Page 2 - Agriculture Growth

Rice prices at three-month low on shrinking demand, ample supplies

Vietnam's markets will be closed from Monday through Wednesday for national holidays

Force Motors to shut down its agricultural tractors business from March 31

In financial year 2023, the sale of agricultural tractors accounted for 3.66% of the company's total revenue, Force Motors said

BS Manthan: From trade & startups to China+1, here's what happened on Day 2

At the Business Standard's annual event Manthan, Union Minister Piyush Goyal and industry leaders spoke on various steps India needs to take to transform into 'Viksit Bharat' by 2047

BS Manthan panel: Viksit Bharat can't thrive without nourishing farm policy

Business Standard Manthan 2024: Agriculture has a key role in making India developed by 2047, including building a nourished workforce, panelists highlighted at the key event

WTO issues new draft deals post all-night talks, some issues unresolved

A draft agriculture deal showed that a key reform sought by India on permitted government support levels for farmers was still not agreed, with two alternative solutions sitting side by side

Modi's 'mismanagement' has set economic transformation back by 20 yrs: Cong

Underlining that economic growth means diversification of employment from agriculture to industry to services, the Congress on Saturday claimed that the progress achieved under Manmohan Singh's prime ministership in this direction has been reversed by the Narendra Modi government. The current dispensation's "mismanagement" has set the economic transformation back by 20 years, the party alleged. Congress general secretary Jairam Ramesh said the number of agricultural workers in India declined by 6.7 crore between 2004-05 and 2017-18 as workers left low-wage agriculture to instead pursue higher-wage occupations in manufacturing and services. This was a historic achievement, a key landmark in India's transition to a middle-income country, he said in a post on X. "All the progress achieved, largely under Dr. Manmohan Singh's prime ministership, has been almost entirely reversed within three years of Modi's Anyay Kaal," Ramesh claimed. Since 2018-19, the number of agricultural workers

Cong accuses Centre of surrendering Rs 1 trn agri-budget in 5 years

Union Commerce and Industry Minister Piyush Goyal said on Saturday that there is no proposal to lift export restrictions on wheat, rice, and sugar

Govt has strictly no plans to put MEP on all agri commodities: Comm Min

The government on Friday said there are "strictly" no plans to impose the minimum export price (MEP) on all agricultural products. Additional Secretary in the Department of Commerce Rajesh Agrawal said that there is no such intention of the government to look into exports of all agri products. "Just want to clarify that the government has no intention to put in MEP on all agri products or review all agri products from the export perspective. There is no such decision. The government has strictly no such plans," he told reporters here. An inter-ministerial committee, which looks into MEP on onion, has recently decided on basmati rice. He said that the committee getting a wider mandate does not mean that "the committee is there to look into each agri product and start recommending MEP for that". He informed that despite banning exports of non-basmati white rice, India has allocated 13 lakh tonnes of rice for exports to over 14 countries for their food security issues.

310 districts in 28 states, UTs highly vulnerable under NICRA: ICAR report

Uttar Pradesh has the highest number of districts where agricultural land may be vulnerable to climate change

Sugarcane crushing in full swing across country, says sugar trade body

The sugarcane crushing operation in the 2023-23 season is in full swing post-Diwali across the country, trade body AISTA said on Tuesday. Sugar season runs from October to September. "The crushing operation is in full swing across the country now. All sugar factories have started the crushing," All India Sugar Trade Association (AISTA) chairman Praful Vithalani told PTI. Some mills had begun the crushing operation during mid-October. However, it picked up post-Diwali, he said. There are about more than 700 installed sugar factories in the country with crushing capacity of about 340 lakh tonnes of sugar, as per the official data. The country's total sugarcane production is estimated to be higher at 434.79 million tonnes in the 2023-24 crop year (July-June), as against 422.25 million tonnes in the previous year, as per the first estimate released by the agriculture ministry. There was an opening stock of sugar at 5.7 million tonnes as of October 1 in view of slight decline in the .

