Page 5 - Agriculture

Bihar must rethink growth drivers as current model falls short: Report

A Kotak-ICRIER report says Bihar's development model has not delivered due to an unremunerative agriculture sector, urging diversification, rural infrastructure upgrades and institutional reforms

DCP system faces challenges over late payments, MSP bonuses, surplus stock

The latest large grain producing state to choose centralised grain procurement has claimed high-interest loans and non-repayment from the Centre as a reason

US tariff shift opens narrow window for India's farm exports

US tariff exemptions on select farm goods offer India narrow export boost, but gains will stay limited unless India expands scale, strengthens cold-chain capacity and diversifies agricultural exports

As NDA returns to power in Bihar, all eyes turn to its farm promises

Topping of PM-KISAN by ₹3,000 a year; guaranteed procurement at MSP at panchayat level major sops

Govt releases draft Seeds Bill 2025, draws flak over farmers' compensation

Critics say it's silent on farmers' compensation, but welcome emphasis on traceability and price regulation

Mirova invests $30 mn in Varaha's Kheti soil carbon project in India

Mirova has invested $30 million in Kheti soil carbon project, marking its first India carbon deal and its largest commitment under nature-based strategies aimed at scaling regenerative farming

Sowing trend: Wheat acreage rises 129% as of November 7, shows data

Soil moisture substantially improved owing to vigorous post-monsoon showers across many parts of India, which swayed farmers to plant more area under rabi crops to get the best yields

Wilmar to acquire 13% stakes in India's AWL Agri for ₹4,650 crore

The unit Lence will buy 169 million shares in the consumer goods joint venture between Wilmar and Adani Group, it added

World food prices fall for second consecutive month in Oct, UN's FAO says

The FAO Food Price Index, which tracks a basket of globally traded food commodities, averaged 126.4 points in October, down from a revised 128.5 in September

Rapeseed planting to hit record high on good weather, Chinese demand

The combined planting area for rapeseed and closely related mustard is expected to increase by 7% to 8% this year

AWL Agri Business Q2 results: Net profit declines 21% to ₹245 crore

Edible oil major AWL Agri Business Ltd on Monday reported a 21 per cent decline in consolidated net profit to Rs 244.85 crore in the September quarter. Its net profit stood at Rs 311.02 crore in the year-ago period. Total income rose to Rs 17,525.61 crore during the July-September period of this fiscal year from Rs 14,552.04 crore in the corresponding period of the preceding year, according to a regulatory filing. AWL Agri Business Ltd, which sells edible oils and other food items under Fortune as well as some other brands, said, "PAT (profit after tax) at Rs 245 crore was down 21 per cent YoY on account of a strong base quarter". During the quarter, the company recorded volume growth of 2 per cent year-on-year (YoY) to 1.68 million tonnes across three businesses -- edible oils, industry essentials. and food -- FMCG. During the second quarter of this fiscal, revenue from edible oils rose 26 per cent year-on-year, and industry essentials posted a 19 per cent increase. "Food & FMCG

Van Der Hoeven wins €40 mn contracts for strawberry greenhouses in India

Dutch company Van der Hoeven Horticultural Projects said on Thursday it has secured three contracts worth 40 million euros to build high-tech greenhouses for strawberry cultivation in India. The greenhouses will be set up across 8 hectares in Punjab, Tamil Nadu and Karnataka, Sales Manager Pieter Jan Robbemont told PTI. "For the first time, we are going to bring our hi-tech greenhouse technology to India. We have got three projects for strawberry cultivation," Robbemont said. The company is awaiting bank financing to start implementation, with construction taking a minimum of one year, he said. The Dutch technology differs from existing systems in India by offering advanced climate control, irrigation, automation and cultivation systems designed to optimise crop production across diverse climates, the company said. Van der Hoeven is one of four companies exploring the Indian market under HortiRoad2India, a multi-year public-private partnership initiative by the Netherlands to prom

Govt to bring stringent seed law in Budget session 2026: Shivraj Chouhan

The government plans to introduce legislation with stringent provisions to regulate seed quality during the budget session of Parliament early next year, Agriculture Minister Shivraj Singh Chouhan said on Thursday. Addressing an event on Farmers Producer Organisations (FPOs), Chouhan said the amendments are aimed at ensuring quality inputs for the farming community. The minister said about 46 per cent of the country's population still depends on farming for their livelihood, and ensuring better income to farmers is a key government priority. "We are going to bring the seed law in the budget session of parliament (early 2026)," Chouhan said, adding that there would be stringent provisions to check the sale and distribution of substandard quality seeds. He said genetically modified seeds are not allowed, and research is underway to develop better varieties. The amendments to the Seeds Act at the central government level remain under active development but have not yet been formally

