Weekly Wrap – Dilemma between lives and livelihood

The annual Economic Survey released on Friday India’s by India’s finance ministry was the highlight of the week. Quoting profusely from Nobel laureates and economists from all across the world, India’s Chief Economic Advisor Krishnamurthy V. Subramanian highlighted the crisis that the country faced in mitigating the Covid-19 pandemic crisis. However, the dilemma between lives […]

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Agriculture in India must transform from rural livelihood to modern business enterprise – survey

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The agriculture sector emerged as a sole bright spot in India’s economy during the current fiscal year, clocking a growth of 3.4%. But the growth needs to be sustained by treating the sector as a modern business enterprise and not just as a means of providing rural livelihood, says the annual economic survey released on […]

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India urged to allocate higher funding for agriculture R&D in government budget

Amid the ongoing protests by Indian farmers over three key legislations, global consultancy Deloitte has recommended policymakers relook at the way funds are allocated for agriculture in the upcoming union budget in order to boost the sector’s overall productivity. Out of the 5% allocated for agriculture in the budget for the current fiscal year, most […]

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Indian government meets farm unions amid divergent voices on protests

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Indian government officials met with representatives of farmer union groups on Wednesday in a fresh attempt to resolve their objections on three key farm laws. Divergent voices have emerged over the issues with one section leaning towards a speedy resolution of the dispute while another maintaining their demand for a complete repeal of the laws.  […]

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Indian government invites protesting farmers for talks today

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Indian Agriculture Minister Narendra Singh Tomar has invited representatives of farmer union groups for talks on Wednesday to discuss their objections over three key farm laws. The meeting is scheduled for this afternoon, according to an invitation reviewed by Indoasiancommodities.com. While a section of the farmers have said they are willing to discuss broad reforms […]

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Global agriculture science firm FMC looking to expand in India

Global agriculture sciences company FMC Corporation is looking to strongly expand its presence in India through partnerships and launch of new products,  Behthwyn Todd, FMC’s Asia-Pacific President said on Tuesday. “Our investment in India is gathering pace.We are committed to economic growth in India,”she told a conference on the agro chemicals sector. “There is a lot of […]

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Farmers should demand more freedom in agri-business, not block it, says Shetkari Sangathan leader

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Farmers from key northern Indian states might be against the three agrarian bills passed by the central government, but those from Maharashtra say there wasn’t any merit in their view on the minimum support prices (MSP). Tens of thousands of farmers from northern Indian states of Punjab, Haryana and Uttar Pradesh have been blocking entry […]

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India to expedite registration of new agrochemicals to boost sector

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The Indian government is looking to expedite clearances for new agrochemical molecules so that they reach farmers faster as well as enable help the crop protection industry emerge as a global hub, Ravi Prakash, plant protection adviser, Ministry of Agriculture and Farmers Welfare. He told a conference of the Federation of Indian Chambers of Commerce and […]

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India planning to introduce production-linked incentives for chemicals, agrochemicals

India is planning to soon introduce a Production Linked Incentive (PLI) programme for its chemicals and agrochemicals sector, similar to one that it has introduced earlier this year for mobile phone makers, Mansukh Mandavia, minister for chemicals said on Thursday. “We will reform all rules and regulations to give a boost to the Make in India […]

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