Media Monitor
Agriculture Industry
Govt of Assam committed to promote an enabling agriculture enterprise ecosystem in the state: Dr. Ashish Bhutaniedit
The Economic Times – Online
Dr. Ashish Bhutani, State Project Director of Assam Agribusiness and Rural Transformation Project (APART) said that Government of Assam is committed to promote an enabling agriculture enterprise ecosystem in the state. Assam Agribusiness Growth Lab, an APART led acceleration program in partnership with CIIE.CO, IIM Ahmedabad’s incubator, completing its inaugural cohort, successfully staged “Pitching & Demo Day” on Friday. The Demo Day was a coming together of stakeholders, government agencies, financial bodies, investors, buyers with the AAGL entrepreneurs in focus. Industry stalwarts present were from DIC, NEDFi, NRL, NABARD, HDFC bank NSE -2.64 %, North East Small Finance Bank, CII, FINER, SELCO Foundation, Department of Fisheries, Department of Agriculture, ARIAS Society, World Veg, World ...
Double whammy: Both farmers and consumers hit by high pricesedit
The Economic Times – Online
Food import bills will reach a record high this year and food markets are likely to tighten around the world, according to a glum new forecast by a U.N. food agency. The Food Outlook, issued twice a year by the Food and Agriculture Organization, also found that “many vulnerable countries are paying more but receiving less food” in imports. The report issued Thursday by the Rome-based agency noted that developing countries are reducing imports of cereals, oilseeds and meats, reflecting their inability to cover the price increases. The forecast cited “soaring input prices, concerns about the weather, and increased market uncertainties stemming from the war in Ukraine,” which has seen millions of tons of ...
Dairy Farming
Dairy cos to further hike prices in first half of FY23: reportedit
Mint – Online
Milk prices could remain high in the current financial year on account of the high global prices of skimmed milk powder and cattle feed. This could prompt dairy companies to hike prices further in the first half of the financial year, analysts at ICICI Securities said in a note on Friday. “All the dairy companies under our coverage have taken some price hikes—5% to 8%. However, rising milk procurement prices remain a key concern. We expect all dairy companies to take further price hikes in H1FY23E,” analysts said in a note on the dairy sector. High demand for milk led by increasing out-of-home consumption of such products and the opening up of channels such as hotels ...