Page 40 - Agriculture

Rice industry calls for budget support to boost exports, agri infra

IREF VP called for raising the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme from 1 per cent to 3 per rcent and reintroducing the interest equalization scheme to support exporters

Eco Survey calls for policy shift to cut cereal output, boost pulses, oils

Agriculture sector growth averaged 5 per cent annually during FY17-FY23, showing resilience despite challenges

Private banks stumble on agriculture, microfinance slippages in Q3

Credit cost for most of the lenders increased due to higher provisions, mainly for unsecured retail loans

Sugar industry has potential to increase its GDP share up to 3%: Gadkari

The Indian agriculture sector provides livelihood to about 42.3 per cent of the population and has a share of 18.2 per cent in the country's GDP at current prices

India braces for warmer Feb, wheat crop, rapeseed output may be at risk

As the world's second biggest wheat producer, India is counting on a bumper harvest in 2025 to avoid costly imports, following three straight years of poor crop yields since 2022

Govt raises procurement price of C-heavy molasses ethanol by Rs 1.69/litre

Prices for ethanol produced from B-heavy molasses and sugarcane juice/sugar/sugar syrup remain unchanged at Rs 60.73 and Rs 65.61 per litre, respectively

India's coffee exports likely to decline over 10% on lower production

Lower exports from India could further tighten global supplies, already squeezed by weaker output from top producer Brazil, which would support benchmark futures that hit a record high this week

Bagasse-generated power from UP sugar mills dropped to six-year low in FY24

Sources attribute the slump in power production from bagasse to govt's reluctance to revise tariff rates

Rising wheat prices also have a subsidy aspect, thanks to open market sales

According to traders, the price spike this time could last a little longer as the Centre's ability to intervene in the market through open market sales might get squeezed due to dwindling stocks

Govt may consider agri subsidies via direct benefit transfer: Shivraj Singh

The minister also said that the government is considering bearing the transportation cost for agricultural produce so as to enable farmers to sell their products across the country

Wheat sowing increases 2.8%, oilseeds acreage remains lower: Govt

Area sown to pulses rose to 142.49 lakh hectares from 139.29 lakh hectares, while sowing of coarse cereals remained flat at 55.67 lakh hectares so far this rabi season

Budget 2025: Govt may raise farm allocation by over 15% to $20 billion

The additional cash would be directed to developing high-yielding seed varieties, increasing storage and supply infrastructure, and boosting production of pulse crops, oilseeds, vegetables, and dairy

From importer to exporter: How India took over the French fries market

India exported 135,877 tonnes of French fries valued at Rs 1,478.73 crore in 2023-24, marking a significant milestone in India's processed food industry

Sugar prices hit three-year low as govt allows 1 mn tonnes of exports

Although there had been speculation for weeks that exports would be allowed, the decision surprised some traders as this season's production is expected to fall below consumption

Agriculture ministry launches first-ever edible oil consumption survey

The initiative comes as India -- the world's largest consumer and importer of edible oils -- lacks recent data on consumption patterns

Agri research needs big boost, has to be more focused, say experts

Studies show that agri research has the highest RoI among farm-linked activities. Will ICAR get more funds in the Budget?

Centre proposes meeting with protesting farmers on Feb 14 in Chandigarh

Following the announcement, leaders appealed to Jagjit Singh Dallewal, whose fast-unto-death entered 54th day on Saturday, to take medical aid so that he can participate in the meeting

Some proposals received from Centre, will discuss it, say agitating farmers

Kotra's statement came following a two-hour-long meeting with the Union government officials over farmers' demands

Centre slashes FCI rice price by Rs 550 per quintal to Rs 2,250 for states

According to a Food Ministry order, state governments and state-run corporations can purchase up to 12 lakh tonnes, while ethanol distilleries are allowed to buy up to 24 lakh tonnes at a reduced rate

UP sugar mills want status-quo on SAP due to rising cost of production

Sugar season runs from October to September