Agri News India

Union Agriculture Minister Narendra Singh Tomar on Friday said the government is making efforts to boost the production and consumption of millets. He was speaking after inaugurating the 'Millets Experience Centre (MEC)' at Dilli Haat, INA, in the national capital. from Agriculture-Economy-News-Economic Times https://ift.tt/hky4cQZ

Last fiscal, India had imported 850,000 tonnes of tur (pigeon peas) to meet domestic demand. The Centre has also extended the import of tur and urad pulses under the ‘free category’ till March 31, 2024. "We have urged the government to float tender for 5 lakh (500,000) tonnes for other pulses,” Bimal Kothari, chairman of IPGA, said. “Now the government only floats tender for tur pulses for its mid-day meal scheme. If this happens then prices of tur will soften." from Agriculture-Economy-News-Economic Times https://ift.tt/Yj5qC2x

Grain commerce platform Arya.ag on Thursday announced a strategic partnership with Shivalik Small Finance Bank. With this business correspondent model partnership, Arya.ag, will further its mission to drive financial inclusion for farmers and FPOs and offer loans through Shivalik Small Finance Bank under Warehouse Receipt Finance. from Agriculture-Economy-News-Economic Times https://ift.tt/9Xv7Jhg

The ministry of agriculture and farmers' welfare has set up a system for specific advisory services and forecasts for the main agricultural belt of the country based on different rainfall scenarios. It will also come out with agromet advisories specific to different regions to help farmers take appropriate steps to mitigate any damage to crops. from Agriculture-Economy-News-Economic Times https://ift.tt/VRzOEtS

The Indian Sugar Mills Association (ISMA) has lowered its sugar production forecast to 368 lakh tonnes, down 4.6% from the January estimate of 385 lakh tonnes due to unexpectedly lower cane yields in Maharashtra caused by higher ratoon crop share and uneven rainfall. from Agriculture-Economy-News-Economic Times https://ift.tt/Ow0Cc8t

The horticulture sector faces many production challenges that stop it from realising its full potential, such as small operational landholdings, lack of irrigation and poor soil management. from Agriculture-Economy-News-Economic Times https://ift.tt/SOmMQ02

The share of wheat and rice in the country’s total crop output has increased since 2014-15, despite the focus to move farmers away from these crops, according to official data from the Ministry of Statistics and Programme Implementation. from Agriculture-Economy-News-Economic Times https://ift.tt/lBKoygW

Tea plantations, the second largest industry in the state after rubber, are facing "crop loss" this season due to a drought-like situation, Tripura Tea Development Corporation (TTDC) chairman Santosh Saha said. from Agriculture-Economy-News-Economic Times https://ift.tt/4G91ywA

Former NRRI director and Department of Agricultural Research and Education's ex-secretary Trilochan Mohapatra, who is presently officiating as chairperson of the Protection of Plant Varieties and Farmers' Rights Authority, will deliver the foundation day lecture on Sunday. from Agriculture-Economy-News-Economic Times https://ift.tt/34o521Q

The wheat stocks had fallen to 8.3 MT in April 1, the lowest since 2016, as the government's procurement had plunged to a record low due to a drop in production and increased private buying this year. from Agriculture-Economy-News-Economic Times https://ift.tt/IyOAWM7

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In its white paper on ‘Gearing Up To Solve Food Security Challenges’, the Aayog said that the agritech solutions available in the market are making the lives of smallholders better by improving access to quality input, access to market, reducing risks, access to information, and a host of other products and services, resulting in improved productivity and price realisation. from Agriculture-Economy-News-Economic Times https://ift.tt/7TlCqSf

from Agriculture-Economy-News-Economic Times https://ift.tt/IYXK7uV

Arya.ag, an agritech firm that offers financial support to small farmers cultivating less than 5 acres, experienced a 55.81% increase in its loan disbursals through its fintech platform, Aryadhan. Digital loans comprise over 98% of all loans, and the firm's IoT, analytics, AI, and ML technology stack provides minimal transaction costs and an expedited turnaround time for loan disbursements. from Agriculture-Economy-News-Economic Times https://ift.tt/psBHkYK

The United Planters Association of South India (UPASI) has urged the government to immediately intervene and take appropriate steps to control the Tea Mosquito Bug (Helopeltis theivora) (TMB) problem in the tea plantations in India. from Agriculture-Economy-News-Economic Times https://ift.tt/lu6FpVJ

Under the MoU, WayCool will utilize six state-of-the-art facilities located across South India, along with additional facilities to be set up in key locations. CWC will provide dedicated warehousing and incidental services, including pest control, handling and transportation, inventory management, and e-NWR based trading services to WayCool. from Agriculture-Economy-News-Economic Times https://ift.tt/iykD6MV

