Media Monitor
Agriculture Industry
Government Has Put Together A Record Purchase On MSP, Informs Agri Ministeredit
Business World – Online
The Union Minister for Agriculture and Farmers Welfare Narendra Singh Tomar said that the government has put together a record purchase of Rs 2.75 lakh crore on Minimum Selling Price (MSP) in 2021-22. Tomar shared this information on Thursday. The minister said that the 339.88 Lakh Metric Tonnes (LMT) paddy has been procured at MSP during Kharif Marketing Season (KMS) 2022-23 up to 4 December 2022, for Rs 70,000 crore, profiting 30 lakh farmers. It can be mentioned that while paddy procurement in Kharif was 475 LMT in 2013, this has increased to 759 LMT in 2021-22. There has been a boost of 132 per cent in the procurement price in eight years, Tomar mentioned. ...
Telangana paved way for development of agriculture: CM KCRedit
Siasat – Online
Telangana Chief Minister K Chandrasekhar Rao (KCR) stated that Telangana’s innovative policies adopted by the state government towards the development of the agricultural sector paved the way to the golden era in the welfare of the farmers in the country. The CM was speaking on the occassion of “National Farmers Day” (Kisan Divas) where he greeted the farmers of the Telangana and the country. The Chief Minister said that the there is a big variation in the condition of farmers welfare and the agriculture in the erstwhile united Andhra Pradesh and in the Telangana State. CM KCR said that the programmes implemented by the Telangana government with the aim of improving the living standards of the ...
‘Loss & damage fund has to include impact on food security, loss of agricultural production of land’edit
Down To Earth – Online
Agriculture has not been a top priority for many countries when they look at climate change adaptation. For the first time this year, the topic of food systems and agriculture was extensively discussed at the annual conference of parties (COP) to the United Nations Framework Convention on Climate Change and made it to the main agenda. It was also the first time the Food and Agriculture Organization (FAO) had an agriculture and food systems pavilion, where the linkages between climate change and agriculture were discussed. Down To Earth spoke to Zitouni Ould-Dada, deputy director of FAO’s climate and environment division, on what was achieved at the 27th COP (COP27) held in November this year ...
Budget
Budget expectations for agricultureedit
The Times of India – Online
Unlike last year, the economic outlook for 2023-24 is highly uncertain. As if the threat of climate change was not enough, the Russian invasion of Ukraine caused enormous increase in global prices of crude, edible oils, and wheat. The Russia-Ukraine war is continuing, and economies of several developed countries are facing recessionary trends. In this scenario of uncertainty, Indian exports have also been falling. Will agriculture get any priority in allocation of funds is therefore facing a question mark. In the budget of 2022-23, PM Kisan was allocated Rs 65,000 crore while premium subsidy for PM Fasal Bima Yojana (PMFBY) was provided Rs 16,000 crore. Interest subsidy on short-term loans was allocated Rs ...
Events
On Kisan Divas, Tracking A New Trend In Agriculture: Rise Of The Techno-Farmeredit
Swarajya – Online
The agricultural sector is the main source of livelihood for four out of 10 Indians and contributes nearly 20 per cent to the national gross domestic product or GDP, according to the latest numbers available for 2021. On a global plane, India’s agricultural business — farming (crops and horticulture) livestock (milk, eggs, meat), forestry and fisheries — it is second only to China in size, contributes 11.9 per cent to the world’s agricultural gross value added or GVA of over $3,000 billion and accounts for 12 per cent of Indian exports.