Media Monitor
Agriculture Industry
Back Agriculture Infrastructure Fund’s capital mobilisation tops ₹30,000 croreedit
Mint – Online
Agriculture Infrastructure Fund (AIF) has mobilised more than ₹30,000 crore for projects in the agriculture infrastructure sector with a sanctioned amount of ₹15,000 crore within two-and-a-half years of implementation, the Ministry of Agriculture & Farmers Welfare said in a statement. With 3% interest subvention, credit guarantee support through Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) for loan of up to ₹2 crore and facility of convergence with other central and state government schemes, AIF has been providing all around financial support to farmers, agri-entrepreneurs, farmer groups like farmer producer organizations (FPOs), self help groups (SHGs), joint liability groups (JLGs) etc. and many others to create post-harvest management infrastructure and build community farming asset ...
Budget
Budget 2023: Here’s What Agri Stakeholders Predict for Farmers & Agriculture Sectoredit
Krishi Jagran – Online
2022 has been a challenging year for the global food system, to say the least. It uncovered several structural weaknesses in the wake of challenges such as extreme weather events, supply-chain disruptions, geo-political tensions, international conflicts, and growing food wastage. The year also exposed our inability to manage global hunger and food security, reversing the progress made over decades of efforts. Regenerative agriculture to reduce soil degradation We expect more investments to happen in soil conservation and biodiversity in the next couple of years. Good soil health is at the root of productive agriculture.
Paddy in India
Government procures 61.7 mln tn paddy in 2022-23 kharif seasonedit
The Free Press Journal – Online
The government has procured 61.7 mln tn paddy at the minimum support price in the ongoing 2022-23 (Oct-Sep) kharif marketing season as of Thursday, the Department of Food and Public Distribution said in a post on Twitter. The government had purchased approximately 59.5 million tons of paddy as of the week ending January 14. According to the statement, the government has so far distributed 1.27 trillion rupees to 7.9 million farmers for the paddy purchases. The minimum support price for paddy this kharif season has been increased by the government to 2,040 rupees per 100 kg from 1,940 rupees in the previous season.