Safex Chemicals to invest Rs 100 cr in agri-tech segment in next 3-4 years

Synopsis Agrochemicals maker Safex Chemicals Ltd on Tuesday said it plans to invest Rs 100 crore in its new agri-tech arm, AgCare Technologies, in the next 3-4 years for launching an interactive tech platform and for setting up a manufacturing unit. Agrochemicals maker Safex Chemicals Ltd on Tuesday said it plans to invest Rs 100 […]

India’s Agricultural Products Exports up 16% in 2022-23

For the year 2022-23, an export target of $23.56 billion has been fixed for the agricultural and processed food products basket. India’s agricultural and processed food products exports rose by 16 per cent in the first eight months (April-November) of the current financial year 2022-23 on a yearly basis. The agricultural exports has managed to attain 74 […]

Wheat exports rise 30 pc to USD 1.5 bn in Apr-Nov

Synopsis The ministry said that Basmati rice exports too increased by 39.26 per cent to USD 2.87 billion during April-November 2022, while that of non-basmati rice registered a growth of 5 per to USD 4.2 billion in the same period. “Wheat export has registered an increase of 29.29 per cent in eight months of the […]

Basmati, non-basmati rice exports up 7.37 pc in Apr-Oct: Industry data

Synopsis Sethia said non-basmati rice exports were not affected due to the imposition of customs duty. The exports remained robust. The government imposed curbs on rice exports to check prices that flared up due to likely fall in production. As per the first estimate of the agriculture ministry, rice output is estimated to decline to […]

PM Kisan, Kisan Credit Card, and 4 other beneficial govt schemes for farmers

Synopsis Kisan Diwas or National Farmers’ Day is observed across the country on December 23 to honour farmers, the backbone country. The central government offers various schemes for farmers and the agricultural sector. Know all about Kisan Credit Card, Pradhan Mantri Fasal Bima Yojana, Pradhan Mantri Kisan Samman Nidhi and 3 other beneficial govt schemes […]

India’s rabi crops sowing rises 4.4% led by wheat

Synopsis The increase in crop area is across all crops with the highest in wheat. Out of the 25.99 lakh hectares increase in all rabi crops, the increase in wheat area is 9.65 lakh hectares from 302.61 to 312.26 lakh hectares. ​Though the sowing of rabi crops is still under progress, the area brought under […]

MSP can only guarantee stable price not best rate, says Niti Aayog member Ramesh Chand

Synopsis Speaking on the demand of farmer groups to make MSP a legal right, Chand noted that cultivators want it to get the best price for their produce and also to protect themselves from price fluctuations. The minimum support price (MSP) of crops can guarantee stable prices but not always the best rates, which can […]

PMFBY number one crop insurance scheme globally in terms of farmers enrollment: Tomar

Synopsis Launched in 2016, the PMFBY provides for comprehensive risk insurance against crop damage due to non-preventable natural risks from pre-sowing to post-harvest for the crops/areas notified by the concerned state government. “The scheme has already become the number one crop insurance scheme in the world in terms of farmer applications enrolled. In terms of […]

Wheat Stockpiles Above Buffer Stock Norm as of Oct, says Piyush Goyal

It dips to the lowest on April 1 as accumulated stocks get released for beneficiaries of government schemes ahead of the new crop coming in. India’s stockpile of wheat was above the buffer stock norm at the last scheduled count on October 1 and the next such quarterly review which takes into account the seasonal […]

MoU signed between space and agriculture departments to develop Krishi Decision Support System

The agriculture ministry is developing Krishi-DSS, a decision support system, on the lines of Gati Shakti, using RISAT-1A and VEDAS of Department of Space NEW DELHI : The Department of Agriculture and Farmers Welfare and Department of Space signed a Memorandum of Understanding (MoU) to develop the Krishi-Decision Support System (Krishi-DSS) using geospatial technologies and related […]