Media Monitor
Agriculture Industry
PM calls for efforts in farming from ‘sowing to earning’edit
IndiaPost – Online
Prime Minister Narendra Modi on Monday gave a call to make concerted efforts in the farming sector in the country to find a comprehensive technological solution from “irrigation to sowing, till harvesting and earning”.
The Prime Minister also stressed on the need for more private sector contribution towards Research and Development in the agriculture sector, saying “increased private sector participation will boost the confidence of the farmer”.
“Now we have to give such options to farmers in which they are not limited to growing wheat and rice. We can try from organic food to salad-related vegetables. There are several crops,” Modi said during a webinar on effective implementation of Budget provisions regarding agriculture and farmers’ welfare through ...
Agritech firm Arya partners Canara Bank to help farmers, FPOsedit
Outlook – Online
Agritech firm Arya on Tuesday said it has entered into a partnership with Canara Bank to help farmers and food processing units get finance against their agri-produce stored in warehouses managed by the startup.
Canara Bank will be able to leverage the reach of Arya to over 3,50,000 farmers through the 450 FPOs, which the startup works with.
Arya said in a statement it has entered into a “strategic partnership with Canara Bank for collateral management and warehousing services to help farmers with effective market linkage.”
The objective of the partnership is to extend finance to farmers, Farmer Producer Organisations (FPOs), processors, and various depositors stocking their agri-produce in warehouses managed by Arya across the country, a ...
Govt. Policies
Cabinet gives nod to pact between India, Fiji for co-operation in agriculture sectoredit
The Hindu – Online
The MoU also provides for establishment of Indo-Fiji Working Group for dealing phytosanitary issues, and any other form of cooperation.The government on Wednesday approved a pact between India and Fiji for co-operation in the field of agriculture and allied sectors.
Stubble Burning
Tackling stubble burning could reduce high BP risk, save $2 billion over 5 years — studyedit
The Print – Online
Tackling stubble burning in India can reduce prevalence of hypertension or high blood pressure and by extension also save $2.24 billion (more than Rs 16,479 crore) over five years, a new study has found.
Every year, just before the onset of winter, paddy farmers of Punjab and Haryana are faced with the challenge of quickly removing crop stubble left over in their fields after the season’s harvest.
A common practice to remove stubble is to set fire to their fields. However, due to the meteorological conditions of the region, the smoke from the fields does not dissipate. Instead, the pollutants from the fields worsens the air quality levels in several cities in ...
Tractor industry
Sonalika Surpasses 1 lakh Domestic Tractor Sales and Crosses Highest Ever Sales in Just 11 monthsedit
Nyoooz – Online
Having a formidable presence in over 130 countries across the world, Sonalika already has an access to trailblazing technologies that exist in the advanced markets and remains committed to introduce them in the Indian market in an affordable way. Sonalika’s R&D team has been working relentlessly to develop state-of-the-art tractors and implements that capitalize on farmer’s feedback and are customised as per their respective crops and geographies.
Sharing his thoughts on achieving an extraordinary feat, Mr. Raman Mittal, Executive Director, Sonalika Group, said, “I feel overwhelmed in sharing that we have crossed our highest ever cumulative domestic sales of 1,06,432 tractors in just 11 months (April’20-Feb’21),registering growth of 35.5% as compared to same period last year. Notably, ...
Increase in rural income, rich harvest drive speedy recovery of tractor salesedit
The New Indian Express – Online
Despite rising diesel prices and the on-going farmers’ protest in the northern states, sales of tractors have witnessed a significant growth in February 2021. The growth, according to industry leaders, comes on the back of a healthy sowing season and rise in rural income.
“We have sold 27,170 tractors in the domestic market in February with a growth of 24 per cent over last year. Demand continues to be robust with Rabi sowing at an all-time high, supported by healthy reservoir levels and higher liquidity with farmers, on account of timely and robust procurement of Kharif crops,” said Hemant Sikka, President – Farm Equipment Sector, Mahindra & Mahindra.
He added that the outlook for ...
Riding on tractor, PV sales momentum, Tata Motors, M&M steal the show in Febedit
LiveMint – Online
February despatches of automobile companies indicate continued sales momentum in passenger vehicle and tractor segments. Commercial vehicle sales are catching pace with improving economic activities. Two-wheeler sales remained soft, but analysts see improvement going forward.