Mahindra Group displays its range of potato farming technologies at Global Potato Conclave 2020

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Mahindra Farm Equipment Sector and Mahindra HZPC Pvt Ltd; a joint venture of Mahindra Agri Solutions Limited and HZPC Holding B.V., the world’s largest seed potato player, participated in the Global Potato Conclave 2020 last month in Gujarat, India. At the conclave Mahindra HZPC (MHZPC) showcased its 6 new seed potato varieties viz. Colomba, Memphis, Taurus, Sagitta, […]

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Customized technology and policy reforms are key concerns of agriculture sector: Ramesh Chand, Member, NITI Aayog

Prof Ramesh Chand, Member, NITI Aayog, said that Indian agriculture sector faces issues in customized technology and implementation of the policy reforms at ground level, especially at the state level. Speaking at ‘Release of India Commodity Year Book 2020 & Discussion on Union Budget Announcements for Agriculture Sector’, Prof Chand said, “Technology is the prime mover and India […]

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Finance Minister promises more credit for agriculture during the next fiscal in her Union Budget 2020 speech

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Finance Minister Ms Nirmala Sithraman announced an agricultural credit target set to Rs 15 trillion for next fiscal in her budget speech. Rural development and Panchanyati Raj were allocated Rs 1.6 trillion by the minister. She listed 16 action points for ‘aspirational India’ in her speech. The state governments who are already implementing three model […]

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Government likely to announce two agriculture schemes in Union Budget 2020

The Centre is likely to announce two agriculture schemes during the upcoming Union Budget, as per an Economic Times report. One scheme will be related to crop diversification while the other will give financial help to form Farmer Producer Organizations (FPOs), according to the report. In the crop diversification scheme, the Centre is also likely […]

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Agricultural goods can fetch India can earn additional $97 billion in exports: FAO

Select agri and agri-based commodities like meat, milk and fruits, among others, present export opportunity worth over $ 97 billion (about Rs 6.9 lakh crore) for India, as per data released by the Food & Agriculture Organisation (FAO). India’s export share in agri items such as bananas, oranges, chicken, meat, and milk products like cheese […]

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Monsoon deficit narrows; kharif sowing progressing well: Agriculture Minister

The deficit in southwest monsoon has narrowed and the sowing of summer (Kharif) crops is progressing well across the country, Agriculture Minister Narendra Singh Tomar said. The India Meteorological Department (IMD) has projected overall monsoon to remain normal. However till August 8, rainfall is 5 per cent below the normal level. “Monsoon was delayed a […]

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CRISIL cuts India’s GDP growth forecast for FY20 to 6.9%

Credit rating agency CRISIL Research has sliced its estimate of India’s gross domestic product (GDP) growth by 20 basis points to 6.9 per cent for this fiscal, following a triangulation of downside risks: weak monsoon, slowing global growth, and sluggish high-frequency data for the first quarter. The slowdown would be pronounced in the first half, […]

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Indian cabinet hikes MSP of Kharif crops for 2019-20 season

In a major boost to the farmers’ income, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved the increase in the Minimum Support Prices (MSP) for all Kharif crops for 2019-20 Season. The move will lead to increased investment and production through assured remunerative prices to the farmers, an official […]

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Indian budget focuses on agriculture infrastructure and farmers

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By Biman Mukherjee Amid concerns about rural distress, Indian Finance Minister Nirmala Sitharaman in her maiden budget speech announced a big push to agriculture infrastructure such as roads and encouraged farmers to move towards a low-cost model and greater resources efficiency. Under the Pradhan Gram Sadak Yojana, the budget promised to upgrade 1,25,000 kilometre of […]

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