Media Monitor
Agriculture Industry
FCI sells 3 MT wheat since February 1edit
The Financial Express – Online
The Food Corporation of India (FCI) on Thursday sold 5,40,000 tonne of wheat to private bulk buyers such as flour millers and food companies through its fifth e-auction in the current season, taking the total grain sold in open market this year to 2.84 MT. More than 1,000 bidders across 23 states participated in the e-auction and the average price of wheat realised by the FCI has been Rs 2,196/quintal against the Minimum Support Price (MSP) of Rs 2,125/quintal fixed for the next procurement season (2023-24) beginning on April 1.
TN farmers meet Odisha Agriculture Minister, seek supportedit
The New Indian Express – Online
A delegation of Tamil Nadu All Farmers Organisation Coordination Committee led by its leader PR Pandian on Thursday met Agriculture and Farmers’ Empowerment minister Ranendra Pratap Swain at Krushi Bhawan here. The members of the delegation discussed problems confronting the farming community across the country. The delegation is on a journey from Kanyakumari to New Delhi demanding fulfilment of promises made by Prime Minister Narendra Modi during farmers’ protest in 2020. It held wide-ranging discussion on farmers issues with Swain seeking the support of the state government to its demands.
Competition
Mahindra partners State Bank of India for tractor and farm machinery financingedit
The Financial Express – Online
Mahindra & Mahindra’s Farm Equipment Sector, the world’s largest tractor manufacturer by volume, has tied up with the State Bank of India (SBI) to provide easy loan options for its tractors and farm machinery products across India. Customers can visit the nearest Mahindra Tractor dealership to avail of financing options on its range of tractors and farm machinery or visit the nearest SBI branch to initiate the application process. Hemant Sikka, President – Farm Equipment Sector, Mahindra & Mahindra said, “Financing is crucial to ensuring that farmers are able to choose the right farm equipment for smooth running of their operations, and at ...
Monsoon + Indian Agriculture
Link between monsoon and crop production weakensedit
The Financial Express – Online
The finance ministry last month in a report had stated that the predictions of a return of El Nino conditions in the Pacific could presage a weaker monsoon in India, resulting in lower output and higher prices, but an analysis of data indicates a weakening linkage between the performance of monsoon and foodgrains production. This is being attributed to expansion of irrigation facilities and development of climate resilient varieties of crops which minimised the impact of rains on the crop output. The monsoon and foodgrains data for the decade indicate that despite uneven performance of monsoon rains over the years, its impact on India’s foodgrains production has been ...
Uncategorized
Agro Food Chamber demands govt to include agriculture subject in a school educationedit
The New Indian Express – Online
In a pre-budget memorandum submitted to Minister of Agriculture M R K Panneerselvam on Thursday, the president of the Agro Food Chamber of Commerce and Industry S Rethinavelu stressed upon various demands, including making agriculture a mandatory subject in school and college curriculum. The forum stated their expectations ahead of the state government’s 2023-2024 budget to be tabled in the assembly on March 20. In the memorandum, the Rethinavelu demanded the government to introduce the ‘Ridgeless Cultivation’, a method in which the ridges of their small land holdings are removed with the latest technology, on a large span of land of at least 100 acres to achieve high productivity.