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Showing posts from July, 2022

Ministry to soon seek Cabinet nod for allowing more projects access agri fund: Narendra Singh Tomar

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Last time, the government had made changes to AIF was in July 2021. Then, the government had allowed APMCs, state agencies, federations, cooperatives of farmers and self help groups to seek funds for infrastructure development projects. from Agriculture-Economy-News-Economic Times https://ift.tt/DV245CE

Shortfall in paddy sowing likely to be covered in kharif season: Narendra Singh Tomar

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As per the agriculture ministry's latest data, area sown to paddy was down by 35.46 lakh hectare at 231.59 lakh hectare till June 29 of the ongoing kharif season, when compared to 267.05 lakh hectare in the year-ago period. from Agriculture-Economy-News-Economic Times https://ift.tt/L5vxVal

Deficient rains threaten Kharif crop production in Uttar Pradesh

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Of the total 75 districts of the state, 67 recorded deficient rainfall while only seven recorded normal rainfall during this period. The less rainfall is reflected in the drop in Kharif cropping across the state. from Agriculture-Economy-News-Economic Times https://ift.tt/QchEZUJ

Govt stops releasing sowing data of paddy, two other crops

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Paddy is the main kharif (summer) crop and more than 80 per cent of the country's total rice production happens during this season. Sowing of kharif crops, including paddy, begins with the onset of Southwest monsoon in June. The ministry usually releases the sowing data of all kharif crops every Friday after the commencement of sowing. The last available data from the ministry on paddy sowing is only till July 17 of this kharif season. from Agriculture-Economy-News-Economic Times https://ift.tt/UCr5OLA

Surplus govt land identified for building wheat silos on PPP model at 33 locations in 4 states: Food Min

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The Food Ministry on Thursday said surplus government land has been identified for building wheat silos in public-private partnership mode at 33 locations in Punjab, Madhya Pradesh, Uttar Pradesh and Gujarat. In the first phase, tenders were issued during April-June this year for the construction of silos of 10.12 lakh tonne capacity at 11 locations on DBFOT mode, and also for 66 locations with a capacity of 24.75 lakh tonne on DBFOO mode. from Agriculture-Economy-News-Economic Times https://ift.tt/6NLIhlX

Govt launches 11th agricultural census 2021-22; to use smartphones, tablets for data collection

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The fieldwork of the Eleventh Agricultural Census (2021-22) will start in August 2022, the agriculture ministry said in a statement. from Agriculture-Economy-News-Economic Times https://ift.tt/3Sfimy5

India wheat prices jump to record high, limit scope for govt-to-govt deals

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"Most of the farmers have sold their crop. Negligible supplies are coming up for sale even though demand is robust," said Gopaldas Agarwal, a trader based at Indore in central India. Local wheat prices jumped to a record 23,547 rupees per tonne on Wednesday. That was up nearly 12% from recent lows that followed the government's surprise ban on exports on May 14. from Agriculture-Economy-News-Economic Times https://ift.tt/OXl9CZB

Zero procurement of Rabi crops in Delhi since 2016-17 by FCI at MSP: Study

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Procurement has been "abysmally low" in general and gone down to nil since 2016-17, said the study, recently released in the public domain. from Agriculture-Economy-News-Economic Times https://ift.tt/rbUhudX

India sees uneven distribution of rainfall, may affect foodgrain production

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While the monsoon in India is tracking at 11% above normal, the distribution is uneven across the country and could pose a threat to this year's foodgrain production and may worsen the inflation outlook, analysts said on Tuesday. from Agriculture-Economy-News-Economic Times https://ift.tt/lZBf9PE

Farmers worry as rainfall deficit hits 49% in Jharkhand

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Jharkhand has received well-distributed rainfall over the past couple of days, which helped in bringing down the deficit by 2 per cent since July 22, but is not enough for paddy sowing, as per farmers. from Agriculture-Economy-News-Economic Times https://ift.tt/4w76CrK

No adverse impact of wheat export ban on farmers' income; domestic prices above MSP: Narendra Singh Tomar

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The government's third wheat estimate is slightly lower than previous year, but the minister said it is above the average annual wheat production of 103.89 million tonnes achieved during the last five years since 2016-17. In 2020-21, the country's wheat production stood at 109.59 million tonnes. According to the minister, "There is no wheat crisis in the country, as India produces wheat more than its domestic requirement." from Agriculture-Economy-News-Economic Times https://ift.tt/56ZWsPg

Wheat stocks likely to be 80% higher than buffer requirement by April 1 next year: Govt

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"As on July 1, 2022, Food Corporation of India (FCI) and state government agencies have 285.10 lakh tonnes of wheat stock under central pool against the stocking norm of 275.80 lakh tonnes," Piyush Goyal said. In the current 2022-23 marketing year, Goyal said the procurement of wheat has been about 188 lakh tonnes. from Agriculture-Economy-News-Economic Times https://ift.tt/zNdQsFg

