Agriculture Industry
April macroeconomic data shows strong start to FY24: Finance Ministryedit
Business Standard – Online
The current financial year (FY24) has begun strongly with most macro-economic high-frequency data showing that April carried over the momentum from the January-March FY23 quarter, the Finance Ministry said in its latest Monthly Economic Review on Monday, adding that there is a strong evidence of private sector investment improving. “A good beginning is a harbinger of positive outcomes… FY24 for the Indian economy opened on the back of strong activity witnessed in the last quarter of the previous fiscal. The first month of the new fiscal has sustained the growth momentum of the previous quarter,” the report stated, noting that indicators such as air passenger traffic had moved beyond pre-pandemic levels and goods and service ...
City to host G20 Agri conference in Juneedit
The Times of India – Online
Following two G2O-related international events, Hyderabad will host a third event in June. The city will host a global agriculture conference of agriculture ministers of G20 countries from June 15 to 17. The city will also host 25 days of the countdown for Yoga Day on May 27. At a press conference, Union tourism minister G Kishan Reddy announced that agriculture ministers from 20 countries, as well as ministers from other countries who have been invited as special invitees, will attend the meeting. “Union agriculture minister Narendra Singh Tomar has given directions on meeting planning and monitoring; many experts, academics, and successful farmers will also participate in the global event,” he said.
Spread cultivation of millets in newer ares of Andhra Pradesh: Governoredit
Business Standard – Online
Andhra Pradesh Governor S Abdul Nazeer on Monday called for an action plan to ensure cultivation of millets is taken up in different parts of the state. The Governor made these remarks while presiding over the 55th convocation of Acharya N G Ranga Agicultural University (ANGRAU) at Bapatla. “The Sustainable Development Goal 2 (SDG 2) of the United Nations has set a target to achieve food security, end hunger, improve nutrition, and promote sustainable agriculture by 2030,” said the Governor in a press release shared by the Raj Bhavan. In this effort, Nazeer noted that millets should be brought into cultivation in newer areas in collaboration with the Agriculture department.
Govt. Policies
Odisha to provide free crop insurance to farmers for 3 yearsedit
The Economic Times – Online
The Odisha government on Monday announced that it will provide free crop insurance to all farmers in the state for the next three years. Cooperation Minister Atanu Sabyasachi Nayak made the announcement after a review of his department by Chief Minister Naveen Patnaik. “The Cooperation Department would bear the premium of the insurance from the 2023 Kharif season to the 2025-26 Rabi season. Odisha is the first state in the country to provide free crop insurance to farmers,” he said.