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Category: Business

Business

Centre rules out an increase in MSP for cotton, but farmers seek more

Posted on December 22, 2022 By admin
Centre rules out an increase in MSP for cotton, but farmers seek more

The MSP for medium staple cotton for 2022-23 kharif season is ₹6,080. | Photo Credit: Nagara Gopal While cotton farmers in several States have demanded an increase in the minimum support price (MSP) of the crop, the Centre has said that it is “watching” the cotton production scenario and decide accordingly. A senior official of…

Read More “Centre rules out an increase in MSP for cotton, but farmers seek more” »

Business

GM crops | Supreme Court worried over effect on livelihood of women farm labourers

Posted on November 30, 2022 By admin
GM crops | Supreme Court worried over effect on livelihood of women farm labourers

Advocate Prashant Bhushan, for activist Aruna Rodrigues, submitted that India has 5,477 varieties of mustard, which would be at risk. File | Photo Credit: Vijay Soneji The Supreme Court on Wednesday expressed concern about the plight of thousands of women agricultural labourers in rural areas, traditionally engaged in de-weeding, who will be part of the human…

Read More “GM crops | Supreme Court worried over effect on livelihood of women farm labourers” »

Business

India has enough fertilizer stock to meet rabi requirement: Centre

Posted on November 26, 2022 By admin
India has enough fertilizer stock to meet rabi requirement: Centre

As the sowing for rabi season is at its peak, the demand for fertilizers will also increase. The country needs 650 lakh metric tonnes (LMT) of fertilizers every year, almost two LMT per day. However, during the peak of the season, it will go up to four LMT per day. Union Fertilizers Secretary Arun Singhal…

Read More “India has enough fertilizer stock to meet rabi requirement: Centre” »

Business

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

Posted on November 24, 2022 By admin
Ready to make changes to Pradhan Mantri Fasal Bima Yojana, says Centre

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…

Read More “Ready to make changes to Pradhan Mantri Fasal Bima Yojana, says Centre” »

Business

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

Posted on November 19, 2022 By admin
67% drop in PM-Kisan payout in 3 years: RTI reply

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…

Read More “67% drop in PM-Kisan payout in 3 years: RTI reply” »

Business

Telangana on course to bring more area under oilseed crops

Posted on November 18, 2022 By admin
Telangana on course to bring more area under oilseed crops

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…

Read More “Telangana on course to bring more area under oilseed crops” »

Business

Sugar production at 20 lakh tonnes this season: ISMA

Posted on November 17, 2022 By admin
Sugar production at 20 lakh tonnes this season: ISMA

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…

Read More “Sugar production at 20 lakh tonnes this season: ISMA” »

Business

Centre ‘doubles’ fertilizer subsidy as prices see a surge

Posted on November 2, 2022 By admin
Centre ‘doubles’ fertilizer subsidy as prices see a surge

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)…

Read More “Centre ‘doubles’ fertilizer subsidy as prices see a surge” »

Business

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

Posted on October 29, 2022 By admin
India extends curbs on sugar exports by a year through October 2023

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…

Read More “India extends curbs on sugar exports by a year through October 2023” »

Business

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

Posted on October 28, 2022 By admin
Wheat sown in 54,000 hectare, mustard in 18.99 lakh hectare so far: Govt data

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…

Read More “Wheat sown in 54,000 hectare, mustard in 18.99 lakh hectare so far: Govt data” »

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