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Agriculture

Sugar Sector Shock: Addressing Dual Setbacks in the Sugar Industry, Maximizing Returns for Farmers

Sugar Sector Shock: Addressing Dual Setbacks in the Sugar Industry, Maximizing Returns for Farmers

Thu, Jan 18, 2024

Negative news for sugar companies, double blow to sugar companies, farmers will have to pay more for sugarcane, Uttar Pradesh government increased the SAP of sugarcane by ₹ 20 per quintal, Punjab government has also taken the decision to increase the price, many states will follow this trend. are considering such steps

Crops ready for harvest but no workers in Uttar Pradesh due to coronavirus lockdown

Crops ready for harvest but no workers in Uttar Pradesh due to coronavirus lockdown

Thu, Mar 26, 2020

Sardar Surjit Singh, who is among the affluent farmers in Pilibhit district, said that `Baisakhi`, which is a festival of celebration by farmers, may not be very joyful since harvesting and threshing of the crops is stalled due to lockdown.

Modi government raises MSP for rabi, kharif crops for 2019-20

Modi government raises MSP for rabi, kharif crops for 2019-20

Tue, Mar 17, 2020

Government increases the Minimum Support Price (MSP) for Kharif and Rabi crops of 2019-20 season including Paddy, wheat, pulses and oilseeds on the line of fixing the MSP at a level of 1.5 times of the cost of production

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PAN not needed for cash sale of agri produce up to Rs 2 lakh per day

PAN not needed for cash sale of agri produce up to Rs 2 lakh per day

Fri, Nov 03, 2017

The Central Board of Direct Taxes (CBDT) said in response to representations from stakeholders regarding applicability of provisions of Income-tax Act, 1961 to cash sale of agricultural produce by the cultivators/ agriculturists.

Nod for raising extra budgetary resources for pending irrigation projects

Nod for raising extra budgetary resources for pending irrigation projects

Thu, Aug 17, 2017

Briefing reporters after a Cabinet meeting, Finance Minister Arun Jaitley said a large number of major and medium irrigation projects taken up under Accelerated Irrigation Benefit Programme (AIBP) had been languishing mainly due to inadequate provision of funds.

India's regulator clears use of GM mustard, final approval awaited

India's regulator clears use of GM mustard, final approval awaited

Fri, May 12, 2017

Late last year Reuters reported that the GEAC gave its technical clearance for GM mustard, following multiple reviews of crop trial data generated over almost a decade.

Investors bet on fertiliser stocks as IMD predicts good monsoon

Investors bet on fertiliser stocks as IMD predicts good monsoon

Wed, May 10, 2017

A Reuters report said, “India looks likely to receive higher monsoon rainfall than previously forecast as concern over the El Nino weather condition has eased, the chief of the India Meteorological Department (IMD) said on Tuesday, raising prospects of higher farm and economic growth.”

Income Tax: Only 0.39% farmers in India eligible to pay income tax even if asked

Income Tax: Only 0.39% farmers in India eligible to pay income tax even if asked

Thu, Apr 27, 2017

Niti Aayog member Bibek Debroy cooked up a storm earlier this week when he said that agriculture in India should come under the purview of income tax. So severe are the political implications of such a move that Finance Minister Arun Jaitley immediately swung into action and denied any such thought within the government.

After SBI's Bhattacharya, RBI Guv Patel speaks out against farm loan waivers

After SBI's Bhattacharya, RBI Guv Patel speaks out against farm loan waivers

Thu, Apr 06, 2017

On March 15, Arundhati Bhattacharya, Chairperson, SBI said that farm loan waivers may disrupt credit discipline among borrowers.

2017 monsoons to be below normal, Skymet says

2017 monsoons to be below normal, Skymet says

Mon, Mar 27, 2017

Monsoons are important for Indian economy as agriculture still largely is dependent on the weather phenomenon.

Investors now want to seed Agriculture start-ups to reap rewards

Investors now want to seed Agriculture start-ups to reap rewards

Tue, Mar 14, 2017

Even with an uptick in investment in these start-ups, the number of deals has dropped to 68 from 70 in 2015.

