Media Monitor
Agriculture Industry
NABARD Sets Priority Sector Lending Target of Rs 2.70 Lakh Crore for Bengal in FY24edit
Krishi Jagran – Online
Agriculture, including agri-infrastructure and ancillary activities, accounts for 39.54 percent of total credit potential under the priority sector for the fiscal year 2023-24, while MSME accounts for 44.26 percent, according to NABARD Chief General Manager Usha Ramesh. For the current fiscal year, the bank estimated Rs 2.47 lakh crore of credit potential under priority sector lending in the state. Noting that the West Bengal government’s ‘Duare Sarkar’ (government at your doorsteps) scheme is one of the best programmes for improving financial outreach, she said the state authorities have taken a number of initiatives in recent years to foster multi-dimensional growth in the state’s economy.
PM Modi unveils developmental projects in Karnataka’s Yadgiri, says small farmers are biggest priority of agriculture policyedit
The Print – Online
Prime Minister Narendra Modi on Thursday laid the foundation stone and dedicated various developmental projects related to irrigation, drinking water and a national highway development project at Kodekal, Yadgiri in Karnataka. The projects include laying the foundation stone of the Yadgir multi-village drinking water supply scheme under the Jal Jeevan Mission and 65.5 km section (from Badadal to Maradagi S Andola) of Surat-Chennai Expressway NH-150C, and inauguration of the Narayanpur Left Bank Canal – Extension Renovation and Modernisation Project (NLBC-ERM).
FCI to undertake open market sale for 2-3 MT wheatedit
The Economic Times – Online
The Food Corporation of India (FCI) is likely to start open market sale of wheat this month to curb abnormally high prices of the cereal. “The FCI will likely undertake open market sale of 2-3 million tonnes (MT) of wheat to bulk buyers such as flour millers by the end of January,” said a senior official, who did not wish to be identified.
Next farming revolution has begun in Indiaedit
The Print – Online
One of India’s major commercial crops, sugarcane generates a sizable amount of foreign cash while also employing a large number of people. India has become the largest producer and exporter of sugar. India’s agricultural success is not only limited to sugarcane. India is leading worldwide in several other high-quality agricultural goods including pulses, spices and jute. Thanks to the mastery of farming techniques added by higher agricultural credit, the farming sector in India has witnessed remarkable growth following the green revolution in the 1960s.
Govt. Policies
Ensure proper supply of farm inputs: AP Chief Minister Jaganedit
The New Indian Express – Online
Chief Minister YS Jagan Mohan Reddy directed the Agriculture Department officials to accord top priority to distribution of seeds and fertilisers to farmers through Rythu Bharosa Kendras (RBKs).At a review meeting on agriculture on Wednesday, he made it clear that there should be no lapses in the supply of quality farm inputs to the farmers in the Rabi season. The officials informed him that they are planning to distribute Kisan drones and agriculture equipment at 50% subsidy to the farmers through RBKs, besides providing training to the ryots in operation of drones through Acharya NG Ranga Agricultural University. The distribution of drones and farm equipment will be taken up in March and May-June.
Paddy in India
Chhattisgarh govt procures over 10 mt of paddy at MSP for the first timeedit
Business Standard – Online
The Chhattisgarh government has procured over 10 million tonnes (mt) of paddy at minimum support price (MSP) for the first time. The state crossed 10 mt mark on Tuesday, a fortnight before the deadline for the paddy procurement (as on January 18) concludes. The paddy procurement started on November 1 and will continue till January 31. The Bhupesh Baghel government had set a target to purchase 11 mt of paddy from the farmers at MSP in the current kharif marketing season. The volume of paddy procured in Chhattisgarh has surged to 9.8 mt in the kharif marketing year 2021-22 from about 5.68 MT in 2017-2018.