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High expectations from the Union Budget 2023: Mrityunjaya Singh, Managing Director of CLAAS Indiaedit
Given that the budget has been increasing year over year, the agriculture sector has high expectations for the upcoming budget 2023–24. This will attract the necessary investments in the agricultural sector and support farmers through many centrally funded programs of the Indian government. Mrityunjaya Singh, Managing Director, CLAAS India Pvt Ltd shares his expectations from Union Budget 2023-24.
Paddy in India
At 5,750 kg per hectare, Thanjavur betters last year’s samba paddy yieldedit
The New Indian Express– Online
Even as samba paddy harvesting is gathering momentum in the district, farmers are a happy lot as an average yield of 5,750 kg per hectare is being recorded in certain parts. This is more than the average yield of 5,550 kg per hectare recorded after the seasonal harvest in 2022. Samba and thalady paddy have been cultivated over 3.5 lakh acres (1.4 lakh hectares) in the district. “Of this the crop cultivated earlier in around 37,823 acres has been harvested so far, mostly in Ammapettai block,” an agriculture department official told TNIE. While the yield is around 5,750 kg per hectare, in some places it is even 6,300 kg per hectare, the official said. ...
Paddy, sugarcane payments top Rs 20,000 crore in Uttar Pradeshedit
Business Standard– Online
Farmers in Uttar Pradesh have received more than Rs 20,000 crore over the past four months for their paddy and sugarcane produce. With the UP sugarcane crushing and paddy procurement seasons underway, the total farm payments are expected to more than double at the end of the respective marketing cycles. While sugarcane payments by private and government-owned mills are to the tune of over Rs 9,000 crore, the corresponding figure for paddy by government agencies, including Food Corporation of India (FCI), are close to Rs 11,000 crore so far.