Agriculture Industry
India will stock up the world’s biggest grain storageedit
Mint – Online
India is working on developing the “world’s largest grain storage” programme by merging various schemes of the Union ministries of agriculture and farmers welfare; consumer affairs, food and public distribution; and food processing, two people aware of the development said. The proposal, which has been circulated among the Union ministries and departments for consultations, comes amid rising global food prices in the wake of disruptions caused by the war in Europe and the covid-19 pandemic. Nations are increasingly worried about their food security after Russia’s invasion of Ukraine disrupted the world’s foodgrain supply, sending prices to record levels.
Sowing of rabi crops trend shows farmers increasingly turning to pulses, oilseeds for better gainsedit
The Indian Express – Online
By the end of November 2022, the sowing of crops during the Rabi season has seen a sharp increase of 24 per cent. The area under sowing increased to 36.20 lakh hectares from 29.16 lakh hectares during the same period last year. With two more months left for sowing, the sowing acreage covered under rabi crops is likely to cross 52 lakh hectares, sources in the agriculture department said. After initial hurdles due to erratic rainfall sowing activity have picked up since mid-November, said sources. A preliminary report based on data till November-end shows that the farmers are increasingly opting for pulses and oilseeds instead of conventional food grains and cereals for better dividends ...
Govt. Policies
Govt likely to allocate Rs 15,500 crore for crop insurance for FY24edit
The Financial Express – Online
The Union Budget is likely to allocate around Rs 15,500 crore for the implementation of Pradhan Mantri Fasal Bima Yojana (PMFBY) for next financial year same as the budget estimate for 2022-23, despite a spike in expenses. Sources said the anticipated expenses for the centre for implementation of PMFBY in current fiscal would be around Rs 19,000 crore against the budget estimate of Rs 15,500 crore, while there are around Rs 6000 crore of ‘unspent balance’ in the corpus of the scheme from the previous year. “With a similar level of allocation for 2023-24 like the current fiscal, it would be adequate for implementation of the crop insurance scheme,” an official told FE.
Stubble Burning
Stubble burning ends: Punjab burnt 50.94% of its total rice area, only 1.4% less than 2021edit
The Indian Express – Online
With the end of stubble burning in the state on November 30 (as Punjab Pollution Control Board records stubble burning through satellite till November 30), the state has ended up reducing just 1.4% burnt area as compared to last year while 16% more stubble management machines were added in the state this year compared to last season. Also, the state has burnt 50.94% of its rice cultivation area, according to data from Punjab Remote Sensing Centre (PRSC), Ludhiana. Out of 23 districts, 10 districts – all fall in the Malwa region of the state – of the state have recorded more stubble burning cases this year. All eight districts under the Doaba and Majha ...