Agriculture Industry
E-NAM: How online route offers more freedom to farmersedit
The electronic -national agricultural market (e-NAM), which was launched with huge fanfare, has raised expectations about giving farmers better rates and linking Agriculture Produce Market Committees (APMCs) across the country. Alongside, another player that has been on operation for around five years, NCDEX e-Markets, has silently been making waves. Maharashtra has been working with the World Bank to automate some of its APMCs.
Tractor, construction equipment seeing upsurgeedit
Rural prosperity is bound to increase because of the bountiful monsoon. With the likelihood of a good harvest, one can expect rural demand to pick up significantly. Several new models have been launched. If we put all of these together, the prospect for the passenger car segment seems upbeat. The other segment that is doing really well is the tractor segment. After two years of downturn, tractors seem to have recovered and there is a significant upsurge. Similarly, the construction equipment segment has been on the upswing as a result of the real action on the ground on the infrastructure front. Infra-related projects are moving apace now. Even in the CV segment, a good chunk of the ...
Distressed farmers selling their livestock at throwaway pricesedit
Due to fodder shortage, farmers in many villages, especially Kellahalli of Mysuru taluk, have started selling oxen and cows at throwaway prices. If they had bo ught one for Rs 50,000, they’re now selling it for Rs 20,000 or even less. This came to light during the central team’s visit to drought-affected villages in Mysuru district on Friday.
Global Rajasthan Agritech Meet 2016 to expose farmers to latest farm technologiesedit
The three-day Global Rajasthan Agritech Meet (GRAM) 2016 gets under way in Jaipur on November 9, 2016. GRAM 2016 will expose the farming communities to the technological advancements and global best practices and showcase investment opportunities in the state to agri-business communities across the world. ‘GRAM’ is jointly organized by the Government of Rajasthan and Federation of Indian Chambers of Commerce and Industry (FICCI). Israel is the partner country for the event. The mega event is expected to witness the participation of around 50,000 farmers.