Media Monitor
Agriculture Industry
Will the ease of doing business make life harder for farmers in Karnataka?edit
Ups and downs don’t seem to end for the farming community in Karnataka. After the COVID-19 associated lockdown caused severe losses to the farmers, whose produce got spoilt in the fields in March and April, the news about a good monsoon had them pretty hopeful. Now, after a good start of monsoons and a possibility of a bumper crop, the farmers – small and marginal – have been dealt with a blow through the amendment of the Karnataka Land Reforms Act of 1961.
A Good Southwest Monsoon likely to boost Farmer’s Empowermentedit
With 70 percent of rural India being dependent on agriculture for their livelihood, agriculture along with its allied sectors forms the backbone of the country. Out of this, two-thirds of the total agricultural land constitutes for the rain-fed area, leading to its reliance on monsoon as India gets the maximum rain during the monsoon that lasts through June-September.
A substantial monsoon not just accounts for a good harvest but it is also essential for a country’s food security. It ensures food availability for the growing population of the country. Moreover, a good rainfall also opens up a new array of opportunities for the investors in agri space, which in turn will give the boost to the entire agricultural sector, leading to ...
Opinion | Agriculture cannot support our economy without a fiscal pushedit
Even though covid-19 infections continue to rise in India, with daily cases going beyond 50,000, the government has decided to move into Unlock 3.0 from 1 August. With the economy opening up further, Unlock 3.0 is certainly going to increase the pace of economic activity, compared to the stringent lockdown of March and April. But taking these incremental increases in economic activity as signs of “green shoots” of an economic revival would be an exaggeration.
Discounting for the base effect of lockdown versus unlock, the reality is that the economy is far from showing any signs of recovery from the slowdown that it was in. A comparison of estimates of consumer durable sales and demand for electricity ...
Rural economy ‘bright spot’ … to lead recovery: Deepak Parekhedit
HDFC Chairman Deepak Parekh Thursday said the COVID-hit economy is likely to recover on the back of the rural sector and “signs of the wheels of the economy beginning to churn are evident”.
“Today, the bright spot for India is the rural economy. A good monsoon, strong agricultural growth and government support through rural employment guarantee schemes is enabling rural consumption to lead India’s overall recovery,” Parekh said while addressing HDFC’s virtual AGM.
Wind energy, farm sector demand to revive post lockdown: Wheels Indiaedit
The demand for products relating to wind energy and farm sector should revive post lockdown, while that of tippers, construction and equipment industries depends on the infrastructure spending by the Centre, said S. Ram, chairman, Wheels India Ltd. (WIL)
Addressing the 61st Annual General Meeting of WIL, he said the new initiatives made in the supply of welded and machined parts for the wind energy sector and supply of bogie frames to the Indian Railways saw significant growth in the last financial year. The demand for these products should revive post lockdown.
Explained: Why Punjab, Haryana need well-distributed rain more than overall rainfall surplusedit
Despite some districts in Punjab and Haryana recording above normal and excessive rain during the ongoing monsoon period, around 51 per cent of districts of both the states are still parched. Such uneven distribution of rainfall is not good news for the region. The Indian Express explains why well-distributed rainfall means a lot for both the states.
How much of the monsoon season is over in Punjab and Haryana?
Even though monsoon hits the region mostly in fourth week of the June, but the India Metrological Department (IMD) considers four months from June to September as a monsoon period in Punjab. June is a period when the region gets quite good pre-monsoon showers due to the coming of Western ...
Pandemic induced labour scarcity increases demand for sugarcane harvesting machines in South Indiaedit
Sugarcane growers in southern India are increasingly opting for harvesting machines as they fear the coronavirus crisis will prevent the migrant workforce from returning in time for the October harvest.
The anticipated labour shortage is expected to see farmer entrepreneurs in the sugarcane belt place orders for more than 200 new harvesting machines, each costing over Rs 1 crore.
Monsoon loses steam in Northern and Central India, raises concerns about crop output Read more at: https://economictimes.indiatimes.com/news/politics-and-nation/monsoon-loses-steam-in-northern-and-central-india-raises-concerns-about-crop-output/articleshow/77273984.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppstedit
After a blistering start in June, the southwest monsoon has stuttered, falling far short of normal in the fertile planes of northern and central India as well as parts of Maharashtra, sparking concerns about output of key crops if rainfall does not strengthen in a week.
Bountiful rainfall in June prompted farmers to speed up crop planting, which remains much higher than this time last year, but farmers who sowed oilseeds, pulses, cotton and coarse grain in areas with erratic rainfall are beginning to worry.
Dairy Farming
Maharashtra dairy farmers to observe 1-day protest on Aug 1edit
The dairy farmers in Maharashtra have decided to observe a one-day strike on August 1, by not sending their milk to the village level milk collection centres. The protest is against low procurement rates of cooperative and private dairies.
Framer leaders leading the agitation want at least ₹30 per litre rate for cow milk and ₹40/litre for buffalo milk, which was being paid before the lockdown.
The strike is a sign of further escalation of the agitation. About ten days ago, dairy farmers in the districts of Ahmednagar, Sangli and Kolhapur had protested by dumping milk on the streets.