February 1, 2021

Agriculture Industry

Opening up Agri Sector: India Needs to Make Each Endeavor to Accomplish Worldwide Farming Competitivenessedit

Krishi Jagran – Online

In the midst of inescapable shows against new changes, it should be unequivocally recognized that if Indian agribusiness doesn’t turn out to be universally fruitful, it is hard to understand India’s fantasy about being atmanirbhar.

Agriculture and related practices stay an essential source of sustenance for 60% of the populace, besides noteworthy additions accomplished in mechanical and technological advances, with more than 80 percent of farmers having minor or restricted landholdings. Agriculture represents 16 percent of India’s GDP, contrasted with 4 percent of the world’s GDP.

India has progressed significantly and turned into a net exporter of food grains compared to being a net cereal importer since its Independence. From 700 kilo for each hectare in 1966, ...

Budget

Budget 2021: What will farmers get?edit

Business Today – Online

Amid the prolonged farmers’ protest, where farm unions have demanded a separate Act on MSP and the withdrawal of three agri laws, it is therefore expected the Centre will keep a special focus on the agricultural economy in this year’s Budget. It must be noted that when India’s GDP shrank by 23.9 per cent in the June quarter of FY21, only the agricultural sector emerged as a silver lining registering a 3.4 per cent growth.

Dr Arun Singh, Global Chief Economist, Dun & Bradstreet said he has anticipated that “the government will reiterate its commitment to continue the MSP system in the Budget. It would also seek to increase the scope of the current form of ...

Budget 2021: Rural poor, farmers’ progress to be govt’s priorityedit

Times of India -Online

Amid the coronavirus pandemic when the pace of manufacturing and services sector came to a grinding halt, agriculture and allied sectors in India have picked up pace as the country saw the strength of the farm sector. The government also took care of a large population of the country related to agriculture and farming and enacted new laws to intensify the winds of improvement in the agricultural sector. The Budget 2021-22 is going to be presented in Parliament on Monday, amid wrangling over agricultural reform.

Budget 2021 Updates: Agriculture saved the day during Covid, will farmers find a special place in FM’s bahi khata?edit

Economic Times – Online

As the FM readies to present her third Union budget on February 1, CEOs, economists and the middle class have one response in common — joblessness, not GDP growth, is the real cause for worry.

Agri sector hopes for a pivotal push from Union Budget 21-22edit

The Hindu Business Line – Online

Industry players expect lower taxes for agri-tech, specific interventions for crop R&D and post-harvest infrastructure

Union Budget 2021: Farm innovation fund needed to support agri-tech solutions, startups, boost innovationedit

Firstpost – Online

The agriculture sector accounts for close to 16 percent of the country’s GDP, uses nearly half the available land, consumes around 80 percent of the freshwater resources, and engages almost 50 percent of the country’s workforce. Approximately 70 percent of the rural households still depend primarily on agriculture, with close to 80 percent of farmers being small and marginal. Even though the recent COVID-19 pandemic has posed challenges for most sectors of the Indian economy, agriculture and allied activities demonstrated extraordinary resilience. The available statistics amplify the potential of India’s agriculture sector to aid fiscal growth. However, adherence to a traditional approach and unscientific farming methods still loom large over the agricultural space.

Budget 2021 is a window for ...

Govt. Policies

Mann Ki Baat: Commitment to modernise agriculture not make amends on farm lawsedit

Deccan Herald – Online

Earlier while while highlighting various good news in January including India’s remarkable comefrom-behind series win over Australia, the Prime Minister mentioned on a somber note “the country was saddened by the insult to the Tricolour on the 26th of January in Delhi” amidst everything else. He followed it up with “we have to infuse times to come with new hope and novelty. Last year, we displayed exemplary patience and courage. This year too, we have to work hard to attain our resolutions. We have to take our country forward at a faster pace.” The Prime Minister’s remarks in his monthly ‘Mann ki Baat’ broadcast come at a time when a large number of farmers from states ...

Government scrambles to find a face-saving mechanism-anything short of repeal of farm lawsedit

National Herald – Online

Agriculture Minister Narendra Singh Tomar was sweet, polite and reasonable when the farmers’ delegation met him at the Vigyan Bhavan on Wednesday for the sixth round of talks with the Government. The minister not only had his meal, brought by farmers, but was effusive in complimenting them for their peaceful, disciplined and organised protest.

“He was cordial, warm and attentive,” confided one of the members of the delegation. Although no representative of the Energy ministry or Delhi Government was present at the meeting, he added with a chuckle, the Government side was also quick to concede the farmers’ two minor demands related to power tariff and fines and imprisonment of farmers for stubble burning.

But unlike ...

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