Government efforts to resolve problems in the farm sector: Tomar

Union Agriculture Minister Narendra Singh Tomar stated on Wednesday that the administration is attempting to address the issues the nation’s agricultural sector is facing. he minister was addressing the National Conference on Agriculture for Rabi Campaign 2022–23. He emphasised that, according to estimates, foodgrain production increased by 5 million tonnes in the 2020–21 crop year, […]

Government plans to revamp crop cover scheme PMFBY to woo more insurers and rationalise premium

Synopsis The Pradhan Mantri Fasal Bima Yojana (PMFBY), launched in February 2016, aims to provide financial support to farmers suffering crop loss/damage arising out of natural calamities. Under this scheme, maximum premium payable by farmers is 2 per cent for all food and oilseeds crops grown in the kharif (summer) season, 1.5 per cent for […]

Indian rice rates jump on sound demand amid concern over possible export curbs

Synopsis India’s 5% broken parboiled variety was quoted at $379 to $387 per tonne, their highest since June 2021, from $366-$372 last week. Prices have risen for a third straight week. Indian parboiled rice prices rose because of a tender from Bangladesh, which could be forced to make big buying this year due to crop […]

Potato, tomato prices fall up to 30%

Synopsis The potato trade was holding back the crop in anticipation of better prices, but it did not happen, and traders were forced to release stocks, impacting the prices. In the case of tomato, good production this year has pushed down prices. Prices of potato and tomato, two staple vegetables in Indian kitchens, have fallen […]

Rs 13.8 crore crop loans to be waived: Puducherry CM; Assembly adjourns sine die

Synopsis As part of the initiatives to mitigate the woes of farmers, the government has decided to write off the loans due from ryots to banks amounting to Rs 13.8 crore. A sum of Rs 30 crore had been earmarked to rehabilitate the sick cooperative societies and undertakings in the Union Territory. Puducherry Chief Minister […]

Agriculture Minister reviews progress on database for identification of eligible farmers for PM-KISAN, other schemes

Synopsis ​​​Narendra Singh Tomar, in a virtual meeting with state agriculture ministers, asked states to complete the work of data verification and update at the earliest so that no eligible farmer is deprived of the benefits of the schemes. Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, a financial benefit of Rs 6,000 per […]

Paddy sowing down by 5.99 pc so far; major lag in Jharkhand, West Bengal, Chattisgarh

Area sown to paddy declined by 5.99 per cent to 367.55 lakh hectare so far in the ongoing kharif season as a shortfall in rains has led to less coverage in some states, according to the agriculture ministry data released on Friday. Paddy was sown in 390.99 lakh hectare in the year-ago period, the data […]

Wheat prices up 4%, more hikes expected on festive demand

Wheat prices have jumped 4% in the last one week and festival season demand expected to kick in from mid-September, they are expected to rise further, despite the government claiming that the country has sufficient stocks. Denying some reports claiming that India was going to import wheat, the Department of Food and Public Distribution of […]

Vast stretch of land identified in North East and West Bengal for rubber cultivation

Central Government felt the need to increase natural rubber production in the country by expanding rubber cultivation to non-traditional areas, including North East and traditional regions, said Dr Sawar Dhanania, Chairman, Rubber Board. The board has identified a vast stretch of land in North East and West Bengal for rubber cultivation. “As per prevailing trends, […]

Mustard, maize and moong cultivation must be promoted to boost farmers’ income

The cultivation of maize, mustard and moong should be promoted to boost farmers’ income and attain self-sufficiency in edible oils, a senior official from the union agriculture ministry said on Saturday. Indian Council of Agricultural Research (ICAR) Deputy Director General (Agriculture Extension) and Agriculture Commissioner, Government of India A K Singh also pitched for the […]