December 16, 2021

Agriculture Industry

Pre-budget consultation: Agri experts for MSP based on realistic costedit

Business Standard – Online

Farmer organisations and agri experts on Wednesday pressed for MSP based on realistic cost of production, higher subsidies on diesel and allowing new technologies like genetically modified organisms (GMOs) in their pre-Budget submission to the finance ministry. Ministers of State for Finance Pankaj Chaudhary and Bhagwat Karad held the first pre-Budget consultations with representatives of agriculture and agro processing industry through virtual mode. In order to achieve the target of doubling farmers’ income, Consortium of Indian Farmers Associations (CIFA) Chief Adviser P Chengal Reddy said the government should increase priority sector lending to agriculture by 25 per cent. He suggested that the Commission for Agricultural Costs and Prices, which is the government’s advisory body on ...

Pre-budget consultation starts with agriculture and agro-processing industryedit

ThePrint – Online

Finance Ministry started the pre-budget consultation on Wednesday. The first consultation was held with the representatives of the agriculture and agro-processing industry. Union Minister of State for Finance Pankaj Chaudhary and Minister of State for New & Renewable Energy, Chemicals and Fertilizers, Bhagwanth Khuba jointly held the consultation through video conferencing. Finance Minister Nirmala Sitharaman was unable to attend the meeting due to her engagement in Parliament. Ramesh Chand, Member, Niti Aayog, Ajay Vir Jhakar, Chairman, Krushak Samaj, and other representatives from Agriculture and Agro-processing industry gave their valuable suggestions for the Union Budget 2022-23. Jakhar said the Government needs to design a robust pre-budget consultation process and system to have beneficiaries assess programmes to enable ...

CLAAS Global Mentions

Claas of America Introduces Used Equipment Programedit

Farm Equipment – Online

Claas of America announces Claas Used, a pre-owned equipment program for North America that combines the performance and efficiency of a Claas machine, with professionally inspected and protected “Certified” units and special low-rate financing through Claas Financial Services. Supply chain disruptions and financial constraints have affected many growers across North America. Now, growers can get the right Claas equipment — from combines and tractors to forage harvesters and hay tools — at a price that fits their operation. The Claas pre-owned equipment can be accessed through CLAASUsedEquipment.com. “Every operation has different equipment needs, but today’s business-minded ag professional should not have to compromise on efficiency or the bottom line,” says Allen Miller, North American remarketing ...

Claas revenues rise by almost 20%edit

Agriland – Online

Claas, one of the world’s most well-known manufacturers of agricultural machinery, increased its revenue in the 2021 fiscal year by 19% to €4.8 billion. Pre-tax earnings rose to €357 million, compared to €158 million the previous year. Thomas Bock, Chair of the Claas Group executive board said: “Claas managed to achieve growth despite the supply-side bottlenecks and the pandemic. “We even registered a double-digit rise in revenue and a significant improvement in profitability across all world regions.” The drivers of last year’s growth in North America and eastern Europe have been joined by the core markets in western and central Europe, including Germany and France, which are important for Claas, according to the company. The United ...

Paddy in India

Paddy procurement begins in 214 centresedit

The Times of India – Online

Paddy procurement for this year’s kharif season began across 214 minimum support price (MSP) centres in the state on Wednesday. State food and civil supplies minister Rameshwar Oraon and state agriculture minister Badal Patralekh were present for the formal launch on the outskirts of the city in Namkum. On day one, about 15,813 quintals were procured from the farmers against which direct benefit transfer of payments to the tune of Rs 1.53 crore to farmers have been initiated, officials said. This year, the government has set a target of procuring 8 lakh MT paddy, which is 2 lakh MT more than the previous year’s target. Like last year, this time, too, the government ...

Stubble Burning

Crop stubble burning: Lessons from SIAM-CII’s new initiativeedit

Business Today – Online

Crop stubble burning” has become an annual recurrence and is intensely debated as one of the key factors leading to the alarming fall in air quality in northern India particularly in Delhi NCR. It is the practice of burning the residues and stubble of the paddy crop after harvesting as the farmers are in hurry to clear their fields for the next sowing cycle. In winters, as the air is heavier with minimal speed of winds the adverse impact of smoke from the paddy crop residues travelling hundreds of kilometres from the fields of Punjab and Haryana, is more diabolical leading to a health emergency. There are other contributors to air pollution like construction dust, ...

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