Media Monitor
Agriculture Industry
Govt procures 187.8 lakh tonnes of wheat so far at MSP costing Rs 37,852 credit
Business Standard – Online
Food Corporation of India (FCI), the nodal agency for procurement and distribution of foodgrains, has purchased 187.86 lakh tonnes of wheat so far at Minimum Support Price (MSP) for Rs 37,852.88 crore. Wheat procurement starts from April. “Wheat procurement under the central pool in Rabi Marketing Season 2022-23 is going smoothly. Up to June 26, a quantity of 187.86 lakh tonnes of wheat has been procured, benefiting about 17.85 lakh farmers with MSP value of Rs 37,852.88 crore,” an official statement said on Monday. The Rabi Marketing Season (RMS) runs from April to March, while the Kharif Marketing season (KMS) runs from October to September. Wheat procurement target has been revised downward to 195 lakh ...
The winds of climate change are changing the fortunes of Indian farmersedit
Business Insider India – Online
Indian monsoons have been erratic to say the least. While Assam received too much of it, Jharkhand has received around half of what it’s due. What has caused this? The easterly winds that bring monsoon to Northwest India have been absent in June – leading to a dry spell in North India. Instead of bringing these rains to the North, the clouds drifted to Northeast India, leading to floods. “Easterly winds, which are responsible for bridging monsoon rains, have been completely absent so far in June. We are witnessing southwesterly winds, which have taken rains from Odisha, West Bengal and Jharkhand to Northeast India,” said Dr R K Jenamani, senior scientist, National Weather Forecast ...
India is Seeking a New Standard for Agriculture Subsidiesedit
Krishi Jagran – Online
According to official sources, India has asked the World Trade Organization (WTO) to revise the almost three-decade-old external reference prices of agricultural commodities that are used by the WTO to determine current domestic farm subsidies granted by developing countries. While there was no progress on these concerns, WTO’s recently finished 12th ministerial, as the attention was diverted to negotiations on reducing fisheries subsidies and a patent waiver for Covid vaccines, the global organization is expected to take up these matters soon at its agricultural meetings. “These problems would be raised at every chance by India and other like-minded nations at the WTO,” one of the officials said. These countries mostly include the G-33 and other ...
Budget
Punjab budget: Bhagwant Mann govt allocates ₹11,560 crore for agriculture sector. Big announcementsedit
Hindustan Times – Online
The Bhagwant Mann government in Punjab on Monday presented its first budget after coming to power in the state. During his budget speech, finance minister Harpal Singh Cheema announced a budgetary allocation of ₹11,560 crores for the agriculture sector. The Punjab government’s budget announcements for the development of agricultural sector include budgetary allocations for solving the stubble burning issue, free power to agriculture tubewells etc. Punjab Budget 2022: Full coverage Here are the top announcements for farmers in the Punjab budget 2022: 1. Punjab finance minister Harpal Singh Cheema announced a budgetary allocation of ₹200 crore for solutions to stubble burning, a major environmental issue in Punjab and neighbouring states. 2. The Punjab finance minister ...
Monsoon + Indian Agriculture
Blessing in disguise: Timely rainfall ends irrigation woes, saves paddy crops in Kashmiredit
The Kashmir Monitor – Online
Dry weather coupled with the lack of irrigation water for more than two weeks had started affecting his paddy saplings. He had decided to replace paddy with maize. Last week’s rainfall, however, came as a respite. His paddy field received the required water which breathed life into the saplings. “In Shangus, paddy crop was drastically affected. Even some of the farmers didn’t sow paddy after witnessing a drought-like condition. The timely rainfall has irrigated our fields,” he said. Farmers in Kashmir have heaved a sigh of relief as the recent heavy rains broke the drought-like situation and ended irrigation woes. Officials at the agriculture department said that the irrigation woes have ended across the ...
Paddy in India
How much Kharif paddy will Centre buy: T Harish Raoedit
The New Indian Express – Online
Finance Minister T Harish Rao dared the BJP national leaders to spell out how much Kharif paddy the Central government would buy before they arrived in Hyderabad for the two-day national executive meeting of the saffron party scheduled to begin on July 2. He said that the Central government was deliberately creating problems for the Telangana government and the people by being cagey about figures of procurement. “The Centre is not procuring even raw rice. This is unfair,” he said. Harish taunted BJP leaders asking whether they would tell the people that they were against releasing funds to the State. He said that though Niti Aayog had recommended releasing of `24,000 crore to ...
PSPCL meets record demand of 14,000 MW amid peak paddy seasonedit
Hindustan Times – Online
With paddy sowing in full swing in Punjab, Punjab State Power Corporation Ltd. (PSPCL) on Monday for the first time met the record maximum power demand of 14,070 MW in the state without any shortage. It’s almost 1,000 MW more than the last year’s peak demand. Last year, PSPCL had successfully met the demand of 13,148 MW during the paddy season in the month of July. Now, the power demand has increased almost 20 percent, while the peak demand is expected in the months of July and August. The power demand in the state has been rising for the last four days and hovering over 13,000 MW during day time. PSPCL supplied a record 3,102 ...