Media Monitor
Agriculture Industry
Punjab losing area under cotton; only 7-8 ginning units of 80 workingedit
The Indian Express – Online
Ginners, who separate lint (white fibre) and seed from raw cotton, in Punjab have been facing a serious threat to their businesses since the area under cotton crop started decreasing in the state. This cotton season, their business reached a new low as currently, only 7-8 ginning units of are functional of a total of nearly 80 units across the cotton belt in Punjab. For every quintal (100 kg) of kapas or unginned cotton, the recovery of lint is 33-36 kg and 63-66 kg of seed. The seed, in turn, is crushed to produce oil and de-oiled cake. Cottonseed oil is used in ...
Fodder prices up by 28% in November 2022: Minister tells Lok Sabhaedit
Business Standard – Online
Fodder prices have increased by 28 pc in November compared to the same month last year, the government said on Tuesday. “Wholesale price index (WPI) data released by the Commerce and Industry Ministry, showed that the index value for fodder has recorded at 225.7 in November 2022, registering an increase of 27.66 per cent over the same month last year (176.8),” Fisheries, Animal Husbandry and Dairying Minister Parshottam Rupala said in a written reply in the Lok Sabha. “As such, no severe hardships to rural families whose livelihood are dependent on livestock have been reported by the States, although there is increase in the price of fodder,” he added.
Delhi wheat prices hit record highedit
The Economic Times – Online
Wheat prices in the benchmark Delhi market touched a record high level of Rs 2915/quintal in the opening trade today morning as stock position is becoming tight. Wheat prices had declined by close to 1% within a day in the previous week on rumours that the government may sell wheat in the open market. Millers had stopped buying, anticipating government announcement, which did not bring them back in the market to buy wheat. This has lifted the wheat prices this week. Wheat millers and traders expect the wheat prices to soon touch the psychological benchmark of Rs 3000/quintal.
PMFBY number one crop insurance scheme globally in terms of farmers enrollment: Tomaredit
The Economic Times – Online
The Pradhan Mantri Fasal Bima Yojana (PMFBY) has become the world’s number one crop insurance scheme in terms of farmer applications enrolled, Agriculture Minister Narendra Singh Tomar informed Parliament on Tuesday. The PMFBY is also the world’s third-largest crop insurance scheme in terms of gross premium, Tomar said in his written reply to the Lok Sabha. Launched in 2016, the PMFBY provides for comprehensive risk insurance against crop damage due to non-preventable natural risks from pre-sowing to post-harvest for the crops/areas notified by the concerned state government.
Paddy in India
‘Centre asking Telangana to send back Rs 150 crore MNREGS funds’edit
Telangana Today – Online
Finance Minister T Harish Rao has said the union government has asked the State to return Rs.150 crore from MNREGS funds spend on creating drying platforms for paddy and other grains at agriculture fields. Addressing the general body meeting of Siddipet Zilla Parishad on Tuesday, the Minister said the Telangana government had utilised the MNREGS fund by building platforms to dry grains at agriculture fields for the benefit of the farming fraternity. However, the Centre had asked to return the amount now.