Media Monitor
Agriculture Industry
Agri, MSMEs may lead TN’s revivaledit
The recipe for revival of the state economy may be through strengthening the agricultural and MSME sectors, officials told TOI after attending the first meeting of the high-level state-appointed committee headed by former RBI governor C Rangarajan here on Thursday. The committee is learned to have laid down broad outlines for assessing various sectors. It is tasked with examining fiscal challenges facing the state owing to Covid-19 pandemic and suggesting the way forward. “Today was more of an introductory meeting held through video conferencing. We discussed the way to go about with the task. Rangarajan divided the task of gathering the inputs in various sectors such as industry, labour, agriculture, MSMEs and education so as to identify medium term response as per the ...
Nirmala Sitharaman announces Rs 30,000 crore funds for small farmersedit
Union finance minister Nirmala Sitharaman on Thursday announced a Rs 30,000 crore additional emergency working capital funding to benefit farmers amid the Covid-19 lockdown.
“Rs 30,000 crore additional emergency working capital fund to be provided through NABARD to three crore small, marginal farmers,” Sitharaman said at the said in an address to the media on the government’s Rs 20 lakh crore economic package.
NABAD will extend additional refinance support of Rs 30,00 crore for crop loan requirement of rural cooperative banks and regional rural banks RRBs).
Tirupati SP Avula Ramesh Reddy helps farmers in harvesting, donates 50 percent salaryedit
The Superintendent of Police for Tirupati Urban District Avula Ramesh Reddy took people into surprise after he joined the farmers in planting paddy saplings in the agriculture fields on the outskirts of the town. Reddy took the work in his uniform and was seen wearing a mask while helping the farmers in cultivation.
Food Corporation of India allocates 120 LMT foodgrains for distribution in states amid lockdownedit
The Food Corporation of India (FCI) allotted 12.96 lakh metric tonnes (LMT) of foodgrains under the Pradhan Mantri Garib Kalyan Anna Yojna (PMGKAY) as an initiative of Government of India in its fight against the COVID-19.
According to Assistant General Manager of FCI (PR) Sushil Tirkey, 12.96 LMT of foodgrains have been allocated for a period of three months, from April to June, of the current year worth Rs 5057 crores.
Tripura to start vocational courses on IT, agriculture and retail in 55 more schoolsedit
In a bid to increase employability among students, Tripura government would start vocational courses on IT, electronics, agriculture, retail management in 55 more schools in addition to 80 schools where the courses were started earlier in last two academic years.
The Education Minister Ratan Lal Nath today said Ministry of Human Resource Development (MHRD) has permitted the state to start vocational courses in information technology, electronics and hardware, agriculture and retail store management in 55 schools. These schools would be starting these courses in the next academic session.
Breaking wheat-paddy cycle a must to save groundwater: CSSRI studyedit
Breaking the traditional wheat-paddy cycle is the need of the hour to preserve groundwater for the future generations, reveals a research conducted by scientists of the Central Soil Salinity Research Institute (CSSRI), Karnal (Haryana).
Asserting that the rice crop alone consumes about 50% of the total irrigation water, the researchers have suggested radical changes in the agricultural use of available water.
NABARD To Extend Rs.30,000 Cr Refinance Support; Concessional Credit For Small Farmers: FMedit
Addressing a press briefing on the second tranche of the economic package on Thursday, Union Finance Minister Nirmala Sitharaman announced two measures for the welfare of small farmers. Sitharaman declared that the NABARD shall extend additional refinance support of Rs.30,000 crore for crop loan requirement of rural cooperative banks and Regional Rural Banks. This is over and above the Rs.90,000 crore to be provided by the NABARD through the normal refinance route during 2020. This shall benefit 3 crore small and marginal farmers and help meet post-harvest and current Kharif requirements in May and June.
COVID-19 relief package: Agriculture credit support fails to impress farmers’ unionsedit
The credit support measures announced for farmers on Wednesday isn’t likely to enthuse the 14.5 crore-strong community, coming as it does in the wake of demands for full scale farm loan waivers. As part of the second tranche of Atma Nirbhar Bharat Abhiyan relief measures, Finance Minister Nirmala Sitharaman announced that additional credit support will be given to farmers through NABARD and the Kisan Credit Card facility.