May 28, 2021

Agriculture Industry

Kakinada: Government studies impact of lockdown on traditional occupationsedit

The Hans India – Online

BC Welfare Minister Chelluboina Venu Gopala Krishna Stated that the government is studying the impact of partial lockdown on the livelihood of people engaged in traditional occupations. He received inputs from the agriculture workers, paddy porters, traditional toddy tappers on the impact of the partial lockdown on their daily life and the occupation. The Minister also met the handloom weavers to examine the existing marketing system and impact on the daily work and trade in Ramachandrapuram of East Godavari district.

Complete paddy procurement in 6 days: CS Somesh Kumaredit

Telengana Today – Online

Chief Secretary Somesh Kumar directed District Collectors on Thursday to expeditiously complete paddy procurement exercise within the next six days. He also directed the Collectors to meet the shortage of labour and gunny bags from the local market, and advised them to ensure sufficient availability of vehicles for transport of paddy. “Keep a check on unwarranted cuts being imposed by the millers,” the Chief Secretary said, and directed the Secretary, Civil Supplies, to ensure smooth and seamless procurement operations.

Farmers in India have been protesting for 6 months, have they made any progress?edit

Qrius – Online

For six months now, images of Indian farmers protesting on Delhi’s roads have been beamed around the world. Farmers have been protesting changes to India’s agricultural laws they say would undermine their autonomy as cultivators. The new laws would create monopolies in the grain markets and trap farmers into contract farming arrangements with corporate buyers. But after six months of protests, has anything changed? The farm unions have had 11 rounds of talks with representatives of the central government, but the stalemate continues. Farmers hope if they keep the pressure on, the government will be forced to concede to their demands. But perhaps their biggest achievement so far has been putting farming back on the national ...

Second COVID wave to bring down rural demand in FY22 despite record agriculture production: Ind-Raedit

Money Control – Online

Rising household debt as a result of higher health costs, decline in touch-based non-agricultural work and much lower wage growth across the board is expected to puncture rural consumption demand in FY22 as highly mutant strains of the Covid-19 virus infiltrate India’s large rural hinterland, India Ratings and Research (Ind-Ra) has said.

This is expected to reduce demand for FMCG products, automobiles especially tractors and two-wheelers. However, demand for agricultural credit and agricultural inputs such as fertiliser and pesticides could remain strong in view of third consecutive year of near normal monsoon, the ratings agency pointed out. Even if agricultural output and resultant income remains intact, rural households are expected to cut down on their ...

Farm sector unscathed by 2nd Covid waveedit

Hindustan Times – Online

India’s agriculture sector, which employs nearly half the country’s working population, appears to have been unscathed during the second national wave of Covid infections, just as it was during the first outbreak in 2020. The resilience will, in all likelihood, keep the farm growth rate in positive territory, cushioning rural incomes, even as the pandemic weighs on the broader economy, analysts said. Less stringent lockdowns, better rain, uninterrupted credit flow, and functioning rural supply lines for inputs such as fertilizers, kept farmers going, although rural India saw a surge in infections, several experts said. The country is projected to produce a record 304 million tonne of foodgrains in 2020-21, 2.66% more than the previous year, ...

‘New Laws Will Decimate Rural Communities’: US Farmers Express Support for Indian Protestedit

The Wire – Online

Thousands of farmers gathered at the borders of Delhi for “Kaala Diwas” or Black Day on May 26. The day marks six months of their agitation against the three controversial farm laws enacted by the Centre. So far, 11 rounds of talks between 40 farm leaders and the government have failed to resolve the crisis. Both the government and farmers called off the series of discussions on January 22, citing a lack of progress. It is not a protest in isolation – the agitation in India resonates with US agriculture. Rural economies in the Midwest were devastated by the farm crisis from many decades ago and researchers fear the same could happen in India if ...

Cyclone ‘Yaas’: Odisha Agriculture Minister Seeks Preliminary Damage Reports In 24 Hrsedit

Odisha TV – Online

According to reports, several hectares of farmlands were swept away by the high tidal waves in coastal regions while incessant rains induced by the cyclonic system also played havoc on farming sectors in the northern parts of the State. Several roads and river embankments also suffered damage due to rain and wind in Balasore, Bhadrak, Keonjhar, Kendrapara, Mayurbhanj, and Jagatsinghpur districts. Baitarani river continues to swell since last night due to cyclone-induced heavy rains in the upper catchment. A medium flood loomed in the river as it touched the dangle level at Anandpur in Keonjhar district. Chief Minister Naveen Patnaik is scheduled to conduct an aerial survey of the affected areas today.

Dairy Farming

India’s dairy sector is in crisis. Government must do more to helpedit

The Indian Express – Online

In the first wave of the Covid-19 pandemic, agriculture and allied sectors put up a spectacular performance with an annual growth of 3.4 per cent while the economy contracted by (-)7.2 per cent in 2020-21. In the farm-dependent population comprising cultivators and agricultural labourers, those involved in dairying and livestock constitute 70 million. Moreover, in the total workforce of 7.7 million engaged exclusively in raising of cattle and buffalo, 69 per cent of them are female workers, which is 5.72 per cent of the total female workforce in the country, of which 93 per cent live in rural areas. Unpaid female family labour supplies a major part of the labour requirement for milk production. ...

