The Cotton Corporation of India (CCI) has procured around 1.04 crore bales of 170 kilograms each. This is a global record of procurement by any single entity till date. The total procurement by CCI is valued at Rs 28,000 crore. The previous best performance by CCI was 90 lakh bales in 2008. Of the total […]
India’s new deepwater gas production could be under pressure from low spot LNG prices, says Wood Mackenzie. Deepwater exploration is expected to drive India’s gas production growth, adding over 1 billion cubic foot per day (bcfd) of new supply by 2023. However, only 15% or 200 million cubic feet per day (mmcfd) of this supply […]
As Prime Minister Narendra Modi continues to push for Atmanirbhar Bharat, the country’s first boost towards self-reliance may be achieved in urea. India has commissioned four new plants before 2021 as it looks to reduce its dependence on imports from China. In fact, one more urea plant, which will take the total tally to five, is expected […]
Maharashtra farmers’ body Shetkari Sanghatana announced that it had begun an agitation so that farmers could sow genetically modified (GM) seeds in various parts of Maharashtra. The Sanghatana has also announced that it has distributed seeds of GM brinjal among farmers in Akola. Lalit Bahal, farmer and activist of the Sanghatana, in a small ceremony […]
The Ministry of Agriculture & Farmers Welfare has distributed Rs.19,350.84 crore worth of food grains to 9.67 crore farmers during lockdown period under Pradhan Mantri Kisan Samman Nidhi Scheme, says a Press Information Bureau press release. “Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme during the lockdown period from 24.3.2020 till date, 9.67 crore farmers have […]
Sugar production between October 2019 and May 15 this year in the current sugar season has declined by 19% to 26.46 million tonnes against 32.61 million tonnes in the same period last season — a drop of 6.15 million tonnes. Compared with 38 sugar mills which were crushing sugarcane as on May 15, last year, […]
India’s wheat production is set to surpass the rice output for the first time this year, according to the feedback the Centre has received from the states. The food ministry has been informed by wheat-growing states that production of the rabi-grown cereal may be 118.41 million tonnes, 11.5 per cent higher than the estimate of […]
The government has so far purchased around 1.34 lakh tonnes of pulses and nearly 30,000 tonnes of oilseeds from farmers worth Rs 785 crore during the ongoing marketing season of rabi (winter) crops. State-owned Food Corporation of India (FCI) and cooperative NAFED procured pulses and oilseeds at the minimum support price (MSP), on behalf of […]
Maharashtra The Vashi APMC near Mumbai has been asked to submit a revival plan by the state government. The Agricultural Produce Market Committee (APMC) at Wardha is planning to open trading for food grains on Friday. It is open for farmers, traders, mathadis and arhatiyas (agents), but arrivals have remained dramatically lower now than in […]
Corn prices in India have dropped due to lower demand after the country implemented a 21-day lockdown until April 14, putting all its non-essential services at halt in order to contain the spread of COVID-19. The Telangana government has announced that they will buy all the corn produced in the state at the minimum support […]
