The decision is being seen as the latest reform pushed by the Karnataka government with an aim to attract investments. The Karnataka government has decided to remove restrictions governing the purchase of farmland in the state through amendments to the Karnataka Land Reforms Act (KLRA) 1961 and section 109. The government has said that it […]
Tag Archives: covid-19
PM Modi to India Inc: ‘Time for bold investments, not conservative decisions’
PM Modi delivered the inaugural address of the 95th annual plenary session of the Indian Chamber of Commerce (ICC) today via video conferencing. Prime Minister Narendra Modi on Thursday said that India should convert the COVID-19 crisis into a turning point towards becoming a self-reliant nation. PM Modi also emphasized the need for import-substitution while […]
Kisan Credit Card: This is How You Can Make KCC at Home in Minutes; Whole Process Explained
Covid-19 has taught many lessons to humans. While in one hand, we become more aware of cleanliness, it taught farmers to become more aware of their basic rights and needs. The government along with administration has been working relentlessly to provide basic relief measures to the farmers amid the lockdown period and initiated different schemes. […]
All about Agridex, India’s first agricultural index to trade in commodities market
Agridex was launched on 25 May by the National Commodity and Derivatives Exchange (NCDEX). It comprises 10 liquid commodities traded on NCDEX. New Delhi: The National Commodity and Derivatives Exchange (NCDEX) last month launched the country’s first agricultural futures trading index — ‘Agridex’ — with four contracts expiring in June, July, September and December. This […]
Farmers liberated today, claims Modi govt; ‘One Nation, One Market’, other agri reforms announced
With the latest move, commodities such as cereals, edible oils, oilseeds, pulses, onions, and potato are likely to get deregulated as no stock limit will be applicable to processors or traders. The Union Cabinet today approved the amendment to the decades-old Essential Commodities Act, following up on Finance Minister Nirmala Sitharaman’s ‘Atma Nirbhar Bharat’ economic […]
Centre’s Economic Package Addresses Long Term Issues, Not Immediate Concerns of Farmers
Millions of agricultural labourers are currently under stress due to the ongoing lockdown which has led to a loss in income, loss of jobs for migrant labour and a disruption in the supply chain. Following the stress on the agricultural sector by the COVID-19 related lockdown, the central Government has announced medium to long term […]
It could help government to get closer to doubling farmers’ incomes by 2023
Let us start with some good news on the economic front. During the first year (2019-20) of the second term of the Narendra Modi government, gross value added (GVA) in agriculture and allied sectors registered a growth of 4 per cent. This is commendable, especially when juxtaposed with the growth of overall GVA of the economy at […]
Covid-19 and climate action in India’s provinces
The collective efforts to contain the Covid-19 pandemic in India offer vital lessons that could inform science-based climate action strategies in various states India’s lockdown to contain the coronavirus epidemic emptied roads in cities, leading to a marked decrease in air pollution (Photo by Pixabay) The year 2020 is an important milestone to enhance global […]
MONSOON RAINS FORECAST TO ARRIVE ON INDIA’S SOUTHERN COAST AROUND JUNE 1
NEW DELHI, May 28 (Reuters) – Monsoon rains are likely to enter India through the southern coast around June 1, the state-run weather office said on Thursday, marking the start of the four-month rainy season that is crucial for the country’s farm-dependent economy. Weather conditions are “very likely to become favourable from June 1, 2020” […]
Locust attack may be beneficial for agrochemical companies in India
MUMBAI: Locust attack in India has triggered concerns over the Indian agriculture sector in the financial year 2021, even as challenges to tackle covid-19 related issues stay. However, the pest attack is likely to create additional demand for agrochemical companies in India. Shares of Bayer Cropscience, UPL Ltd, Sumitomo Chemicals, Insecticides India, BASF, and Rallies […]