Govt. Policies

PM Kisan Yojana Double Benefit: Register Before June 30 and Get Rs. 4000edit

Krishi Jagran – Online

PM Kisan Yojana: So far, more than 9 crore farmers have been registered under Pradhan Mantri Kisan Samman Nidhi Yojana. The objective of PM Kisan yojana is to provide financial help to the farmers of the country. Besides PM Kisan yojana, there are many government schemes for the farmers. Recently, Prime Minister Narendra Modi had released the eighth installment of this scheme. Under this, Rs. 20 thousand crore were sent to the account of 9.5 crore farmers.

Over 15 Lakh Farmers in AP receives Rs 1820.23 crore under YSR Free Crop Insurance Schemeedit

Krishi Jagran – Online

Y S Jagan Mohan Reddy, Chief Minister of Andhra Pradesh, credited Rs.1820.23 crore to the bank accounts of 15.15 lakh farmers who lost their Kharif crop in 2020 under the ‘YSR Free Crop Insurance’ plan. The Chief Minister, while speaking on the occasion said that the government had taken on the responsibility of assisting farmers in difficult times and had thus introduced a free crop insurance policy that did not impose a premium burden on farmers.

He explained that the state government had overhauled the programme by paying the entire insurance fee, ensuring that all farmers participating in the e-crop platform receive their share of insurance straight from the company, with no middlemen involved.

Rajasthan Extends 5 percent Subsidy Scheme for Repayment of Long-term Agri Loansedit

Krishi Jagran – Online

The Rajasthan government has extended the duration for repayment of long-term agricultural loans from Primary Cooperative Bhoomi Vikas Banks under the five percent interest subsidy scheme till June 30,2021. As per the official statement, a proposal has been approved to allocate an additional budget of 9.45 crore for the extended duration of the scheme. Earlier the deadline was March 31, 2021, but now it is extended till June 30, 2021. But Chief Minister Ashok Gehlot has approved the proposal by the Cooperative Department under which five percent subsidy on interest is given to the farmers on repayment of regular instalment of long term loans from Primary Cooperative Bhoomi Vikas Banks.

Telangana government has reportedly decided to stop Rythu Bandhu this kharifedit

The Hans India – Online

The Telangana government has reportedly decided to stop extending crop input incentive under Rythu Bandhu to farmers during the ensuing Kharif season beginning from June. There are more than 50 lakh beneficiaries under this scheme. This decision has been taken as the second lockdown had badly impacted the revenue generation. The government is likely to pay the same along with the second installment, which is to be paid in November before the beginning of the Rabi Season.

Monsoon + Indian Agriculture

Monsoon to arrive early in Kerala: IMDedit

Hindustan Times – Online

Conditions are favourable for the onset of monsoon in Kerala around May 31, a day ahead of its usual date, India Meteorological Department (IMD) said on Thursday. IMD scientists said the very severe Cyclonic Yaas, which ravaged Odisha and West Bengal coasts on Wednesday, helped strengthen monsoon winds.The monsoon season is crucial for summer crops and brings about 70% of India’s annual rainfall. It is critical to the country’s agriculture, which is one of the mainstays of its economy. The monsoon impacts inflation, jobs, and industrial demand. Good farm output keeps a lid on food inflation. Ample harvests raise rural incomes and help inject demand into the economy.

Tractor industry

The South Asian agricultural equipment market is projected to expand at an impressive CAGR of around 9% over the forecast period of 2021-2031.edit

Bollyinside – Online

Utilization of agricultural equipment has witnessed significant increase for gardening and horticulture applications, in addition to farming activities. Increasing mechanization has been attributed as a key driver for the sales and utilization of agriculture equipment in South Asia. Tractors are identified to lead the agriculture and farming domain, where as lawn movers are identified as the prominent equipment for use in gardening and landscaping applications. Subsidies announced by governments as well as financing schemes by OEMs are aiding low-to-middle income famers in the procurement agriculture equipment. Over the coming years, the tractor segment is expected to hold a considerable share in the South Asia market.

E-tractor startup Cellestial valued at Rs 255 croreedit

Siasat Daily – Online

E-tractor startup Cellestial has been valued at Rs 255 crore and raised about Rs 3.65 crore in pre-series A fundraise. High net worth individuals from Canada with links to agriculture, commercial banking and wealth management have participated in the first round of funding. Siddhartha Durairajan, Founder and CEO of Cellestial, said the unique selling proposition of e-tractor is affordable pricing, path-breaking battery technology and torque. “It has a very low operating cost. We plan to introduce our affordable tractors in the global market next year,” he said. Cellestial will start shipping units to early buyers and dealers in India this year followed by Canadian and Mexican pilot markets.

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