Page 16 - Agriculture Sector

Rajya Sabha passes two farm bills amid ruckus by oppn MPs, farmer protests

The House also rejected demand of several opposition parties to send the two bills to a Rajya Sabha Select Committee for greater scrutiny

Passage of agriculture bills in Lok Sabha to empower farmers: Niti Aayog VC

Welcoming the passage of two bills related to the farm sector in the Lok Sabha on Thursday, Niti Aayog Vice Chairman Rajiv Kumar said the legislation will empower farmers and have a "colossal impact" on the future of agriculture in the country. The Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill and the Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill were passed by voice vote, even as the Congress, DMK and Revolutionary Socialist Party members staged a walkout. "The Lok Sabha passes Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 & The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill, 2020 - historic day!," Kumar said in a series of tweets. He further said the legislation will not only empower but also create a fair and free ecosystem for farmers and traders alike, thereby fostering a spirit of friendly competition and improving trader ...

Farm Bills: Tomar assures MSP mechanism will continue for farmers

Tomar said that many steps, proposed in the Bill, had been recommended by the numerous expert committees, including those which were constituted by the previous Congress government

NABARD gives sanction for proposals worth Rs 1,568 cr under Agri Infra Fund

NABARD has given in-principle sanction for Rs 1,568 crore worth of proposals received from agri-credit societies in 22 states under the recently launched Rs 1 trn Agri Infrastructure Fund

Statsguru: Farm activity to MGNREGA wages, monsoon 2020 gives hope

Rains do swivel between normal, deficient and excess across years, but good rains in times of severe contraction in the economy are a big relief

Commodity picks: 14 September, 2020

Soybean is trading at Rs 3,835 per quintal at the benchmark Indore market; The cotton price of benchmark variety S6 is at around Rs 17,000 per bale

Govt aims to create 50 mn jobs in 5 years in MSME sector, says Gadkari

The minister also called for broadbasing support for innovations and entrepreneurship so that bonafide new talent also gets a chance to grow

Farm sector will continue to shine in 2020-21 but rural as a whole may not

The non-farm sector occupies a large part of rural income, and unless it grows substantially, just expecting farm growth to bring about rural sector revival is unreasonable, say experts

Doubling priority lending for renewables to help only small installations

Industry players say cap is inadequate to meet funding requirements of planned mega projects

Small positive growth can't be ruled out despite Covid lockdown: Rangarajan

Noting that the lockdown has put a brake on the economy, the paper suggested that the need to kick start the economy and move it forward has become urgent

Copious rains seed hope of bumper harvest: CRISIL's DRIP Index

Agriculture should be the saving grace for the beleaguered Indian economy this year

Bt brinjal approval rekindles debate on inadequate protocols and rules

Expert says experience shows that lot of illegal spread that happens during field trials gets into the food chain

India pins hopes on farms to boost a troubled economy. It may not be enough

The optimism about the sector has been fueled by timely rains, a good monsoon and an increase in the crop area. But here's a look at the risks that may curb growth going forward

India ready to sign limited trade deal with US anytime, says Piyush Goyal

The US has signed a mini trade deal with the European Union, but it is yet to respond to India's request

Agriculture clocks growth rate of 3.4% in Q1 despite GDP contraction

GVA at current prices at 5.7%, down from 8.6% YoY

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