percent to J&K’s GDP and 25.6 percent of total Agriculture GDP. According to another official document, people in Kashmir consume six crore kgs of meat every year, out of which 3.5 crore kgs of meat is imported. from Agriculture-Economy-News-Economic Times https://ift.tt/Rde0qDN

According to the agreement, the overarching objective is to improve farmers' remuneration, transfer of technology in research and development as well as marketing and value addition of sheep products of Jammu and Kashmir. from Agriculture-Economy-News-Economic Times https://ift.tt/THnU2QB

India is in talks with several countries and exploring long-term agreements for supply of the key soil nutrients. from Agriculture-Economy-News-Economic Times https://ift.tt/dP7irA3

The minister said Prime Minister Narendra Modi government is "fully committed" to the farmers' interest and farming. from Agriculture-Economy-News-Economic Times https://ift.tt/LWS76BA

PMKSY is a comprehensive package which will lead to creation of modern infrastructure with efficient supply chain management from farm gate to retail outlet. from Agriculture-Economy-News-Economic Times https://ift.tt/csPgl2J

Tomar, in his written reply to the Rajya Sabha, said: "As on date, 16,026 applications for an amount of Rs 10,627 crore have been received on the AIF portal. Out of these, 9,019 applications for Rs 6,540 crore have been sanctioned." from Agriculture-Economy-News-Economic Times https://ift.tt/K6czCsn

The government is committed to forming a panel on Minimum Support Price (MSP) and the Election Commission has said it can be done after the polls are over, Agriculture Minister Narendra Singh Tomar said in the Rajya Sabha on Friday. from Agriculture-Economy-News-Economic Times https://ift.tt/jEUWpmx

According to ISMA, as on 31st January, 2022, 507 sugar mills in the country were in operation and had produced 187.08 lac tons of sugar, as compared to 177.06 lac tons produced by 491 mills last season which operated on the corresponding date. This is 10.02 lac tons higher as compared to last season’s production for the corresponding period. from Agriculture-Economy-News-Economic Times https://ift.tt/p9ntqRx0W

Finance minister Nirmala Sitharaman in her budget speech on Tuesday had said the Centre will promote Kisan drones to help farmers assess crops, digitise land records as well as spray insecticides and nutrients. from Agriculture-Economy-News-Economic Times https://ift.tt/LgKkXvf0h

In reply to a Lok Sabha question, Minister of State for Food and Consumer Affairs Sadhvi Niranjan Jyoti said, "Till date, contracts of about 40 lakh tonnes have been signed for export of sugar in current sugar season 2021-22 and that too without announcement of any export subsidy. from Agriculture-Economy-News-Economic Times https://ift.tt/Piw3lXNbB

Going green payment of Rs 2.37 L cr for procurement of wheat and paddy under MSP; Kisan Drones and Nabard fund for rural startups on cards. from Agriculture-Economy-News-Economic Times https://ift.tt/gqizvbUHc

According to Sheetal Sharad, Vice President, ICRA, the pandemic has exerted pressure on raw milk availability in the recent flush season given the lower-than-expected coverage of artificial insemination during cattle breeding period in the first and second waves of the pandemic. from Agriculture-Economy-News-Economic Times https://ift.tt/OpUR95c2s

“Chemical free natural farming is a big announcement for exports as well as health of the nation,” said Rajat Wahi, partner, Deloitte India. The focus on start-ups and AgriTech in the budget will be helpful for the development of a digital ecosystem and technology inclusion in the agri sector, said Ajay Kakra, Leader – Food and Agriculture, PwC India. from Agriculture-Economy-News-Economic Times https://ift.tt/jCzameDs8

The market size for just the drones is estimated to be around Rs 20-30,000 crore. Out of this, even if 10-15% is adopted in agriculture will have a huge impact on the agriculture sector. from Agriculture-Economy-News-Economic Times https://ift.tt/6S957G3gY

from Agriculture-Economy-News-Economic Times https://ift.tt/sbZ8WkUAX

​These announcements were part of a wide ranging push based on four pillars - productivity, climate action, financing investments and the Gati Shakti plan from Agriculture-Economy-News-Economic Times https://ift.tt/LYFkwU9al

The fiscal 2022-23 has been announced as International Year of Millets, the finance minister said while presenting the Union Budget for 2022-23. from Agriculture-Economy-News-Economic Times https://ift.tt/tWCP3F1NB

It also highlighted the need to prioritise the use of new technologies, including drones and AI-based decision support systems, and pitched for increasing agriculture research and organic farming. from Agriculture-Economy-News-Economic Times https://ift.tt/LPuDEJtOq