December 23, 2020

Agriculture Industry

India grows more food, wastes more, while more go hungryedit

India Today – Online

Between the ongoing farmers’ protests highlighting cries of no proper remuneration for what the “annadata” (food provider) produces and India’s 103rd position in the Global Hunger Index (GHI) lies Indian agriculture’s third shocking reality farm produce wastage.

Statistics back Prime Minister Narendra Modi’s oft repeated line on India’s needs to move up fast on capability to store and distribute farm produce. If India spends almost Rs 1.5 lakh crore on cheap and free food grain each year, a study in 2016 estimated that Rs 92,651 crore is lost annually in farm produce wastage.

Farmers of India: A Different Perspectiveedit

India CSR – Online

Farming and Women

Are you aware that more than 70% of rural women are engaged in agriculture and farming? Women are responsible for about 65% of farming-related work across regions, but due to the patriarchal society and ignorance, their role is rather left invisible for the rest of the world.

As per the National Policy for Farmers – 2007, Definition of a Farmer:

“For the purpose of this Policy, the term “farmer” will refer to a person actively engaged in the economic and/or livelihood activity of growing crops and producing other primary agricultural commodities and will include all agricultural operational holders, cultivators, agricultural labourers, sharecroppers, tenants, poultry and livestock rearers, fishers, beekeepers, gardeners, pastoralists, non-corporate planters ...

Agriprenuership improving productivity and profitability of Agricultural Sectoredit

India CSR – Online

The agriculture sector employs half of India’s 1.35 billion people and contributes nearly 15 percent of India’s $2.7 trillion economy. Nearly 80 percent of the farmers in India belongs to Marginal(less than 1 ha) or small farmers (1–2 ha) category. Every day there is news coming on farmers suicides from different parts of the country.

Given growing debt, poor harvests, and draught, farmers are coming suicide in despair. The condition of the most of the farmers is horrible. The Indian agricultural sector and farmers have been in a deep crisis over the past few years. A number of factors are known to have contributed to this agrarian crisis. There has been a steep rise in the ...

India: From Mass Agriculture To Corporatization Of Agriculture – OpEdedit

Eurasia – Online

The surge of wealth of Indian billionaires and the Modi led BJP government’s onslaught on poor, marginalised and farmers continue to grow simultaneously as masses face annihilating pandemic of Coronavirus. There is 90 % rise of Indian billionaire’s wealth over last one decade. It is not accidental. The Modi government has reduced corporate income tax from 30 to 22 percent starting from the financial year 2019/20. It has also provided many other opportunities and incentives and foregoing exemptions to corporations. The new corporates established in India after 1st October 2019 will only pay 15 percent. The Modi government further pursuing economic and agricultural policies to further marginalised the poor farmers and empower the wallet of his Hindutva ...

News18 farm reform survey shows overwhelming support for new lawsedit

News18 – Online

Results of a wide-ranging nationwide survey released on Monday by News 18 network, India’s largest media company, show that the government’s farm reform laws have received overwhelming support from across the country, especially agrarian states that stand to benefit from these laws.

The majority of respondents of the #News18FarmReformSurvey—conducted in 22 states and Union Territories—want the ongoing protests led by farmers of Punjab who are against the farm reform laws to be called off. The survey was carried out by reporters of News18 network.

The survey, which posed questions ranging from support to the farm reforms to choice for farmers to awareness of the new laws among 2412 respondents, showed that reform and modernisation in agriculture has ...

Technology in Agriculture

Assam app to increase farm productivityedit

Telegraph India – Online

An Assam-based start-up has developed a multilingual smartphone application for farmers to smartly manage their farms and remotely monitor distress activities.

AgSpert, the agri-tech startup co-founded by IIT Guwahati students and alumni of NIT Silchar and Dibrugarh University, Assam, have developed the application called AgSpeak. It has an Assamese language option as well, a first among all the agri-tech apps available in the market.

The app aims to optimise in-farm productivity through artificial intelligence (AI), helping farmers in making decisions and managing farm activities by the click of a single button on their smartphone or computer.

Agritech charts a different course for the primary tiller of the landedit

Business Standard – Online

From warehousing, water credit to farmland management, these start-ups are helping farmers thrive

A few years ago Prasanna Rao and Anand Chandra were working for a top private bank. As bankers, they had worked across agriculture markets and knew that banks primarily serviced tertiary markets.

They had, at first hand, seen the gap that exists in the primary and secondary markets. “Once we were trying to help an FPO (farmer producer organisation) get a loan of Rs 10 lakh and the bank they reached out to took three months to respond to their request on a fully-secured loan. On the other hand, a trader requesting a loan could get a Rs 2 crore loan ...

This agritech startup aims to make trading of commodities simple and transparentedit

YourStory – Online

While the atmosphere in New Delhi remains charged as agitating farmers, concerned over prices, protest the new agriculture reform laws, Origo Commodities, over the last ten years, has ensured that every participant in this ecosystem gets a fair price for the produce of the land. In the vast agricultural ecosystem – starting from the farmland to putting the food onto your plate, the two very critical elements in this entire cycle is the supply chain infrastructure and financing. For the farmers, the top challenges after the harvest are about getting the right storage infrastructure and getting also a fair price. Other players involved in this ecosystem like traders and millers also face similar concerns.

Tractor industry

M&M to raise tractor prices from January to partially manage impact of rise in input costsedit

Business Today – Online

Mahindra & Mahindra (M&M) on Monday said it will hike prices of its its range of tractors from next month in order to partially offset the impact of rise in input costs.

In a regulatory filing, M&M’s Farm Equipment Sector said, effective January 1, 2021, it will increase the price of its range of tractors, across models.

This has been necessitated due to the increase in commodity prices and various other input costs, the company added.

Details of price increase across different models will be communicated in due course, M&M said.

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