Category: Business

Business

Farmers to step up stir for MSP coinciding with budget session of Parliament

January 16, 2023 admin

All India Kisan Sabha(AIKS) national president Ravula Venkaiah said the agitation to press for statutory backing to the minimum support price(MSP) regime will be intensified coinciding with the budget session of the Parliament. Addressing the media here on Monday, Mr. Venkaiah said: “We will not rest until MSP is not fixed as per the formula…

Business

Dry, cold weather springs hope for mango lovers in Karnataka after two consecutive years

January 14, 2023 admin

If dry weather continues till April, then the yield is expected to be around 12 lakh metric tonnes this year | Photo Credit: K. MURALI KUMAR There seems to be some good news for mango lovers this season. After two ‘off’ years, this year there might be a good amount of yield, barring any weather…

Business

Three multi-State societies to procure and distribute seeds

January 11, 2023 admin

Cooperation Minister Amit Shah says the societies will help protect indigenous natural seeds from extinction. File | Photo Credit: The Hindu The Union Cabinet has approved the setting up of three national-level multi-State cooperative societies to act as an apex body for procurement, processing, marketing and distribution of seeds. Union Home and Cooperation Minister Amit…

Business

Mutual fund industry AUM rises 5.7% in 2022: Amfi

January 10, 2023 admin

Representative image. | Photo Credit: Getty Images The mutual fund industry added ₹2.2 lakh crore to its asset base in 2022, driven by consistent monthly increase in SIP (Systematic Investment Plan) flows. The Assets Under Management (AUM) of the mutual fund industry rose by 5.7%, or ₹2.2 lakh crore, to a total of ₹39.88 lakh…

Business

Activists allege regulatory lapses in approving GM mustard

January 6, 2023 admin

Women carry fodder for their cattle through a mustard field on the outskirts of Srinagar. File | Photo Credit: Reuters The Coalition for a GM-Free India, a platform that’s fighting a case in the Supreme Court against the trials of genetically modified mustard, released a report in New Delhi on Friday to showcase at least…

Business

On the trail of the traditional Kalabhat paddy

January 6, 2023 admin

Kalabhat, a traditional paddy crop at a field near Sithayankottai village in Dindigul district. | Photo Credit: G. Karthikeyan Surrounded by lush green paddy fields in the foothills of Pandrimalai lies Sithayyankottai in Dindigul district. In this fertile region, is a three-acre farm that for four years has been producing ‘kalabhat’, a traditional paddy. Among…

Business

Centre signs pact with Pune-based IVBP for commercial production of ‘Lumpi-ProVac’

December 31, 2022 admin

The government on Saturday said it had signed a pact with Pune-based Institute of Veterinary Biological Products (IVBP) for commercial production of indigenously developed vaccine ‘Lumpi-ProVac’ for the control of lumpy skin disease in cattle. The vaccine has been developed by Haryana-based National Centre for Veterinary Type Culture and ICAR-National Research Centre on Equines in…

Business

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

December 22, 2022 admin

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…

Business

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

November 30, 2022 admin

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…

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India has enough fertilizer stock to meet rabi requirement: Centre

November 26, 2022 admin

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…

Business