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Showing posts from October, 2022

India needs 108 million tonnes of foodgrains a year to be distributed to the poor: Piyush Goyal

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The Minister said 80 crore people were already getting food security with foodgrains (of) about 5 kg per person or 35 kg for the very poor Antyodaya families and under the Prime Minister Garib Kalyan Yojana, the quota was doubled with an additional 5 kg. from Agriculture-Economy-News-Economic Times https://ift.tt/MTyC9hu

Wheat sown in 54,000 hectares, increase of 59% from last year: Govt data

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Wheat has been sown on 54,000 hectares so far in the current rabi (winter) season of the 2022–23 crop year, which is an increase of 59% over 34,000 hectares in the comparable period last year, government data issued on Friday revealed. from Agriculture-Economy-News-Economic Times https://ift.tt/tCzjxEM

Government releases guidelines to speed up development of plant varieties, reduce time of approval

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The Department of Biotechnology said these standard operating procedures (SOPs) shall be applicable to all organizations involved in research, development and handling of the Genome-Edited Plants under SDN-1 and SDN-2 categories from the date of notification. from Agriculture-Economy-News-Economic Times https://ift.tt/gSwn7aY

Potato, tomato production estimated to be down by 4-5 per cent in 2021-22

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The government releases production estimates at different stages of plant growth and harvesting. Total four estimates are released before the final one. from Agriculture-Economy-News-Economic Times https://ift.tt/Y3BVTaO

India gives environmental approval for gene-modified mustard

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The world's biggest importer of edible oils, on which it spends tens of billions of dollars a year, India fills more than 70% of its demand from Argentina, Brazil, Indonesia, Malaysia, Russia and Ukraine. from Agriculture-Economy-News-Economic Times https://ift.tt/Cn0sh8g

Environmental release of GM Mustard approved

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The move comes amid opposition from green groups which say commercial cultivation of GM mustard could have an adverse impact on human health and food security. from Agriculture-Economy-News-Economic Times https://ift.tt/m3Eqsx7

Rice 5% expensive on fears of cyclone Sitrang hitting Bengal crop

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Although cyclone Sitrang has not made landfall in India, it has battered coastal regions of Bengal and brought heavy rainfall in Assam. from Agriculture-Economy-News-Economic Times https://ift.tt/iC1N5sz

Chhattisgarh eyes 110 lakh MT paddy procurement in 2022-23

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​​Last year, around 98 lakh MT of paddy was purchased from cultivators in the state. The paddy procurement drive will begin on November 1, Chhattisgarh's statehood day, and conclude on January 31 next year. from Agriculture-Economy-News-Economic Times https://ift.tt/lAoDqve

Women's coffee alliance to hold coffee fair in Bengaluru on October 29, 30

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The event will showcase different varieties of coffee beans and brews and include launch of new coffee products and associated foods, coffee equipment demonstrations and materials, coffee related information and quiz competitions, WCAI president Sunalini Menon and member Poornima Jairaj told the media on Friday. from Agriculture-Economy-News-Economic Times https://ift.tt/2IL9E0A

No unseasonal rain threat to onion prices, enough buffer stock, says govt

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It is worth noting that onion prices have been fairly stable this year. This is because of record production in the 2021-22 rabi season as well as 2.5 lakh tonnes of buffer stock. from Agriculture-Economy-News-Economic Times https://ift.tt/5L9VUlu

Agriculture experts see a shift to mustard, lentils

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While farmers in the eastern areas of Uttar Pradesh may opt for mustard, the western region of the state will likely choose wheat. Madhya Pradesh farmers may also prefer to sow mustard and wheat. The government has increased the MSP of these crops - ₹110 per quintal for wheat, ₹500 per quintal for lentils and ₹400 for mustard seeds - incentivising farmers to grow these. from Agriculture-Economy-News-Economic Times https://ift.tt/JEp7fBO

