June 21, 2017

Agriculture Industry

Synthetic Intelligence Could Hold Crops Secure From Illnesses and Pests – The Merkleedit

Tech2

It’s fairly fascinating to see how completely different tasks use synthetic intelligence to enhance our society. Within the case of Monsanto, the explanation for doing so is pretty easy. Crops will be decreased to nothing as a consequence of illnesses and pests. Up till this level, there isn’t a viable resolution to efficiently counter this drawback in a handy method. That is the place AI comes into the image.

Banks : Offers protection in adverse conditions – A deeper study into Pradhan Mantri Fasal Bima Yojana – Agriculture Insurance scheme – Kotakedit

Equity Bulls

Offers protection in adverse conditions. Our initial study of Pradhan Mantri Fasal Bima Yojana (PMFBY) shows it offers hope to banks lending to agriculture in adverse conditions.

66% hike in allocation for Agriculture sectoredit

The Times of India

The Congress government in Punjab has hiked the allocation for the agriculture sector by a good 66% to Rs 10,580.99 crore in 2017-18 from Rs 6,383.01 crore in 2016-17.

PPVFR Act dispensing with NOCs: Agriculture ministry rendered hollow the plant trait patents of companies like Monsantoedit

India Finance News The Financial Express Shafaqna WN

Mehta said the PPVFR Act only required a declaration from the applicant seeking registration of a plant variety or hybrid that they had “lawfully acquired” the genetic material or parental material for breeding, evolving or developing it.

Farm loan waivers squeeze future loan payments: SBIedit

The Times of India

State Bank of India has said that the past farm loan waiver had resulted in worsening of repayments on future loans.

Farmers facing harassment from microfinance firms, says MP Raju Shettiedit

The Hindu Business Line

Micro-finance companies are harassing borrowers, especially women, in rural Maharashtra, according to farmer leader and Lok Sabha member Raju Shetti.

Farmers may See Scarcity of Agri Inputs amid GST Rolloutedit

The Economic Times

Agricultural inputs are going to be dearer to access for Indian farmers in the kharif season despite the prediction of a good monsoon as dealers delay placing orders with the fertilizer and pesticide manufacturers waiting for clarity over the impact of goods and services tax (GST). Dealers fear the notification of the Union government that allows only up to 60% of refund on input credit for dealers for an initial period.

Farmers to burn government resolution on loan waiver todayedit

The Times of India

The farmers’ steering committee has decided to burn copies of the June 14 government resolution on Wednesday, in protest against the government’s alleged failure to keep its promise on farm loan waiver.

Fraud committed against farmers, says SAD on Punjab budgetedit

Business Standard

The opposition Shiromani Akali Dal today termed the maiden budget of the Congress government as a “massive fraud against farmers”, with the AAP accusing the ruling party of having backed out of its promise of total waiver of agricultural debts.

Govt hikes paddy MSP by Rs 80 a quintaledit

Business Standard The Financial Express First Post

According to the letter, cotton MSP has been raised by Rs 160 per quintal to Rs 4,020 per quintal for medium staple cotton and Rs 4,320 per quintal for long staple cotton. The MSP of soyabean, a major crop in Madhya Pradesh, has been raised by Rs 275 per quintal to Rs 3,050 per quintal.

Income Tax dept issues notices to ‘farmers’ claiming suspect agricultural incomeedit

Money Control

Agriculture income in the country is exempt from tax, and so the I-T feels that income is being misreported to evade tax.

NDA has disappointed people on agriculture front as well: Mani Shankar Aiyaredit

The Indian Express

Senior Congress leader Mani Shankar Aiyar on Tuesday alleged that the NDA government, after having promised to double farmers’ income, has disappointed people on agriculture front as well.

News in Numbers: Punjab farm loan waiver to benefit 10.25 lakh farmersedit

Live mint

The number of farmers in Punjab who would benefit from the loan waiver announced by chief minister Amarinder Singh on Monday.

Punjab budget focuses on agriculture, employment, real estateedit

India Today The Hindu

Promising to restore fiscal health despite financial constraints, the Congress government in Punjab today unveiled its maiden budget for 2017-18 with key focus on agriculture, employment generation, education and real estate. It also showed reliance on the upcoming Goods and Service Tax (GST) to rev up resources to cover the “ballooning” mismatch between income and expenditure.

Single licensing policy in agriculture marketsedit

The Hindu

The State government has decided to implement single licensing policy in the agriculture markets spread across Telangana.

Study on fertiliser DBT points to security issues, need to train retailersedit

The Hindu Business Line

An assessment of direct benefit transfer (DBT) in fertiliser carried out in six districts found that most farmers gave a thumbs-up to the scheme, but highlighted that some retailers had maintained details of Aadhaar numbers in their registers, which could lead to privacy issues.

Waiver contagionedit

Live mint

Keeping the Congress’s electoral promise, Punjab’s Amarinder Singh government has declared that it will waive off loans up to Rs2 lakh for small and marginal farmers. Following on the heels of the Uttar Pradesh and Maharashtra governments, this will inevitably boost the demand for loan waivers in other states.

The Century’s Worst Drought Is A Wake-up Call For Keralaedit

HuffingtonPost

Pre-monsoon showers are already on and the monsoon is expected to hit Kerala two days ahead of schedule this time.

Good rains signal season of plenty for farm sectoredit

The Economic Times

The India Meteorological Department (IMD) shares the assessment. “El Nino’s impact on the south-west monsoon will be on the decline. We had changed our El Nino forecast in April itself.

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