Media Monitor
Agriculture Industry
First Indian Agri Company “nurture.farm” Successfully Generates 20,000 Carbon Credits For Methane Reductionedit
Krishi Jagran – Online
On Monday, nurture.farm, a digital platform for sustainable agriculture, claimed to be the first firm in India to generate and forward-sell agricultural-related carbon credits. 20,000 carbon credits for methane reduction have been generated by the company’s alternate wetting and drying and dry seeded rice (AWD-DSR) project. The AWD-DSR project, which employed 2,500 small-holder farmers and covered 22,000 acres of paddy fields, is an important aspect of nutrure.farm’s objective is to transition farmers to sustainable agricultural techniques and decrease the environmental effect of rice cultivation. The project’s benefits comprised water savings of 15-30%, according to a statement from the firm. Another 1.2 lakh carbon credits are being processed through crop residue management (CRM), a programme that ...
Factoring In: MSP no longer the mainstay of Indian agricultureedit
Financial Express – Online
The gross value output (GVO) of the agriculture sector nearly doubled from Rs 19 trillion in FY12 to Rs 37.2 trillion in FY19, at a compound CAGR of 10%. There is, however, wide variation in the growth of the various sub-sectors. While crops grew from Rs 8.1 trillion to Rs 12.5 trillion in the same period, other sub-sectors grew faster. The share of crops in the composition of the agriculture sector is steadily decreasing. In FY12, crops GVO was Rs 8.2 lakh crore, amounting to 43% of the agri-sector GVO; this had fallen to 33.8% by FY19. In fact, crops had the lowest CAGR among the major groups (6.3%), compared to fruits and vegetables (11.2%), ...
Competition
Mahindra Group Raises Stake in Ag-Tech Startup Carnot to 69%edit
Krishi Jagran – Online
Mahindra Group has increased its stake in Carnot Technologies, an agricultural technology startup, to roughly 69 percent. The group has also reaffirmed its commitment to creating India’s largest ecosystem of digital products and solutions through Krish-e, the group’s farming as a service vertical. As part of the round, an appealing ESOP pool for future employees was created. Talking about the investment Sr. Vice President of Farm Equipment Strategy and Head Krish-e Ramesh Ramachandran said “This investment signals our strategic commitment to Carnot. They have been at the forefront of building for Bharat and innovating specifically for farmers.” “Since our last investment in late 2020, they have been our partner in leading the digital product and ...
Paddy in India
Not FCI, other States buy most of Telangana’s paddyedit
The New Indian Express – Online
While the TRS and the BJP have been passing the buck on paddy procurement to each other, the ground reality is that it may not be a worrisome factor for the farmers. Official data shows that while 1.64 crore tonnes of paddy was produced in Kharif 2021-22, 70.22 lakh tonnes was procured by the FCI from Telangana. This means that only 42.62 per cent of the total paddy from the State was procured by FCI in the last Kharif marketing season. According to the marketing intelligence centre at Professor Jayashankar Telangana State Agricultural University, many traders from neighbouring States like Kerala, Tamil Nadu and Karnataka had procured paddy from Telangana in Kharif. This ...
Telangana delegation for Delhi to demand paddy procurementedit
Siasat Daily – Online
A delegation of Telangana ministers on Tuesday left for Delhi to meet the Central food and public distribution minister Piyush Goyal to demand that the Centre procure entire paddy from the state during Rabi season even as the Union Minister alleged that the state government is not cooperating. A day after Chief Minister K. Chandrasekhar Rao made the demand, the ministerial delegation left for the national capital. Four ministers headed by minister for agriculture S. Niranjan Reddy along with Telangana Rashtra Samithi (TRS) MPs will call on the central minister Goyal to procure the entire expected yield of 30 lakh tonnes during Rabi season. The Chief Minister has warned the Centre of a massive protest ...
Stubble Burning
Ex-situ utilization of paddy straw, important strategy to control stubble burning: CAQMedit
Devdiscourse – Online
The Commission for Air Quality Management in NCR & Adjoining Areas (CAQM) convened a meeting with in-charges/ representatives of 11 Coal-based TPPs located within 300 km radius of Delhi to review compliance of the Commission’s Statutory Direction No. 42 issued last year and take stock of the progress of Biomass Co-firing / Tendering in Thermal Power Plants (TPPs). A summary of biomass usage and tender status in the TPPs, National Mission on Use of Biomass in Thermal Power Plants were presented before the Commission. During the review, the Commission noted that the progress towards co-firing and tendering by the TPPs is not up to the desired levels. Further, the plants in-charges/ representatives of the identified 11 ...