January 18, 2020

Agriculture Industry

Record wheat production expected, acreage over 330 lakh hectaresedit

Sme Times

Wheat production in the country is expected to touch new heights as the acreage of wheat sowing has gone beyond 330 lakh hectares this Rabi season, coupled with favourable weather conditions.

The acreage of sowing of pulses, including gram and oilseeds, has also increased this Rabi season as compared to the last year.

According to the data released by the Ministry of Agriculture and Farmers’ Welfare on Friday, the sowing of wheat has been done in 330.20 lakh hectares which is 11.18 per cent more than the previous year, while the total acreage of sowing of Rabi crops is recorded to be 641.39 lakh hectare.

 

Telangana became Role Model for other states in Paddy Procurement: Mareddy Srinivasedit

Safir News

Hyderabad,  Civil Supplies Corporation Chairman Mareddy Srinivas Reddy said under the leadership of Chief Minister K. Chandrashekar Rao Telangana government is working for welfare of poor people and farmers. Accordingly Civil Supplies Corporation is also going forward in that direction. Srinivas Reddy has completed one year as Chairman for Civil Supplies Corporation. On this occasion Civil Supplies Officers and Employees greeted him at his Office. He said that Chief Minister K. Chandrashekar Rao has taken up number of welfare schemes for farmers like irrigation projects, 24 hours current, Rythu Bandhu, etc have resulted in increase of paddy yield.

India on course for bumper harvest, Rabi sowing scales multi-year highedit

India Finance News

India is on course for a bumper harvest in 2019-20, unless weather plays spoilsport during final harvest stage, as the latest data shows that acreage under rabi foodgrains has risen to multi-year highs of 64.13 million hectares (ha), up 5.07 million ha from the corresponding period last year. It is even more than the average acreage of the past five years.

Challenge for Modi govt: Amid slowdown, foodgrain stock hits record high; this may be the solutionedit

 

Even as food inflation hit six year high in December last year, the Modi government now faces a challenge to manage the all-time high stock of foodgrains. The stock has reached a record high of 75.51 million metric tonnes as on January 1, 2020. The wheat has been sown this rabi season in 330.20 lakh hectares, 33.23 lakh hectares more than last year and the highest ever since 1950-51, The Indian Express reported. It was during FY15 that the highest area sown under wheat was recorded at 314.70 hectares.

Millions Of Locusts Are Wreaking Havoc In Rajasthan And Gujarat, The Worst-Of-Its-Kind Invasionedit

India Times

Parts of Gujarat and Rajasthan are in the midst of a deadly invasion by millions and millions of locusts, leaving the farmers there in distress. The invasion which began in October is said to be the worst in over six decades.

According to reports, crops of some 3.6 lakh hectares in 10 districts as western Rajasthan have been damaged by the locusts so far. The Locust Warning Organization (LWO) said that the current wave of attack was by Pink locusts which are flying in from Pakistan.

Drivers for Growth of Indian Agricultureedit

CII Blog

The landscape of agriculture is fast evolving with an increased focus on enhancing farmers’ incomes. The flagship schemes of the government are targeted towards improving purchasing power at the bottom of the pyramid to accelerate overall economic growth. At the same time, advanced technology is providing solutions to tackle the traditional challenges faced by agriculture towards improving the overall efficiency from farm to fork.

India on course for bumper harvest, Rabi sowing scales multi-year highedit

Business Standard

India is on course for a bumper harvest in 2019-20, unless weather plays spoilsport during final harvest stage, as the latest data shows that acreage under rabi foodgrains has risen to multi-year highs of 64.13 million hectares (ha), up 5.07 million ha from the corresponding period last year. It is even more than the average acreage of the past five years.

Budget

Crop loan above Rs 2 lakh: Govt sets up panel to recommend schemesedit

Indian Express

Three weeks after announcing farm loan waiver up to Rs 2 lakh, the state government on Thursday set up a Cabinet sub-committee to recommend schemes that could provide relief to farmers whose outstanding crop loan is above Rs 2 lakh and also to those who have repaid their loans regularly.

The sub-committee, headed by Deputy Chief Minister and Finance Minister Ajit Pawar, will have Eknath Shinde, Dada Bhuse (both with Shiv Sena), Ashok Chavan, Balasaheb Thorat (both with Congress and Balasaheb Patil (NCP) as members.

Uncategorized

Foodgrain stocks hit record high, wheat area is largest everedit

Indian Express

While retail food inflation soared to a six-year high of 14.12 percent in December last year posing a challenge amid slowdown in the economy, the government faces a challenge managing its surplus foodgrain stock which has reached a record high of 75.51 million metric tonnes as on January 1, 2020.

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