The international market has witnessed a recent surge in sugar prices. One of the key factors is the likelihood that India wouldn’t allow additional exports. And India's expected pause is mainly due to a fall in the production of sugarcane due to untimely rains and moves towards fulfilling its carbon-reduction commitments i.e. the ethanol-blending programme. from Agriculture-Economy-News-Economic Times https://ift.tt/UTypKrm

The government allowed mills to export only 6.1 million tonnes of sugar in the 2022/23 season, but Prime Minister Narendra Modi's administration was expected to allow a second tranche of shipments. India's absence from the market could lift global sugar prices , which were trading near their highest level in more than a decade, and allow rivals Brazil and Thailand to increase shipments. from Agriculture-Economy-News-Economic Times https://ift.tt/pr659IJ

“The heatwave is resulting in a big loss for poultry farmers,” said Bittu Dhanda, president, Poultry Federation of India. “Already, there is overproduction and now the farmers are being forced to sell the chicks due to the heatwave at a price which is much lower. Chicken meat is being sold at a price which is 50% lower than it was in the February-March period.” from Agriculture-Economy-News-Economic Times https://ift.tt/XGjbypW

The clearance currently is required only for Lalitpur, where procurement was among the lowest in the state this season, but traders fear it could be extended to other districts as well if the overall numbers remained low. However, the Lalitpur district collector said the administration issued the April 12 order after it found out that private traders were buying wheat at below minimum support price (MSP). "After verification of their documents, we will allow them to use railway rakes," Aalok Singh told ET. from Agriculture-Economy-News-Economic Times https://ift.tt/Pb5C1nQ

Darjeeling tea planters are facing a drop in demand for its top-quality first-flush tea from European and Japanese buyers, amid ongoing economic uncertainty. While both markets traditionally import the first-plucking of the season tea, buyers are unwilling to fork out at least Rs 8,000 ($118) per kg for high-quality first flush teas, even though it contributes 30-35% of value thanks to its high quality and price. from Agriculture-Economy-News-Economic Times https://ift.tt/evAbnOm

During the first phase of the implementation, one KVK under each of the 11 Agricultural Technology Application Research Institutes (ATARIs) will be involved, providing technology backstopping and facilitating knowledge-sharing and skill-building exercises, NITI Aayog said in a statement on Thursday. from Agriculture-Economy-News-Economic Times https://ift.tt/Pih1aeF

INI Farms, a leading exporter of fruits and vegetables in India, has received a $1.95m investment from the ESG First Fund managed by Aavishkaar Capital. ESG First Fund is a $250m fund focused on investing in Asia and Africa to generating ESG outcomes and financial returns alongside positive social impact. INI Farms is working with AgroStar, an agri-tech firm, to provide end-to-end services to farmers from advisory and input to output offtake to leverage mutual supply chain capabilities. from Agriculture-Economy-News-Economic Times https://ift.tt/frPbB4Q

Agri-tech company Fasal has partnered with the State Bank of India (SBI) to provide farmers with easy access to capital in the form of quick, easy, and collateral-free loans at competitive rates. The loans will be deployed under the Kisan Credit Card scheme and be initially offered in four Indian states, expanding to more regions in the future. The move coincides with the Indian government's increased agriculture credit target of INR20 lakh crore ($267bn) for FY24. The aim is to enable farmers to use Fasal's precision farming technology to manage agri-input needs, says Shailendra Tiwari, founder of Fasal. from Agriculture-Economy-News-Economic Times https://ift.tt/LxhrUnP

Officials said the duty was scrapped after review of rice stocks. The exemption will be effective from April 11. The centre in September, 2022 had imposed an export duty of 20% on Rice in Husk (Paddy or Rough), Husked (Brown Rice) and Semi-milled or Wholly milled Rice. from Agriculture-Economy-News-Economic Times https://ift.tt/dTjsnyS

Hundreds of millions of farmers across Asia’s third-largest economy depend on the annual monsoon to nourish their fields. Ample rains may boost production of crops like rice, soybeans, corn and sugar cane, helping to lower food prices and aiding the government’s efforts to cool inflation. from Agriculture-Economy-News-Economic Times https://ift.tt/elsNEY5

The Centre will give financial assistance up to Rs 100 crore depending on the size of the project under the recently launched central scheme Cluster Development Programme (CDP), which is implemented by the National Horticulture Board with an outlay of Rs 2,200 crore. from Agriculture-Economy-News-Economic Times https://ift.tt/80GUDS2

The MSP of tur is Rs 6600/quintal, which is lower than moong's MSP at Rs 7755/quintal. India is expected to import more quantities of tur dal to meet domestic demand as production is expected to drop. Additionally, the import of tur and urad pulses has been extended under the 'free' category until March 31, 2024, to ensure affordable rates for consumers. from Agriculture-Economy-News-Economic Times https://ift.tt/li4T7xN

