Agriculture Industry
India Inc expects over 7% growth in next 12 months: Surveyedit
India Inc expects over seven per cent growth in the next 12 months on the back of a number of policy initiatives taken by the government, said a PwC-Ficci survey.
MSP intervention: A different surplusedit
During the 2016-17 and 2017-18 agricultural years (July-June), the Central agencies — National Agricultural Cooperative Marketing Federation of India (Nafed), Small Farmers’ Agribusiness Consortium (SFAC) and Food Corporation of India (FCI) — together procured 18.78 lakh tonnes (lt) and 44.96 lt of pulses, plus 2.16 lt and 19.99 lt of oilseeds, respectively. a
Farmers’ distress takes centrestage after Rahul’s campaignedit
Will millions of Indian farmers ever see their incomes double, free from the vicious cycle of debt, despair, distress and death? Or will they be a mere pawn for political parties ahead of polls as rural distress rears its ugly head?
Why is Loan Waiver to Farmers a Lollipop to the Agriculture Sector of India?edit
Madhya Pradesh, Chhattisgarh, and Rajasthan witnessed such waivers worth crores. This announcement comes at a time when about 1.8 lakh crores worth farmer waivers have already been announced by seven other Indian states.
GDP Growth: 7.2% Predicts CSO, 7.3% World Bankedit
India’s GDP is expected to grow at 7.3 per cent in the fiscal year 2018-19, and 7.5 per cent in the following two years, the World Bank has forecasted owing to the rise in consumption and investment.
Agricultural export policy: Suresh Prabhu asks states to set up nodal agency for implementationedit
Commerce and Industry Minister Suresh Prabhu Tuesday asked states to set up a nodal agency dedicated for the implementation of the agriculture export policy. Last month, the Cabinet approved the agriculture export policy with an aim to double farm shipments to USD 60 billion by 2022. Prabhu was speaking at the inauguration of the first national workshop on the policy.
Confront the harsh reality: The only way we can really help farmers is to take most of them out of farmingedit
Today, we give farmers 2.2 trillion rupees in subsidies on fertiliser, power, crop insurance, seeds, credit, irrigation and a myriad other items. We have a massive programme of procurement of grains at above market prices; we give highly subsidised food grains to 75% of rural population; and we offer guaranteed employment for 100 days to one adult in each rural household.
Lab to land: Addressing Indian agriculture’s weakest link — Extensionedit
Income from farming depends on many factors, which includes knowledge of improved agronomic practices and also information on agriculture-related government schemes. Agriculture extension is about dissemination of this critical gap-filling knowledge and information, which, in the 1970s and 1980s, was done by the so-called Training and Visit (T&V) workers. The T&V programme, however, went to seed in the early-1990s. The collapse of extension services subsequently led to creation of a district-level Agriculture Technology Management Agency or ATMA system. Its functioning has been far from satisfactory. The work of state agriculture department staff is today largely reduced to input distribution and dishing out small subsidy sums under a plethora of fragmented schemes to farmers, as opposed to ...