ITC to spearhead MAARS super app to boost agriculture business

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ITC CMD Sanjiv Puri told a virtual news conference that the super app will empower farmers by providing them with access to modern tools, right quality of inputs at right prices, besides market and financial linkages. He said with farmers having fragmented holdings of land, the app will aggregate them, adding that presently the company has started with 200 farmers producer organisations (FPOs) involving 40,000 farmers. from Agriculture-Economy-News-Economic Times https://ift.tt/aCoJ2Dl

Chhattisgarh govt to procure pulses in MSP from October to March 2023

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from Agriculture-Economy-News-Economic Times https://ift.tt/wpfid6V

Wheat prices up 14% in 6 weeks on low supply

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Small traders and farmers have sold off their wheat stocks, while multinationals and big traders are holding the stocks anticipating the prices to rise further, traders said. For the first time this year, wheat from government agency Food Corporation of India (FCI) is not available for the millers. from Agriculture-Economy-News-Economic Times https://ift.tt/UDyfzYI

Farmers' income doubled for certain crops, shows SBI study

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The study was based on primary data of SBI's agri portfolio across states containing granular data of various crops from agri-intensive branches and analyzed the change in income of farmers over the past five years. from Agriculture-Economy-News-Economic Times https://ift.tt/0kiNbsJ

Panel set up to make MSP system more effective, transparent

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The panel will be headed by former agriculture secretary Sanjay Agarwal and has representations from Niti Aayog, agricultural economists, other farmer organisations, agricultural scientists, representatives of central and state governments, cooperatives, members of agriculture varsities, and award-winning farmers. from Agriculture-Economy-News-Economic Times https://ift.tt/9x2pf6h

Kharif sowing of tomato, onion, potato at comfortable levels

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Sowing of tomato, potato and onion is at comfortable levels this kharif season with area acreage under cultivation for these crops being at the same levels as last year, a senior official at the agriculture and farmers' welfare ministry said. from Agriculture-Economy-News-Economic Times https://ift.tt/tx6s9Ul

Centre sets up committee to strengthen MSP system

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The government has made a provision to include three members from Sanyukta Kisan Morcha (SKM) as part of the committee but the farm organisation has so far not given any names to be part of the panel. Under the umbrella of SKM, thousands of farmers had held around one year-long agitation at Delhi borders and forced the government to withdraw the farm laws. from Agriculture-Economy-News-Economic Times https://ift.tt/XwfuC27

Average farm income soars 1.3-1.7 times in FY22 from FY18: SBI Research

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The income of farmers has grown in the range of 1.3-1.7 times in FY22 from the FY18 levels on average while grain exports soared to over USD 50 billion, says an SBI Research report. from Agriculture-Economy-News-Economic Times https://ift.tt/7G1TsxI

Narendra Singh Tomar says incomes of lakhs of farmers doubled in 8 years; releases success stories of 75k farmers

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Tomar also released an e-book prepared by the Indian Council of Agricultural Research (ICAR), documenting the success stories of 75,000 such farmers whose incomes have doubled or more than doubled in the last eight years. from Agriculture-Economy-News-Economic Times https://ift.tt/3DwxkvS

IPGA urges government to reinstate exemption of GST levied on pre-packed and pre-labelled agri products

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IPGA has also raised concerns about the apprehension among traders and the unfavourable impact on farmers’ and consumers interest. IPGA is of the opinion that levying GST will further increase the domestic prices of pulses. from Agriculture-Economy-News-Economic Times https://ift.tt/zxaILuR

Centre receives Rs 23,000 crore proposals under Agriculture Infrastructure Fund

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The AIF set up in 2020 aims at providing a medium-long term debt financial facility till 2025-26 for investment in viable projects for post-harvest management infrastructure and community farming assets through interest subvention and financial support. from Agriculture-Economy-News-Economic Times https://ift.tt/Q2MTpEl

Paddy acreage down 17% so far in kharif season, says official data

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In non-food grains category, the area under coverage for oilseeds has grown 7.38 per cent to 134.04 LH from 124.83 LH. Under oilseeds, soyabean area is up 10 per cent to 99.35 LH from 90.32 LH. from Agriculture-Economy-News-Economic Times https://ift.tt/FGp398r

Horticulture output may grow 2% this year

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from Agriculture-Economy-News-Economic Times https://ift.tt/9ud6LbY

Tomato prices drop by 60% in a month

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According to government figures, inflation for potato and tomato rose 23.86% and 158.78%, respectively, in June. The inflation on account of tomato is likely to cool off in July due to a significant drop in prices. from Agriculture-Economy-News-Economic Times https://ift.tt/xSaseET