The estimate is higher than last year's 97.7 mt, said Agriwatch CEO Santosh Jhanwar, adding that the estimate is a result of two rounds of field surveys, weather analysis and remote sensing data analysis from nine states and 80 districts across the country. from Agriculture-Economy-News-Economic Times https://ift.tt/g2MpYZP

India's wheat production is likely to reach a record 112.2 million tonnes in the current year despite recent weather-related losses of 1-2 million tonnes, according to the country's government. The government's effort to procure wheat at minimum support price has already reached 7 lakh tonnes, compared to 2 lakh tonnes in the same period a year ago. Farmers have been encouraged to sell to roller flour millers directly instead of to state-owned FCI under the Open Market Sale Scheme. The government is also considering requests for relaxed procurement norms from Uttar Pradesh, Punjab and Haryana, where quality losses have occurred due to recent rains. from Agriculture-Economy-News-Economic Times https://ift.tt/cieBO5V

According to a study, 28 per cent farmers have adopted natural farming techniques on their own through peer-to-peer learning without any training and therefore the focus of PK3Y in this financial year will be consolidation of farmers practising natural farming, said Agriculture Secretary Rakesh Kanwar. from Agriculture-Economy-News-Economic Times https://ift.tt/acyGTQJ

High moisture in mustard due to unseasonal rainfall and cheaper import of other cooking oils like palm, soyabean and sunflower have dragged the mustard prices below the minimum support price (MSP) level. from Agriculture-Economy-News-Economic Times https://ift.tt/mrJiXvV

On reports of wheat crop loss in some states due to bad weather, Sanjeev Chopra said the country would "probably end up with the same figure of 112 million tonnes of production or in the worst case scenario, there will be a negligible drop in the production". from Agriculture-Economy-News-Economic Times https://ift.tt/hcQwmGs

The Centre on Monday said about 8-10 per cent of the wheat crop is estimated to have been damaged due to recent untimely rains and hailstorms in key producing states, but better yield prospects in late-sown areas are expected to make up for the production loss. from Agriculture-Economy-News-Economic Times https://ift.tt/yQhbMwA

According to Centrum Institutional Research, the domestic market for sugar has seen a recent increase in prices, especially in Uttar Pradesh. "We anticipate further increases (in prices) in the coming months as demand for sugar is expected to surge during the summer season," said Centrum in a research note. from Agriculture-Economy-News-Economic Times https://ift.tt/bFMNelQ

India's sugar production fell 3 per cent to 299.6 lakh tonnes in the first six months of the 2022-23 marketing year ending September, according to industry body ISMA. Sugar output stood at 309.9 lakh tonnes in the corresponding period of the previous year. from Agriculture-Economy-News-Economic Times https://ift.tt/Lf8KUEW

The FPO is a pioneering farmer collective from Tamil Nadu and has been associated with Samunnati for more than five years. Taking a holistic perspective, Samunnati is providing all-round support to the FPO including customized financial solutions, training and capability building, and market linkage. from Agriculture-Economy-News-Economic Times https://ift.tt/Tq25V8W

The rains caused a lack of lustre in the new crop, although there has not been a significant loss of yield, said S Pramod Kumar, CEO, Sunil Agro. It is too early to comment on the new arrivals, he said. from Agriculture-Economy-News-Economic Times https://ift.tt/nioR3kZ

As the MD & CEO, Vinod will be responsible for driving and overseeing the development and execution of NBHC’s corporate strategy, business development, systems and policies across the company, stakeholder management, delivery excellence, nurturing talent, and leadership development. from Agriculture-Economy-News-Economic Times https://ift.tt/b7xo3AR

The world's second biggest wheat producer plans to buy 34.15 million tonnes of new-season wheat from local farmers to shore up state reserves after purchases dropped 53% last year to 18.8 million tonnes because of a poor harvest. from Agriculture-Economy-News-Economic Times https://ift.tt/qDQu4WA

In Madhya Pradesh and Rajasthan, 80 per cent of the wheat crop has been harvested, therefore there has not been much damage to the crop in these two states, he said. In other states, about 25 per cent of the area under wheat in Uttar Pradesh, Punjab and Haryana was sown late and the untimely rains in these places are helping the crop growth, he added. from Agriculture-Economy-News-Economic Times https://ift.tt/oOndT2k

More than 5.23 lakh hectare of wheat crop has been damaged by unseasonal rains, hailstorms and strong winds in three Indian states, leading to harvest challenges for farmers and fears of huge yield losses. The majority of wheat is grown in the states of Punjab, Haryana, Uttar Pradesh and Madhya Pradesh, which have all received untimely rainfall, and assessment of crop damage in Punjab and Haryana is still ongoing. from Agriculture-Economy-News-Economic Times https://ift.tt/C1UshN3