August 19, 2020

Agriculture Industry

Only Six Delhi Farmers Have Benefited From AAP’s Much-Touted Plan to Increase MSPedit

The Wire

Only six farmers benefited from state procurement of wheat in the state of Delhi in the 2020-21 rabi marketing season, information obtained by The Wire via the Right to Information Act (RTI) has revealed. The quantity procured was less than 500 metric tonnes (MT) – or less than 1% of wheat production in Delhi – as per the information provided by the Union Ministry of Consumer Affairs, Food and Public Distribution (MCAFPD)

This is in stark contrast to the announcements made by the Aam Aadmi Party (AAP)-led Delhi government last year, when it had announced the Mukhyamantri Kisan Mitra Yojana (Chief Minister Farmer’s Friend Scheme – CMFFS). Under this scheme, around 20,000 farmers in Delhi were to benefit from minimum support prices ...

Indian agriculture ecosystem during Covid-19edit

Times Of India

Indian agriculture provides employment opportunities to more than half of our population. It includes more than 12 crore smallholder and marginal farmers, most of them face annual risks related to low rainfall, price volatility, inflation, weak infrastructure, debts and so on. Covid-19 pandemic is an added challenge for this sector and its stakeholders, effecting majority of population due to its large outreach. On one hand rural sector is one of the neglected sectors and on the other hand, global tensions left us to concentrate more on local consumption and production, leaving no other option to look upon producers, local enterprises and rural economy.

Bumper sale of tractors held in Julyedit

Hindustan Khabar

Due to the Corona Virus, where there is a huge decline in all sectors of the auto industry. At the same time, bumper sales of tractors continue during this period. According to the federation of Automobiles Dealers Associations (FADA-FADA), in July 2002, 76,197 tractors were sold.

India facing flash droughts during monsoon: Studyedit

The Hindu Business Line

Monsoon is normally associated with flash floods. But a team of Indian researchers found that a kind of rapidly developing drought also manifests during the prominent rainy season.

Long-term monsoon breaks — prolonged dry spells during the season — are leading to a unique phenomenon called flash droughts in India, affecting kharif crops and groundwater depletion, according to a new study by researchers at the Indian Institute of Technology (IIT)-Gandhinagar.

Good monsoon A mixed blessingedit

Power Today

After enduring two consecutive years of drought, the monsoon in India has been recorded as ´normal´ in 2016, at just 3 per cent below the long term average. The monsoon, which spans from June to September, is said to be normal when rainfall is between 96-104 per cent of the long term (50 year) average of about 88 centimetres. Comparatively, in 2015, the southwest monsoon ended with a rain shortfall of 14 per cent, the worst since 2009. This sends good news to those associated with the country´s agriculture sectors that have been too long in the gloom.

Time for Gramodaya: Rural economy has been resurgent, but, more needs to be done to help it soaredit

Financial Express

India’s per capita GDP in rural regions has grown at a rate of 6.2% since 2000. The agricultural sector has shown an impressive growth of 5.9% in Q4 2020. CRISIL’s forecast states agricultural sector will depict 2.5% growth in 2020-21 as against India contracting at 4.2%.  The factors favourable for the agricultural sector are a 15% better than normal monsoon, increased availability of water in reservoirs for irrigation, increase in sowing acreage area of Kharif crop, aggressive implementation of the MGNREGA scheme by the Government and various other welfare measures targeting the rural sector. Economic estimates show that the Indian rural economy has been resurgent and Bharat seems to be moving relatively faster on the path to recovery.

Tractor, Farm Equipment Sales Could Remain Buoyant Until Year-End On Hopes Of Better Kharif Crop Harvestedit

Swarjyamag

The surge in tractor and farm equipment sales in the country could extend beyond the traditional Diwali season to at least until the end of this year, thanks to hopes of a better harvest of the standing kharif (summer) crop in the farms now.

The hopes come on the heels of tractor manufacturers reporting numbers better than last year. Sales of tractors, in particular, continued to be buoyant in July and were nearly 38 per cent higher than the same period a year ago

Dairy Farming

Sale of dairy products down due to demand slump after lockdownedit

Outlook India

A slump in demand due to the coronavirus-induced lockdown has led to dwindling sales of dairy products in Maharashtra”s Aurangabad district, an association of milk producers said on Tuesday.

The Aurangabad district Cooperative Milk Producers Union (ADCMPU) said the sale of milk packets has come down as hotels are out of business now.

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