Going bananas: Prices rise to ₹30/kg from ₹18-20 in October

Hit by falling cultivation and the spread of disease in major producing areas banana prices have gone bananas. Banana inflation increased to 16.5% in November from 2.2% four months ago, according to consumer inflation data released last month. Retail prices have been hovering around ₹30 per kg now, up from₹ 18-20 in October, said traders. […]

Bihar Announces 40% Subsidy for Dragon Fruit Cultivation

To bolster agricultural ventures and diversify crop cultivation, the Directorate of Horticulture, Department of Agriculture, Bihar, has announced a 40 percent subsidy under the National Horticulture Mission Scheme for the cultivation of dragon fruit in the state. This initiative aims to incentivize farmers and promote the growth of dragon fruit farming across the state, furthering the agricultural landscape […]

Govt procures 25,000 tonnes of kharif onion so far for buffer stock

The Centre has so far procured 25,000 tonnes of onion grown in the 2023 kharif season for maintaining a buffer stock, Consumer Affairs Secretary Rohit Kumar Singh said on Monday.The government is procuring onion to maintain a buffer stock and use it for market intervention to boost domestic availability and keep prices in check . […]

Mandi Price: Fall in Wheat Prices, Know Latest Price in India

As the new wheat crop floods the markets, prices are seeing a downturn. This contrasts starkly with the scenario just a month ago when demand outstripped supply, causing an eight-month high in prices. Some markets even saw wheat being sold at almost double the MSP. However, with increased arrivals, prices have balanced out. According to […]

Mixed year for jute, govt provided relief for industry to bounce back

The jute sector experienced a mixed bag in 2023. There was a bumper harvest of the cash crop, but a mid-season demand slump caused concern until government intervention revived hopes. Although capacity utilisation temporarily dropped, there is optimism for the remaining jute year (July 1, 2023, to June 30, 2024) due to sustained orders and […]

Scientists developed electrically conductive “esoil”, results in 50% faster growth

Scientists have created an electrically conductive “soil” that they claim can result in 50% faster growth of barley seedlings in 15 days. This soilless cultivation method, known as hydroponics, utilizes an electrically stimulated root system via a new cultivation substrate. “The world’s population is growing, and there is also climate change. So it’s clear that […]

Wheat sowing tops normal acreage for first time, gram continues to drag

Wheat sowing picked up pace during the week ended December 22, crossing the normal acreage for the first time this season, according to data shared by the agriculture ministry on Friday.The crop had been planted in around 30.86 million hectares, which was around 575,000 hectares less than the area covered during the same period last […]

Electronics technology- mechanism to boost agriculture sector: MeitY Secretary Krishnan

Kolkata: Electronics technology and AI tools can function as a facilitating mechanism to the agriculture sector in the country, from harvesting to sorting technology, and help reduce the farmer’s cost and enhance their incomes, Secretary in the Union Ministry of Electronics & Information Technology (MeitY) S Krishnan said in “There is harvesting, post-harvesting technology and […]

Margin of cooperatives may rise to ₹10/kg to convert Bharat Atta from FCI wheat after cut in issue price

The Union government has reduced the cost of wheat supplied to cooperative agencies such as Nafed, NCCF and Kendriya Bhandar to ₹1,715/quintal from ₹2,150 by agreeing to bear a subsidy of ₹435/quintal. However, there is no order yet on whether maximum retail price (MRP) of “Bharat atta”, processed from the wheat supplied by Food Corporation […]

Spices Board warns firms running parallel cardamom auctions

The Spices Board has come out against firms or entities conducting cardamom auctions without obtaining a license, saying that it is illegal and any violation in this regard should be dealt with seriously. The Director (Marketing) of Spices Board, in a statement, said cardamom auction has been carried out through e-auction centres at Puttady in Idukki and […]