Agriculture Industry
Scanty rainfall slows down rabi operationsedit
Andhra Pradesh received 82 per cent deficit rainfall during the North-East Monsoon (October to December) affecting the sowing of Rabi crop. The deficit in Rayalaseema during the NE Monsoon is higher compared to the rest of the State at 92 per cent.
Warmer winter likely; crops may be hitedit
Farmers in dire straits due to currency banedit
The government’s move to start replacement of high-value currencies has delivered a body blow to the farmers and farm labourers who rely on the Narela anaj mandi, wholesale market for crops in the outskirts of Delhi. The farmers who rely mainly on cash transactions are in acute distress and some even spoke of mortgaging whatever land they have.
State’s agri output down from 22% to just 9%edit
Uttarakhand’s agriculture sector, which contributed 22% in gross state domestic product (GSDP) in 2004-05, has nosedived to touch an abysmal 9% in one decade, a joint research carried out by industry body ASSOCHAM and RNCOS have said. According to the study — ‘Agri Business Outlook in Uttarakhand’ – that was released on Thursday, the primary reason for the decline in agricultural output is shrinking of land holdings in the state. “Low level of land holdings is a key challenge as over 70% of the state’s farmers hold less than one hectare of land,” the report said. ASSOCHAM officials said while this was a major issue being faced by the farm sector, it had indirectly impacted ...
Adequate storage space crucial to Kerala farm sector: Governoredit
The state’s transition from a producer state to a consumer state was the saddest development in recent years, Governor P Sathasivam said on Thursday. Underlining the need for adequate storage facilities for farm produce, he said farmers will pursue their profession only if it is profitable on a regular basis. The Governor was inaugurating VAIGA-2016 – short for Value Addition for Income Generation in Agriculture – a five-day workshop on agro-processing and value-addition organised by the Agriculture Department.
Uttarakhand needs to promote separate farming policy: Studyedit
Uttarakhand needs to promote a separate hill farming policy as the state has a meagre 14 per cent net sown area, more so as three-fifth of the state’s total working population is engaged in agriculture, a study has recommended. “The performance of Uttarakhand in agriculture and allied activities has not been up to the mark as its share in the gross state domestic product (GSDP) had declined sharply from over 22 per cent in 2004-05 to just over nine per cent in 2014-15,” the study conducted by ASSOCHAM jointly with research firm RNCOS said.
Maharashtra to route subsidies through direct benefit transfer for farmersedit
The state government has decided to route subsidies through direct benefit transfer to help farmers, facing a severe shortage of cash because of the demonetisation, procure fertilisers, farm equipment and seeds. For this, the government has introduced a simple form, which the farmer has to submit in bank stating the amount required and purpose. By showing the acknowledged receipt to dealers, farmers can procure fertilisers, seeds or farm equipment.
Technology in Agriculture
M&M Nov auto sales drop 22%, exports up 22%; tractors down 21%edit
Utility vehicles and tractors manufacturer Mahindra & Mahindra said it sold 32,499 units in November, lower by 22 percent compared with 41,590 units sold in year-ago period. Weak domestic performance due to currency demonetisation and post festive demand moderation impacted overall sales growth. Domestic sales declined 24 percent year-on-year to 29,814 units while exports increased 22 percent to 2,687 units in the month gone by.
Escorts Agri Machinery domestic sales marginally up in Novemberedit
Escorts Agri Machinery Segment (EAM) in November 2016 sold 4,806 tractors growth of 2.1 percent against 4,706 tractor in November 2015. Domestic tractor sales for the month of November 2016 at 4,698 tractor against 4,691 tractor in November 2015, thereby experiencing marginal growth of 0.1 percent.