Agri News India

For the record, refined sunflower oil constitutes ~10% of India’s consumption of 230-240 lakh tonne of edible oils (all types) annually. The country imports nearly 60% of its edible oil requirement, which makes it extremely vulnerable to adverse developments in global trade as well as oilseed production and regulatory changes in key import centres. from Agriculture-Economy-News-Economic Times https://ift.tt/fOg0dxX

For edible oils, the limit would be three tonnes for retailers and 50 tonnes for wholesaler and it would be applicable until the year end, an official statement said. Oilseed processors could hold stocks up to 90 days of their daily production capacity. from Agriculture-Economy-News-Economic Times https://ift.tt/dflviPY

In a meeting held with top 20 wheat exporters of the country in Bhopal on Tuesday, chief minister Shivraj Singh Chauhan said the exporters will have to mention MP Sharbati Wheat in their invoice instead of just writing wheat. from Agriculture-Economy-News-Economic Times https://ift.tt/gk48vPL

India's export of agricultural products have touched USD 40.87 billion in the first 10 months of the current fiscal and it is 25.14 percent more than the financial year, Union Minister of State for Commerce Patel said in Lok Sabha . Patel said exports of some other major agricultural products like wheat, sugar and cotton have registered a substantial increase during the current year. from Agriculture-Economy-News-Economic Times https://ift.tt/L7QmdCS

The committee will have representatives of the central government, state governments, farmers, agricultural scientists, and agricultural economists. from Agriculture-Economy-News-Economic Times https://ift.tt/DAtWwKL

The Standing Committee on Agriculture, Animal Husbandry and Food Processing presented its report in Parliament on Thursday related to 'Demand of Grants' for Ministry of Agriculture. from Agriculture-Economy-News-Economic Times https://ift.tt/uZySrXl

The consolidation will help farmers in accessing information such as latest research and development, weather and market updates, services available, government schemes and advisories for different agro-climatic zones under one umbrella. from Agriculture-Economy-News-Economic Times https://ift.tt/YvVI1fd

Farmers get agriculture credit at a reduced interest rate of 7 per cent. Government implements an interest subvention scheme for short term crop loans up to Rs 3 lakh. Under the scheme, interest subvention of 2 per cent per annum is provided to banks on use of their own resources. from Agriculture-Economy-News-Economic Times https://ift.tt/vNPSKsO

The Centre has procured 741.62 lakh tonne of paddy in the ongoing 2021-22 marketing year so far at the minimum support price (MSP), Union Food Ministry said on Monday. "Till now about 105.14 lakh farmers have been benefitted with MSP value of Rs 1,45,358.13 crore," the ministry said in a statement. from Agriculture-Economy-News-Economic Times https://ift.tt/bx8p2vV

The minister was speaking at 93rd Annual General Meeting of the ICAR Society here, according to an official statement. from Agriculture-Economy-News-Economic Times https://ift.tt/D2wliON

CIIE.CO of IIM Ahmedabad is co-implementing this programme in partnership with Innovative Change Collaborative Services Pvt. Ltd, (a part of ICCo group of Companies). This programme is supported by Assam Agribusiness and Rural Transformation Project (APART). AAGL aims to handhold and support 100 agribusinesses in 4 years with 30% representation from women led agri-enterprises. from Agriculture-Economy-News-Economic Times https://ift.tt/h6AdJaP

Golden Tips procured the organic white teas at Rs 23,000 per kg and moonlight tea at Rs 21,000 per kg, the season’s highest so far. Golden Tips bought 10 kg of organic white tea and 5 kg of moonlight tea from Goodricke Group. These teas were plucked a few days back from the estate situated at elevations of around 4500 ft above sea level, which gives them a unique character and quality. from Agriculture-Economy-News-Economic Times https://ift.tt/3odhm76

The chief minister informed that production of wheat in Madhya Pradesh has reached up to 1.29 crore MT. Chouhan had held a review meeting with his cabinet ministers and senior officials on Wednesday, and instructed that there should be no shortcomings in the arrangements for wheat procurement. He said that export of wheat should be promoted and it should be procured keeping in mind the new provisions of Rabi Registration 2022-23. from Agriculture-Economy-News-Economic Times https://ift.tt/oiY50bt

The Standing Committee on Agriculture, Animal Husbandry and Food Processing presented its report in Parliament on Thursday related to 'Demand of Grants' for Ministry of Agriculture. from Agriculture-Economy-News-Economic Times https://ift.tt/pHxqoRh

More than 2,000 Alphonso farmers in the Konkan region farmers have collaborated to provide consumers with the finest fruit consumption experience under brand Ekyaam. Fruits sold under the brand are being harvested from highly curated farms and are handled and ripened scientifically using FSSAI-approved methods. Each fruit is scanned individually before packaging to ensure that consumers get the best possible quality. Ekyaam offers 100 percent traceability - each fruit is marked with a QR code that allows customers to trace the fruit to the originating farm. from Agriculture-Economy-News-Economic Times https://ift.tt/ob2JEQN

