Agriculture Industry
Bihar to witness record paddy, wheat production: Raiedit
Bihar Agriculture Minister Ram Vichar Rai today announced in the Assembly that the state is expected to witness a record production of paddy and wheat, despite slashing of funds by the Centre. The department has made significant achievements due to successful implementation of agriculture roadmaps – first, from 2008 to 2012, and then again from 2012 to 2017, he said.
Crop area doubles in Nirmal districtedit
Crop area during the current rabi season has more than doubled in Nirmal district thanks to last monsoon’s good rainfall. The rainy season, which saw about 5 % excess rainfall, filled up tanks and projects besides recharging the ground water across the district.
India seen importing 2-3mn tonnes of wheat in 2017/18:Chaturvediedit
India is likely to import about 2-3 million tonnes of wheat in the crop year starting in July, even as the country is set for a bumper domestic harvest, the head of conglomerate Adani Enterprises’ agribusiness division said on Monday. India is expected to produce about 95 million tonnes of wheat from the upcoming harvest, Adani Agribusiness chief Atul Chaturvedi told Reuters in an interview, up from last year’s 85 million tonnes estimated by traders.
The Decade Ahead Of Low Farm Prices: Are India And China Ready?edit
Despite rising population and affluence, food is likely to be abundant and relatively cheap until 2026, say the latest long-term projections by the US Department of Agriculture. On the flipside, farmers across the world will have to cope with low prices and may struggle to book profits, unless weather plays truant.
30% of area sown under rabi crops gets PM insurance coveredit
More than 19 million hectares have come under the ambitious Pradhan Mantri Fasal Bima Yojana (PMFBY) during the current rabi season, covering around 30 per cent of the total sown area of 64.5 million hectares. According to preliminary estimates by insurance companies and state agencies till Friday, the total sum insured for the winter crops has jumped almost 50 per cent to Rs 68,230 crore, compared to the earlier season.
Paving way to agricultureedit
Three educated youth has taken up community farming in two acres of land at Duppalapally village of Thipparthy mandal in the district, to exhibit the benefit of the cultivation method and to make it a master piece to encourage the Self Help Groups (SHG) women to take up farming method in their areas.
‘India needs to invest in agriculture for doubling farm income’edit
India needs to make significant investments in modernisation of agriculture as well as food processing if the country wants to double farmers’ income by 2022, German ambassador Martin Ney said today. The German companies could help India immensely in transforming the agri-business in the country, he said.
Agriculture: Here’s why farmers are in trouble despite high pulse procurementedit
Given the likely 22 million tonne production of pulses this year, up more than a third compared to last year, it is not surprising prices have crashed. In the case of tur, for instance, retail prices are down from R118 per kg in Delhi on October 1, 2016 to R89 on March 1. As a result of the surge in pulses inflation last year, rabi sowing increased by more than 11%. While it is not clear what will happen next year, if it goes the boom-bust way of many other crops, production will slow and prices will rise again. It was to try and stop this cycle, and to incentivise production that, last year, apart from ...
Germany wants greater collaboration with India in farm technologyedit
Germany has a lot to offer to India in terms of technology in agriculture and also skill creation, but “proper and predictable’’ policy interventions are required for transferring technology. “German companies have invested large amounts in India. In the last few years there have been a number of agreements in areas such as food safety standards, risk management and seed development. With a reliable regulatory framework there could be closer cooperation,” said Arnd Nenstiel, Chairman, German Agribusiness Alliance at a seminar on financing of agriculture on Monday.
Technology in Agriculture
TAFE Inspires Mumbai to Join its ‘Be a FarmDost’edit
The Initiative Drew Participation of Thousands of Citizens Who Pledged Their Support to the Farmers Celebrating one million #FarmDosts, Tractors and Farm Equipment (TAFE) extended its ‘Be a #FarmDost’ initiative to the city of Mumbai inviting citizens to join the journey of ‘Cultivating the World’ Aimed at bridging the gap between farmers and the urban population, thousands of citizens from all walks of life and all ages got a chance to live the farm experience – complete with farmers and tractors – where they enjoyed a unique augmented reality farm experience.
M&M to expand its overseas farm businessedit
Mahindra & Mahindra plans to expand its tractors and farm machinery business to international markets, with an objective to generate 50% of its revenues from the foreign markets in the coming years. The targeted markets to raise its farm exports might include North and South America, China, Japan and Turkey.