Page 2 - Agriculture Sector

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

India needs 5% agri growth yearly to become developed by 2047: Chouhan

Agriculture Minister Shivraj Singh Chouhan on Tuesday said India requires a five per cent annual growth rate in agriculture and allied sectors to become a developed nation by 2047. Chouhan highlighted that foodgrain is grown on 93 per cent of farmland, but the growth is just 1.5 per cent. "We are working towards bridging the yield gap in crops and achieving a national average yield... If we have to make India a developed nation by 2047, agriculture and allied sectors have to grow at 5 per cent annually," he said. He was speaking at a press conference on the sidelines of the annual conference of Vice Chancellors of Agricultural Universities and Directors of ICAR Institutes. The minister expressed confidence that the five per cent annual growth rate is achievable, emphasising that various agricultural institutes play a key role in this endeavour. "Research plays a very important role in increasing agricultural production and reducing costs. Our target is to maintain an annual ...

Rajasthan's agriculture dept launches campaign against fake fertilisers

Suresh Kumar Ola, the state's agriculture commissioner, said that the quality control campaign will be run till July 10

This smallcap agri stock zoomed 16% in 2 days on Q4 nos; analysts say 'Buy'

Dhanuka Agritech shares rose after the company posted a strong set of results in the March quarter of financial year 2025 (Q4FY25).

India's farm sector growth to hit 3.5% in FY26: Shivraj Singh Chouhan

Agriculture Minister Shivraj Singh Chouhan on Monday said the country is likely to achieve 3.5 per cent farm sector growth rate during 2025-26, as he announced a pan-India 15-day campaign to educate farmers about new technologies before the ensuing kharif sowing. "Globally, agriculture growth of 1.5-2 per cent is considered to be good. India is achieving at least 3 to 3.5 per cent growth rate. We expect to achieve 3-3.5 per cent growth even in the next year (2025-26)," Chouhan said. According to the Economic Survey 2024-25, agriculture sector growth for the 2024-25 fiscal year is pegged at 3.8 per cent. The India Meteorological Department has predicted above-normal monsoon conditions this year, with the monsoon expected to reach Kerala by May 27, about five days ahead of the usual June 1 onset. Southwest monsoon contributes approximately 75 per cent of the country's annual rainfall, crucial for kharif crop cultivation. Sharing details about the 15-day kharif extension campaign ...

India releases genome-edited rice varieties to boost yields by up to 30%

Kamala - DRR Dhan-100 and Pusa DST Rice 1 use less water and help cut greenhouse gas emissions, says Agriculture Minister Shivraj Singh Chouhan

GreenGrahi raises ₹32 cr in a seed funding round led by Avaana Capital

The company also plans to expand its team and enter global markets, including the United States, United Kingdom, and the European Union

Noted agronomist Mangi Lal Jat appointed as director general of ICAR

Jat is a well-recognised systems agronomist with over 25 years of experience in systems science across the developing world

Startup Mahakumbh: 'India's rural, agri-tech startups lagging behind'

Industry experts said that to boost startups in the agri-tech space, there is a need for collaboration between different players in the ecosystem

US tariffs may hit agri, machinery, pharma, electrical sectors: Experts

Goods from sectors, including agriculture, precious stones, chemicals, pharma, medical devices, electricals, and machinery may get impacted if the US will go ahead with imposing reciprocal tariffs on Indian products, according to experts. They said that these sectors could face additional customs duties from the Trump administration because of the high tariff differential or gap, which is the difference between the import duties imposed by the US and India on a product. At the broad sector level, the potential tariff gaps between India and the US vary across the sectors. The gap is 8.6 per cent for chemicals and pharmaceuticals; 5.6 per cent for plastics; 1.4 per cent for textiles and clothing; 13.3 per cent for diamonds, gold, and jewellery; 2.5 per cent for iron, steel, and base metals; 5.3 per cent for machinery and computers; 7.2 per cent for electronics; and 23.1 per cent for automobiles and auto components. "The higher the tariff gap, the worse affected a sector could be," an

