April 12, 2017

Agriculture Industry

Digitisation changing the face of agri sectoredit

ET Markets

Traditionally, agri warehousing industry was looked upon as an asset-heavy model which gave importance to creation of the warehousing space alone without any emphasis to efficient handling, scientific processes and management of the same. Lately, we see a shift in focus with increasing importance being attributed to systems and processes which are making agri logistics purely a services-driven sector.

Dip in groundwater level hits crops in 1.5L acresedit

The Hans India

At least 1.5 lakh acres of standing crop has been damaged due to prevailing heat conditions. Officials blame fall in groundwater levels and drying up of wells sooner than expected as the main reason for the drought-like conditions.

Solution in sight as Union Agriculture minister calls meetingedit

The New Indian Express

To find a solution to the problems of chilli farmers in the State, Union Minister of Agriculture Radha Mohan Singh has called a meeting of agriculture and other officials concerned from both state and Centre on Thursday. Singh took the decision after meeting AP Agriculture Minister Somireddy Chandramohan Reddy and Marketing minister C Adinarayana Reddy in the chambers of Union Minister of Urban Development M Venkaiah Naidu in Delhi on Tuesday.

No plan to waive farm loans, says central governmentedit

Hindustan Times

The Centre on Tuesday ruled out any waiver of farm loan amid growing demand for such move after Uttar Pradesh government announced a package of Rs 36,000 crore to ease the pain of distressed farmers whose crops failed.

Government releases Rs 4,000 crore for farm loan waiveredit

The Times of India

The Telangana government on Tuesday issued a GO releasing Rs 4,000 crore for farm loan waiver. The government had promised to waive a total of Rs 17,000 crore farm loans, which would benefit 36 lakh farmers. The release of Rs 4,000 crore by the finance department, is the last instalment. The agriculture department was issued the budget under the expenditure scheme for the budget year 2017-18.

Rs 7.57 lakh crore farm credit disbursed in April-December of FY16edit

Zee Business

Farm credit worth Rs 7.57 lakh crore was disbursed by banks during the first nine months (Apr-Dec) of the 2016-17 fiscal which is likely to surpass the target, Parliament was informed today. The agri-credit target for 2016-17 fiscal is Rs 9 lakh crore, while for the current year it is Rs 10 lakh crore.

A Smart Village Rises in Bengal Through Agricultural Entrepreneurshipedit

The Wire

Socially just entrepreneurship where agriculture can be a money earner instead of a losing proposition has been a lifelong dream of Basudeb Sarkar. His dream finally materialised after he set up a Health, Education and Employment (HEE) center at Itahar administrative block in Uttar Dinajpur district of West Bengal with the help of FAIDA (Food and Agriculture Integrated Development Action) and its founders.

Post note ban, Nabard sanctions Rs 20k cr more to cooperative banks, societiesedit

Financial Express

Post demonetisation, agricultural lender Nabard has sanctioned an additional amount of Rs 20,000 crore to cooperative banks and societies, to provide farmers with better access to loans. Out of this additional sanction, an amount of Rs 17,774 crore has been disbursed to cooperative banks. This ensured availability of credit at concessional rate during the 2016-17 Rabi Season, Harsh Bhanwala, chairman, National Bank for Agriculture and Rural Development (Nabard) said on Tuesday.

Technology in Agriculture

Mahindra launches new age small tractor in Nashikedit

WebIndia123

Mahindra & Mahindra (M&M) Ltd’s farm equipment sector, a part of the USD 17.8 billion Mahindra Group, today announced the launch of a new age, superior technologysmall tractor in the sub-25HP category, here today. The tractor, ‘Mahindra Jivo’, is sutable for row crop and horticulture farming. The tractor is available in the 4-wheel drive version with engine power of 24HP and power take-off of 22HP.

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