Agriculture Industry
Govt efforts to double farmers’ income yielded positive results: Agri Min Narendra Tomaredit
The Economic Times – Online
The government’s efforts to double the income of farmers have yielded “very positive” results, Agriculture Minister Narendra Singh Tomar said in Parliament on Tuesday. The government had set up an Inter-Ministerial Committee in April 2016 to examine issues relating to “Doubling of Farmers’ Income (DFI)” and recommended strategies to achieve the same. The panel had submitted its final report to the government in September 2018. It contained the strategy for doubling farmers’ income through various policies, reforms and programmes.
Agriculture exports see rapid growth in Telanganaedit
Telangana Today – Online
The Gross State Value Added (GSVA) by the agriculture and allied sectors has increased by a staggering 186 percent from 2014-15 to 2022-23 in Telangana. According to the Socio Economic Outlook 2023, released by Finance Minister T Harish Rao on Monday, the Agriculture, Forestry, Livestock and Fisheries sectors’ Gross Value Added (Current Prices) to the State economy has also seen a compound annual growth rate (CAGR) of 14.05 percent from Rs 76,123 crore in 2014-15 to Rs 2,17,877 crore in 2022-23.
Budget
Squeezed Budget share a worry for agriculture sectoredit
The New Indian Express – Online
The Union budget has prepared the ground for setback to rural lives. Over 52% (89.58 million) rural households directly depend on agriculture for their income. However, this year’s budget allocation for agriculture and allied sectors is 27% less than that in 2021-22, and 5% less than the budget estimates of last year. This is a far cry from Prime Minister Narendra Modi’s dream to double the income of farm households by 2022, which he announced in 2016. In 2012-13, the average monthly income of a farm household was Rs 6,427, which increased to Rs 8,059 in 2015-16, and further rose to Rs 10,218 in 2018-19. Farmers’ income reached Rs 12,445 by 2022. As ...
Technology in Agriculture
How Can Indian Agriculture Harness the Power of 5G?edit
Krishi Jagran – Online
The ever-growing population and escalating climate crises have affected agricultural practices around the world. In order to cope with such adverse conditions, the agricultural industry has to find a way to produce more food with fewer available resources. 5G internet, along with Artificial Intelligence and the Internet of Things are technologies that are expected to address such adverse issues. According to experts, 5G will make many technologies available to farmers. For instance, autonomous drones and a large network of data-collecting sensors can scan the crops and fields to monitor the conditions more accurately.
Govt. Policies
State will reduce paddy straw burning instances by 50%, Punjab Chief Secy tells CAQMedit
Hindustan Times – Online
Punjab chief secretary Vijay Kumar Janjua has assured the Commission for Air Quality Management (CAQM) that the state will reduce the fire instances by 50% in comparison with 2022. The chief secretary gave this assurance in a meeting held by Dr MM Kutty, chairperson of the CAQM in the National Capital Region (NCR), with senior officers and all deputy commissioners of the state. The meeting discussed the plan for paddy crop residue management in respect of the coming Kharif harvesting season in Punjab. “The state government is taking every step to effectively tackle air pollution,” the chief secretary said. The deputy commissioners briefed the chairperson about the steps taken by the state government for crop ...
Rs 15,626 cr sanctioned under Agriculture Infrastructure Fund, says Govtedit
Business Standard – Online
Loans amounting to Rs 15,626 crore have been sanctioned under Agriculture Infrastructure Fund to create 21,380 infrastructure units at an aggregate investment of more than Rs 32,000 crore all over the country till January this year. The Central Government is providing grants-in-aid to states to promote Agriculture Infrastructure Fund and to improve agriculture. Ministry of Agriculture in a reply in the Lok Sabha on Tuesday said, “In order to increase agriculture productivity and export, various measures were taken by the government, including Agriculture Infrastructure Fund (AIF) which encourages farmers, agri-entrepreneur, start-ups, Farmer Producers Organization, SHGs etc to adopt innovation and farm mechanisation in Indian agriculture.”
Paddy in India
At 66 MT, paddy procurement marginally higher than year-ago level; allays concerns over govt’s rice stocksedit
The Financial Express – Online
Four months since the commencement of paddy procurement by the Food Corporation of India (FCI) and state government agencies for the 2022-23 current season (October-September), the total purchase till Sunday was up marginally on year at 66 million tonne (MT) which is equivalent of 51.4 MT of rice. In the corresponding period last year, the paddy purchases were to the tune of 65 MT. Higher grain procurement has given a boost to FCI’s rice stocks which had depleted by implementation of the free ration scheme.