'Pvt sector can provide advisory services, tech to support agri sector'

NITI Aayog member Ramesh Chand on Thursday emphasised on the importance of partnership between the private and public sectors for long-term agricultural growth. Addressing an event organised by industry body Assocham, Chand further stressed on the need for coming up with new ways to boost agricultural output and recognising the wide range of agricultural practices across the country. "Private sector can play a critical role in precision farming In India. It can provide advisory services, agrochemicals, and suitable technology to support agricultural development," he said. He also highlighted the growth seen in India's agricultural industry, notably in livestock and fisheries, with an annual increase of roughly 2.75 per cent. The NITI Aayog member elaborated on the complex interaction between agriculture and climate change. "The real challenge lies in increasing productivity. To do so, we must address concerns of cost, technological progress, and resource efficiency," he said. Cha

IZA calls for integration of micronutrients in Indian agriculture industry

With India's consumption of micro-nutrients in the agriculture sector remaining below the global average, the International Zinc Association (IZA) on Thursday called for the integration of micro-nutrients in agri-practices to produce nutrition-rich crops. Recently, there has been a shift in Indian consumer preferences towards healthier food options that can aid in maintaining and improving health. This has resulted in a surge in demand for high-value crops, thus driving the need for micro-nutrients in the Indian agriculture industry, it said. "India's journey towards optimal health and well-being hinges on the pervasive integration of micro-nutrients into our diets, healthcare, and agriculture practices," IZA South Asia Director Sourmitra Das said. He was addressing a two-day global micro-nutrient summit organised by IZA in association with the Fertiliser Association of India (FAI) here in the national capital. Highlighting the pressing challenge of micro-nutrient deficiencies ...

India's agri growth reaps harvest of rabi at 3.5% in June quarter

The India Meteorological Department (IMD) in its latest forecast released today though held out some hope

62 newly discovered plants may help agricultural lands facing water crisis

A new study reveals 62 resilient plant species in India's western ghats that have high potential in agricultural and conservation applications

IGNOU, ICAI ink MoU for distance diploma course in agri cost mgmt

A memorandum of understanding was signed between the Indira Gandhi National Open University (IGNOU) and the Institute of Cost Accountants of India on Tuesday to develop an open and distance learning diploma programme in agricultural cost management. According to an official statement, the diploma aims to create awareness and human resources in agricultural cost management by imparting knowledge, skills, and entrepreneurial capabilities to the farming communities. The programme will be beneficial for farmers, youths, small and medium entrepreneurs, extension workers, NGO functionaries/trainers, members of cooperative societies and self-help groups, among others, it said. The MoU was signed by Dr Alok Chaube, Registrar (Administration), IGNOU and CMA Vijender Sharma, President, ICMAI. A formal vote of thanks was presented by CMA Kaushik Banerjee, the secretary of ICMAI. IGNOU Professor SK Yadav said there is a need to educate the farmers and other target groups about cost management

Agriculture, allied activities clock a buoyant 4.6% growth in 2nd quarter

Gross value added (GVA) for agriculture, forestry and fishing during the comparable period of last year was 3.2 per cent

Pulses, onion won't see price hike this year; have adequate stock: Govt

The all-India average retail price of onion has witnessed a significant decline of 28 per cent compared to last year

Need to fix the concept of food subsidies to tackle world hunger crisis

Subsidizing food is largely not an activity that involves the world's poorest people who are most at risk of hunger, but its richest and most amply-fed

India at 75: A journey from growing more food to smartly growing it

Unless policies are pursued to address all the problems facing Indian agriculture holistically, the sector would find it difficult to meet the challenges of a new India

Russia-Ukraine conflict: Dehydrated onion exports from India take a 20% hit

Dehydrated or dried onions are largely exported from India to Europe which lifts 60 per cent of whole, cut, sliced, broken or as powdered bulbs from the country