June 17, 2017

Agriculture Industry

Terrace farming: The secret weapon against waste management problemsedit

Housing.com

Preeti Patil, a catering officer with the Mumbai Port Trust (MBPT), had a unique solution to the large amount of waste that was generated in the MBPT kitchen – terrace farming. Patil, who later founded ‘Urban Leaves’, converted 3,000 sq ft of terrace space, into an urban garden.

Agri-commodity: Wheat, palm oil gain on firm demandedit

The Economic Times

Continuing its gaining streak for the third straight day, wheat prices rose further by 0.91 per cent to Rs 1,655 per quintal in futures trade today as speculators engaged in widening their positions, tracking a firm trend at spot market on pick up in demand.

Pune-based Earth Food makes residue-free vegetables available at market priceedit

Your Story

The toughest issue for Earth Food was getting the right people. Nilesh says there is shortage of good talent in agriculture, and hence took a long time to get a CEO and farm head.

As farmers’ unrest simmers, Centre increases support price of cropsedit

The Times of India

Amid unrest among farmers for multiple reasons in different states, the Centre has increased the minimum support price (MSP) of pulses, oilseeds and cotton for 2017-18 crop year and also convinced seed associations to curtail prices of hybrid seeds by 10%.

Govt releases Rs 700 crore to Nafed for buying pulses at MSPedit

Deccan Chronicle Money Control The Economic Times Free Press Journal The Indian Express

The Centre has released Rs 700 crore to cooperative Nafed to undertake procurement of rabi pulses and other agri-produce, grown in the 2016-17 crop year, at the support price and protect growers from falling prices.

Self-sufficiency in fertilisers or building castles in air?edit

Deccan Herald

Union Minister for Chemicals and Fertilisers Ananth Kumar has announced the government’s decision to revive five closed plants of Fertiliser Corporation of India (FCIL) and Hindustan Fertiliser Corporation Limited (HFCL).

Dow, DuPont merger wins US antitrust nod with conditionsedit

The Financial Express

Dupont And Dow Chemical have won US antitrust approval to merge on condition that the companies sell certain crop protection products and other assets, according to a court filing on Thursday.

Seeds of relief for farmersedit

The Telegraph

Global seed companies Monsanto, Bayer and Sygental are members of the FSII. More than 80 per cent of the seeds sown in the country are hybrids. The size of the hybrid market is about Rs 6,000 crore.

Monsanto, Bayer CropScience cut India investmentsedit

Hindi Business Standard

Global biotech companies are reducing research activities and investments in India following policy uncertainty over the use of genetically modified (GM) crops. The government last March lowered by 74 per cent royalty rates for BT Cotton and asked Monsanto, which developed the seed, to allow companies to use the Bollgard-2 variety. “The cotton seed price control order, fixing a trait fee for our Bollgard technology, and other issues have created significant uncertainty in the business environment. This has compelled Monsanto to withdraw introduction of new technologies

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