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Govt decides not to offer soft loans under SDF to sugar mills for a year

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“The decision has been taken keeping in view the prevailing market conditions of the sugar sector having surplus stocks, despite diversion of sugar and cane juice for production of ethanol. We will review it after fiscal 2021-22,” said a food ministry official. from Agriculture-Economy-News-Economic Times https://ift.tt/3cBN1B5

First harvest of tea in Assam, West Bengal hit by dry spell in March

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A concern for the industry is the surge in Covid-19 cases, as it could impact movement of tea from the tea estates to the auction centres and to different parts of the country if states impose restrictions to check the spread of coronavirus. from Agriculture-Economy-News-Economic Times https://ift.tt/2PEYCXh

Sugar sector growth likely to improve in Q4FY21, says Indian Ratings and Research

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Besides, Ind-Ra expects India's sugar production to increase 10 per cent YoY to around 30 million tonne (mnt) in sugar season 2020-21 (SS21), led by a sharp rebound in production in Maharashtra to 10.5 mnt. from Agriculture-Economy-News-Economic Times https://ift.tt/3dasmmR

Target of doubling farm income won't be achieved without new agri laws: Niti's Ramesh Chand

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The government and unions representing farmers, who have been camping at Delhi's border for four months in protest against the three laws that they say will end state procurement of crops at MSP, have held 11 rounds of talks, the last being on January 22. Talks broke down after widespread violence during a tractor rally by protesting farmers on January 26. from Agriculture-Economy-News-Economic Times https://ift.tt/3ctAM9J

Bayer's Monsanto, India's NSL settle long-running intellectual property dispute

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In a statement to Reuters, the German company said it had resolved "outstanding issues and differences" over the dispute, giving no further details. from Agriculture-Economy-News-Economic Times https://ift.tt/3w1A1wn

2021 Kharif sowing slowly picks up; over 56 lakh hectare coverage so far

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"The trend of summer sowing progress is very good as on date. Besides, the prospect of rabi crops is also very good and about 48 per cent of overall rabi crops have been harvested as on March 26 in the country," the ministry said in a statement. from Agriculture-Economy-News-Economic Times https://ift.tt/31kCTGx

Need policy, financial support for Indian farm sector to make use of full potential of AI: Nasscom

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AI has the potential to play a key role in relieving the sector from most of its stressful input conditions, catalysing a shift towards data-driven farming, it said. from Agriculture-Economy-News-Economic Times https://ift.tt/3tXCk1t

Aquaconnect partners with Alliance Insurance Brokers for an insurance programme for shrimp farmers

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Under this partnership, Aquaconnect will provide risk management services to the insurance partners which include farm data collection, ground validation by aquaculture officers and AquaCRED dashboard support. The partnership aims at making comprehensive insurance available for shrimp farmers to mitigate weather and disease-related challenges from Agriculture-Economy-News-Economic Times https://ift.tt/31amNiN

Expert panel set up to examine industry views on govt's plan to ban 27 pesticides: Narendra Singh Tomar

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The committee is considering the objections and suggestions taking into consideration all aspects related to safety, toxicity, efficacy, updated status of submission of required study and data, among others, Agriculture Minister Narendra Singh Tomar said. from Agriculture-Economy-News-Economic Times https://ift.tt/3f6riD3

No final call taken on direct cash transfer of fertiliser subsidy to farmers: Government

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However, the government has implemented Direct Benefit Transfer (DBT) system in fertiliser sector under which subsidy is released to the fertiliser companies on weekly basis, on the basis of actual sales made by the retailers to the beneficiaries through Point of Sale (PoS) devices installed at each retailer shop, Fertiliser Minister said. from Agriculture-Economy-News-Economic Times https://ift.tt/2Pi1Ak7

Govt invites stakeholders' comments on National Fisheries Policy

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Minister of State for Fisheries Pratab Chandra Sarangi said that the draft policy has been translated into 11 vernacular languages and states have been asked to circulate it among stakeholders, including fishermen associations in order to obtain their comments. from Agriculture-Economy-News-Economic Times https://ift.tt/2NHyF8E

Indian Tea Association to increase daily wages of tea workers by Rs 26

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The national committee of the association reviewed the court direction at a meeting on Sunday and decided to enhance the wages by Rs 26 per day to workers in the Brahmaputra Valley and the Barak Valley with effect from February 22 this year. from Agriculture-Economy-News-Economic Times https://ift.tt/3tJi8R8

LT Foods becomes first company to be certified by UN-backed Sustainable Rice Platform

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A new ecolabel launched by the Sustainable Rice Platform (SRP) will help shoppers reduce their environmental impact by identifying rice that has been sustainably produced. from Agriculture-Economy-News-Economic Times https://ift.tt/31bRXWJ