Media Monitor
Agriculture Industry
Agriculture ministry expects record output in fourth advance estimate for major cropsedit
Moneycontrol – Online
Foodgrain output is expected to touch a record during the 2021-22 season, according to the fourth advance estimates of production of major agricultural crops released by the Union Ministry of Agriculture and Farmers Welfare on August 17. According to the release, the production of foodgrain is estimated to be higher by 4.98 million tonnes than the previous year. The ministry estimates that the current foodgrain production will be 315.72 million tonnes. The record production of foodgrain is higher by 25 million tonnes than average production in the previous five years (2016-17 to 2020-21). Notably, record production has been seen in crops such as rice, maize, gram, pulses, rapeseed and mustard, oilseeds and sugarcane. Agriculture and Farmers ...
Govt. Policies
Onam Gift: Govt to Provide Subsidy to Dairy Farmers & Societiesedit
Krishi Jagran – Online
J. Chinchu Rani, the minister for animal husbandry and dairy development in Kerala on August 16 announced that dairy farmers and societies throughout the state will receive a subsidy of Rs 4 per liter as an Onam gift. She stated that the subsidy from last month will be made directly available through the banks while launching the sales of Milma Rich milk and Smart Curd as well as their delivery through the online platform Swiggy. “Cows are being provided by the Department to boost domestic production. This year, the number of panchayats chosen for the “Pashukidavu” scheme has doubled. A scheme is also being rolled out to give one cow to BPL card holders. The ...
Paddy in India
Monsoon 2022: Rain deficit leaves Bihar’s fields dry, paddy farmers worriededit
DownToEarth – Online
Paddy farmers in Bihar are worried as the state has recorded deficit rainfall since June this year. Paddy fields are dry and have developed huge cracks, an alarming situation for rainfed rice growers. The transplantation of paddy seedlings has been done in 78.28 per cent of the total target as of August 15, 2022. The seedlings were transplanted in 2.748 million hectares (MHA) of 3.512 MHA this year, according to the official data of the state agriculture department. The farmers could not sow paddy in 0.763 MHA this Kharif season due to the lack of rain. A large tract of agricultural land, nearly 22 per cent of the target, was directly affected by deficient rainfall. Transplantation ...
Thanjavur: Delay in Cauvery water release puts paddy cultivation at riskedit
CNBC TV18 – Online
There is a new threat to global food security, and it stems from fears that India’s rice cultivation may not meet expectations. These apprehensions come even as RBI Governor Shaktikanta Das highlighted the shortfall in paddy sowing, although buffer stocks remain above par. However, the question remains: what ails India’s paddy crop? In Thanjavur, a town in East-Central Tamil Nadu, the Kuruvai cultivation is about to end. The Tamil word refers to a short-term harvest that takes place over a four-month period between May and August. During this season, 3.2 lakh acres of paddy are sown along the banks of the River Cauvery in this region, better known as of one of India’s biggest rice ...
Stubble Burning
Punjab Government to Provide Stubble Burning Machines to Farmersedit
Krishi Jagran -Online
The Punjab Government is ready to Control stubble burning as the harvesting of early maturing Basmati rice variety, Pusa 1509 and other crops are set to begin in a few days. The state agriculture department already received more than 1 lakh applications for stubble management machines that the government provides under Crop Residue Management (CRM) scheme. In addition, this year, nodal officials for every village have also been appointed across Punjab. Sources said that Punjab has 90,422 stubble management machines, including about 35,000 happy seeder and super seeder machines. This year nearly 32,000 machines will be distributed by providing around Rs.450 Crore subsidy. Dr Gurvinder Singh, Director of the agriculture department said that minister Kuldeep ...
Tractor industry
Mumbai-based e-tractor start-up AutoNxt Automation raises Rs 6.4 crore in seed roundedit
Financial Express – Online
AutoNxt Automation, one of India’s first electric tractor start-up has secured funding Rs 6.4 crore in seed round funding from angel investment from HNI under the leadership of Swadeep Pillarisetti who is also one of the board members at AutoNxt Automation. The funding round was led by Keiretsu Forum, Virya Mobility 5.0 and a few marquee angels like Ayad Khalil Chammas, an oil and gas professional now an international investor in the EV space; Chand Das, former CEO for ITC; Nitin Johar, CFO for IDO at Govt of Ras Al Khaimah; Suveer Sinha, India head for KKR Capstone; Ravichandran Sargunaraj, former Executive-Director, TVS Logistics Services and others. The start-up says it has used this funding ...