Punjab CM Bhagwant Mann announces hike in sugarcane price to Rs 380 per quintal

Synopsis In August 2021, the then Congress government had announced a Rs 50 per quintal hike in SAP of sugarcane to Rs 360 per quintal. Mann said farmers will get an additional Rs 20 per quintal under SAP of sugarcane as compared to last year. With this decision, the state government will spend an additional […]

Crops’ share in agriculture drops to 55.5%, shows data

Synopsis The gross value output (GVO) of cereals, at ₹336,400 crore, was highest among all the crop-groups in 2011-12. However, in 2019-20, GVO of ‘fruits and vegetables’ was ₹383,300 crore, about ₹6,000 crore higher than that of cereals, according to the report. The share of crops in India’s agriculture fell to 55.5% in 2019-20 from […]

Crop share in India’s agri fell in FY20 from FY12: Govt

Synopsis The gross value output (GVO) of cereals, at Rs 336.4 thousand crore, was highest among all the crop-groups in 2011-12. However, in 2019-20, GVO of ‘fruits and vegetables’ was Rs 383.3 thousand crore, about Rs 6,000 crore higher than that of cereals, according to the report. The share of crops in India’s agriculture fell […]

Oz delegation to focus on agri, critical minerals, infra

Synopsis The minerals, used in EVs and medical devices, are an area of key interest for India as the country has launched production-linked incentive schemes for these sectors. “Australia is excellent in exploration, extraction, production and processing of critical minerals… and India is strengthening its manufacturing capability. So, we can together improve that supply chain […]

Team of scientists from ICAR completes genome sequencing for pomegranate

Synopsis The team involved in this landmark research comprised Dr. N.V. Singh, Dr. P. Roopa Sowjanya, Dr. Shilpa Parashuram, Dr. P.G. Patil and Dr. R.A. Marathe, all at ICAR-NRCP, Solapur. It has taken the team six years in accomplishing full genomic sequencing of this Indian pomegranate. A team of scientists from the Indian Council of […]

Increasing rural electrification and positive farm sentiment to boost demand for agricultural pumps: CRISIL

Synopsis Higher volume-driven growth and stabilising input prices will lead to operating margins rising up to 100 basis points to 11-12% this fiscal, and improve cash accruals. That, along with steady working capital levels and moderate capex spending needs will ensure debt remains at levels similar to last fiscal, supporting stable credit profiles. Increasing rural […]

India’s cotton production to increase by 15% in 2022-23

Synopsis Government agency Cotton Corporation of India (CCI), which carries out cotton procurement operations when prices fall below the minimum support price (MSP), has pegged India’s 2022-23 cotton production higher by 15% to 360 lakh bales of 170 kilograms each. At a time when the central government is worried about the closure of the 50% […]

India has enough wheat stock; Govt to take action against hoarders if needed, says Food Secy Sudhanshu Pandey

Synopsis According to news agency PTI, Pandey said the government’s wheat production forecast is around 105 million tonne in rabi season of 2021-22 crop year (July-June) while the trade estimates are 95-98 million tonne. Food Secretary Sudhanshu Pandey on Monday claimed that India has sufficient wheat stock and that it will take action against hoarders […]

Maharashtra to Produce Record Sugar Levels in New Season

Higher production will weigh on local prices and may prompt New Delhi to allow sugar exports in the 2022/23 marketing year starting from Oct. 1. Indian exports could weigh on global sugar prices. India’s top sugar-producing state of Maharashtra is set to churn out record levels for the second year in a row as farmers […]

DPIIT planning multi-media campaign to promote GI products

Synopsis Work for the empanelled agency or agencies would include production of films, documentaries, sponsored AV (audio-visual) programmes, AV spots, and production of short videos. The notice said lack of promotion and publicity of Indian GI products have led to minimum awareness and interest within the young generation thus translating into very limited usage of […]