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agricultural sector

Agri bodies urge FM Sitharaman to boost research, rationalise subsidies

Pre-budget meeting: Finance Minister meet agricultural bodies to discuss policy and budget recommendations

Agri bodies urge FM Sitharaman to boost research, rationalise subsidies
Updated On : 21 Jun 2024 | 6:07 PM IST

Unintended consequence

Shift in paddy sowing is not helping

Unintended consequence
Updated On : 05 Jun 2024 | 10:19 PM IST

Coromandel increases stake in drone company Dhaksha; to invest Rs 150 crore

Coromandel will invest Rs 150 crore through a fresh issue of shares to increase its overall shareholding in Dhaksha to 58 per cent. Dhaksha, incorporated in 2019 and headquartered in Chennai

Coromandel increases stake in drone company Dhaksha; to invest Rs 150 crore
Updated On : 13 May 2024 | 7:39 PM IST

EU aims to increase agri-food exports to China despite trade tensions

Unlike sectors such as solar panels or new energy vehicles (NEVs) the European Union's agri-food sector runs an export surplus in its trade with China

EU aims to increase agri-food exports to China despite trade tensions
Updated On : 22 Apr 2024 | 12:10 PM IST

We expect price moderation if geopolitical tensions ease: Arun Alagappan

As we enter the rabi season, a good monsoon is expected, leading to robust sowing and increased fertiliser use. Overall, the year should be positive, with early June rains forecasted

We expect price moderation if geopolitical tensions ease: Arun Alagappan
Updated On : 03 Mar 2024 | 8:02 PM IST

Agri credit crosses Rs 20 trn till Jan in FY24, sharp jump from 2013-14

The Modi government has enhanced the institutional credit into the agriculture sector sharply in the last 10 years, with banks disbursing Rs 20.39 lakh crores during the April-January period of this fiscal as against Rs 7.3 lakh crore in the entire 2013-14, according to a senior official. In the Budget for 2023-24 fiscal, the government set an agriculture credit target at Rs 20 lakh crore. Banks have already breached the target and the number could cross Rs 22 lakh crore this fiscal. To ensure the availability of agriculture credit at a reduced interest rate of 7 per cent per annum to the farmers, the Union Agriculture Ministry implements an interest subvention scheme for short-term crop loans up to Rs 3 lakh. The scheme provides interest subvention of 2 per cent per annum to banks on the use of their resources. Moreover, an additional 3 per cent incentive is given to the farmers for prompt repayment of the loan, thereby reducing the effective rate of interest to 4 per ...

Agri credit crosses Rs 20 trn till Jan in FY24, sharp jump from 2013-14
Updated On : 22 Feb 2024 | 2:41 PM IST

Uttar Pradesh Budget eyes 5% growth in agricultural sector in FY25

The Uttar Pradesh government's annual budget for the next financial year has set a target of 5.1 per cent growth rate for the agriculture sector in the state. A provision of Rs 460 crore has been made for three new agriculture-related schemes in the budget. Finance Minister Suresh Kumar Khanna, while presenting the budget in the state assembly on Monday, said that the target is to achieve the growth rate of 5.1 per cent for the agriculture sector. He announced three schemes to push the agriculture sector. One of the scheme, State Agricultural Development Scheme, will have a provision of Rs 200 crore. Another Rs 200 crore has been allocated for the World Bank-assisted UP Agris Scheme. The third scheme for the installation of automatic weather station-automatic rain gauge in blocks and panchayats has been allocated Rs 60 crore, the state finance minister said. He further said that the Chief Minister Khet Suraksha yojna (Farm Security Scheme) is also being started with a provision

Uttar Pradesh Budget eyes 5% growth in agricultural sector in FY25
Updated On : 05 Feb 2024 | 1:27 PM IST

31 states, UTs adopted Primary Agricultural Credit Societies' model bylaws

Cooperation Minister Amit Shah on Wednesday said 31 states and Union Territories have adopted the model bylaws that aim to bring professionalism, transparency and accountability in the operation of Primary Agricultural Credit Societies (PACS). After incorporating the suggestions received, the model bylaws were circulated to all states/ UTs on January 5, 2023 for their adoption by PACS, he said. "Model bylaws have been adopted by 31 states/UTs," Shah said in a written reply to the Rajya Sabha. By adopting the model bylaws, PACS would be able to serve as multi-service centres, improve their operational efficiency, transparency and accountability and provide agricultural credit and various non-credit services in rural areas, he said. Further, this will help farmers in getting short-term, medium-term and long-term credit and other services such as fertilizers, seeds, pesticides, storage facilities, banking services, at one stop for meeting their varied needs. Farmers will also be able

