Media Monitor
Agriculture Industry
Govt ready to hold discussions with protesting farmers: Union Agriculture Minister Arjun Mundaedit
Union Agriculture Minister Arjun Munda has reiterated that the government is ready to hold discussions with the protesting farmers. Talking to media in New Delhi, Mr. Munda asked the farmers’ union to maintain the environment for discussions and cooperate and communicate so that the common people do not suffer. He urged the farmers’ union not to create hindrances in public life as this will complicate the issue.
Budget
Karnataka budget today, major allocation likely for agriculture sectoredit
Karnataka chief minister Siddaramaiah, who also holds the portfolio of state finance minister, will present the state budget on Friday in the ongoing assembly session, people familiar with the matter said on Thursday. This marks his 15th budget presentation and his eight as chief minister, a record in the state.
CLAAS Global Mentions
2024 NFMS snapshot: CLAAS’ award-winning TRION 740edit
CLAAS has had a lot to celebrate recently, having been selected for seven AE50 Awards last month. The prizes, given by the American Society of Agricultural and Biological Engineering, recognize premier innovations in machines, systems, components, software, and services. Among the recent winners is the TRION 740 combine, which was on display at the 2024 National Farm Machinery Show in Louisville.
Competition
Farmers’ demand for guaranteed MSP unlikely to have significant impact on tractor industry: M&Medit
Mahindra & Mahindra reports Q3 PAT increase to INR 2,658 crore. Tractor sales decline 4.1%. Tractor industry volume declines due to weaker monsoon, weather vagaries, high base, and lower reservoir levels. Farmers’ protest unlikely to impact tractor industry. Maharashtra, Andhra Pradesh, Telangana, and Karnataka markets face stress. Good monsoon and reservoir levels will boost rural sentiment.
John Deere Power and Technology 5.0: Farmers get advanced technology and new tractors and combine harvestersedit
John Deere has always understood the needs of farmers and has provided new technologies to keep farmers ahead of time. Like every year, this year also in 2024, John Deere has given many gifts to the farmers through John Deere Power and Technology 5.0. This information was given in an official program broadcast on John Deere India’s YouTube channel on 14 February 2024.
Govt. Policies
Centre okays 139,000 tonne of chana procurement from Karnataka under PSSedit
The Centre has approved procurement of 139,000 tonne of Bengal gram (chana) from Karnataka in the 2023-24 rabi season under the Price Support Scheme (PSS), Union Minister Shobha Karandlaje said on Thursday. Besides, the Centre has released the third instalment of Rs 235.14 crore under the Rashtriya Krishi Vikas Yojana (RKVY) to the Karnataka government for the 2023-24 fiscal, the minister said.
Union govt’s farmer-centric initiatives drive agricultural transformationedit
Recognizing farmers as the backbone of India’s economy, the Union government has prioritized farmers’ welfare through a range of impactful schemes. These initiatives are designed to boost agricultural productivity, ensure financial security, and promote sustainable farming practices.