January 18, 2019

Agriculture Industry

Bring in structural changes to make agriculture resilient, sustainable and profitable: VPedit

Business Standard

Inaugurating Agri-Vision 2019, a two-day conference on ‘Envisioning Agro Solutions for Smart and Sustainable Agriculture’ at Hyderabad, he stressed the need for a concerted action from all stakeholders to find comprehensive, long-term solutions to the multiple challenges faced by the agriculture sector. Short-term measures like loan waiver would provide temporary relief and would not be beneficial to the farmer in the long run.

Netherlands to handhold India in best agricultural practices: Ambassador Marten van den Bergedit

The Economic Times

Netherlands will handhold Indian in best agricultural practices so that it grows best, wastes less and exports more, the Dutch ambassador to India Marten van den Berg told ET on the sidelines of the Vibrant Gujarat 2019 here. One hundred and twelve delegates from various Dutch companies are visiting India to attend the Vibrant Gujarat 2019 event that kick-starts on Friday. Although India is a food surplus nation, huge quantities of food goes to waste owing to poor management  ..

The digital revolution sweeping the agriculture sector in India, and everywhereedit

YourStory

Farming has come a long way since the first farms were created in Mesopotamia centuries ago, but trading and supply of agriculture has not kept pace. As farmers focused on production, grain traders focused on maximising profitability through matching supply and demand in world markets. The technology was built in the form of Commodity Trade Risk Management (CTRM) systems to help traders analyse markets, complete transactions, and manage risk and compliance.

Market Movers: US weighs lifting China tariffs; major farm package on the cardsedit

The Economic Times

Agriculture Minister Radha Mohan Singh Thursday indicated announcement of major measures in the coming weeks to address farm distress across the country, a move that will come ahead of Lok Sabha elections. The agriculture ministry has prepared a cabinet note on “addressing income deficit syndrome of small and marginal farmers” proposing various steps, including a financial package and interest waiver for timely crop loan repayers.

Distressed Indian farmers set to determine fate of Modi govtedit

The Asian Times

Today, as Prime Minister Modi seeks another term in a general election due before May, those promises are haunting him. Indian agriculture is in crisis. Farmers are in ferment. During Modi’s tenure, the costs of inputs, and therefore of cultivation, have risen alarmingly, while prices for agricultural products, and therefore farm incomes, have stagnated or dropped. And, because government-guaranteed Minimum Support Prices (MSPs) have not been paid, farmers around the country are going broke.

Indian farmers in revoltedit

The Daily Star

When Prime Minister Narendra Modi led his Hindu nationalist Bharatiya Janata Party (BJP) to a landslide victory in the 2014 general election, he promised to be all things to all voters, eloquently promising “achhe din” (good days) for India. One of his target audiences was farmers; the agriculture sector still accounts for 67 percent of employment, and he grandly promised farmers that his government would double their incomes by 2020. He swept their votes.

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