Agriculture Industry
Rajasthan ahead in doubling farmers’ income: Singhedit
Union Agriculture Minister, Radha Mohan Singh said Rajasthan with its fast-paced policy decisions over the last 2 years is likely to succeed in doubling the farmers income by 2022. The Agriculture Minister said Niti Aayog has given Rajasthan the third place in terms of indices of agriculture marketing and farmers oriented development for the year 2016. The agriculture processing and Agriculture Marketing Policy 2015 of the state ensures value addition to agricultural products.
Doubling farmers incomeedit
A lot of attention is being paid to the agricultural sector since the new government has been formed at the centre. Prime Minister Narendra Modi has started many programmes for the welfare of farm and farming community. One such of his measure aims at doubling the income of farmers by the year 2022. Remembering that the year 2022 will be the year when the country will complete 75 years of independence. Prime Minister has clearly set the time limit and he referred to a doubling of farmer income of the agricultural year 2015-16 by the agricultural year 2022-23.
Technology to soon play big role in agriculture: Modiedit
Prime Minister Narendra Modi on Sunday said technology will very soon play an important role in developing agricultural pattern in the country. He was addressing the inaugural session of an international conference on sugarcane value chain in Pune.
Farmers can’t cash in on bumper kharif cropedit
Though the Modi government’s decision to demonetize high denomination currencies have been lauded as a decisive step towards tackling black money, it has come at a wrong time for the farmers. Since it’s time for selling their kharif crop, the Union government move has left farmers high and dry as many agri markets are not fully functional after the announcement came due to cash crunch.
Agriculture mandi comes to halt due to liquidity crisisedit
Trade in mandis or Agriculture Produce Market Committees (APMC) in many parts of the country has come to a standstill because of spiralling effects of demonetisation move. Farmers, who’re used to accepting money only in the form of cash, resist money in any other form and traders don’t have cash with them to buy farm products. It is only in those mandis that are computerised and where payment is made electronically, is trade going on smoothly.
Farmers run out of cash in middle of sowing seasonedit
Prem covers his face as he sets the line of paddy stubble on fire. While half the field is ready for sowing, it is his turn to get the other half ready. His brother has travelled from their Hansi village to Hissar to stand in queue at the Corporation Bank to withdraw money. The brothers do not have enough to sow their next crop of wheat.
Cash crunch slows down wheat sowing, fuels farmers’ worriesedit
With cash flow coming down to a trickle due to the ban on Rs 500 and Rs 1,000 currency notes, Punjab farmers are finding it difficult to sow wheat, and their worries are piling up with every passing day. They have no money in hand to meet input costs such as seeds, fertilisers, diesel, and experts say delay of every single day will affect the harvest.
12 countries to take part in CII Agro Techedit
As many as 12 countries will participate in biennial agro-technology and business fair, CII Agro Tech 2016, starting from November 19. The 12th edition of CII Agro Tech 2016 to be inaugurated by President Pranab Mukherjee along with Israel President Reuven Rivlin as the Guest of Honour on November 20 will showcase latest advancements in the farming technology for both businesses and visiting farmers, said a CII release.
Technology in Agriculture
Tractors rev up as auto segment wobbles at Mahindra and Mahindraedit
Mahindra and Mahindra Ltd’s (M&M’s) September quarter performance matched investor expectations on the back of robust farm equipment sales that surpassed the industry average. A good monsoon and pent-up demand fuelled farm equipment sales that nearly doubled from a year back. Consequently, operating leverage led to a 180 basis points margin expansion to 17.7%, in spite of lower money realized on sales.