Media Monitor
Competition
Domestic sales of M&M tractors fall 6% to 28,112 units in Marchedit
ET Auto – Online
Mahindra & Mahindra (M&M) on Friday reported a 6% decline in its domestic tractor sales to 28,112 units in March 2022. The company had sold 29,817 units in March 2021, M&M said in a statement. Total sales also dipped 4% to 29,763 units in March this year compared to 30,970 units in the year-ago month, it added. During the month under review, demand continued to remain muted with some recovery expected after the Rabi crop harvest. Agricultural demand has been subdued (seasonal), while commercial demand has been flat. Exports during the month, however, stood at 1,651 units, compared to 1,153 units in March last year, up 43%, the company said. According to M&M President – ...
Technology in Agriculture
Modern technologies driving agricultural growth, NARS develops 1956 High Yielding Varietiesedit
NewsOnAIR – Online
A major mass of India’s population is still dependent and practicing agriculture as their primary source of income. And this sector still contributes around 15-20% to the national GDP of the country. Since, agriculture also emotionally appeals to the masses, Indian government is always prompted to undertake policy measures including adoption of modern technologies to stimulate its growth. In recent years, the government has made taken several measures to boost agriculture like- improving access to credit and widening scope of crop insurance, setting up and enabling institutions to mobilize essential Agri services and new age technology production, empowering individual farmers through incentives like subsidies on input resources across the farming value chain and enhancing their social ...
Govt. Policies
Govt Plans to Launch a “Climate-resilient” Natural Farming Programme in Tribal Districtsedit
Krishi Jagran – Online
According to authorities, the Odisha government plans to launch a “climate-resilient” natural farming programme in tribal-dominated parts of five districts as a step toward sustainable agriculture. According to them, the initiative would be carried out in partnership with the Rythu Sadhikara Samstha (RySS), which was formed by the Andhra Pradesh government to adopt natural farming. “Natural farming would gain popularity among the people, particularly in tribal-dominated parts of Odisha, because the practice is highly consistent with traditional patterns,” stated Chief Secretary Suresh Chandra Mohapatra in a statement. He claimed that the process will lower production costs and result in the production of safe and nutritious food items. Natural farming is a diverse agricultural practice that ...
Madhya Pradesh government to give Rs 22,500 cr subsidy to power consumers, says energy minister Pradhumn Singh Tomaredit
The Free Press Journal – Online
Energy minister Pradhumn Singh Tomar said a subsidy of about Rs 22,500 crore will be given electricity consumers in the financial year 2022-23. Also, a total of are getting the benefit of subsidy. About 1.08 crore domestic electricity consumers and around 35 lakh agri-consumers are drawing subsidies in the state, said the minister. In the last financial year, a subsidy of about Rs 21,000 crore was given, said the minister. The chief minister had announced to waive off the entire outstanding amount of about Rs 6,400 crore till August 31, 2020, of the domestic electricity consumers affected by Covid. Agricultural consumers were to deposit only about 7% of the bill issued by the ...
Agriculture Minister Tomar Says 2,349 FPOs Formed In Last Two Years Under Central Schemeedit
Republic World – Online
About 2,349 Farmer Producers Organisations (FPOs) have been formed in the last two years under a central scheme launched in 2020, Agriculture Minister Narendra Singh Tomar said in Rajya Sabha on Friday. The government is implementing a new central scheme “Formation and Promotion of 10,000 FPOs” under which FPOs formed and promoted with the participation of farmers including small and marginal farmers will get various facilities. “During the last two years, 2,349 FPOs have been formed under the said scheme,” Tomar said in his written reply to the Rajya Sabha. So far, a total of Rs 410 crore has been released to respective Implementing Agencies under the scheme to form and promote FPOs. Further, in ...