Assam, India largest tea producer, working on a tea policy

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The draft proposal of Tea policy includes components like replacements of old plants and machinery, financial assistance for opening tea boutiques, new blending and packaging industries, participating in trade fairs national and international, Quality Certification for ISO/HACCP, Organic Tea Certification of the factory, export support for sending tea directly from Assam to overseas country etc. from Agriculture-Economy-News-Economic Times https://ift.tt/Qtgm4io

MSP hiked for wheat, pulses, mustard

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The MSP for wheat has been increased by ₹110 to ₹2,125 per quintal, to help boost the production of the staple food grain and income of farmers. The increase has been the highest for lentils (masur), by ₹500 to ₹6,000 a quintal. from Agriculture-Economy-News-Economic Times https://ift.tt/sSX9FRj

Cabinet's nod to raise MSP for rabi crops will make farm sector more 'energetic', says Prime Minister Narendra Modi

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Our farmer brothers and sisters are important partners in the development of the nation. To further empower them, the government today approved increase in MSP of all essential Rabi crops including wheat, lentils, gram and barley. This decision will make the agriculture sector more energetic, Modi wrote on Twitter. from Agriculture-Economy-News-Economic Times https://ift.tt/2pwlVjg

GOI's Diwali bonanza: MSP rates for rabi crops, including wheat, barley, masoor, gram hiked

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from Agriculture-Economy-News-Economic Times https://ift.tt/TsXCil0

Drones can boost India's GDP by up to 1.5%, address challenges for the country's key agriculture sector

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While emerging fourth industrial revolution technologies can play a role in addressing these challenges. WEF cited a Ministry of Electronics and Information Technology (MeitY) report that highlighted that digital tech-based agriculture can unlock further value of $65 billion by 2025. The gross domestic product (GDP) impact of digital agriculture will be even larger. from Agriculture-Economy-News-Economic Times https://ift.tt/S0HDefX

Union Cabinet approves MSP hike for all mandated rabi crops

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The MSP for lentil (Masur) has seen the highest increase of Rs 500 per quintal. Rapeseed and Mustartd has been increased by Rs 400. from Agriculture-Economy-News-Economic Times https://ift.tt/aeZNJyE

Wheat will be sold in open market to control prices: Food Secretary

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Stock position of wheat and rice in the central pool is comfortable even after meeting the requirements of the seventh phase of Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY), he said. "We also have a surplus for market intervention if the need arises," he added. Pandey allayed concerns over wheat price increase, saying the rise is in tune with the increase in its minimum support price (MSP) and other costs such as transportation. from Agriculture-Economy-News-Economic Times https://ift.tt/7XPeNyp

India's sugar output to be higher at 36.5 million tonnes in 2022-23 marketing season: ISMA

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Sugarcane crushing has started in the southern region and is expected to start soon in other regions also. Therefore, a better picture would emerge after a few months when actual trend of yields and sugar recoveries would become available. As has been the practice, ISMA will again review the sugarcane and sugar production estimates in January 2023. from Agriculture-Economy-News-Economic Times https://ift.tt/QDWPISR

PM Modi releases 12th installment under PM-KISAN scheme

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The government is all set to release Rs 16,000 crore on Monday through direct benefit transfer under the 12th installment of the PM Kisan Samman Nidhi (PM-KISAN) plan, which is expected to benefit 10 crore farmers. from Agriculture-Economy-News-Economic Times https://ift.tt/4vEw5DJ

Unseasonal rains have damaged crops: Agri Minister Narendra Singh Tomar

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Farmers are dependent on monsoon, which is unpredictable, he said, adding that despite all measures in place, cultivators are at the mercy of nature. from Agriculture-Economy-News-Economic Times https://ift.tt/xkNAiuR

Government wheat stock 11 pc higher than buffer norm as on Oct 1

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The steep decline in procurement compelled the government to prohibit wheat exports in order to increase local availability and limit price increases. According to the agriculture ministry's fourth advance estimate, wheat production will fall to 106.84 lakh tonne in the 2021-22 crop year (July-June) from 109.59 lakh tonne the preceding year. Sowing of new wheat crops will accelerate in the coming days. from Agriculture-Economy-News-Economic Times https://ift.tt/y1Claik

