Media Monitor
Agriculture Industry
Task force to be set up to regulate govt interventions in farm exportsedit
This is part of the on-going exercise of the Commerce Ministry to implement the Agriculture Export Policy approved by the Cabinet recently. The policy aims to double farm exports from $30 billion to $60 billion by 2022 and then reach $100 billion in the next few years. It also seeks to double farmers’ income by 2022.“We are getting ready with our list of deliverables. We are identifying the department and agency concerned for various items in the farm policy. We will be communicating to them the actionable points,” the official said.
PM Narendra Modi preparing agricultural reforms but not loan waiversedit
After the recent defeat in three major states, the BJP government has ramped up the efforts to please farmers in the coming days, and before the 2019 General Elections. The Prime Minister himself has held several rounds of consultations with agriculture ministry on this, and is overseeing ways to overhaul the existing farm welfare schemes, ET Now learns from sources.
NITI Aayog releases Strategy Document for New Indiaedit
It vouches for the transformation of the rural economy, creating a policy environment that enables income security for farmers and modernising agricultural technology for doubling farmers income. Later talking to media, NITI Ayog Vice Chairman Rajiv Kumar said, modernisation of the agriculture sector and creation of entrepreneurs are important to address the problems in the agricultural sector.
Elections 2019: India Shining 2.0 surfaces in Rural Indiaedit
When residents gather around the fire on foggy winter evenings in Rampura, a village in Uttar Pradesh’s Bareilly district, the conversation often veers toward the declining fortunes in agriculture. Take 27-year-old Pushpendra Singh, who completed his master’s degree in commerce in 2016, but was unable to find a decent job. Singh now toils on the family farm so that his younger brother can finish his studies and find a teaching job.
PSPCL plans to augment its installed power generation capacity by another 1,000 MWedit
Buoyed by the financial gains made by selling surplus power worth Rs 976 crore in the open market from April till October, the (PSPCL) has put in place a plan to further augment its power generation capacity by another 1,000 MW. It will conduct an 800 MW supercritical thermal power unit at the Ropar thermal power plant. It will also convert one of the 210 MW units at the Bathinda thermal power plant, which is shut down, into bio-mass unit to help farmers find a viable solution to stubble burning.
CLAAS Mentions
Global Combine Harvesters Market: Key Insights and Opportunities Expected to Grow Till 2026 | Market Key Players are AGCO Corporation, Claas KGaA GmbH, New Holland, Mahindra and Mahindra, Escorts Limited, etc.edit
Vendor operations are likely to face significant risks on the back of intense market competition and rapid technological transformations. Key competitors in the global combine harvesters market, as profiled by the report, include Caterpillar, Deere & Company, Tractors and Farm Equipment Limited, Kubota Corporation, AGCO Corporation, Claas KGaA GmbH, New Holland, Mahindra and Mahindra, Escorts Limited, Bobcat (a Doosan company), Case IH, KIOTI Tractor (subsidiary of Daedong Industrial Company, Ltd.), Yanmar America Corporation, JCB, and MASSEY FERGUSO.
Competition
John Deere Celebrates 20th Anniversary In India; Launches 3028EN Specialty 28HP Tractoredit
When John Deere entered the Indian market, it did so via a partnership with Larsen & Toubro. Just two years later in 2000, John Deere entered the market as a standalone company and inaugurated its plant at Pune. Ever since then, John Deere India has witnessed steady growth and is now among the top tractor manufacturers in the country.