Media Monitor
Agriculture Industry
Rabi sowing expands for third year in a row: Govt data on impact of Covidedit
Hindustan Times – Online
The cultivated area under rabi or winter-sown crops has expanded for the third straight year, driven by a record jump in oilseeds, whose domestic output the government has sought to increase to cut expensive imports, according to official data that showed little impact of the third Covid wave on the farm sector. Broader sowing patterns, as rabi sowing nears completion, also point to a positive trend, analysts said. Winter wheat and rice, which India produces in excess, showed a decline, while scarce oilseeds, such as rapeseed and mustard, registered a record increase in area. Agriculture contributes nearly 17% to the country’s gross domestic product but employs nearly half of all Indians, making it a critical ...
Expedite agriculture infrastructure projects, CM YS Jagan Mohan Reddy asks officialsedit
The New Indian Express – Online
Emphasising the need to expedite agriculture infrastructure projects in the State this year, Chief Minister YS Jagan Mohan Reddy on Monday asked the officials to ensure all those projects are available for agriculture and allied sectors at the earliest.Reviewing the progress of the works taken up for strengthening the agriculture infrastructure, the Chief Minister stressed that change should be visible and all the works including construction of warehouses should be put on a fast-track.
Budget
Budget 2022 | Steps for rural, agriculture and EVs to benefit auto sectoredit
Money Control – Online
The announcements by the Government of India in Budget 2022 will revive consumption through employment generation, investment in infrastructure development, and rural economy. This augers well for the auto sector which has been passing through COVID-19-related headwinds for almost three years. The Budget proposals are also majorly favourable for the electric vehicle (EV) segment. The auto sector was adversely impacted by the sudden and severe onset of the second wave of the pandemic in Q1 FY2022, which derailed the demand recovery momentum that had started gaining steam from H2 FY2021. While demand across certain segments was recovering subsequent to dip in infection rate, the industry prospects got impacted by factors such as consistent increase in ...
Decline in Budget allocation for agriculture disappointed many: Devegowdaedit
Business Standard – Online
Former prime minister and JDS leader H D Devegowda on Monday raised his concerns over the “decline” in the overall allocation for agriculture in the Budget and said it has disappointed those expecting an increase in the outlay for the sector. Replying to the motion of thanks on the President’s speech, he said the government’s promise to double farm income by 2022 has no mention in the Budget. “The allocation (for agriculture) out of the total Budget for FY 2022-23 has declined by 3.8 percent,” Devegowda said and alleged that an appeal to remove GST from all farm inputs was left unheard.
Farm Mechanization
Best Agricultural Tools: Improve Your Farm Efficiency With These amazing Toolsedit
Krishi Jagran – Online
Agricultural technology and tools have been utilized to reduce human labor and, as a result, attain the highest levels of efficiency and production that could not be accomplished with limited manpower. Amusingly, these devices may be used interchangeably and are reasonably priced. These farming implements are reasonable, so purchasing them is not a major issue.
Combine HarvesterThe modern combine harvester is multipurpose equipment capable of harvesting a wide range of crops. They combine all harvesting activities, such as reaping, threshing, and winnowing, into a single operation. Wheat, oats, barley, corn, and other crops are often harvested with a combined harvester. The combine harvester saves farmers a significant amount of labor.
Tractor industry
India’s 1st Electric Tractor Will Be Exported To This Country: Who Are The Makers?edit
Trak.in – Online
Hyderabad based Cellestial E-Mobility are producers and manufacturers of India’s 1st every electric tractor. They launched their electric tractor in March 2020, and have received more than 1800 confirmed bookings for the same. Now, Cellestial E-Mobility have inked a pact with Mexican company, Grupo Marvelsa, for marketing and distribution of their electric tractors. Founder & CEO, Cellestial E-Mobility, Siddhartha Durairajan, said “We found tremendous strategic and International marketing synergy with Grupo Marvelsa, besides, export sales. Further, we are exploring to leverage Mexico’s manufacturing power to produce our e-tractor and sell to the local market as well as create a base to serve North-American eTractor markets.”
Export Of Tractors At An All-Time High; Sees A Growth Of Almost 72% Since 2013edit
Pragativadi – Online
India’s export of Tractors rose by more than 72 % to USD 1025 Million during April-December 2021 compared to USD 594 Million during April-December 2013. The major destination for export of tractors is U S A (25.2%), Nepal (7.3%), Bangladesh (6.5%), Thailand (5.4%) & Sri Lanka (5.3%). The Economic Survey 2017-18 stated that Indian tractor industries have emerged as the largest in the world and account for about one-third of total global tractor production. Budget 2022 proposed to phase out the concessional rates in capital goods and project imports gradually. This is another step towards creating level playing field for domestic manufacturers and capacity creation in the sector which includes tractors.