June 21, 2019

Agriculture Industry

NDA’s push for agricultural reforms up against centuries of rural economic declineedit

Firstpost

The Bharatiya Janata Party (BJP) government has kick-started its second term by setting the ball rolling for “structural” reforms in agriculture, by announcing a task force under the NITI Aayog. The fundamental problem to be solved is that agriculture supports 48.9 percent of the population but contributes only 14 percent to the GDP. This implies a very low standard of living for half the population. As India strives to become a $5 trillion economy by 2024 ($3 trillion today), the challenge is to reverse this trend.

Does credit induce agricultural growth?edit

The Hindu Business Line

Recently, there has been an intense discussion on the strategies needed for addressing farmer distress in India. Among others, assured and greater access to institutional credit has been proposed as a way forward.

Modi Govt’s Special Focus To Improve Connectivity In NE: Prezedit

BW Businessworld

The Narendra Modi government is giving special focus on improving connectivity in the Northeast and make life easy for the people of the region, President Ram Nath Kovind said on Thursday. In his address to the joint sitting of both houses of Parliament, Kovind said tourism, agriculture and other allied sectors will also benefit from better connectivity in the Northeast.

Delayed monsoon clouds on Maha Kharif crop cultivationedit

The Times of India

The monsoon onset in the state was delayed the most this season in the past nine years, casting a shadow on Kharif crops’ cultivation. Data from IMD revealed that monsoon reached the state between June 4 and 11 since 2011, except in 2016. It touched the state on June 19 then. This year, monsoon covered some parts of Maharashtra on June 20 — the longest delay in its onset in the state since 2016.

Moratorium on farm loans valid till Dec 31: Minedit

The Times of India

Agriculture minister V S Sunilkumar on Thursday sought to allay the fears regarding the validity of moratorium on repayment of loans taken by farmers in the state. Refuting the rumours, the minister said the Reserve Bank of India hasn’t said no to the extension of moratorium which the state-level bankers’ committee (SLBC) had committed to grantfollowing the government request.

Gujarat: Kharif sowing rises in rain-deficient areasedit

The Indian Express

Kharif sowing in Gujarat quadrupled to over 2.07 lakh hectares in the past one week, thanks to the rains induced by Cyclone Vayu. Most of the sowing has happened in regions where there was widespread rain. However, sowing has been high even in districts like Surendranagar and Kutch where the rainfall deficiency is over 60 per cent, despite the recent cyclonic activity.

Maharashtra farmers conduct symbolic sowing of banned HTBT cotton despite warningedit

Financial Express

Ignoring the warning issued by the state agriculture department of Jalna, some farmers at Revgaon village in Jalna came together on Thursday and held a symbolic sowing ceremony of HTBT cotton.

Inside India’s genetic crop battlefieldedit

Mint

There is nothing remarkable about Jeevan Saini. He is one among millions of marginal agriculturalists trying to eke out a living from farming in India. He grows a basket of crops—rice, wheat, vegetables and cotton—on six acres of leased land in Nathwan village of Haryana’s Fatehabad district. He has crop loans of ₹2 lakh.

Centre will spend Rs 25 lakh crore to enhance agricultural productivity: President Kovindedit

Business Standard

In order to enhance agricultural productivity, an investment of Rs 25 lakh crore will be made in the coming years, said President Ram Nath Kovind while addressing the joint sitting of Parliament on Thursday.

Castrol India launches health outreach program for farmersedit

ET Auto

Automotive and industrial lubricant maker Castrol India on Thursday launched its health outreach program for the farmer community.Named as Castrol Khet Aasana, the campaign will extend specially curated yoga aasanas to farmers to help reduce health adversities they face caused by their stressful and laborious schedules, the company said in a release.

Maharashtra Additional Budget Focuses on Farmers, Irrigation Sectoredit

Krishijagran.com

Keeping in view the farming sectors distress in Maharashtra since 2016 and the pitched battles faced by CM Fadnavis government over farm loan waiver, Finance Minister said that  Rs. 24,102 crore has been sanctioned to around 50.27 lakh account holders under the Chhatrapati Shivaji Maharaj Shetkari SanmanYojana – farm loan waiver scheme.

