Media Monitor
Agriculture Industry
India’s rice exports may fall by 4-5 million tonnes post ban, 20% dutyedit
Business Standard – Online
India’s rice exports could fall by 4-5 million tonnes this fiscal year due to imposition of ban on broken rice as well as export duty on non-basmati rice, except for parboiled grains, exporters said. India, which commands 40 per cent share in the global rice trade, exported 21.23 million tonnes of rice in 2021-22 fiscal as against 17.78 million tonnes in the previous year. Before the COVID pandemic, the exports were 9.51 million tonnes in the 2019-20 fiscal. During April-August period of the current financial year, the government data showed that the country has already exported 9.35 million tonnes as against 8.36 million tonnes in the year-ago period. “The exports may fall to 16-17 million ...
Technology in Agriculture
How technology investments are revolutionising the agriculture sector in Indiaedit
The Times of India – Online
Technological interventions are taking over the world gradually. We are entering into the fourth industrial revolution or Industry 4.0 with a focus on digitization and automation. With this, farming operations are no longer run with basic technology. Farmers and agriculturalists are too stepping ahead for agritech sophistication. There has been an aggressive investment in agritech approaches involving IoT (Internet of Things), smart logistics, Artificial Intelligence (AI), Kisan drones and Machine Learning (ML). Given these practices, India’s agricultural sector has witnessed massively improved growth in the last two years, with exports touching an all-time high of about $50 billion. Starting from awareness campaigns run by Non-Governmental Organisations to the Government of India’s aggressive push ...
Paddy in India
Rice production may fall due to decline in paddy area: Food Secretary Sudhanshu Pandeyedit
Zee Business – Online
India’s rice production could fall by 10-12 million tonnes during the Kharif season of this year, due to a fall in paddy sowing area, the government said on Friday. However, Food Secretary Sudhanshu Pandey asserted that the country will have surplus production in rice. He pointed out that the paddy acreage is lower by 38 lakh hectare so far this kharif season, because of less rains in many states. The Kharif season contributes about 80 per cent of India’s total rice production. “Loss of production of rice may be 10 million tonnes and in the worst case it can be 12 million tonnes this year,” he told reporters here. However, the secretary said that this ...
Stubble Burning
Delhi, Punjab may jointly pay incentive to cut stubble burningedit
Hindustan Times – Online
The governments of Punjab and Delhi are working on finalising a monetary incentive for farmers if they do not burn their paddy residue after harvesting, a top official said on Friday, after the Union government turned down their request to chip in with funds. As a result of the Centre’s decision, the incentive, which was initially set at ₹2,500 per acre, is likely to come down to ₹1,000 per acre. The scheme will be crucial for attempts to discourage farmers from burning crop residue after harvest, an easy way for them to clear fields but a method that sends up clouds of smoke that trigger the world’s worst air pollution crisis in much of North ...