October 27, 2021

Agriculture Industry

Agri-tech startup DeHaat raises $115 million led by Sofina, Lightrock Indiaedit

The Economic Times – Online

Full-stack agri-tech platform DeHaat has raised $115 million in its Series D round, led by Belgium-based investment firm Sofina and Lightrock India. Singapore government investment fund Temasek also co-invested in the round with participation from existing investors, Prosus, RTP Global, Sequoia Capital India and FMO, a senior company executive said. The Delhi-based startup has so far raised $157 million, including the latest round, Shashank Kumar, cofounder and CEO of DeHaat, told ET.

Govt. Policies

Govt. To Set Up 328 Agricultural Machinery Banks That Will Provide 80% Subsidyedit

Krishi Jagran – Online

There is wonderful news for the farmers. The Bihar Government will establish 328 agricultural machinery banks in 13 districts across the state. In addition, 25 Special Custom Hiring Centers would be established in the Patna and Magadh districts. The government would provide 80 percent subsidy on the equipment under both the schemes. However, the maximum grant amount has been set at Rs.8 lakh for Yantra banks and Rs.12 lakh for special banks. Both the schemes, according to the information, will begin during the Rabi season. During the Rabi season, 40 thousand farmers would be exposed and given technical training. By accompanying them to the field, these farmers will be shown the continuing schemes in climate-friendly farming. When Chief Minister Nitish ...

Stubble Burning

A win-win solution?edit

Millenium Post – Online

The Government of India has made it mandatory for thermal power plants in three categories to use a five per cent blend of biomass pellets and coal. The policy will come into effect in October 2022, with a requirement to increase the blend to seven per cent within two years for two categories of plants. The co-firing policy will be in effect for 25 years or till the useful life of the thermal power plant, whichever is earlier. India’s economy is on the path to recovery since the second wave of the pandemic. The first half of October saw a 4.9 per cent increase in electricity consumption compared to September.

Delhi: Why you must brace for peak of farm fire impactedit

The Times of India – Online

 An analysis of data from the Union earth science’s forecasting body System of Air Quality and Weather Forecasting And Research (SAFAR) determined that the share of stubble burning in Delhi’s PM2.5 is highest between October 29 and November 15. The data shows that the highest proportion of farm-fire emissions in Delhi’s PM2.5 level on a single day was 58% in 2018, 44% in 2019 and 42% in 2020. During the peak season, the single-day contribution varies between 20% and 30%.

Stubble burning: Rain plays spoilsport in Delhi govt’s biodecomposer plansedit

The Indian Express – Online

Rain has delayed spraying of the Pusa decomposer in Delhi, and left fields wet and waterlogged in some places, even as the capital recorded two instances of stubble burning this month. The decomposer solution, meant to help with decomposition of crop residue after the kharif harvest, was to be sprayed on around 4,000 acres out of 14,000 acres of paddy field in Delhi. Around 30% to 35% of this figure has been covered, according to A P Saini, Joint Director, Agriculture. Rainfall, particularly the wet spell on October 18, left some fields waterlogged and others too moist to run a tractor over, even as wheat sowing season is near, officials in the north and ...

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