31 states, UTs adopted Primary Agricultural Credit Societies' model bylaws
Updated On : 06 Dec 2023 | 4:26 PM IST

'NCEL can export 1,492,000 tonnes non-basmati rice, 50,000 tonnes sugar'

The newly set up cooperative export body NCEL has got permission to export 14,92,800 tonnes of non-Basmati rice to 16 countries and 50,000 tonnes of sugar to two countries, Cooperation Minister Amit Shah said on Wednesday in the Rajya Sabha. The National Cooperative Exports Ltd (NCEL) was registered in January this year under the Multi-State Co-operative Societies Act, 2002. It covers agriculture and allied activities as well as handloom and handicraft items by enrolling a large number of co-operatives under its fold with a target to double its revenue by 2025 from the current level of about Rs 2,160 crore. Shah, in a written reply to the Rajya Sabha, said NCEL has so far received 2,581 applications for membership under different classes from 22 states and Union Territories. "NCEL has so far got permission for exports of 14,92,800 tonne non-Basmati white rice to 16 countries and 50,000 tonne sugar to two countries," Shah said. NCEL will provide a complete ecosystem for promotion o

'NCEL can export 1,492,000 tonnes non-basmati rice, 50,000 tonnes sugar'
Updated On : 06 Dec 2023 | 4:02 PM IST

No new issue agri issue in WTO till solution on public stockholding: India

India has told a WTO grouping with a major interest in farm trade that it will not discuss any new issue in the agriculture segment like imposition of export restrictions before a permanent solution is found with regard to public stockholding of food grains, an official said. This position was cleared during a mini-ministerial virtual meeting of about 28 WTO (World Trade Organisation) member countries on agriculture issues on November 28. In the meeting, Commerce and Industry Minister Piyush Goyal put forward New Delhi's approach to the issue saying that public procurement and stockholding of food grains serve the twin objectives of food security and income support to marginal farmers. The 19-member Cairns group, which includes agri-exporting nations, lobbies for agricultural trade liberalisation. It was formed in 1986 in Cairns, Australia. Its members include Argentina, Australia, Brazil, Canada, Chile, Colombia, Costa Rica, Guatemala, Indonesia, Malaysia, New Zealand, Pakistan, ..

No new issue agri issue in WTO till solution on public stockholding: India
Updated On : 29 Nov 2023 | 8:30 PM IST

Farm fires incidents fall over last year, unusual weather plays spoiler

According to the data collated by Climate Trends, in Punjab, during October 1 - November 5, the total farm fire incidents recorded stand at 14,255, which is a 47.8 per cent decrease

Farm fires incidents fall over last year, unusual weather plays spoiler
Updated On : 07 Nov 2023 | 10:53 PM IST
Updated On : 03 Nov 2023 | 11:07 PM IST

Stubble burning cases top total of the last two years, shows data

The retreat of the southwest monsoon from northern India and an early harvest have contributed to the rise in instances of stubble burning in the six states

Stubble burning cases top total of the last two years, shows data
Updated On : 03 Oct 2023 | 11:43 PM IST

Era of agri research has come to an end: IARI chief on Swaminathan's death

An era of agricultural research, education and extension marked by disruptive innovations has come to an end with the death of MS Swaminathan, Indian Agricultural Research Institute (IARI) Director A K Singh said on Thursday. Renowned agricultural scientist Swaminathan (98), also known as the father of Green Revolution in India, died on Thursday in Chennai due to age-related illness. He is survived by three daughters. "In passing away of Prof. Swaminathan, ends an era of agricultural research, education and extension that was full of disruptive innovation. If God appears to poor and hungry in form of bread as said by Mahatma Gandhi, that God is Dr. Swaminathan who should be worshipped by every citizen while taking daily meals," Singh said in a statement. The celebrated agriculture icon was being treated for age-related illness for quite some time, M S Swaminathan Research Foundation sources said.