The new MSP would ensure a return of 60.53% over the all-India weighted average cost of production, the government said.The hike is in line with the principle of fixing the MSP at a minimum of 1.5 times the all-India weighted average cost of production, as announced in the budget for 2018-19. This assures a minimum 50% profit margin, it added. from Agriculture-Economy-News-Economic Times https://ift.tt/st0V2mi

This is the "foresightedness and commitment" of Prime Minister Narendra Modi towards the farmers, he said in the Lower House during Question Hour. "In future also, the Narendra Modi government will not let farmers face any form of injustice. When needed, fertilizers will be made available to farmers, no matter from where they have to be brought," the minister added. from Agriculture-Economy-News-Economic Times https://ift.tt/6CPcI9W

nurture.farm’s Alternate Wetting and Drying & Dry Seeded Rice (AWD-DSR) project covered 22,000 acres of rice paddy fields and involved over 2,500 smallholder farmers. This initiative forms a crucial part of nurture.farm’s mission to transition farmers to adopt sustainable agricultural practices, and reduce the environmental impact of rice cultivation. 20,000 carbon credits were derived from this AWD-DSR project. from Agriculture-Economy-News-Economic Times https://ift.tt/BUojF0h

Our ability to contribute towards making these dreams become reality starts with access to our products across our entire portfolio. Our largest presence is in agriculture, which is very important for India with the government's focus on doubling farmers' income over the next few years to come. from Agriculture-Economy-News-Economic Times https://ift.tt/ejn2oNG

“The circular economy principle is an integral part of our business model. Last year, we made a small beginning wherein nearly 5 per cent of our fuel requirement was met through alternate fuels,” said Parth Jindal, Managing Director of JSW Cement. from Agriculture-Economy-News-Economic Times https://ift.tt/mQAjiLc

Edible oil industry body COOIT has estimated the country's mustard seeds production to rise 29 per cent to 109.50 lakh tonnes in the rabi season of 2021-22 crop year. The output of mustard seeds, which is grown in rabi (winter-sown) season, stood at 85 lakh tonnes in the previous year. from Agriculture-Economy-News-Economic Times https://ift.tt/hTbNdp0

India, the world's biggest wheat producer after China, has been pursuing deals to export wheat and take advantage of surplus stocks at home and a sharp rise in global prices. from Agriculture-Economy-News-Economic Times https://ift.tt/rMa17TL

A farmer can avail a loan instantly against his or her stored commodity at his or her discretion and choice from the comfort and convenience of the home. from Agriculture-Economy-News-Economic Times https://ift.tt/84rSTd2

The revenues of Indian poultry industry are expected to grow by 5-6% in FY2022 compared to 2-3% growth witnessed by ICRA’s sample set of 10 large poultry integrators in FY2021. Continued demand recovery supported by opening up of hotels & restaurants and uptick in broiler realisations will support this growth, said ICRA in a release. from Agriculture-Economy-News-Economic Times https://ift.tt/sFPmd12

Zulfikar, Director LULU group of Hypermarket declared that due to positive approach of Assam Government and APEDA, it is decided to start trials of sourcing Ginger from Assam, the group declared that they will be starting trials of 150 MTs ginger sourced from Assam within next fortnight. from Agriculture-Economy-News-Economic Times https://ift.tt/pd39Qlm

"The Directorate General of Civil Aviation (DGCA), the agriculture ministry and CIB&RC are working jointly to fast track applications and adoption of drones in the agriculture sector, including crop health monitoring and spraying of soil nutrients," Prakash having said at the roundtable discussion, according to a statement. from Agriculture-Economy-News-Economic Times https://ift.tt/9p8wWLr

Higher exports from the world's second-biggest sugar producer could check the rally in global prices , which have been buoyed by a spike in crude oil prices and lower output in top exporter Brazil. from Agriculture-Economy-News-Economic Times https://ift.tt/L6I4Oef

The Agriculture Ministry is ready with a new central scheme to promote natural farming in the country with an estimated outlay of Rs 2,500 crore, a senior government official said on Tuesday. The proposed new scheme on natural farming will soon be placed before the Cabinet for approval, the official added. from Agriculture-Economy-News-Economic Times https://ift.tt/mqpIjyw

Sugar marketing year runs from October to September. India is the world's second-largest sugar producer after Brazil. According to the Indian Sugar Mills Association (ISMA), "India will export 7.5 million tonne sugar in the current season, as against six million tonne estimated earlier." from Agriculture-Economy-News-Economic Times https://ift.tt/gQ7Xoth

The report, titled Innovations in Rural Economy, said India’s rural economy contributes to nearly half of the nation’s GDP and is growing steadily, supported by government and private sector improvements to the physical and digital infrastructure. from Agriculture-Economy-News-Economic Times https://ift.tt/iIxBZjl

Most of the wheat stock in India is held by the government agency FCI, which is not exporting the commodity. Wheat traders want the FCI to release more wheat into the market, which will help keep domestic prices under control, reduce excess stocks and also meet the export demand. However, the processing industry is worried. from Agriculture-Economy-News-Economic Times https://ift.tt/LSP8ARF