Media Monitor
Competition
Fueled by demand, M&M to set up first tractor plant in decade in Mohaliedit
Business Standard – Online
Mahindra & Mahindra (M&M) is setting up a greenfield tractor plant in Mohali near Punjab. Fueled by a strong domestic demand, the expansion is the first in a decade by the world’s largest tractor maker. In 2012, the company had set up a facility at Zaheerabad in Telangana. The demand for tractors in the world’s largest market has seen a sharp 44 per cent jump year-on-year in the first two months of 2022-23, after some moderation in growth in 2021-22. M&M, which controls 40 per cent of the market, is leading the growth chart. “We have grown faster than the industry in the last two months. To further our overall capacity, we are setting up ...
Technology in Agriculture
Karnataka launches software for farmer schemes to expedite delivery of sopsedit
Financial Express – Online
To ensure that the farmers get easy access to benefits distributed under various government schemes, the Karnataka government has launched software for Aadhar-based, single-window registration for the schemes. The state departments of agriculture, horticulture, animal husbandry, revenue, food, civil supplies and fisheries departments of the state government are covered under the initiative. The Farmer Registration & Unified Beneficiary Information System or FRUITS software, facilitates single registration using an Aadhar card and Karnataka’s Bhoomi digitised land record system for authenticating ownership. Through the creation of single digital identification through FRUITS, farmers can access benefits of hosts of schemes such as Direct Benefit Transfer under PM Kisan, payment for Minimum Support Prices (MSPs) for crops, special financial ...
Govt. Policies
Pre-paddy season: New scheme to regularise higher load tubewell motors without penalty feeedit
The Indian Express – Online
Punjab State Power Corporation Limited (PSPCL) has introduced Voluntary Disclosure Scheme (VDS) for Agriculture Tubewell (AP) ahead of the paddy sowing season so that farmers can use more powerful motors to pull water from the low groundwater reserves in the state. The scheme – it will be applicable for all existing consumers from June 10 onwards – will regularise higher power loads and allow farmers to extend their tubewells. Earlier in February, farm union leaders had demanded to be allowed to extend their tubewells during a farm year, and have welcomed this move. Farmers covered under this scheme and who have increased their power loads without clearance by PSPCL will not be levied any ...