Media Monitor
Agriculture Industry
Covid-19: Milk supply chain disrupted in Maharashtraedit
Out of 1.19 crore litre daily milk production in the State, 47 lakh litre is remaining unsold putting milk producer farmers under immense distress. Farmer organisations have demanded that the State government must provide financial assistance to milk producers.
The State has about 46 lakh milk producer farmers and milk dairies which purchased milk at ₹33-34 litre have reduced the procurement price to ₹18-19 per litre after the Covid-19 outbreak.
“About 86 lakh litre milk is sold in pouches. But due to lockdown, this sell has come down to 67 lakh litre per day. The State government is purchasing 5 lakh litre milk to help farmers but still, there is 47 lakh litre excess milk. This has ...
Initiatives for Dairy Developmentedit
The Indian dairy sector has been registering a consistent annual growth of over 6 percent for the last several years. Some 70 million farmers maintaining a milch herd of 125.35 million produced a whopping 187.7 million tonnes of milk in 2018-19, worth nearly Rs 6,60,000 crore. This is more than the combined value of wheat and paddy, our two prime crops.
During the fight against the ongoing COVID-19 pandemic, the Government of India’s recent announcements under Atma-Nirbhar Bharat (self-reliant India) initiative are notable. These include amendments to the Essential Commodities Act, 1955 to enable better price realisation for farmers; agricultural marketing reforms, by formulating central legislation removing inter-state agricultural trade restrictions; and, enforcing quality standards and price assurance of ...
Backed by good rain, kharif sowing area up by 21.2 per centedit
Backed by good rains and water storage in reservoirs, the sowing area in the ongoing Kharif season increased by 21.20 % amid the Covid crisis as compared to last year
According to the latest sowing data released by the Agriculture Ministry, as on July 17, the sown area is 691.86 lakh ha compared to 570.86 lakh ha area during the corresponding period last year. The maximum increase of a whopping 40.75 % has been registered by oilseeds and 32.35% by pulses
Farmers Worry As Deficit Rainfall Hits Kharif Sowing In Several Parts Of Odishaedit
Despite the onset of southwest monsoon, deficit rainfall has delayed the sowing of kharif crop in Balasore, Puri, Khurda and some other coastal districts of the State, much to the worry of farmers.
Several hectares of farmland which usually see knee-deep water during this time of the season are now lying dry due to insufficient rainfall. At many places though sowing of crops has been done with lift irrigation facilities, farmers are wary of uncertainty.
No impact of COVID-19 pandemic on kharif sowing; acreage up 21.20% so far: Governmentedit
There has been no impact of COVID-19 pandemic on kharif (summer) sowing as the total area planted to rice and other crops has increased by 21.20 per cent to 691.86 lakh hectare so far in the current season, the Agriculture Ministry said on Friday.
The country has so far received good rainfall and water level in 123 reservoirs across the country is in good position, it said in the latest sowing data.
Sowing of kharif crops begins with the onset of southwest monsoon from June, while harvesting starts from October. Rice is the main kharif crop, besides bajra, arhar, urad, moong, groundnut and soyabean.
This June, disbursements for tractors were higher than in last June: L&T Financeedit
You have reported weak numbers when it comes to profitability after adjusting for exceptional items. The PAT was also impacted because of high provisioning in this quarter. What exactly is the profit growth that you foresee for the upcoming quarters given that one is beginning to now see some green shoots for the economy? First of all, Rs 225 crore of exceptional gains have been put into GS3 provisions so that gain does not come into profit at all. None of this profit is because of that gain that has been straightaway put into one time provision of a Covid asset and we have finished that. So, that is number one but more important is how this ...
Foodgrain stocks fall marginally despite PMGKAYedit
Despite efforts at disposing of surplus foodgrains – including by distributing these free under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) and a special scheme for migrant labourers returning to their home states – wheat and rice stocks in the Central pool have registered marginal decline.
At 94.42 million tonnes (mt) as on July 1, total stocks were below last month’s all-time-high of 97.27 mt, but still 2.3 times the operational-cum-strategic reserve requirement of 41.12 mt for this date. The 94.42 mt comprised 54.99 mt wheat and 27.17 mt rice. In addition, Food Corporation of India (FCI) and state government agencies held 18.3 mt of un-milled paddy, whose rice equivalent, at an outturn ratio of 67 per cent, ...