Media Monitor
Agriculture Industry
Nabard sanctions financial assistance of Rs 4,013cr for Odishaedit
The Telegraph – Online
The National Bank for Agriculture and Rural Development has sanctioned financial assistance of Rs 4,013 crore to Odisha, the highest in the country, for critical rural infrastructure development under the Rural Infrastructure Development Fund during 2021-22. In a press release, the Nabard said: “During the year, major thrust has been given to the improvement in the rural connectivity sector in the state (RIDF assistance of Rs 2,568 crore constituting around 64 per cent of total sanction of the state) through construction of rural roads and bridges.” These projects are expected to benefit more than 10 lakh people in the state by way of creating and upgrading the road and bridge length of 2,000 km and ...
Agriculture Equipment Worth Rs 1.98 Crore Distributed to Small & Marginal Farmersedit
Krishi Jagran – Online
At an event hosted by the Regional Agriculture Department on Sunday (20 March 2022), Tamil Nadu Tourism Minister Dr M Mathiventhan handed over agricultural goods and equipment worth Rs 1.98 crore to farmers in the district. The minister told the crowd that the department of agricultural and farmers’ welfare had identified small and medium farmers in the district who would benefit from modern machinery to increase crop yield. “This will help farmers save money while still getting the best outcomes.” The farmers’ organizations, according to the minister, were founded with the goal of bringing about improvements in the agricultural sector. There are 1,460 farmer’s groups in the district, with 33 new ones created this year. ...
Budget
Farmer’s Union say Tamil Nadu Agri Budget is a Mix of Welcome Initiatives & Disappointmentsedit
Krishi Jagran – Online
Farmers’ group representatives described the Tamil Nadu agriculture budget for 2022-23 as a combination of welcome initiatives and disappointments on Saturday. While they are pleased that the Agriculture Minister has agreed to many of their ideas during the pre-budget meetings, they are concerned that the paddy and sugarcane support prices have yet to be increased. Farmers’ organization representatives believe that even though funding for many initiatives is limited; the government has recognized the requirements of farmers at the grassroots level. Tamil Nadu Cauvery Delta Farmers Association General Secretary PR Pandian remarked, “The budget has addressed issues at the district level and made contributions to previously unfunded programs. It’s great that the budget prioritized organic farming.” ...
CLAAS Global Mentions
Torion loader range from Claas gains smaller siblingedit
Agriland – Online
Activity at the lower end of the dedicated loader market is hotting up as Claas introduces a new model in the Torion range of compact loaders. This latest machine to hit the showrooms is the Torion 530, powered by a 2.2L, 45hp engine from Yanmar. The hydraulic system delivers 61L/min at 230 bar and enables an articulated tipping load of 3,000kg. Lifting height to the bucket pivot point is 3.18m, which allows bucket loads to be dumped over heights of up to 2.82m, while maximum reach is 1.46m. The hydrostatic drive has two speed levels giving a maximum road speed of 20km/h. The company has also updated the larger Torion 535 and 639 models. Improvements include ...
Govt. Policies
Maharashtra govt announces Rs 600 cr financial package for paddy growersedit
The Free Press Journal – Online
In a relief to the paddy growers (dhan) in Maharashtra, Deputy Chief Minister Ajit Pawar on Monday announced a Rs 600 crore package assuring the state assembly that the funds will be released immediately. Pawar said the state government is mulling helping the farmers with the payment of money per acre instead of bonus so that the money goes directly to the farmers. Pawar was responding to the demand from the ruling and opposition members demanding the payment of bonus to the paddy growers which they said had not been paid yet. Shiv Sena MLA Vaibhav Naik and BJP legislator Sudhir Mungantiwar made a strong case for the continuation of payment of the ...
Monsoon + Indian Agriculture
Rise in Temperature Might Hit Wheat Yield in Punjab, Warn Agriculture Expertsedit
Krishi Jagran – Online
Farmers across the state of Punjab are concerned as the day and night temperatures have been rising in recent days, potentially reducing wheat yield this season. Moreover, some farmers stated that their power supply was inconsistent and insufficient. It’s worth noting that the wheat has to be irrigated at this point of the crop cycle. Wheat harvesting usually begins around Baisakhi in mid-April, however, because of the increase in temperature, wheat grains will mature earlier, resulting in a lower yield. Farmers were expecting a good crop until a few days ago because the weather was favorable. It was predicted that the temperature in March would be normal.
Paddy in India
Centre is ready to purchase paddy from Telangana: Piyush Goyaledit
The Hans India – Online
Minister of food and public distribution Piyush Goyal said that the centre is ready to purchase paddy from Telangana but the state government is not cooperating with it. The BJP MPs — Dharmapuri Arvind, Bapu Rao and Bandi Sanjay met union minister Piyush Goyal in Delhi on Monday.The MPs said that the TRS is making false accusations on the central government on paddy purchase. Enraged over the TRS remarks, the minister said that the centre was always ready to procure paddy of Yasangi season from Telangana. However, the government is not cooperating with the centre, he added.The Telangana government which assured to collect paddy from the farmers and hand over to the centre has ...
Tractor industry
Higher horsepower tractors get costlieredit
The Times of India – Online
The higher-end 50HP and above tractors will cost Rs 50,000-Rs 60,000 more come April as they transition to higher emission norms. According to ICRA, the top end of the tractor market will see a 6%-8% increase in prices due to the migration to new emission norms. “With these new norms, the CRDi engine comes into play and so the cost increase will be higher than when the industry transitioned to the current TREM III A emission norms ten years ago,” said Rohan Kanwar Gupta, VP & sector head, corporate ratings, ICRA. As a result of the price hikes, the tractor industry could take a hit on the sales front. “For FY21-22, the industry ...
Transition to new emission norms in tractor industry unlikely to be major disruptor: Icraedit
The Economic Times – Online
The transition to new emission norms in the tractor industry is unlikely to be a major disruptor as it would apply only to vehicles with engine capacity higher than 50 HP, impacting around 10 per cent of the overall industry volumes, according to ratings agency Icra. From April 2022, the new TREM IV emission norms will be applicable to tractors with engines bigger than 50 HP, while a big proportion of the overall industry of less than 50 HP will continue to be governed by TREM III A norms. At present, TREM III A emission norms are applicable for tractors across various horsepower (HP) categories in India and were implemented in April 2010/2011, Icra ...