Media Monitor
Agriculture Industry
VP seeks government intervention for changes in agri sectoredit
Vice President M. Venkaiah Naidu on Sunday called for Central and state governments’ intervention through policy decisions for structural changes in agriculture, and called upon youth to pay “renewed attention” to this sector.
Samunnati in talks with PE firms to raise up to $70 millionedit
Samunnati Financial Intermediation and Services Pvt. Ltd, a non-banking financial company (NBFC) specializing in loans to farmers and entities engaged in agriculture, is in talks with global private equity firms General Atlantic (GA) and Warburg Pincus to raise around $50-70 million, two people aware of the development said.
Agri-mall for farmers to come up at Peth-Naka along national highwayedit
The district planning and development council (DPDC) has allocated funds of Rs89 lakh to set up the infrastructure. The farmers from the region will be empowered to sell their agricultural produce directly to the customers. The farmers will be allocated the space on a temporary basis. Sangli district collector Vijaykumar Kalam-Patil, while speaking to TOI, said, “It will be first of its kind of retail outlet in the state. The funds have been allocated under novel schemes of the DPDC. The farmers will bring their own produce and carry out the process of selling it. The commuters travelling along the highway will be our target customers. In the first phase, we are going to open ...