Category: Business

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…

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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…

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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…

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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…

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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…

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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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