March 12, 2023

Agriculture Industry

Ban on broken rice exports likely to affect Telanganaedit

Telangana Today – Online

The Centre’s decision to levy 20 percent duty on raw rice exports and ban export of broken rice has put paddy farmers and millers from Telangana in a tricky position. Though the Centre is claiming that the decision was taken to discourage rice exports and ensure availability of adequate stocks domestically, it is likely to have an adverse impact on farmers and millers, especially in Telangana, where a huge quantity of broken rice is expected during the Yasangi (Rabi) crop season. Paddy is being cultivated in a record 55 lakh acres in Telangana during this Yasangi season, which expected to result in an yield of 1.5 crore ...

El Nino phenomenon may impact agriculture sector in India this yearedit

Business Standard – Online

The El Nino phenomenon, which occurs normally after every three to five years, may impact the weather in India this year, thus affecting the agriculture sector. Monsoon rains are impacted the most by the El Nino phenomenon. And as rains are essential for agricultural activities, El Nino is likely to cause worry to India, said an agriculture scientist, requesting anonymity. However at the same time there is a divergent view on this. According to P.K. Joshi, former director (South Asia) of International Food Policy Research Institute, even if there are deficient rains owing to the El Nino effect this year, surplus rainfall areas, especially southern ...

Budget

Punjab Budget 2023: No new tax, focus on education, health, agricultureedit

The Statesman – Online

No new tax was imposed in Punjab government’s Rs 1.96 lakh crore budget for 2023-24. The budget was presented in the state assembly on Friday Presenting the first full budget of the Aam Aadmi Party Government which came to power last year with a thumping majority, Finance Minister Harpal Cheema said education, health, and agriculture are among the priority sectors for the government. “Total Budget size has been increased by 26 per cent to Rs 1,96,462 crore for 2023-24 over the previous year,” the minister said.

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