Over 20.5 mn farmer IDs created under Digital Agriculture Mission: Govt

More than 2.05 crore farmer IDs have been generated under the Digital Agriculture Mission, Parliament was informed on Tuesday. Minister of State for Agriculture Ramnath Thakur, in his written reply to the Lok Sabha, said the State Farmer Registry under the Digital Agriculture Mission covers all landholder farmers, including women farmers. Farmers Registry application also has the provision to onboard the tenant and lessee farmers. A state can decide to include such farmers in the Farmers Registry as per the state's policy. "As of February 2, a total of 2,05,26,912 farmer IDs have been created...," Thakur said. This includes 1.02 crore farmer IDs in Uttar Pradesh, 41.87 lakh IDs in Madhya Pradesh, 36.36 lakh in Gujarat, 22.54 lakh in Maharashtra, 1.42 lakh in Assam, and 75,593 in Rajasthan. About 14,343 farmer IDs have been created in Chhatisgarh, 9,843 in Odisha, 3,054 in Tamil Nadu, 424 in Andhra Pradesh and 19 IDs in Bihar. The Digital Agriculture Mission, with an outlay of Rs

Govt won't tolerate irregularities in agriculture sector: Shivraj

The government does not tolerate irregularities and will take action if anyone is found guilty of indulging in corruption, Union Agriculture Minister Shivraj Singh Chouhan said on Tuesday amid allegations of corruption in Maharastra's agriculture department. Chouhan was responding to an allegation levelled by NCP (SP) leader Supriya Sule, who quoted a minister and an MLA of Maharashtra of talking about alleged corruption to the tune of Rs 5,000 crore in the state's agriculture department. "This is for the first time I am hearing. I don't know what is the real position. But if there is any irregularity anywhere, we will conduct an inquiry and action will be taken against the guilty," he said in the Lok Sabha. Replying to another question, the minister said that so far 23 states and union territories have implemented the centrally sponsored Pradhan Mantri Fasal Bima Yojana (PMFBY) while the rest are yet to accept it. "It is the largest crop insurance scheme in the world. Some states

Maharashtra govt contemplating use of AI in agriculture sector: Ajit Pawar

The Maharashtra government is considering the use of artificial intelligence (AI) on an experimental basis in the agriculture sector to boost productivity and reduce production costs for farmers, Deputy Chief Minister Ajit Pawar said on Monday. During a review meeting here, Pawar directed the state agriculture department to work with the cooperation department to assess the technical and financial feasibility of the project. State Agriculture Minister Manikrao Kokate, Minister of State for Agriculture Ashish Jayswal, Minister of State for Cooperation Pankaj Bhoyar, President of the All India Grape Growers Association Kailas Patil, and other senior officials attended the meeting. Pawar said, "As crucial factors like crop health, soil carbon levels and soil health can be monitored using AI, we can use it on an experimental basis in the agriculture sector to boost productivity and reduce product cost for farmers." He said the transformation has to be practical and financially viable f

Economic Survey: Consistent 5% farm growth can help absorb surplus labour

It suggested policy reforms to discourage overproduction of cereals while boosting output of pulses and edible oils

Union Budget 2025: What Economic Survey says about the agriculture sector

The Economic Survey 2024-25 highlights 3.5 per cent growth in India's agriculture sector, with a strong focus on horticulture, livestock, and fisheries as key growth drivers

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

The government is trying to bring policy-level changes for simplifying agriculture, Union Minister Shivraj Singh Chouhan on Monday said and indicated that providing subsidies on fertiliser, seed and farming equipment through direct benefit transfer could be considered in the future. In an interaction with farmers, who were invited to witness the Republic Day parade as special guests, at his residence here on Monday, the Agriculture and Rural Development Minister said the government spends up to Rs 2,00,000 crore on fertiliser subsidies. "The fertiliser subsidy that the government gives costs to the tune of Rs 2,00,000 crore. A sack of urea costs Rs 265 to the farmers, but it costs Rs 2,400. The subsidy goes to the company. The fertilizer is also used for other purposes... If there is a reliable system, farmers can be given the subsidy directly in their accounts," Chouhan said. "The PM Kisan Samman Nidhi's cost comes to around Rs 60,000 crore, if the fertilizer subsidy is given throu

Will Budget 2025 signal bold decisions for the agriculture sector?

Critics say that so far, the Modi government, in its third term, has resisted from making any bold or path-breaking initiatives for the farm sector