Two-wheelers demand drops by 5% in Q3FY17; rural demand to revive sales

Two-wheelers demand drops by 5% in Q3FY17; rural demand to revive sales

Tue, Feb 14, 2017

Demand from smaller towns and rural areas is expected to improve post demonetisation in the near term on the back of a healthy rise in income.

Centre forms panel to work for doubling farmers' income

Centre forms panel to work for doubling farmers' income

Wed, Feb 08, 2017

"As per preliminary reports received from the states, the total area sown under Rabi crops as on January 27, 2017 stood at 637.34 lakh hectares as compared to 600.02 lakh hectares in the corresponding period last year, indicating no significant impact of demonetisation on Rabi sowing," said a ministry statement.

Union Budget 2017: Total allocation of Rs 1.87 lakh crore for rural, agriculture

Union Budget 2017: Total allocation of Rs 1.87 lakh crore for rural, agriculture

Wed, Feb 01, 2017

Jaitley also said that the government has allocated a record Rs 48,000 crore for 2017-18 from 37,000 in 2016-17 for MGNREGA.

Demonetisation: United Bank of India sees credit growth at 7-8% by end of FY17

Demonetisation: United Bank of India sees credit growth at 7-8% by end of FY17

Mon, Jan 16, 2017

Credit growth of United Bank of India (UBI) at the end of financial year 2016-17 (FY17) will be as low as 7-8% due to demonetisation impact, its MD and CEO P Bajaj said.

Fertiliser Minister seeks Rs 20,000 crore of special banking facility for industry

Fertiliser Minister seeks Rs 20,000 crore of special banking facility for industry

Wed, Jan 11, 2017

Fertiliser Minister Ananth Kumar today said he has written to the Finance Minister for Rs 20,000 crore special banking arrangement to provide loan at reasonable rate to cash-starved fertiliser companies.

Maharashtra govt ease land revenue norms for infra projects

Maharashtra govt ease land revenue norms for infra projects

Sun, Jan 08, 2017

The state government has come up with an amendment in Maharashtra Land Revenue Code, following which non-agriculture certification will no longer be required for a land for which development plan is finalised.

Sowing under Rabi crops rise by 6%, rice drops

Sowing under Rabi crops rise by 6%, rice drops

Fri, Dec 23, 2016

Sowing of wheat grew by 7.42% at 278.62 lakh hectares, while pulses (138.25 lakh hectare) and oilseeds (78.08 lakh hectares) recorded growth of 9.95% and 11.35% respectively.

Demand side contraction to weigh heavy on India's inflation

Demand side contraction to weigh heavy on India's inflation

Wed, Dec 14, 2016

Care Ratings said, "The recent and unanticipated move of demonetization and the resultant cash crunch has created distortions in the market for agricultural and farm produce."

Monsanto shareholders back Bayer deal, CEO hopeful of U.S. approval

Monsanto shareholders back Bayer deal, CEO hopeful of U.S. approval

Wed, Dec 14, 2016

Increased research and development spending by the combined companies and plans to develop a global seeds and biotechnology hub in St. Louis fuel hopes regulators will not block the deal, which was agreed upon in September, Monsanto CEO Hugh Grant said.

Cash squeeze: ADB slashes India's 2016 growth estimate to 7%

Cash squeeze: ADB slashes India's 2016 growth estimate to 7%

Tue, Dec 13, 2016

South Asia's growth is estimated at 7.3% in 2017.

WTO meet: India calls for level playing field in agri-trade

WTO meet: India calls for level playing field in agri-trade

Sun, Oct 23, 2016

India has called for creating a level playing field for developing countries in agri-trade to safeguard livelihood of millions of poor farmers. The issue, among others, was discussed during the mini-ministerial gathering of key Trade Ministers of WTO in Oslo on October 21-22.

Government approves further import of 80,000 Masur and 90,000 Tur

Government approves further import of 80,000 Masur and 90,000 Tur

Thu, Sep 29, 2016

By far, the government has contracted nearly 1, 81,000 MT pulses for import , out of this 36,000 MT pulses have arrived. Apart from it, government had also obtained more than 1, 20,000 MT pulses from the domestic market and farmers.

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