 Era of agri research has come to an end: IARI chief on Swaminathan's death
Updated On : 28 Sep 2023 | 1:55 PM IST

India's first Agricultural Data Exchange (ADeX) launched in Hyderabad

The Telangana government also launched the Agriculture Data Management Framework (ADMF) - a framework for facilitating consent-based responsible data sharing

India's first Agricultural Data Exchange (ADeX) launched in Hyderabad
Updated On : 11 Aug 2023 | 6:49 PM IST

Statsguru: India's agri output may outpace global growth over 10-yr period

The production of pulses in India is likely to rise by 45 per cent by 2032, compared to a 30 per cent global rise, suggested the OECD-FAO Agricultural Outlook 2023-2032

Statsguru: India's agri output may outpace global growth over 10-yr period
Updated On : 16 Jul 2023 | 9:57 PM IST

Little impact of rain, hail on rabi crops: Narendra Singh Tomar

Agriculture Minister Narendra Singh Tomar on Tuesday said preliminary reports suggest that there is not much impact on standing rabi crops like wheat due to the current untimely rains and hailstorm. The minister, however, said that the Centre is yet to receive ground reports from the state governments. Speaking with PTI on the sidelines of an event, Tomar said, "There is not much impact on rabi crops as per the preliminary assessment." The state governments are still assessing the damage to the standing rabi crops, he said. The state governments can use the State Disaster Relief Fund (SDRF) for providing immediate relief to farmers after conducting the crop survey. The central government can provide more funds from the National Disaster Relief Fund after the submission of a memorandum, he added. Wheat is the main rabi crop, harvesting of which is underway in some states. Mustard and chickpea are other major rabi crops. Many parts of the country received unseasonal rains, hail and

Little impact of rain, hail on rabi crops: Narendra Singh Tomar
Updated On : 22 Mar 2023 | 12:22 AM IST

India-Egypt MoU on cultural cooperation signed for five years: Govt

The pact on cultural cooperation signed between India and Egypt will entail a range of activities being hosted in both the countries, including in the fields of music, dance, theatre, library and research and documentation. For continued cultural cooperation, the Memorandum of Understanding (MoU) has been signed for a period of five years, the Union Culture Ministry said in a statement on Friday. The MoU was signed and exchanged on January 25 by Union Culture Minister G Kishan Reddy and Arab Republic of Egypt Foreign Minister Sameh Hassan Shoukry in the presence of Prime Minister Narendra Modi and Egypt's President Abdel Fattah el-Sisi, it said. "Both countries look forward to witness a host of cultural activities happening in due course in the realm of music, dance, theatre, literature, library, organising festivals in respective countries and research and documentation, etc," the statement said. The MoU was signed to strengthen the cultural ties with Egypt. Reddy had participat

India-Egypt MoU on cultural cooperation signed for five years: Govt
Updated On : 27 Jan 2023 | 10:32 PM IST

Retail inflation for rural workers eases to 6.6% in Dec on low food prices

Retail inflation for farm and rural workers sequentially eased to 6.38 per cent and 6.6 per cent, respectively, in December 2022, mainly due to lower prices of certain food items. "Point-to-point rate of inflation based on the CPI-AL (consumer price index for agricultural workers) and CPI-RL (rural workers) stood at 6.38 per cent & 6.60 per cent in December 2022 compared to 6.87 per cent & 6.99 per cent, respectively, in November 2022, and 4.78 per cent and 5.03 per cent, respectively, during the corresponding month (December 2021) of the previous year," a labour ministry statement said. Similarly, it stated that food inflation stood at 5.89 per cent and 5.76 per cent in December 2022 compared to 6.19 per cent and 6.05 per cent, respectively, in November 2022. It was 2.99 per cent and 3.17 per cent, respectively, during the corresponding month of the previous year. The all-India Consumer Price Index Number for Agricultural Labourers for December 2022 remained stationary at ...

Retail inflation for rural workers eases to 6.6% in Dec on low food prices
Updated On : 20 Jan 2023 | 8:25 PM IST

Farm loan waiver scheme to be back if Congess wins MP: Kamal Nath

Madhya Pradesh Congress unit has announced that it would reintroduce the farm loan waiver scheme, which was part of its manifesto in the 2018 Assembly polls, if voted to power in the 2023 elections

Farm loan waiver scheme to be back if Congess wins MP: Kamal Nath
Updated On : 18 Dec 2022 | 9:37 PM IST