Page 16 - Agriculture Sector

GDP data: No surprises here; need different policy measures to stem the rot

The only sector to show growth is agriculture, while the government sector disappointed with public admin de-growing by 10.3 per cent

Farm sector sees spike in private investment after reforms: Agri secy

The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020 was brought in to legalise contract farming

Bank credit grows 5.52% to Rs 102.2 trn in fortnight ended Aug 14: RBI data

Credit to the services sector continued to grow at a robust, albeit decelerated, rate at 10.7 per cent in June 2020 vis-a-vis 13 per cent in June 2019

Agri sector silver lining for FY21 amid economic slowdown: NABARD chief

Chintala said one of the prescriptions for lifting the economy out of a slowdown was to put in place a strategy that leverages its latent strength

States assure Centre of utilising Rs 1 trn agri fund for farmers' welfare

States have assured the Centre that they will utilise the Rs 1 trillion agriculture infrastructure fund to create post-harvesting and other facilities at village level for the benefit of farmers

RBI flags concerns over climate change impact on India's farm outlook

Consistent with models of climate change, the number of dry days as well as days with extremely high levels of rainfall have increased in India

States opt out, farmers' enrolment drops as PMFBY enters a new phase

From imposing penalties on insurance companies and states that delay claim payment to farmers, to making the scheme voluntary for farmers, PMFBY has seen many twists and turns since inception

CRISIL DRIP: Normal rainfall continues, barring in 3 states and for 3 crops

Rajasthan, MP and Odisha in the stress zone

Impact investors switch focus to agriculture, health and education

47% of the $10.7 bn invested between 2010 & 2019 has come in last two years

Healthy, well-spread rainfall raises hope amid Covid-19: CRISIL DRIP

But DRIP scores show some stress for three states and three crops

Agri infrastructure fund to create jobs, develop rural economy: Amit Shah

Shah said many unprecedented steps have been taken to double the income of farmers and for the development of the agriculture sector

Centre releases Rs 553 crore to states for agricultural mechanization

The Centre has released Rs 553 crore to states under a scheme to promote mechanization in the agriculture sector. The Sub-Mission on Agricultural Mechanization (SMAM) was launched in April 2014 with an aim to have inclusive growth of farm mechanization to boost productivity. "In the year 2020-21, budget of Rs 1,033 crore has been provided for the scheme, out of which Rs 553 crore has been released to state governments," an official statement said. Agricultural mechanization helps in increasing production through timely farm operations and cut in operations by ensuring better management of inputs. Mechanization also enhances the productivity of natural resources and reduces drudgery associated with various farm operations. The agriculture ministry pointed out that paddy straw burning is one of the major problems in the northern region of the country causing pollution. With an objective of moving away farmers of this region from the practice of crop residue burning, the scheme of C

Tweak FCI's procurement strategies to boost rice exports: Expert panel

Rice is among the biggest agriculture exports from India along with buffalo meat and cotton

Finance Commission group suggests to set up state-led plan for agri exports

The high-level group is of the view that India's agricultural export has the potential to grow from $40 billion to $70 billion in a few years

UPL: Favourable conditions in key markets to boost growth in coming qtrs

However, strong India business and margin gains were better than expectations

Three months on, locusts remain a threat as FAO warns of fresh swarms

WMO finds direct correlation between increased locusts attack and climate change

How tech start-ups are working to solve problems, challenges of agri sector

Themes such as farm-to-fork, factory-to-farm, financing and mechanisation enablers will be of significant interest in the coming months

Locusts enter Haryana districts; agri minister says necessary action taken

The minister said the agriculture department deployed fire tenders filled with chemicals and tractor-mounted spray guns to kill the insects

Kharif sowing 44% more than last year, southwest monsoon to boost further

In June, the first month of the season, rainfall over north India was 4 per cent above normal, which was the lowest among the four major subdivisions.

Agritech start-ups to attract $500 mn in investments in next 2 years

In 2019 alone, $244.59 million were invested in the sector, an increase of over 350 % YoY