Media Monitor
Agriculture Industry
Punjab’s crop diversification push fails despite good rates for spring maizeedit
The Indian Express – Online
Spring/summer season maize growers in the state are happy as they are fetching good rates for their crop, which is being sold around the MSP rate, in the market currently. But even this good rate of the crop is not enough to encourage the state’s farmers to increase the area under kharif maize, one of the major alternatives for the water-guzzling paddy in Punjab, the sowing of which starts in June along with paddy and ends by mid-July. Till June 27, the maize was sown only on 33,000 hectares (81,543 acres), which was almost half of the last year in the same corresponding period when 60,000 hectares (1.48 lakh acres) were brought under the ...
Competition
Mahindra & Mahindra tractors sales decline 13% in Juneedit
Business Standard – Online
Mahindra & Mahindra’s Farm Equipment Sector (FES) announced its tractor sales numbers for June 2022. Domestic sales in June 2022 were at 39825 units, as against 46875 units during June 2021. Domestic sales declined 15%. Total tractor sales (Domestic + Exports) during June 2022 were at 41848 units, as against 48222 units for the same period last year, recording a drop of 13%. Exports for the month stood at 2023 units, higher by 50% over June 2021. Powered by Capital Market – Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Dairy Farming
Karnataka Farmers Are Upset About the GST on Milk Productsedit
Krishi Jagran – Online
Karnataka farmers have vehemently objected to the GST Council’s decision to tax dairy items including lassi, curd, paneer, and buttermilk as well as farm machinery. Kurubur Shanthakumar, Head of the State Sugar Cane Growers Association, stated on Saturday that “the government has targeted the agricultural community and milk producers” despite not hiking the tax on gambling and racing. He claimed that in addition to taxing irrigation pumps, sprayers, and other agricultural equipment, the Union Government has broken its promise to farmers to implement the Swaminathan Committee report. Farmers are already struggling due to the collapse of produce prices, crop losses, and rising production costs. We have made the decision to file a protest with Union ...
GST on Dairy Products a ‘Death Warrant’ for Small Farmers, Say Farmers’ Organisationsedit
News Click – Online
Coming down heavily on introducing the Good and Services Taxes (GST) on dairy products, the farmers’ organisations on Saturday said that it would prove to be a “death knell” for small dairies and farmers who have been barely managing the rising input costs. Ashok Dhawale, President, All India Kisan Sabha said that recommendations of the 47th meet of the council to impose 5% GST on dairy products and increasing the tax rate from 12% to 18% on dairy machinery including the milking machines will affect over 9 crore households engaged in milk production. He said that the BJP is seeking centralisation of political authority and capital and the move remains in this direction. Talking to ...
Govt. Policies
PNB Mudra: Get Loan up to Rs. 10 Lakh in One Hour; Complete Details Insideedit
Krishi Jagran – Online
If you want to start your own business but don’t have sufficient funds for it then don’t worry as the government is providing loans up to Rs. 10 lakhs…. Pradhan Mantri Mudra Yojana or PMMY is a scheme introduced by Prime Minister on 8th April 2015 with the aim to provide loans up to 10 lakhs to non-corporate, non-farm small/micro-enterprises. These loans are known as Mudra loans under PMMY. Commercial Banks, RRBs, Small Finance Banks, MFIs & NBFCs provide these loans. Today in this article we will discuss about the features and benefits of PNB Mudra loan. Punjab National Bank (PNB) Mudra loan is provided to Micro Small Medium Enterprises (MSMEs) engaged in non-farm-based businesses ...
Monsoon + Indian Agriculture
Early monsoon rains disappear from Odisha sky, hit paddy farmingedit
Odisha TV – Online
It’s more than two weeks after the onset of the monsoon, rains seemed to have disappeared from the sky over most parts of Odisha. And thanks to this, paddy fields across the State, which would have by now worn a look of lush greenery with undulating paddy plants, are exhibiting a parched look. As per the data available with the regional centre of India Meteorological Department, Bhubaneswar, till June 30, the State received 131.3 mm rainfall against the normal 217.7 mm. It means, the State received 40 percent less rainfall in June. The matter of concern is that not a single district received normal or surplus rainfall during the period.
Paddy in India
Paddy procurement workers of Odisha stage stir over non-payment of duesedit
The New Indian Express – Online
Labourers engaged by a self help group (SHG) for loading and unloading of paddy during rabi procurement have staged a dharna over non-payment of dues in Kotagaon village under Kalampur block. Sources said Maa Mangala SHG was entrusted to participate in the paddy procurement at the Kotagaon mandi and had therefore engaged workers for loading of paddy from May 28 till June 11. But as many as 30 workers are yet to be paid 15 days’ wages to the tune of Rs 2.4 lakh, even after the process was long over. As it has been almost a month, they have now started protesting demanding immediate payment of their dues. Commenting on the issue, ...