January 28, 2017

Agriculture Industry

Wheat acreage up 7.87%; rains boosting crop prospectsedit

The Times of India

Wheat sowing has neared the final stages and the acreage under the main rabi crop has gone up by 7.87 per cent to 315.55 lakh hectare with rains in some states boosting crop prospects. Barring rice and coarse cereals, other crops were covered in wider area in the ongoing rabi season of 2016-17 crop year (July-June). Sowing of rabi (winter) crops begins from October and harvesting from April.

Govt’s mobile apps for farmers hit an infrastructure firewalledit

Business Standard

Government-promoted apps also face stiff competition from other agriculture-related mobile apps that provide faster updates for farmers, especially for services like crop price information and weather updates.

Farm insurance, credit access schemes expected in Budget 2017: Kakra of PwCedit

Business Standard

The Budget can look at strengthening the distribution network of agri-inputs to ensure availability at the time of sowing or beginning of the season. The rabi sowing has been more or less normal while the offtake of fertiliser has also not been dampened due to cash crunch at the time of demonetisation.

Drought and demonetisation impact rural economyedit

The Hindu

Drought and demonetisation of Rs. 1,000 and Rs. 500 currency notes appear to have cast a spell on rural credit in Tamil Nadu. Fewer farmers have taken short-term crop loans through primary agricultural cooperative societies (PACSS) during the current financial year. As on December 31, 2016, the number of farmers who availed themselves of loans was around 5.44 lakh, about 3.25 lakh lower than the previous year on the corresponding day.

Government data shows note ban hasn’t hit sowingedit

Nagaland Post

With 4-5 days still to go for sowing operation of rabi crops, the country is looking at the prospect of having the highest acreage of winter crops in the past five years. Adding to the good news, rains in some parts of the country in the past couple of days could also mean a better yield situation as well.

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