July 14, 2022

Agriculture Industry

India’s rice exports to surge on global crunchedit

The Financial Express – Online

The decline in rice crop yields in Thailand and Vietnam and their increased costs of production may turn out to be bonanza for India’s rice exports in the current fiscal year, trade sources said. India is exporting rice at around $360 a tonne to key markets at present while Thailand and Vietnam are offering the grain at around $ 420 a tonne. The gap, according to the sources, is expected to widen in the coming months. Besides, prospects of a reasonably strong kharif crop could enable Indian exporters to fetch higher realisations. Even in volume terms, India’s rice exports in the current year could match or slightly exceed last year’s record level of 21 ...

CLAAS Global Mentions

Agricultural Tractors Market Set for Explosive Growth | AGCO Corporation, CLAAS KGaA mbH, CNH Industrial N.V.edit

Digital Journal – Online

Global Agricultural Tractors Market Forecast Till 2030 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Agricultural Tractors market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Agricultural Tractors market size forecast, market data & Graphs and Statistics, Tables, Bar & Pie Charts, and many more for business intelligence. Global ...

Govt. Policies

Andhra rejoins crop insurance scheme after 3 yrs as features tweaked to woo statesedit

Times of India – Online

With the Centre tweaking its flagship crop insurance scheme to woo back states on board for its implementation, Andhra Pradesh, which opted out of the Prime Minister Fasal Bima Yojana (PMFBY) three years ago, has decided to rejoin it from the ongoing kharif season. The move is expected to benefit 40 lakh farmers of the state. Punjab had never joined the central scheme whereas Bihar and West Bengal had withdrawn from it in 2018 and 2019, respectively. The other states which opted out later include Gujarat, Jharkhand and Telangana. They cited “financial constraints” and “low claim ratio during normal seasons” as the major reasons for nonimplementation of the scheme. The decision of Andhra Pradesh ...

Promotion and financing of farmers producer organisations will be prime focus of NABARD in Biharedit

The Print – Online

The promotion and financing of Farmers Producer Organisations (FPOs) and facilitating towards Geographical Indication (GI) tagging of unique products of the state, will be the prime focus of NABARD in Bihar, a senior official said. Chief General Manager (CGM) of National Bank for Agriculture and Rural Development (NABARD), Bihar, Sunil Kumar while addressing employees on the occasion of 40th Foundation day here on Tuesday said our initiatives are basically to make Bihar an ‘Atma Nirbhar’ state. “NABARD will be focusing on promotion and financing of Farmers Producer Organisation (FPOs), financing of rural Infrastructure sector projects especially strengthening of agriculture marketing infrastructures, irrigation and rural connectivity sector, strengthening of post-harvest management, facilitating towards GI tagging of ...

Monsoon + Indian Agriculture

Pune records excess rainfall for first time in season: IMDedit

Times of India – Online

For the first time in the season, the city and district, which includes 13 tehsils, have recorded surplus rainfall than the normal range following continuous rainfall over the last one week, said officials from the India Meteorological Department (IMD) on Wednesday. The city’s Shivajinagar observatory, which covers the core areas of the city, has recorded 260 mm of rainfall to date in this season against its normal range of 231.3 mm. Similarly, the rural areas also recorded 450 mm of rainfall against its 313.9 mm. “The Shivajinagar and district overall have recorded 13% and 43% excess rainfall than the normal range, respectively. It is mainly due to the rainfall the city received in the ...

Paddy in India

Telangana mulls paddy auction if Food Corporation of India cold shoulders stateedit

Times of India – Online

With 10 lakh metric tonnes of paddy stored outdoors near rice mills feared soaked due to rains, the TRS government is likely to auction the staple if Food Corporation of India (FCI) does not resume procurement of milled rice from the state by the weekend. Of the 90 lakh metric tonnes of paddy, 20% paddy has been stored outdoors. Civil supplies minister Gangula Kamalakar told TOI that they would wait for a few days for FCI to resume procurement of milled rice, failing which auction process would be started. Kamalakar said they have been requesting FCI and the central government to resume procurement of custom milled rice. “We have complied with every guideline of ...

50% rain deficit ruins paddy crop in Terai regionedit

Times of India – Online

A 50% deficit in June and 16% lesser rainfall in July has delayed the second stage of paddy farming in many blocks of Uttarakhand’s “rice bowl”, Terai. The unseasonal paddy-sowing farmers are on the brink of suffering losses as around 40% of the crop has dried or fallen. However, RK Singh, a meteorologist at the GB Pant University in Pantnagar, said that the deficit is “expected to be compensated with heavy rainfall in July”. Farmers in Terai sow paddy on more than 1.5 lakh ha of land. Amid sporadic rainfall with faulty distribution, inter-cultural and transplantation operations have been delayed by a fortnight. Balwinder Singh Virk, a farmer from the Bigwara village, said that ...

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