Page 6 - Agriculture

Budget 2025: FM promises intervention in 100 districts to boost crop yields

Credit limit on KCC raised to Rs 5 lakh; farm Budget at Rs 1.71 trn, 22% more than FY25RE

India Inc to boost capex as Budget drives infra, manufacturing, mining

The Economic Survey released on Friday emphasised that the private sector must take the lead in driving economic growth

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

Private banks stumble on agriculture, microfinance slippages in Q3

Credit cost for most of the lenders increased due to higher provisions, mainly for unsecured retail loans

Coromandel International Q3: Net profit more than double to Rs 508 cr

The company's total income for the quarter ended December 2024 was Rs 7,049 crore versus Rs 5,523 crore for the quarter ended December 2023, up 28 per cent

Union Budget 2025-26: Here are the key challenges in the MSME sector

MSMEs face informational asymmetries, limited consumer visibility, and weak branding and marketing capabilities

Re 1 crop insurance scheme won't be discontinued: Maharashtra minister

Maharashtra Agriculture Minister Manikrao Kokate on Sunday reiterated that the government will not discontinue the Re 1 crop insurance scheme despite recommendations to shut it down. Speaking to the media in Nandurbar, Kokate confirmed that while some adjustments will be made, the scheme will continue in its current form to support farmers. The crop insurance scheme was introduced in the 2023 budget by the then-finance minister and deputy chief minister Devendra Fadnavis. Under the scheme, farmers can get crop insurance for just Re 1. Before the scheme, farmers had to pay the company 2 per cent of the insurance premium. The scheme, however, faced criticism after a review brought to light over four lakh bogus applicants. "This scheme is for the benefit of farmers, and while some changes are necessary, it will not be closed," the minister said. He further confirmed that compensation for crop losses was distributed to some farmers, and investigations into other cases were ongoing.

From importer to exporter: How India took over the French fries market

India exported 135,877 tonnes of French fries valued at Rs 1,478.73 crore in 2023-24, marking a significant milestone in India's processed food industry

Treasures in the shallows: India's coastline rich in high-value seaweeds

The government's goal is to achieve a seaweed production level of one million tonnes by 2025 through higher harvesting from natural sources, and better captive cultivation

Shivraj Singh Chouhan's Delhi move: A promotion or loss of MP clout?

In the delicate dance that will accompany the appointment of a new president of the party, Mr Chouhan could be a participant

Looking to double turmeric production to 2 million in 5 years: Piyush Goyal

The National Turmeric Board will help develop new markets internationally to promote exports and double production to about 20 lakh tonnes in the next five years, Commerce and Industry Minister Piyush Goyal said on Tuesday. Inaugurating the Board, he also said that it will promote research and development into new products and develop on the country's traditional knowledge for value-added turmeric products. "Turmeric is also called as golden spice. India accounts for 70 per cent of global turmeric production... We are looking to double the production to 20 lakh tonnes in five years," he told reporters here. The government in October notified the constitution of the National Turmeric Board. It will focus on the development and growth of turmeric and turmeric products in the country. India is the largest producer, consumer and exporter of turmeric in the world. In the year 2022-23, an area of 3.24 lakh hectares was under turmeric cultivation in India with a production of 11.61 lakh

Centre to review agriculture situation every week: Shivraj Singh Chouhan

Review to include crop condition, pest infestation, and weather conditions to give best value to farmers

Statsguru: Are consumers paying exorbitant price for farm products?

While one may take various commodities to gauge the additional prices consumers pay over wholesale rates, here we have assessed seven commodities

Budget likely to raise KCC credit limit from Rs 3 lakh to Rs 5 lakh

Launched in 1998, Kisan Credit Card scheme had over 74 million accounts, with outstanding credit of Rs 8.9 trillion as of June 30, 2023

Govt working on no interest warehousing for farmers, says Chouhan

He said the agriculture ministry has approached the Finance Minister to enable farmers to get paid on the basis of warehouse receipts

Natural farming to be adopted in all farms under agriculture dept: CM Sukhu

All farms under the Agriculture Department will be fully developed for natural farming by next year, with a focus only on producing seeds for natural farming, said Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Friday. Chairing a review meeting of the Agriculture department here, he said that one lakh families would be linked with natural farming in the coming year, according to a statement issued here. He directed the department to map farmers cultivating wheat and maize through natural farming methods across the state and issued instructions for the establishment of high-tech storage centres for the grains produced through natural farming. Sukhu said that Himachal Pradesh was on its way to becoming a leading state in natural farming, and the state government was leaving no stone unturned to achieve this goal with a view to benefit the maximum farming community. It is important to adopt natural treatment methods for disease management in the crops grown naturally, he sa

Niti Aayog seeks balance between govt and corporate debt markets: Bery

Niti Aayog is exploring ways to realign the balance between the very deep government debt market and the corporate debt market, a top official said on Friday. The government think tank will also examine the possible impact of any moves which may be aimed at deepening the corporate debt market, its vice chairman Suman Bery said at an event here. "A ...balance that we are going to have to get right is between corporate debt and government debt, and exactly what that takes in terms of both fiscal adjustment and in terms of the liquidity in the corporate debt market. These are issues that we have been exploring at Niti (Aayog)," Bery said at an event organized by the Sebi-promoted NISM here. The government securities market is very deep for many years now, helped by policies like a mandatory statuary liquidity ratio (SLR) for banks which ensures that the government has adequate resources to carry out its developmental agenda. There is also a very active secondary market where such bonds

Farm sector holds out amid headwinds: NSO's 1st advance estimates for FY25

Strong monsoon, robust kharif output drive growth, boosting agri GVA

Centre extends additional subsidy on DAP, costing up to Rs 3,850 crore

Chouhan says NCEL enters into agreement with Indonesia to supply 1 million tonnes of non-basmati white rice

Wheat acreage matches normal area, raising hopes of regular harvest

With the weather expected to turn cold in north India and a forecast of mild showers, it should augur well for the standing crop