Indian government procures paddy worth Rs 1.06 lakh crore so far this kharif season, 25% above normal

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The government has procured 25 per cent more paddy so far in this kharif marketing season at 564.17 lakh tonnes for Rs 1,06,516 crore amid farmers’ protest against three new farm laws. Kharif marketing season runs from October. “In the ongoing Kharif Marketing Season (KMS) 2020-21, government continues to procure Kharif 2020-21 crops at MSP […]

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India’s agriculture sector in 2020 – from record foodgrain production to farmer protests

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Indian agriculture sector achieved record foodgrain production and registered positive growth despite the coronavirus pandemic but the massive farmers’ protest at the borders of the national capital against the new farm laws overshadowed its remarkable performance last year. Notwithstanding the cold weather and pandemic concerns, the protest by thousands of farmers, mainly from Punjab and […]

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India exceeds government target of 175 GW renewable energy by 2020; touches 220 gigawatts

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India’s total renewable energy portfolio of installed and in-pipeline projects has crossed 220 GW, significantly higher than the Modi government’s target of installing a green energy capacity of 175 GW by 2020. Earlier in 2015, the government had committed to installing green energy capacity of 100 GW from solar, 60 GW from wind, 10 GW […]

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Rabi foodgrains output in 2020-21 may surpass previous record: Agri Minister Tomar

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The country’s rabi foodgrains production including wheat in the ongoing 2020-21 crop year is expected to be better than the previous year’s record of 153.27 million tonnes, according to Agriculture Minister Narendra Singh Tomar. Sowing of rabi (winter) crops is underway. The rabi sowing begins from October immediately after the harvest of kharif (summer) crops. […]

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India increased minimum support prices (MSPs) for all crops in the range of 40-70% last year

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Union Minister for aviation, Hardeep S Puri has said that the government has not only implemented the recommendations of the Swaminathan Committee to increase MSP to 1.5 times of the cost of production but it increased MSP in the range of 40-70% in case of all crops. The government’s expenses for procurement at MSP has increased by […]

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