Media Monitor
Agriculture Industry
Is India in step to develop a sustainable agricultural future as envisioned in COP27?edit
Agriculture and food security featured prominently in the latest COP27 discussions with governments acknowledging the need for accelerated progress. India has been steadfast in driving climate smart agriculture practices through policy with the establishment of the National Mission for Sustainable Agriculture, farm friendly policy and cost incentives to promote modernization. Building sustainable farming practices and farmer resilience remains a highly sought after and yet difficult to achieve goal for India, despite extensive farmer awareness.
Agriculture Budget 2023: Agriculture sector needs fresh fodder to improve farmer incomesedit
Finance Minister Nirmala Sitharaman should raise the annual tax-exempt limit of Rs 1 lakh for long term capital gains, say majority of participants in a pre-Budget 2023 TOI-Deloitte Survey. Over 93% respondents in the survey said that the limit should be raised. FM Nirmala Sitharaman will present the Union Budget 2023 on February 1, 2023. The Budget session of the Parliament begins on January 31, 2023. The TOI-Deloitte Survey covered several categories of participants; Common person/Individual taxpayer, retail investors, start-ups, corporate and economy.
Competition
JOHN DEERE ANNOUNCES GRAIN SENSING OPTION FOR S700 SERIES COMBINESedit
John Deere is now offering HarvestLab 3000 Grain Sensing for S700 series combines from 2018 or newer. The grain sensing option will continuously measure and monitor protein, starch, and oil values in wheat, barley, or canola as the combine is harvesting. As the combine moves through the field, a motor-driven auger pushes grain in front of the HarvestLab’s near-infrared sensor. Combined with Deere’s StarFire receiver, site-specific data will appear on the display and be sent to the John Deere Operations Center platform.
Paddy in India
Govt’s wheat, paddy procurement to fall below Budget 2022 targetedit
Finance minister Nirmala Sitharaman in her budget 2022 speech had set a target of procuring 1,200 lakh metric tonnes of wheat and paddy in the year 2022-23. The plan was estimated to cost the exchequer over Rs 2 lakh crore and was to benefit 163 lakh farmers. However India’s wheat production took a hit in 2022 and came in below estimates, mainly because of a heatwave that swept through key wheat-farming regions of Punjab, Western UP and Haryana.