July 8, 2020

Agriculture Industry

A rural resurgence will fuel India’s economic recoveryedit

Inventia

According to the Indian Meteorological Department data, India has witnessed the wettest June after 2013. The Rainfall was recorded 15% higher than regular Rainfall in the country. Excepting pockets in the Himalayan states and western Uttar Pradesh, the dissemination of monsoon during the month was marvelously even. According to the Meteorological department has forecast, there will be a regular monsoon this season.

AHIDF- A historic decision that will boost Animal Husbandry Sectoredit

Daily Excelsior

Animal husbandry sector has a vast potential in the union territory of Jammu and Kashmir with favorable agro-climatic conditions and other natural endowments including rich alpine pastures. The sector has a pivotal role in agro based economy of the UT in which Livestock sector contributes 4.11% of national GDP and 25.6% of total Agricultural GDP. As per the 20th livestock census, J&K has 8.3 million animals and 7.7 million poultry, small ruminants comprising 3.2 million sheep and 1.77 million goats also contribute significantly to the total livestock population of the Union Territory. Animal husbandry sector plays an important role in income generation, employment, food and social security especially for the people living in rural areas and those ...

Amul says India can send dairy items to these nations as Modi pushes for exportsedit

Financial Mapping

As Prime Minister Narendra Modi continues to push for ramping up exports and limiting imports under the Make in India or Atma Nirbhar Bharat scheme, Amul has said that India can become a major dairy products exporter to neighbouring countries. “More or less in all food categories, India is self reliant…In milk, we are not only self reliant, we are bringing dairy to the world also… all southeast countries, middle east countries, Sri Lanka, Pakistan are milk-deficit,” Amul MD RS Sodhi told ET Now in an interview. While India currently imports milk powder from various nations such as France, Denmark, Australia and Canada, it also exports dairy and related products to Bhutan, Afghanistan, and UAE.

Possibility of agribusiness in self-sufficient Indiaedit

The Hills Times

India is a predominantly agricultural country where about 70% of the people live in villages and about 63% of the people depend on agriculture. The population is growing by 1.6%, while the consumption of food products is growing by 7.8% mainly due to rising economic standards. Agriculture contributes about 17.3% of the total GDP of the country and employs about 56% of the people who are mostly in the unorganized sector. Therefore, agriculture is one of the most important drivers of food and nutrition security, employment, and livelihood.

Nagaland undertakes prog to scale up of lowland paddyedit

Morung Express

The Directorate of Agriculture, Government of Nagaland organized one-day training and awareness programme on ‘scaling up of lowland paddy’ at its Conference Hall on July 7. Director of Agriculture, M Ben Yanthan addressing the programme said that the scheme was a new programme under RKVY (Rashtriya Krishi Vikas Yojana) scheme inorder to enhanced food production in the State.

Karnal MC officials seal 12 dairy farmsedit

Hindustan Times

Karnal municipal corporation (MC) on Tuesday sealed 12 dairies being operated within its limits and also took their buffaloes and cows into its possession.

The MC officials, accompanied by police, conducted a surprise raid, seized at least 15 animals, and sent them to a community centre.

Karnal MC joint commissioner Gagandeep Singh said the corporation had identified 188 plots at Pingli village for relocating dairy farms and in February this year, a draw of plots was held in the presence of dairy owners.

Maharashtra: Agriculture Minister warns of action against banks delaying crop loan disbursaledit

The Hindu Business Line

Asking banks to disburse 100 per cent crop loans to farmers by this month-end, Maharashtra Agriculture Minister Dadaji Bhuse ordered the State machinery to file cases against banks if they fail to meet the target.

During his visit to Vidarbha region, Bhuse said, “Farmers need crop loan to purchase seeds, fertilisers, and pesticides. Over 90 per cent loans must be disbursed before sowing starts. Banks have just disbursed 27 per cent loan even as 73 per cent kharif sowing is completed in the State”.

The Minister added: “If banks fail to respond, the government will take stringent steps. The district collector and deputy registrar must review disbursal every two days”.

Agritech start-ups to attract $500 mn in investments in next 2 yearsedit

Business Standard

Investments in the agritech sector are likely to exceed $ 500 million in the next two years with the recently funded startups scaling up well for further rounds and also because the scalability potential remains high.

The sector is getting traction, especially during the current pandemic, thanks to digital access to farmers, reforms and government support. The farmer as a consumer and a producer is now being empowered by access to information, inputs, farm to fork linkages and financing support.

Saurashtra farmers stare at heavy lossesedit

Ahemdabad Mirror

Heavy rainfall in the entire Saurashtra region over the last 72 hours has extensively damaged standing crops. In certain parts of the region, rains that started on Saturday or Sunday still continue unabated.

The Agriculture Sector Has What It Takes to Drive Post-COVID-19 Economic Recoveryedit

The Wire

The nationwide lockdown to contain the outbreak of the COVID-19 pandemic in India has brought economic activity to a complete standstill. During these times of crisis, when most sectors in the economy are in a slump, the agriculture sector has risen to become a beacon of hope and has the promise of leading the country’s economic recovery.

As the least affected sector from the coronavirus-induced recession, the agriculture sector can not only be leveraged in the process of recovery, but it could also gain from this opportunity by leapfrogging into a new regime of growth, development and enhanced farmer welfare.

It is widely acknowledged that access to credit is critical for accessing timely and good quality inputs ...

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