India's rice exports to rise over 10% in FY26 on robust global demand

India's rice exports in volume terms is likely to rise more than 10 per cent during this fiscal on better demand from overseas markets, APEDA Chairman Abhishek Dev said on Thursday. In the 2024-25 fiscal, India exported 20.1 million tonnes of rice valued at USD 12.95 billion, reaching more than 172 countries. Agricultural and Processed Food Products Export Development Authority (APEDA) is an arm of the commerce ministry which deals with issues related to the country's agri exports. "Rice exports will increase this fiscal. We are expecting double-digit growth in volume terms," Dev told PTI on the sidelines of Bharat International Rice Conference (BIRC) 2025 being held here. He said exports would grow in terms of value as well. The two-day global rice conference started on Thursday at Bharat Mandapam here. The conference is being organised by the Indian Rice Exporters' Federation (IREF). APEDA is providing non-financial support to this event. Dev stressed the need to increase expo

Global rice conference from Oct 30 to showcase AI-based sorting tech: IREF

Rice exporters' apex body IREF is organising a two-day global rice conference in the national capital starting Thursday with an aim to boost outward shipments and increase India's share in international trade. The Bharat International Rice Conference (BIRC) 2025, to be held during October 30-31 at Bharat Mandapam, will highlight India's growing leadership in the global rice sector, Indian Rice Exporters Federation (IREF) said in a statement on Wednesday. The event will also have a live launch of the country's first Artificial Intelligence (AI)-based rice sorting system, it added. The conference will bring together delegates from over 80 nations, including top global rice importers, exporters, scientists, and policymakers. The Agricultural and Processed Food Products Export Development Authority (APEDA) is giving non-financial support to the event. A special highlight of BIRC 2025 will be the felicitation of 17 farmers from several states by international buyers, recognising their .

Centre hikes non-urea fertiliser subsidy to ₹37,952 cr for rabi 2025

Hike to compensate for rising import price of sulphur, phosphorus and DAP

Best of BS Opinion: SME IPOs' heady rise masks irrational exuberance

Today's editorials examine the risks around SME listings as well as investments into the AI ecosystems; our columnists bat for automation in agriculture, and for avenues to attract scientific talent

Maha govt okays ₹648 cr relief for crop damage, aid extended to 3 hectares

The Maharashtra government has sanctioned Rs 648.15 crore for the distribution of relief to farmers affected by excess rainfall and floods during this year's monsoon, officials said. The relief limit too has been extended from two hectares to three hectares as a special measure, Relief and Rehabilitation Minister Makarand Jadhav-Patil announced on Tuesday. The decision aims to provide immediate financial assistance to rain-affected farmers and a necessary government resolution (GR) has been issued, he said in a statement. So far, the Relief and Rehabilitation Department has sanctioned around Rs 8,139 crore to assist farmers affected by natural calamities during the current kharif season, Jadhav-Patil said. The decision will benefit 6,12,177 farmers and cover 6,56,310.83 hectares of affected crop area, he said. The Chhatrapati Sambhajinagar division (districts of Beed, Latur, Parbhani, Chhatrapati Sambhajinagar, Jalna, Hingoli, Nanded) will get Rs 346.31 crore for 3,58,612 farmers,

India braces for higher fertiliser prices as China suspends exports

India is preparing for higher fertiliser prices ahead of the crucial rabi (winter) crop season after China suspended exports of urea and specialty fertilisers from October 15, a senior industry official said on Tuesday. China, which had only recently resumed fertiliser exports from May 15 to October 15 with increased inspections, has now suspended the export window until further notice, affecting not just India but global markets as well. The suspension covers specialty fertilisers like TMAP (Technical Monoammonium Phosphate) and Urea-solution products like AdBlue, as well as conventional fertilisers such as DAP and urea. "China has closed the export window from October 15 not only for India but the entire world market," Soluble Fertilizer Industry Association (SFIA) President Rajib Chakraborty told PTI. "I believe the export suspension will be for the next 5-6 months," he said. India imports about 95 per cent of its specialty fertilisers, including phosphates like TMAP and ...

Serving farmers is serving God, says Agriculture Minister Shivraj Chouhan

Union Agriculture & Farmers Welfare Minister Shivraj Singh Chouhan on Saturday said that serving farmers is serving God, and asserted that under the leadership of Prime Minister Narendra Modi, doubling the income of every farmer is our goal. He said that building a glorious, self-reliant, prosperous India is our goal. We will not compromise on the interests of Indian farmers. Our country is full of wealth and grains. We have to increase crop production. Addressing a public meeting at Acharya Narendra Dev Inter College in Pathardewa in Deoria district, Chouhan said, "Serving farmers is serving God. Under the leadership of Prime Minister Narendra Modi, doubling the income of every farmer is our goal. Building a glorious, self-reliant, prosperous India is our goal. We will not compromise on the interests of Indian farmers. Our country is full of wealth and grains. We need to increase crop production." He urged the farmers to use good seeds for a good harvest. Those who sell faulty ..