Media Monitor
Agriculture Industry
Opinion: Adopting AI in agricultureedit
It is one of the marvels of human innovation but artificial intelligence (AI) offers a tough competition to us. The days of speculating rain and sunshine may soon fade with artificial intelligence’s capability to predict right conditions with precision to an extent. It comprises one of the basic aspects of precision agriculture (PA) promoted even by the government to boost productivity and in turn, farmers’ income.
Agriculture, rural development to be focus areas: CMedit
Chief Minister Raghubar Das on Tuesday said agriculture and rural development will be focus areas for the Government in the year 2019. He said the New Year will witness the emergence of a new Jharkhand. He shared
Trends in agriculture in 2019edit
The fluctuating prices for key crops such as tomato, potato and onion (TOP) has resulted in the government announcing ₹500 crores for initiating Operation Green. It aims to stabilise the demand- supply situation for these crops and promote initiatives to control disparity. The situation requires fundamental changes beginning from crop variety selection (table variety v/s processing varieties), procurement mechanism, post-harvest handling and storage, processing of produce, market development, logistics services and distribution However, it remains to be seen how it will impact an average farmer. Take the example of tomato, India produces around 19 million tonnes of tomato every year. Leading producing states like Andhra Pradesh and Madhya Pradesh which contribute to around 30% of the total production ...
Government to provide Rs 600 crore subsidy sops to merchant exportersedit
The government Wednesday decided to provide 3 % interest subsidy to merchant exporters to enhance flow of funds for them with a view to boosting outbound shipments.
India’s retaliatory tariffs to hit US exports worth USD 900 mn: Congressional reportedit
India’s proposed retaliatory tariffs against US agricultural products including apples, almonds and lentils will have an adverse impact on American exports worth nearly USD 900 million, according to the latest Congressional report. India last year announced higher import duties on many US products like apples, almonds, walnuts, chickpeas and lentils in retaliation to President Donald Trump’s decision to impose heavy tariffs on imported steel and aluminium items, a move that sparked fears of a global trade war.
Government working on real-time pricing, demand forecast for select crops: reportedit
In order to make an accurate assessment of commodity pricing and demand’s movement, the government is working on a proposal to develop forecasts for select goods from the next kharif season, Business Standard reported, citing sources.
Agri ministry’s focus on farmers’ welfare & increasing agri employmentedit
Increasing employment in the agriculture sector and enhancing the incomes of farmers are the important factors in the implementation of the agricultural policy of the incumbent government, whose primary goal is farmers’ welfare.
Panic grips farmers after crop damageedit
Farmers in the district are a worried lot after reports of a pest attack on wheat crop at Kheri Mallan village. At Kheri Malan village, a farmer had lost his crop on 15 acres to the pest attacked. The farmer has blamed the state government for the loss of his crop as he had sown wheat through a happy seeder as a measure to stop stubble burning.
Farm loan defaults rise as banks brace for big write-offsedit
Delinquency in agriculture loans is already on the rise, even as banks brace for big write-offs following the string of farm loan waivers recently announced by several state governments. In the six months to 30 September, Indian banks saw bad loans rise to 8.4% of their agriculture book, a rise from 7% as of March 2018, according to data from Reserve Bank of India (RBI). The bad loan ratio has climbed every year since 2011-12, as shown in the adjoining chart.
Resolving the winter ordealedit
Though a report by System of Air Quality and Weather Forecasting (SAFAR), under the aegis of the Ministry of Earth Sciences, shows that vehicles and industries contribute the most to the pollution in National Capital Region (NCR), pollution arising from farmers burning crop residue in the regions adjoining NCR has taken the centre stage recently.
Budget
Banks fail to meet priority sector lending targets overall: RBI dataedit
The banking sector failed to meet the priority-sector lending (PSL) targets overall, revealed data released by the Reserve Bank of India (RBI). The banks also failed to meet targets of specific sectors such as agriculture and micro, small and medium enterprises (MSMEs).