Many districts of Bihar, Jharkhand and Bengal may go for early rabi planting

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The country overall received 7% more rains than the long-term average during the 2022 June-September monsoon season. But several regions received less than normal rainfall. Some other regions received normal to surplus rainfall overall, but faced a deficiency during the crucial sowing season. from Agriculture-Economy-News-Economic Times https://ift.tt/zJcTF2b

Extended monsoon may delay Maharashtra's 2022-23 sugarcane crushing season

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The state is staring at yet another year of record production, delay in crushing operations can become an administrative challenge with political implications. from Agriculture-Economy-News-Economic Times https://ift.tt/Ml58obm

Wheat prices rule higher in UP, Bihar amid shortage

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Wheat prices in Uttar Pradesh, the country’s largest wheat-producing state, and neighbouring Bihar are ruling 4-5% higher than other wheat-producing states as they are facing a wheat shortage for the first time even as prices continue to rise across the country. from Agriculture-Economy-News-Economic Times https://ift.tt/TNzpuRt

September deluge stalls kharif harvesting, damages crops

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"The impact of this untimely rain will not be good for the standing crop. The quality will go down and the colour will change. The marketing edge will be lost," said agriculture expert Devinder Sharma. It can also delay sowing for the next season, especially of wheat and potato. from Agriculture-Economy-News-Economic Times https://ift.tt/x7KrWEX

Heavy showers ahead of harvest season could fuel food prices, spur rate hikes

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The increased food prices will ultimately compel the Reserve Bank of India (RBI) to go for another rate hike in order to bring inflation back to its comfort level. Soaring food prices may also lead to additional restrictions being imposed by the government on exports of food commodities such as rice, wheat, and sugar. from Agriculture-Economy-News-Economic Times https://ift.tt/Ph695F3

Deficient monsoon and excess rains afterwards, Uttar Pradesh farmers stare at heavy losses

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The excess rainfall led to waterlogging in cities and towns across the state but proved worse for farmers in rural pockets. The rains inundated the fields, causing damage to standing paddy, maize and newly cultivated potato crops. Millets like bajra and pulses like Urad have also been affected. from Agriculture-Economy-News-Economic Times https://ift.tt/kcf1WFZ

Rice, wheat prices show diverging trend amid steady festive demand

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Tarun Satsangi, commodity analyst at Origo Commodities, said though steady demand ahead of the festive season has kept the prices stable near highs, going ahead, prices may correct gradually due to a slump in demand post-Diwali coupled with traders liquidating their old stocks as the new wheat crop sowing season kicks off by October-end. from Agriculture-Economy-News-Economic Times https://ift.tt/f1K8OjZ

M&M eyes $200m gross merchandise value from Farm Services

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Krish-e was formed by bringing together different parts of the Mahindra group or farm equipment business and integrated to offer a coherent value proposition to the farmers. Samriddhi, the advisory service from Mahindra Agri Solutions, My AgriGuru App, Tractor rental arm Trringo and the precision farming decision, all came together under Krish-E to offer a comprehensive ones-top shop solution three years ago. from Agriculture-Economy-News-Economic Times https://ift.tt/39B1b8A

Punjab CM Bhagwant Mann announces hike in sugarcane price to Rs 380 per quintal

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In August 2021, the then Congress government had announced a Rs 50 per quintal hike in SAP of sugarcane to Rs 360 per quintal. Mann said farmers will get an additional Rs 20 per quintal under SAP of sugarcane as compared to last year. With this decision, the state government will spend an additional Rs 200 crore annually to benefit the farmers. from Agriculture-Economy-News-Economic Times https://ift.tt/KmbuYy9

Paddy acreage falls 4.76 per cent in Kharif season this year

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​​​ The paddy acreage stood at 423.04 lakh hectares (LH) in last year's Kharif season. The agriculture ministry on Friday released the final area under coverage for Kharif season of 2022. The total area under coverage for all Kharif crops declined to 1102.79 LH from 1112.16 LH last year. from Agriculture-Economy-News-Economic Times https://ift.tt/NTolzbe