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India gets record low August rains, IMD says

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India witnessed the driest August in more than a century as the country received 36% less rainfall than normal in 2023, according to data compiled by the India Meteorological Department (IMD). The country has received 10% lower rainfall than normal from June 1 to August 31 from Agriculture-Economy-News-Economic Times https://ift.tt/QSYR6gr

Supreme Court rejects centre's plea to go ahead with release of GM mustard

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The Supreme Court has refused the Indian government's request to proceed with the environmental release of genetically modified (GM) mustard. The court stated that the impact on the environment and ecology needs to be thoroughly examined. The additional solicitor general argued that allowing the release would have significant policy implications for food security, as India heavily relies on edible oil imports. from Agriculture-Economy-News-Economic Times https://ift.tt/oYjKpMq

Airtel's Sunil Mittal has a solution for global hunger, and it starts in Africa

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from Agriculture-Economy-News-Economic Times https://ift.tt/Jz8OFw3

Need to boost crop productivity with new technologies: India's G20 Sherpa Amitabh Kant

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Digitisation of agriculture, the technological transformation and innovation in the farm sector has been the central priority pushed in the Indian presidency in the GCO this year. from Agriculture-Economy-News-Economic Times https://ift.tt/VaoDrUB

Modi weighs continuing free grains program into election season

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The proposal involves continuing a $24 billion program by another six months to June 2024, said the people who asked not to be identified as the discussions are private. A final decision will be taken by Modi’s office in the coming months, they added. from Agriculture-Economy-News-Economic Times https://ift.tt/LKd9J7u

Tomato prices plummet from Rs 300 to Rs 14 per kilo within weeks; Analysts warn further dip to Rs 5

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Tomato prices in India have taken a sharp downward turn after reaching a peak of nearly Rs 300 per kg. Prices dropped to as low as Rs 14 per kg in the Mysuru APMC market, while in Bengaluru, prices ranged from Rs 30 to Rs 35 per kg. The decline is attributed to a slump in demand, with tomatoes being imported from Nepal. from Agriculture-Economy-News-Economic Times https://ift.tt/QNpJ7if

Number of micro irrigation schemes increased by 1.42 million between 2013-14 and 2017-18

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Out of 23.14 million MI schemes examined, 21.93 million (94.8 per cent) constitute groundwater schemes, while 1.21 million (5.2 per cent) are classified as Surface Water Schemes. This underscores the substantial reliance on groundwater resources for irrigation needs.There has been a delay in release of the 6th census due to COVID-19 and work on the 7th census has already been started, a senior official said. from Agriculture-Economy-News-Economic Times https://ift.tt/v2Xzulx

Area under paddy up 4.4 pc, pulses down 8.3 pc this kharif season: Govt

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Area under paddy crop increased by 4.4 per cent to 384.05 lakh hectares so far in the ongoing kharif season despite a lag in Andhra Pradesh and Karnataka, according to data released by the Ministry of Agriculture on Friday. However, pulse acreage was down 8.30 per cent at 117.44 lakh hectares as on August 25 as against 128.07 lakh hectares in the year-ago period. from Agriculture-Economy-News-Economic Times https://ift.tt/u2DpjVJ

Govt likely to set a minimum export price for basmati rice, sources say

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India is considering implementing a floor price for basmati rice exports, following a halt to non-basmati white rice shipments. The floor price could be set at $1,200 per metric tonne to prevent non-basmati rice from being exported as basmati rice. India and Pakistan are the exclusive producers of premium basmati rice, with India exporting approximately 4 million metric tonnes to countries including Iran, Iraq, and the United States. from Agriculture-Economy-News-Economic Times https://ift.tt/rMnP4Kz

Notices issued to traders for buying apple at box rates; govt targets purchase of 1.43 lakh tonnes

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Earlier, apples were sold in terms of per box containing 20-24 kg each, but this year the new system of selling apples in per kg was introduced by the state government after consultations with all the stakeholders following the demand of apple growers. A uniform carton (24 kg) for sale would be introduced next year. Apple is a Rs 5,000-crore economy in Himachal Pradesh. from Agriculture-Economy-News-Economic Times https://ift.tt/XS8IufB

Adopting Africa as place to do agri can change world, alter food ecosystem: Sunil Mittal

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Adopting Africa as a place to do agriculture can change the world and alter food ecosystems, Sunil Bharti Mittal, Chair of B20 India Action Council on African Economic Integration. Mittal asserted that African voice in G20 is "absolutely important". from Agriculture-Economy-News-Economic Times https://ift.tt/nyhcYFP

Rice output may fall by 5% due to uneven rains

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India's rice output is projected to decline by 5% due to uneven rains in key rice-producing states like West Bengal, Odisha, Jharkhand, Chhattisgarh, eastern Uttar Pradesh, and Bihar. The ICAR-National Rice Research Institute has suggested that farmers in these states opt for short-duration rice crops to mitigate the impact of the erratic monsoon. The deficient rainfall has affected the sowing and growth of paddy crops, raising concerns about rice production. Additionally, global rice prices are expected to rise due to an estimated 7 million-tonne deficit in global rice production in FY24, driven by El Nino and unfavorable weather conditions. from Agriculture-Economy-News-Economic Times https://ift.tt/IyJGY1j

Lack of rain may bring down sugar production in Maharashtra, Karnataka, says official; export ban may be possibility

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"The expected sugar production for the year was 330 lakh tonnes but there could be a dip, while the carry over stock in the country is 65 lakh tonnes. The demand nationwide is 275 lakh tonnes and 50 lakh tonnes will be diverted for ethanol production," he said. from Agriculture-Economy-News-Economic Times https://ift.tt/V3fbWP4