Media Monitor
Agriculture Industry
‘Startup Mahakumbh’: PM Modi to address entrepreneurs at Bharat Mandapam todayedit
A three-day government-initiated event aimed at strengthening the startup ecosystem and drawing investments into the sector. Prime Minister Narendra Modi is scheduled to attend the “Startup Mahakumbh” on Wednesday at Bharat Mandapam in New Delhi, a three-day event organised by the government to bolster the startup ecosystem and attract investments in the sector.
Competition
Mizuho initiates Tractor Supply with Buy rating, sets $245 stock targetedit
On Tuesday, Tractor Supply Company (NASDAQ:TSCO), a prominent retailer in the farm and ranch category, received a Buy rating from Mizuho with a stock price target (PT) of $245. The initiation of coverage comes with an expectation of tempered earnings growth for the company due to a slowdown in comparable store sales.
Farm Mechanization
Use of satellite tech to weed out paddy buying fraud laudableedit
The Odisha government’s decision to remove a staggering 1.7 million plots from this year’s kharif paddy procurement records is a laudable move. After receiving complaints about fabricated data of cultivable land being uploaded, the state food supplies and consumer welfare department went in for a satellite survey and found that at least 1.79 million plots had been faked. Bizarre as it may sound, plots bearing forest, water bodies, orchards and fallow tracts were registered as paddy-growing land.