Media Monitor
Agriculture Industry
A period of prosperity lies ahead for the India agritech sector after Union Budget 2023 announcementedit
The Times of India – Online
India has predominantly been an agrarian economy, and has grown to become a global agricultural powerhouse over the years. Agriculture is a significant contributor to the country’s GDP, accounting for approximately 16 per cent of the GDP and providing employment to 44 per cent of the national workforce. Bringing the golden touch of technology to the agriculture sector of the country, agritech ventures in the country have reimagined the farming and agrifood processing domains. As per a report by Ernst & Young, agritech startups in India offer an opportunity of $24 billion by 2025.
Dairy Farming
Say cheese: 45% rise in milk production in Tamil Nadu in last 10 yearsedit
The Times of India – Online
Milk production rose 45% over the past decade in Tamil Nadu, with the number of milch cows also rising 12%. On the market front, Tamil Nadu’s ecosystem allows private players to thrive unlike some states where the cooperative federations have a monopoly. The Tamil Nadu Co-operative Milk Producers’ Federation Limited, popularly known as ‘Aavin’, and private dairies together buy about 90 lakh litres a day, with Aavin alone accounting for 35 lakh litres. While most of it (60%) is sold as milk, curd (13.3%) and ghee (10.5%) show significant sales. The western region, particularly Coimbatore and Erode districts, is where ...
Paddy in India
Govt will lift soaked paddy to mills: Spl officeredit
Deccan Chronicle – Online
Commercial Tax chief commissioner and NTR district special officer M. Girija Sankar directed officials to lift rain-soaked paddy to the rice mills without any delay and provide gunny bags and transport facilities to farmers. He warned of stern actions against the officials who show negligence in discharging their duties. NTR district special officer Girija Sankar, joint collector Dr Sampath Kumar, and district supply officer (DSO) Komali Padma inspected the rain-soaked paddy grain that was being dried by farmers on the NHAI bypass road at Pathapadu and Kundavari Kandrika villages near Vijayawada on Sunday. Girija Sankar checked the moisture content of the paddy and checked the weight of the paddy bags which were ready to be ...
Stubble Burning
Missing in-situ stubble machines: Punjab finance dept audit finds no irregularities’edit
Hindustan Times – Online
The audit by the Punjab finance department into the machines meant for in-situ (mixing paddy straw into the soil as enriching nutrients) management of paddy stubble that went missing has found that all the machines have bills and were handed over to the farmers on subsidy following adequate procedures, a department official claimed on the condition of anonymity. At least 11,000 machines were found missing out of 90,000 machines given to farmers during the past four years from 2018 to 2021, and the financial loss was pegged at ₹140 crore. In August last year, the state government decided to hand over the matter to the finance department to look into the financial aspect and track ...