JSPL Foundation organises capacity building workshop for farmersedit

India CSR

JSPL Foundation, the CSR arm of Jindal Steel and Power Limited (JSPL) organised a one-day training programme on capacity building for farmers of Deojhar gram panchayat at Gobardhanpur. The interface meeting was attended by around 50 local farmers, agriculture officers and bank officials.

Modi Govt’s Special Focus To Improve Connectivity In NE: Prezedit

BW Businessworld

The Narendra Modi government is giving special focus on improving connectivity in the Northeast and make life easy for the people of the region, President Ram Nath Kovind said on Thursday.

In a First, Possession of Banned Cotton Seed Lands Farmer in Police Custodyedit

The Wire

Vasant Mule, a 41-year-old farmer of Umrad village near Karjat in Maharashtra, in a first of its kind arrest in India, was picked up by Maharashtra police for possession of the banned herbicide-tolerant BT (HTBT) variety of cotton seeds.

Modi govt’s special focus to improve connectivity in North East: President Kovindedit

Moneycontrol

The Narendra Modi government is giving special focus on improving connectivity in the Northeast and make life easy for the people of the region, President Ram Nath Kovind said on June 20.

Rs 25 lakh cr future investment for farmers to spur growth: Prezedit

UNI

President Ram Nath Kovind said on Thursday that to increase the income support of farm community, the government has extended ‘Pradhan Mantri Kisan Samman Nidhi’ to every farmer in the country and an investment of Rs 25 lakh crore will be made in the coming years to enhance agriculture productivity.

Punjab farmers slowly turn to treated wastewater for irrigationedit

The Indian Express

Baljinder Singh (55) of village Banur in Mohali cultivates 30 acres of land, which includes 5 acres of his own and remaining on rent. But he does not draw a single drop of ground water to irrigate his farm. He does not own a tubewell either.

Budget

Budget 2019 | How to sell more chocolates, candies: Confectionery industry united in its demandedit

Financial Express

Finance Minister Nirmala Sitharaman will soon be presenting her maiden budget and the industry hopes are high as the economy reels under a rural slowdown. Standing united on that front are confectionery brands, unanimously voicing their hope for rural growth and economic stimulus. While Mars Wrigley India said that the government can look to boost rural economy, the maker of Alpenliebe candy Perfetti Van Melle thinks big reforms to fuel long-term economic growth are needed at the moment. Mondelez India, the parent company of Cadbury, which believes that the industry can ride high on the economic growth, said that growth across the sectors agriculture and manufacturing will help the FMCG industry in general.

Budget 2019: Indian agriculture will fly if Modi brings these reforms in agri-policyedit

Financial Express

India’s agriculture is akin to a huge aeroplane waiting to take off a long distance non-stop flight but without adequate fuel. Can it fly? The answer can be yes if agri-policy is reoriented to enable this. The contribution of agriculture to the country’s Gross Value Added (GVA) at basic prices (2011-12 prices) is only 14% while nearly 47% of its population is engaged in the agriculture sector. Contrast this with non-agriculture which contributes 86% to GVA with 53% workforce. Implicit in this is agri-labour productivity is just 19% compared to that of non- agriculture which gets reflected in low levels of farm income compared to non-farm incomes. Though the country has moved from import-dependence to self-sufficiency and ...

Technology in Agriculture

Trash Compactor Market Status and Prospect 2019 – Wastequip, PRESTO, Marathon Equipment, Capital Compactors & Balers, Harmony Enterprisesedit

News Truth

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Horizontal Hydraulic Balers Market by Market Dynamics Forces, New Market Opportunities, Production Cost Analysis & Industry Developmentedit

Micro Finance Post

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Analysis of IOT in Agriculture Market Based On Market Size, Key Players, Market Dynamics and Technological Advancementedit

Speaking Time

With the slowdown in world economic growth, the this industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, this market size to maintain the average annual growth rate of XXX from XXX million $ in 2015 to XXX million $ in 2018, Industry Report analysts believe that in the next few years, this market size will be further expanded, we expect that by 2024, The market size of the this will reach XXX million $.

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