Policy on good agriculture practice soon

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The government is working on a policy on 'Good Agriculture Practice' to benefit the Indian agriculture sector, said Manoj Ahuja, Secretary, Ministry of Agriculture and Farmers Welfare. from Agriculture-Economy-News-Economic Times https://ift.tt/AaxHJIC

Tea production in Assam, North Bengal impacted significantly by nature's fury

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The Tea Industry in North East India comprising Assam and North Bengal produces almost 81% of country’s total production. This region has been battered by the fury of the nature including severe rainfall and floods. from Agriculture-Economy-News-Economic Times https://ift.tt/nNyPZFz

Tea crop affected in north India due to rains: TAI

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The crop declined 11 per cent in Assam in June 2022 at 76.87 million kg from 86.37 million kg in the same month of previous year. In Barak Valley, the crop decreased to 4.26 million kg in June 2022 as against 4.26 million kg in the previous year same month of 2021 at 5.08 million kg, showing a decline of 16.14 per cent, the TAI said. from Agriculture-Economy-News-Economic Times https://ift.tt/ch9352f

Rice faces squeeze on higher fertilizer costs and booming demand

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Much is riding on the rice crop in India, which ships about 40% of the world’s exports of the staple. “Global supply is at risk, but for now we still have massive Indian availability that is reining in prices,” said V. Subramanian, vice president at The Rice Trader, a researcher and conference organizer. from Agriculture-Economy-News-Economic Times https://ift.tt/85KUYOf

Top food-producing states face rainfall shortage

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India gets about three quarters of its annual rains during the June-September southwest monsoon and its progress is a key determinant of the country's agricultural output and rural incomes. Along with the amount of rain, its spread is also vital, as heavy showers in a short span in some areas could erase the seasonal deficit but may cause floods and hurt farm output. from Agriculture-Economy-News-Economic Times https://ift.tt/amR9jtp

Paddy sowing down by 24%, oilseeds 20% so far due to less rains in some parts: Govt data

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The sowing of Kharif crops begins with the onset of the southwest monsoon in June. Paddy is a major Kharif crop. The India Meteorological Department (IMD) has forecast a normal monsoon this year and the overall rainfall was "close to normal" between June 1 and July 6 this year. from Agriculture-Economy-News-Economic Times https://ift.tt/vShMZE0

Sowing of kharif crops picks up pace, acreage touch 27.872 million hectares till July 1

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The acreage under kharif as on July 1 was 27.872 million hectares, up from 14.05 million hectares on June 24, reducing the drop in acreage to 5.3% from 24%, according to data from the agriculture ministry. In the current kharif season, sowing had been done on 27.872 million hectares till July 1 compared with 29.443 million hectares in the corresponding period last year. from Agriculture-Economy-News-Economic Times https://ift.tt/d6lVIg7

Doubling farm income needs fresh thinking - Centrum report

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The government has taken various initiatives such as providing subsidies in fertilizers, deciding minimum support prices (MSPs) for crops (reviewing before every season) and E‐Nam procurement benefits, yet the farmers in the country are facing severe distress. from Agriculture-Economy-News-Economic Times https://ift.tt/GHOqZMP

Boosting agri ties: India, Russia sign MoU for commercialisation of biocapsule

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Microbial encapsulation technology, a major invention patented by the IISR, is used to encapsulate all agriculturally important microorganisms for smart delivery of beneficial micro-organisms as bio-fertilisers to crops. Four Indian firms have already secured non-exclusive licences from the IISR for commercial production of biocapsules using this unique technology. from Agriculture-Economy-News-Economic Times https://ift.tt/fD81IXn

Syngenta India gets govt nod to spray fungicide using drones

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Syngenta is among the first companies to get approval for spraying agrochemicals after submission of safety and bio efficacy data, it said, adding that trials of these products were replicated in the institutes accredited by the government before getting approval. from Agriculture-Economy-News-Economic Times https://ift.tt/fuRkCbh

Doubling farmers' income top priority for govt: Piyush Goyal

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"Farmers, farmers' welfare ... doubling their income has been a top priority for this government," Commerce and Industry Minister Goyal said speaking at an event of Open Network for Digital Commerce (ONDC) and National Bank for Agriculture and Rural Development (NABARD). from Agriculture-Economy-News-Economic Times https://ift.tt/aK8Qioc

Assam produces nearly 3.1 lakh metric tonnes of spices annually: Himanta Biswa Sarma

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Sarma said that in the present scenario, wherein the entire globe is on the look for healthy food, that are at par with the international standards of food safety and quality, free from any chemical residues and other contaminants; the North Eastern India can emerge as the major supplier of organic foods to the globe. from Agriculture-Economy-News-Economic Times https://ift.tt/4w9WJSj