Media Monitor
Agriculture Industry
Russia-Ukraine conflict: India worried about impact on India’s farming sector, says finance minister Nirmala Sitharamanedit
The Economic Times – Online
India is more worried about the impact caused by the standoff between Ukraine and Russia, particularly on its exports, Finance Minister Nirmala Sitharaman said on Monday. Interacting with industry captains at an event here, Sitharaman said the Centre was seized of the matter and discussions were on between Ministries for a “complete assessment” on the issue. “On the larger issue of the situation prevailing in Ukraine and about India’s position in the UN Security Council and so on. It is widely open and I went through the press releases and press commentaries which the External Affairs Ministry is making,” she said. Voicing concern over the country’s imports and exports from Russia and the war-torn ...
Farm sector projected to grow at 2.6% in Q3FY22, down from 4.1% a year agoedit
Business Standard – Online
India’s farm sector growth in the third quarter of FY22 is pegged at 2.6 per cent at constant prices, down from 4.1 per cent during the same period last fiscal despite a bumper kharif harvest, and is largely due to the effect of a higher base. The full year Gross Value Added for the sector as per the second advance estimate is now projected to be 3.3 per cent at constant prices as against 3.9 per cent in the first estimate, while growth at current prices for the full FY-22 is now expected to be 9.8 per cent as against 9.1 per cent in the first estimate. Meanwhile, at current prices growth is projected to ...
Competition
Escorts tractor sales fall 45% YoY in Feb’22edit
Business Standard – Online
The company’s total tractor sales declined by 45.6% YoY to 6,114 units in February 2022 from 11,230 units sold in February 2021. Domestic tractor sales in February 2022 stood at 5,686 tractors in February 2022 as against 10,690 tractors sold in February 2021, registering a decline of 46.8% year on year. Escorts said the tractor industry wholesales continued to remain subdued in February 2022, due to high base of last year, steep price increases due to higher inflation in commodity prices impacting retails and above normal inventory levels with the channelMeanwhile, export tractor sales in February 2022 was at 428 tractors in February 2022 against 540 tractors sold in February 2021, registering a decline of ...
Technology in Agriculture
Investments in Agri sector technology are stirring the pot for this traditional spaceedit
Financial Express – Online
In the last 18-24 months, the Agri technology sector has seen large investments focussed on transforming this traditional sector. Historically, the sector witnessed a handful of funding transactions in a year, with most of the investments in conventional segments like agrochemicals, water and irrigation companies, animal health companies and dairy companies. Over the last couple of years, there has been an exponential flow of investments in the agri-tech sector, which is transforming the industry completely. In the last few months, both the frequency and ticket size of investments in the Agri sector has increased. We have tabulated below a summary of the top 5 investments by venture capital funds in the sector in the last ...
Monsoon + Indian Agriculture
Climate Action Series: Warming Up to Climate Action – Agriculture and Buildingsedit
ET Energyworld – Online
According to the Economic Survey 2021-22 (ES), the agriculture sector was the least affected by the pandemic in terms of output. The sector’s expenditure allocation in the Union Budget 2022-23 has increased marginally (~5% higher than the revised estimate for 2021-22), with an emphasis on promoting digital and high-tech farm services and agro-based start-ups. There has been no direct reference to the promise of doubling farmers’ income by 2022, but the use of crop residues in thermal power plants or for biofuel production could have an impact. Agriculture is a vast sector with a variety of players. Here we focus on the sector’s emissions and energy demand. Direct greenhouse gas (GHG) emissions from agriculture come ...
Paddy in India
Paddy procurement reaches 707.24 lakh tonne in 2021-22 season: Food Ministryedit
The Economic Times – Online
The Centre has procured 707.24 lakh tonne of paddy in the ongoing 2021-22 marketing year so far at the minimum support price (MSP) from over 96 lakh farmers across the country, the Union Food Ministry said on Monday. “Till now, about 96.41 lakh farmers have been benefited with an MSP value of Rs 1,38,619.58 crore,” the ministry said in a statement. A quantity of 707.24 lakh tonne of paddy has been procured till February 27 of the ongoing 2021-22 marketing year, it said. Out of the total procurement undertaken so far, maximum of 186.85 lakh tonne of paddy has been procured from Punjab, followed by 92.01 lakh tonne from Chhattisgarh, 70.22 lakh tonne from ...
Stubble Burning
फसल अवशेष (पराली ) जलाने से होता है हानिकारक प्रदूषकों का उत्सर्जन – डॉ. मिश्रedit
Krishi Jagat – Online
खरपतवार अनुसन्धान निदेशालय ,जबलपुर में वर्ष 2012 से जबलपुर और इसके करीबी जिलों में संरक्षित कृषि आधारित फसल चक्र में खरपतवार प्रबंधन की तकनीकों का प्रदर्शन किया जा रहा है। निदेशक डॉ जे एस मिश्र ने इस आलेख में फसल अवशेषों की जलाने से होने वाले नुकसान का जिक्र कर संरक्षित कृषि को लाभकारी और पर्यावरण हितैषी बताते हुए इसे अपनाने को समय की मांग बताया है। दीर्घावधि अवधि अध्ययन के डराते आंकड़े – प्रायः देखा गया है कि धान की कटाई कम्बाईन मशीन द्वारा की जाती है, जिसमें फसल अवशेष एक कतार में पीछे छूट जाते हैं , जिनका निस्तारण मुश्किल से होता है। कटाई के बाद किसान अगली फसल की जल्दी बुवाई करने ...