Page 2 - Agriculture Sector

Farm sector can maintain 4% growth for a decade: Niti Aayog's Ramesh Chand

India's agriculture sector can easily maintain a 4 per cent growth rate over the next 10 years, and the country needs to enhance its warehouse infrastructure, Niti Aayog member Ramesh Chand said on Thursday. Addressing an event organised by industry body PHDCCI, Chand said agricultural products' demand will grow at 2.5 per cent. "So, I feel that we can easily assume, easily maintain this 4 per cent growth in the agriculture sector in the next 10 years," he noted. India's agriculture sector recorded a growth rate of 3.7 per cent during the first quarter of 2025-26. "But our agricultural products' demand is not rising at that rate. So, either use these products for industry or tap the export market. I feel tapping the export market is a much better option," Chand added. Warehousing requirements for rice and wheat are not different, but in the case of maize, it is different, he said. Chand noted that regulations are important in influencing investment decisions in warehousing, if th

Growth momentum, lower leverage to drive gains for agrochemical company UPL

Brokerages bullish on stock amid easing leverage situation

Rajasthan govt aims to boost farmers' income through MSP procurement

Rajasthan's MSP drive expands as over 5 lakh farmers benefit from ₹8,191 crore in procurements, ensuring assured income and relief from market volatility.

UP's resilient farming model exemplary for small farmers: World Bank chief

World Bank Group President Ajay Banga has praised Uttar Pradesh's efforts to integrate technology with agriculture, describing the state's "resilient farming model" a global example for small and marginal farmers. Speaking at the AgriConnect Flagship event during the 2025 Annual Meetings of the World Bank, Banga showcased the UP model, having visited the state and seen things for himself in May, said the state's director of information, Vishal Singh. "The World Bank also posted its chief's speech on X, where he described what he witnessed in Uttar Pradesh," he said. The UP government also put out a statement stating how Banga commended the Yogi Adityanath government for developing an agricultural ecosystem that is resilient by design, stressing that climate adaptability was built into the system from the start rather than added later. "The way Uttar Pradesh is addressing climate challenges through its farmers is remarkable," Banga said in his speech that was shared by the UP ...

PM launches ₹35,440 cr agri schemes, inaugurates projects worth ₹5,450 cr

Prime Minister Narendra Modi on Saturday launched two major schemes for the agriculture sector with a combined outlay of Rs 35,440 crore, including a pulses mission aimed at reducing import dependency. The event coincided with the birth anniversary of socialist leader Jayaprakash Narayan. He also inaugurated projects valued at over Rs 5,450 crore in the agriculture, animal husbandry, fisheries, and food processing sectors, while laying the foundation stone for additional projects worth around Rs 815 crore. The 'Mission for Aatmanirbharta in Pulses', with an outlay of Rs 11,440 crore, aims at increasing pulses production from the current 252.38 lakh tonne to 350 lakh tonne by the 2030-31 crop year and reducing the country's import dependency. The Rs 24,000-crore 'Pradhan Mantri Dhan Dhaanya Krishi Yojana' aims to transform 100 low-performing agri-districts. The scheme will focus on enhancing productivity, promoting crop diversification, improving irrigation and storage, and ensuring

Russian Deputy PM meets PM Modi, discusses agriculture and food sector ties

PM Modi conveyed his warm greetings to President Vladimir Putin and said that he looked forward to welcoming him to India for the 23rd India-Russia Annual Summit

Agri share in GDP must rise to 26% for India to be self-reliant: Gadkari

Union Minister Nitin Gadkari on Wednesday stressed on the need to increase the share of agriculture and allied sector in the GDP to at least 26 per cent from the present 18 per cent to make India self-reliant. Addressing an annual general meeting of Crop Care Federation of India, Gadkari, the Union Road Transport and Highways Minister, emphasised on reducing the cost of production to make agriculture sector economically viable. To cut input costs, he called upon the farm equipment manufacturers to make electric as well as flex-engine tractors. Gadkari also asked the agro-chemicals industry to focus on introducing affordable bio-pesticides and bio-insecticides products by undertaking intensive research & development (R&D) works. He also told the industry to produce basic raw material in India itself and reduce import dependency to ensure the quality of the finished agro-chemicals. Talking about the agriculture sector, Gadkari said the farm sector is the backbone of our ...

GST cut to reduce farmers' solar pump costs by ₹1,750 cr annually: Joshi

Pralhad Joshi said GST rationalisation on renewable energy devices will lower solar pump costs for farmers by Rs 1,750 crore annually under schemes like PM-KUSUM

Farm machinery, tractors, fertilisers now attract 5% GST: Check full list

GST Council meet: GST on farm machinery, tractors, fertilisers and other agri items cut to 5 per cent from higher rates, giving relief to farmers

Karnataka Bank aims ₹85K cr loan book by March 2026 as operations stabilise

After stabilising operations, Karnataka Bank aims to expand its loan book beyond Rs 85,000 crore by March 2026 with growth led by retail, agriculture and MSME lending

Ready to pay heavy price for our farmers, fishermen: Modi on Trump tariffs

This is PM Modi's first response after Trump doubled India's tariff to 50 per cent over Russian oil imports, with the PM stressing India's agri-sector will not be compromised

Paradeep, Punjab Chem at 52-week high; what's driving agri stocks today?

Shares of agriculture-related companies were in demand on Tuesday on hopes that a normal monsoon could drive healthy demand for agro-chemicals.

NPAs in agriculture sector stay high amid loan-saturation concerns

The stress reflects growing concern over loan saturation, with some PSBs reporting lower single-digit year-on-year (Y-o-Y) growth

Google focuses on India's farms and languages in new AI initiatives

Google unveils open-source AI initiatives targeting India's agriculture and linguistic diversity, aiming to enhance farming productivity and cultural representation in AI models, boosting partnerships

Millers seek easing of export curbs as DDGS glut hits wheat bran demand

Wheat bran prices drop to almost ₹20 a kg from nearly ₹25 in May 2025

India to seal interim trade deal with US this week as tariff deadline nears

The interim trade deal comes as the Trump tariff deadline nears. The 90-day pause, announced on April 9, followed US President Donald Trump's sweeping tariffs on 100+ nations, including India

Datanomics: Banana steals mango's crown in India's fruit economy

The Gross Value of Output (GVO) of bananas, adjusted for inflation, surpassed that of mangoes for the second consecutive year in 2023-24

Bank credit growth slows to 9.8% in May as NBFC, retail lending dips

Bankers said besides subdued activity in the first quarter, the slowdown could be attributed to a high base effect and muted growth across segments, including retail

Agri output likely to propel India's Q4 GDP growth to 4-quarter high

Industrial sector expansion is, however, expected to remain subdued

Rajasthan govt to focus on strengthening agriculture sector's infra

The official said that the CM gave his consent to allot free land for these mandis, sub-mandis and food parks in government as well as local body areas