Sugarcane arrears to farmers touched nearly Rs 19,000 crore as on June 18 of the ongoing marketing year ending September with maximum amount owed by sugar mills in Uttar Pradesh, according to the government data. Mills in Uttar Pradesh owe the maximum amount at Rs 11,082 crore, followed by Karnataka (Rs 1,704 crore) and Maharashtra […]
By Ritwik Sinha India-based crop protection major United Phosphorous Limited (UPL) is expecting a significant surge in sales in the domestic market in the near- to medium-term due to the government’s ambitious target to raise farmers’ incomes and robust growth in farm exports. UPL, which is among the top five global agro chemical companies after […]
Farmers are expected to grow more Basmati rice this kharif season, with the acreage under cultivation likely to go up by up to 20 per cent, driven by higher remuneration, low carryover stock and increased demand from Iran, reports The Economic Times. An aggressive buying by Iran has pushed basmati exports from the country to […]
The new government at the Centre is ready to come out with a slew of policies aimed at reducing the farm distress in the first leg of its term. According to a report in The Financial Express, the agriculture ministry has firmed up a plan to extend benefits of the PM Kisan scheme to cover […]
India’s farmers and the poor stand to gain the most, irrespective of who comes to power, post the general elections 2019. Going by the manifestos of these two parties, it is clear that both are wooing farmers in a big way. At an estimated 263 million, farmers indeed form a key voting bloc in the […]
India’s soybean output is likely to rise significantly by 38 per cent this year on a sharp increase in average yield across the country, following favourable climatic condition in major cultivating states including Madhya Pradesh, Maharashtra and Rajasthan. Data captured through the latest assessment of farmers, traders and other stakeholders by the apex industry body the Soybean Processors’ Association […]
Pitching a strong re-election bid, India’s BJP-led NDA government announced the biggest income tax sops for middle class, including complete exemption for income up to Rs 5 lakh, and Rs 6,000 annual cash dole to poor farmers in a scheme that will cost Rs 75,000 crore per year. Converting a vote on account speech into […]
India’s gold demand is likely to surge 25 per cent in the second half of this year on improved purchasing power of farmers owing to higher minimum support price (MSP) for crops announced by the government, a report by Assocham-World Gold Council report. India, the world’s second-biggest buyer of the precious metal, consumes 800-900 tonne […]
India’s gold demand is likely to surge 25 per cent in the second half of this year on improved purchasing power of farmers owing to higher minimum support price (MSP) for crops announced by the government, says an Assocham-World Gold Council report. India, the world’s second biggest buyer of the precious metal, consumes 800-900 tonne […]
Sugarcane cultivators in India are opposing the government’s decision to revise the fair and remunerative price (FRP) for sugarcane from Rs. 2,550 per tonne to Rs. 2,750 per tonne for 2018-19. The Sugarcane Cultivators’ Association has pointed out that significant increase in the procurement price is linked to a base sugar recovery rate of 10 […]
