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ISMA pegs 9 pc fall in gross sugar output for 2023-24; says sufficient to meet local demand

In August, ISMA had estimated gross sugar production at 369 lakh tonnes, while the net sugar output was projected at 328 lakh tonnes after a diversion of 41 lakh tonnes for ethanol. "With India's domestic consumption average of 278.5 lac tons, the production estimates assure sufficient sugar for domestic consumption," ISMA said. from Agriculture-Economy-News-Economic Times https://ift.tt/K2VuNMm

India braces for 8% sugar output dip as cane crop suffers- trade body

India's sugar production is anticipated to decline by 8% to reach 33.7 million metric tons in the marketing year 2023/24, commencing on October 1. This projection, put forth by a prominent trade association, is attributed to the decreased rainfall in crucial sugar-producing states, which is expected to impact crop yields. from Agriculture-Economy-News-Economic Times https://ift.tt/B9tkJTf

Strategic collaboration: Arya.ag and Fortune Rice advance crop monitoring for agriculture

As part of this collaboration, Fortune Rice Limited will provide details of 2000 acres of farmland under monitoring. Arya.ag will provide comprehensive insights into crop health and growth patterns, empowering farmers, and agribusinesses with data-driven decision-making tools. from Agriculture-Economy-News-Economic Times https://ift.tt/AOZDeaK

Significant drop in number of farm fires in Punjab, Haryana this year: CAQM

Since September 15, there have been about 56 per cent fewer stubble-burning events in Punjab and 40 per cent fewer instances in Haryana than there were during the same period previous year. The total number of farm fires in Delhi, Punjab, Haryana, and the NCR regions of Rajasthan and Uttar Pradesh between September 15 and October 29 decreased to 6,391 in 2023 from 13,964 in 2022, according to the Center's Commission for Air Quality Management. from Agriculture-Economy-News-Economic Times https://ift.tt/ErlwLoq

Punjab farmers strike gold selling stubble bales

In Punjab, many farmers have found a profitable solution to the issue of stubble, a farming byproduct often burned and blamed for pollution. These farmers are now selling their stubble to biomass plants and boilers. from Agriculture-Economy-News-Economic Times https://ift.tt/GfZWshH

Onion prices soar in Delhi; traders blame it on supply shortage

The price of onions surged significantly on Saturday, nearly doubling from the previous rate, thereby placing additional strain on household budgets. The sudden and substantial increase in onion prices is being attributed by onion traders to a shortage in the supply of this essential kitchen staple. from Agriculture-Economy-News-Economic Times https://ift.tt/WE2Qns8

Onion prices soar by 57%; Centre increases buffer stock sales for consumer relief

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

Government increases bid quantity to 200 tonne under OMSS wheat to stabilise wheat, flour prices

Food Corporation of India, the government's nodal agency for procurement and distribution of foodgrains, is offloading wheat from its buffer stock under the OMSS. Consequently, the total quantity offered per e-auction across the country has also been increased from 2 lakh tonne to 3 lakh tonne, the statement said. from Agriculture-Economy-News-Economic Times https://ift.tt/ZldGU5Y

Pvt sector can provide advisory services, tech to support agricultural development: Ramesh Chand

"Private sector can play a critical role in precision farming In India. It can provide advisory services, agrochemicals, and suitable technology to support agricultural development," the NITI Aayog member said. from Agriculture-Economy-News-Economic Times https://ift.tt/htI0Wiz

Onion prices shoot up 60% in two weeks

According to senior trade sources, the sowing of kharif onions in the southern states of Karnataka and Andhra Pradesh was low as farmers incurred losses in the last two years. Below normal rainfall in these states has further reduced the onion production. The country will now get its next new harvest of kharif onions from Alwar in Rajastan. from Agriculture-Economy-News-Economic Times https://ift.tt/9Etr4m5

Rabi season fertiliser subsidy of Rs 22,000 crore gets nod

The Union cabinet has approved nutrient-based fertiliser subsidy rates for the rabi season 2023-24, with an outlay of ₹22,303 crore. This move aims to ensure that farmers can access soil nutrients at reasonable rates despite high global prices. The subsidy rates for nitrogen-based fertiliser, phosphorus, potash, and sulphur have been announced. These rates are lower than those during the kharif season due to the rationalisation of subsidies based on recent international price trends. The government aims to provide fertilisers to farmers at last year's rates. from Agriculture-Economy-News-Economic Times https://ift.tt/uRJ0bd6

Against the grain: The many pressures that are cooking up a rice crisis

Non-basmati white rice constitutes about 25 per cent of total rice exported from the country. India accounts for 40 per cent of global rice exports, but in the last few months, the country has prioritised domestic demand over global demands. from Agriculture-Economy-News-Economic Times https://ift.tt/0r4ueUK

Haryana giving special incentive to farmers to adopt crop diversification

In this direction, the state government took the initiative and started its ambitious Mera Pani-Meri Virasat Scheme, under which the key objective is to ensure water conservation while crop diversification. "This scheme is proving to be very effective, and considering its success, a target of saving 42,480 crore litres of water has been set for the year 2023-24," it said. from Agriculture-Economy-News-Economic Times https://ift.tt/l1P936w