February 10, 2017

Agriculture Industry

India’s Wheat import highest in decade, rises above five million tonneedit

Skymet 

India is the third largest producer of wheat across the globe after the European Union and China. Despite the fact, since mid-2016, the country has purchased more than five million tonnes of wheat. This is considered to be nation’s largest annual purchase in a decade. Thereafter, to meet the supply shortages of two years due to lower production, the country began an import campaign.

 

Union Minister of Agriculture & Farmers Welfare delivers the 55th convocation address of IARI Students trained in agriculture to come to forefront for bringing Second Green Revolution,: Shri Radha Mohan Singhedit

Business Standard

The Union Minster of Agriculture and Farmers Welfare, Sri Radha Mohan Singh has said that for bringing the second Green Revolution in the country, students trained in agriculture will have to come to forefront and devote their knowledge and skills to agriculture and farmers welfare. Shri Radha Mohan Singh stated this on the occasion of 55th Convocation of ICAR-Indian Agricultural Research Institute in New Delhi, today.

India’s agriculture exports plunge 6%edit

The Times of India

India’s agriculture exports declined by almost 6 per cent from $10.81 billion during April to November 2015-16 to $ 10.20 billion for the same period this fiscal, according to the Agricultural and Processed Food Products Export Development Authority data. Experts cited demonetisation, along with high Indian export prices and government’s removal of export incentives, as some of the major causes for the dip.

Commercialisation of agricultureedit

State Times

Indian agriculture is still characterised by the subsistence farming where the income of the farmer is just sufficient to meet the requirements of their family. This is mainly because of the small size of their farms. It is here pertinent to mention that more than ninety per cent of the farmers in the country are marginal and small with land holding size less than 2 hectares. Such small land holdings are also fragmented and thus become an obstacle in farm mechanisation and improvement efforts and hence require more labour, time efforts and money.

Agriculture College to focus on rainfed cropsedit

The Hindu

The Agriculture College and Research Institute at Kudumiyanmalai will focus on research programmes on rainfed crops and jack fruit cultivation with a view to utilise the potential of the district. The district accounts for a large rain-fed area and is suited for millets and pulses. The college would take up research projects in these areas. The horticulture wing of the college will focus on jack fruit suited for the red soil in the belt, Senguttuvan, Dean of the Institute told ‘The Hindu’ on Thursday.It is only in Palur near Cuddalore that research on jack fruit is being conducted, he said. Research on quality vegetables particularly brinjal would be taken up in course of time. “The brinjal variety ...

Three million drones estimated to be shipped in 2017: Reportedit

The Economic Times

Agriculture was considered to be the first big commercial drone market, but pricing and economic dynamics around tighter yields and returns on investment mean that the commercial agricultural drone market is not growing at the pace of other commercial drone markets. Gartner predicts that through 2020, the high cost sensitivity of the agriculture market will limit drone adoption to 7 percent of commercial market growth.

Budget

Budget lays thrust on rural Indiaedit

The Hans India

Notwithstanding the Opposition’s concern over the presentation of the Union Budget before ensuing elections to five States, the fact is it is mature and pro-growth and is geared towards development of the rural and agricultural sector.

Technology in Agriculture

M&M to leverage start-ups to expand tractor, small commercial vehicles bizedit

The Hindu Business Line

Mahindra & Mahindra, the $18-billion farm-to-financial services conglomerate, is leveraging start-ups to test the waters in new markets and expand its business. Two young start-ups — Smartshift and Trringo — within the group are at the heart of this strategy. Trringo is an online platform for tractor rentals while Smartshift is a load exchange platform that connects small commercial vehicle owners with people looking to transport their goods within the city.

Escorts Profit Jumps 11.2 Per Cent In Q3edit

Business World

Farm and construction equipment manufacturer Escorts Limited on Thursday (February 9) reported a profit of Rs 22.7 crore in the quarter ending December 31, 2016, up by 11.2 per cent as against a profit of Rs 20.4 crore in the corresponding quarter previous fiscal. It also reported a jump of 22.6 per cent in turnover at Rs 1,093 crore for the third quarter. “The profit reported is after one time loss from discontinued operations in respect of its Auto Products business of Rs 30.8 cr,” Escorts said in a statement.

Browse by Month
Browse by Month