Category: Business

Business

Ready to make changes to Pradhan Mantri Fasal Bima Yojana, says Centre

November 24, 2022 admin

Image for representation. | Photo Credit: N. Bashkaran The Centre on Thursday said it is open to taking “pro-farmer changes” in the Pradhan Mantri Fasal Bima Yojana (PMFBY) to meet the challenges of recent climate crisis and rapid technological advances. Manoj Ahuja, Secretary of Agriculture and Farmers Welfare, said the Centre has taken major revamp…

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67% drop in PM-Kisan payout in 3 years: RTI reply

November 19, 2022 admin

File. | Photo Credit: Reuters The number of farmers who received the 11th instalment of funds from the Prime Minister’s Kisan Samman Nidhi (PM-KISAN) has fallen by 67%, according to the Agriculture Ministry’s response to a Right to Information query from activist Kanhaiya Kumar. PM-KISAN is a flagship Central scheme launched in 2019 to pay…

Business

Telangana on course to bring more area under oilseed crops

November 18, 2022 admin

Telangana is keen on bringing more area under oilseed crops as that would help avoid the problem of plenty the State faced with a massive paddy output as well as lay ground for investments in edible oil refining and food processing sector, Industries and IT Minister K.T.Rama Rao said. “We are asking farmers to move…

Business

Sugar production at 20 lakh tonnes this season: ISMA

November 17, 2022 admin

Representational photo | Photo Credit: REUTERS Sugar production in the current season (October 2022 to September 2023) till November 15 stands at 19.9 lakh tonnes, according to the Indian Sugar Mills’ Association (ISMA). This is slightly lower than the 20.8 lakh tonnes produced last year as several mills in the western States are said to…

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Centre ‘doubles’ fertilizer subsidy as prices see a surge

November 2, 2022 admin

Image for representation purpose only. | Photo Credit: K.K. Mustafah Considering the huge increase in the prices of fertilizers in global market, the Centre has ‘doubled’ the fertilizer subsidy for this rabi season. A meeting of the Union Cabinet here on Wednesday approved a subsidy of ₹51,875 crore to Nitrogen (N), Phosphorus (P), Potash (K)…

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India extends curbs on sugar exports by a year through October 2023

October 29, 2022 admin

Farmers load harvested sugarcane crop on a tractor, to be transported to a sugar mill, at a village in Karad. | Photo Credit: PTI India, the world’s biggest sugar producer, has extended restrictions for sugar export by one year through October 2023, the government said in a notification late on Friday. In May, India restricted…

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Wheat sown in 54,000 hectare, mustard in 18.99 lakh hectare so far: Govt data

October 28, 2022 admin

A trader checking the quality of wheat at the wholesale grain mandi at Najafgarh, in New Delhi. File photo. | Photo Credit: Shiv Kumar Pushpakar Wheat has been sown in 54,000 hectare so far in the ongoing rabi (winter) season of the 2022-23 crop year, 59 per cent higher than 34,000 hectare in the year-ago period, according to the…

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Record yield of fruits, vegetables expected in 2021-22: Centre

October 27, 2022 admin

The Union government expects a record production of 342.33 million tonnes of fruits and vegetables in 2021-22. It is an increase of about 7.73 million tonnes (2.3%) over the production in 2020-21. The area of cultivation could increase to 28.08 million hectares from 27.48 million hectares in 2020-21, according to the third advance estimates of…

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A crisis is brewing in the Indian coffee industry

October 21, 2022 admin

Bose Mandanna was devastated when torrential rains in September thrashed the coffee plants in his plantation and left tender berries and leaves strewn everywhere. The plants stood partially submerged in water for weeks at Subramanya Estate in Suntikoppa in Kodagu district of south Karnataka. Soon, the plants began to rot. Mandanna was among the hundreds…

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Parboiled idli rice exports take a hit

October 8, 2022 admin

File photo: A worker carries boiled rice in a wheelbarrow to spread it for drying at a rice mill on the outskirts of Kolkata | Photo Credit: REUTERS Almost 1,000 tonnes of parboiled rice – which is used to make idlis – are reportedly held up at the ports in Tamil Nadu since last month…

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