Synopsis Officials said the duty was scrapped after review of rice stocks. The exemption will be effective from April 11. The centre in September, 2022 had imposed an export duty of 20% on Rice in Husk (Paddy or Rough), Husked (Brown Rice) and Semi-milled or Wholly milled Rice. The central government has scrapped export duty […]
Tag Archives: agricultire updates
Normal monsoon forecast eases crop and growth concerns for India
Synopsis Hundreds of millions of farmers across Asia’s third-largest economy depend on the annual monsoon to nourish their fields. Ample rains may boost production of crops like rice, soybeans, corn and sugar cane, helping to lower food prices and aiding the govt’s efforts to cool inflation. India, which relies on rain for the vast share […]
Govt allows 5 pvt firms for cluster farming in 50,000 hectares with Rs 750cr investment
Synopsis The Centre will give financial assistance up to Rs 100 crore depending on the size of the project under the recently launched central scheme Cluster Development Programme (CDP), which is implemented by the National Horticulture Board with an outlay of Rs 2,200 crore. The Centre has allowed five private firms to undertake cluster farming […]
Wheat crop loss likely to be 1-2 MT due to untimely rains, overall output to reach record level, says government
Synopsis India’s wheat production is likely to reach a record 112.2 million tonnes in the current year despite recent weather-related losses of 1-2 million tonnes, according to the country’s government. The government’s effort to procure wheat at minimum support price has already reached 7 lakh tonnes, compared to 2 lakh tonnes in the same period […]
About 1.5 lakh farmers practising natural farming in Himachal to be certified under PK3Y in FY24
Synopsis According to a study, 28 per cent farmers have adopted natural farming techniques on their own through peer-to-peer learning without any training and therefore the focus of PK3Y in this financial year will be consolidation of farmers practising natural farming, said Agriculture Secretary Rakesh Kanwar. About 1.5 lakh farmers practising natural farming in Himachal […]
Sugar output falls 3 pc to 299.6 lakh tonnes in October-March of 2022-23 market year
Synopsis India’s sugar production fell 3 per cent to 299.6 lakh tonnes in the first six months of the 2022-23 marketing year ending September, according to industry body ISMA. Sugar output stood at 309.9 lakh tonnes in the corresponding period of the previous year. India’s sugar production fell 3 per cent to 299.6 lakh tonnes […]
India’s Agricultural Economy with AGRITECH
Like in other parts of the globe, India’s small and marginal farmers confront various difficult obstacles that put them on the verge of poverty. The difficulties facing the over 100 million farmers dispersed across the seventh-largest country in the world must be handled methodically and carefully. The following generation of businesspeople has started creating Agriculture […]
Punjab farmers to get 33% subsidy on cotton seeds
Describing crop diversification as a critical necessity for the state, the Punjab Chief Minister Bhagwant Mann on Thursday asked farmers to take up crops like Cotton, Basmati Paddy, and Moong and not to take up regular paddy which consumes high quality of water. In a video message to the farmers of the state, the Chief Minister […]
Punjab FM presents Rs 1.96 lakh crore budget for 2023-24; agriculture, education health key focus areas
Synopsis Punjab Finance Minister Harpal Singh Cheema presented a Rs 1.96 lakh crore budget for 2023-24 on Friday. The budget has a focus on agriculture, education, and health segments, with total budget size increased by 26% to Rs 1,96,462 crore. The budget is the first full budget of the AAP government. After coming to power […]
Rs 900 crore sanctioned for holistic development of agriculture sector in J-K
Synopsis Director Agriculture production and farmers welfare department said besides educating farmers and agri-Startups about the latest developments, the event has been organised with a focus to encourage farmers to adopt cultivation of Millets. An amount of Rs 900 crore has been sanctioned by the Centre for holistic development of the agriculture sector in Jammu […]