Agriculture Industry
Why Doubling Farmers’ Income Still A Challenge?edit
Business World – Online
In 2017, Prime Minister Narendra Modi said that the priority of his government is to double the income of farmers by 2022. Apart from Modi, Union Home Minister Amit Shah 2021 also mentioned that the three central agriculture legislation would guarantee significant increases in the income of farmers. However, later on, the Centre withdrew all three laws after a massive protest against the controversial laws. Now, after five years, the income of farmers has only “marginally increased,” far from “doubling.” Akhilesh Jain, Co-founder, Agrotech India said, “There is unawareness among farmers of government schemes launched in the favour of farmers such as PMFBY, PM Krishi Sichai Yojna, PM Krishi Vikas Yojna, Soil Health Card etc.” ...
Why Haryana’s sugarcane farmers are threatening to intensify stir over support pricesedit
The Print – Online
Sugarcane farmers in Haryana Thursday held protests over the support prices announced by the state government and threatened to hold a mass agitation in the form of a Kisan Mahapanchanyat in Karnal on 10 January if their demand for a hike wasn’t met. The Haryana government had announced the state approved price (SAP) of sugarcane as Rs 362 and Rs 355 for the early and late varieties of the crop respectively, unchanged from the 2021-22 season. Amid rumblings of discontent about the prices from farmers’ unions as well as the Opposition, Haryana Chief Minister Manohar Lal Khattar, on the concluding day of the state assembly’s winter session Wednesday, announced that an expert committee would be ...
Women FPOs can revolutionize India’s Agri sectoredit
The Times of India – Online
The Girdhan Mahila Utpadak (Producer) Company in Jharkhand onboarded Ms Neelima Muramu as a board member and treasury in-charge. Kiran Devi proved her business acumen and diversified her income source by venturing into value-added products when others around her stuck to the old way of doing business. Both Neelima and Kiran broke the proverbial glass ceiling in a sector that discriminates against women. But Neelima is no MBA, and Kiran has not had much schooling. Both these women are farmers who turned their lives around after they became part of the organization, a Farmer Producer Organization (FPO). FPOs are a body of farmers/producers who come together as shareholders to pursue business activity (production/marketing) ...
Agriculture growth crossed pre-pandemic levels this year, but other sectors are still laggingedit
The Print – Online
After two years of disruptions due to Covid and other headwinds, India’s economy has been on the path of recovery this financial year, government data shows — but only some sectors have exceeded their pre-pandemic performance levels, with agriculture doing particularly well. Overall, India’s Gross Domestic Product (GDP), or the monetary value of goods and services produced, was 5.6 per cent higher in the first half of 2022 (April-September) than in the comparable pre-pandemic period in 2019, shows National Accounts Statistics (NAS) data from the Ministry of Statistics and Programme Implementation (MoSPI). However, a closer analysis of the data for gross value addition (the amount of economic activity) shows that not all sectors of the ...
Budget
Budget 2023 Likely to be Focused on Agriculture Sectoredit
Krishi Jagran – Online
As the current year 2022 draws to a close, speculations about the new budget for the fiscal year 2023 are rampant. The agriculture sector has high hopes for the FY2023 budget, while there are still some months for the Indian government to present the new budget in parliament. What further increases the expectations of the agri-industry are the forthcoming assembly polls in two significant states of the country – Madhya Pradesh and Rajasthan. Key players in the farming sector have anticipated that the government will prioritize programmes to raise agricultural realizations, livestock farming, food processing, and budgetary allocation to the MGNREGA scheme. Prices for both, raw materials and finished fertilizer have significantly increased over the ...
Paddy in India
Telangana procures 59 lakh metric tonnes of paddyedit
Telangana Today – Online
The State Government has procured 59 lakh metric tonnes of paddy from 10.40 lakh farmers till date this season. The total worth of the paddy procured so far is Rs 12,051 crore and already Rs 11,000 crore has been deposited into the farmers bank accounts. Among the 7,011 paddy procurement centres, 4,607 centres have been shut as the procurement at these centres was completed as per schedule. Of all the districts, highest stocks of 6 lakh metric tonnes was procured in Nizamabad district, followed by four lakh metric tonnes in Nalgonda, Civil Supplies Minister G Kamalakar said in a statement.