Want to know what is going on in the agricultural sector of India? Here’s a weekly round-up of the top 10 news.
1. Over 7 Lakh Farmers Call Insurance Firms To Inform About Crop Damages
More than seven lakh farmers in Maharashtra have called up insurance companies during the current monsoon season. These were mainly to inform them about their crop damage due to excessive rainfall. A total of 2,56,985 calls were received till 1st August intimating about extremely heavy rains that led to damage of crops. The number of these calls has now reached 5,53,491 on 9th September. Read more here.
2. Agriculture Universities To Conduct Study On Usage Of Fertilizer
Assam’s Chief Minister, Himanta Biswa Sarma, asked Agricultural Universities to investigate the rampant usage of fertilizers and pesticides by farmers in different parts of the state. He discussed having an integrated fertilizer distribution system within three months. The chief minister directed that Agriculture Department must be proactive in getting closer to the farmers and facilitating the use of the latest farming technology. Read more here.
3. Cabinet To Hike MSP For Rabi Crops
Cabinet’s decision to increase the Minimum Support Prices (MSP) for Rabi crops will ensure maximum remunerative price for farmers. Also, it will encourage them to sow a wide variety of crops. The CCEA has approved an increase in MSPs for six Rabi crops for the 2021-22 crop year (July-June). For wheat, it has been increased by ₹40 to ₹2,015 per quintal from ₹1,975 per quintal in the 2020-21 crop year. Read more here.
4. Demand For Agricultural Loans And Storage Facilities Expected To Go Up
Agricultural loans and storage facilities are in high demand due to a significant increase in the production of crops in the ongoing Kharif season. Sandeep Sabharwal, Group CEO of a leading agriculture logistics and finance group said that they are expecting a two-fold increase in the disbursement of loans this season. It is broadly because of the decline in Covid-19 cases and the impact of erratic rains being minimal. Read more here.
5. FAIFA Lauds Centre’s Promotion Of Digital Technologies For Agriculture
Federation of All India Farmer Associations (FAIFA) has lauded the steps taken by the Union ministry of agriculture and farmers welfare to promote digital technology in the farm sector. FAIFA comprises farmers and farm workers of commercial crops across the states of Andhra Pradesh, Telangana, Karnataka, and Gujarat. They feel that steps by the government will also contribute to increasing farm incomes. Read more here.
6. Agriculture Ministry Inks MoU with 5 Firms
The Union Ministry of Agriculture and Farmers’ Welfare signed 5 memorandums of understanding (MoUs) for pilot projects with five private companies — CISCO, Ninjacart, Jio Platforms Limited, ITC Limited, and NCDEX e-markets Limited (NeML). According to the Agriculture Ministry, Jio Platforms Limited will conduct its pilot project to provide advisories to farmers in two districts of Maharashtra– Jalna, and Nasik. Read more here.
7. Indian Scientists Convert Poultry Waste To Animal Feed
Indian scientists have developed a new sustainable solution for converting keratin waste such as human hair, wool, and poultry feathers to fertilizers and animal feeds. It is an inexpensive source of amino acids and protein, underlining their potential to be used as animal feed and fertilizer. Scientists are using advanced oxidization for converting waste to marketable fertilizers and animal feed. Read more here.
8. India Extends Window For Import Of Pulses and Soyameal
The government has extended the deadline for importers of soyameal and pulses to bring their consignment into the country until January 31, 2022. The decision has been made due to the non-availability of containers, as well as vessels connecting to India from transit ports. Previously, the free import policy was set to end on October 31, with arrivals allowed until November 30. Read more here.
9. Agri Transport And Marketing Plan Extended To Dairy
The central government extended the Transport and Marketing Assistance (TMA) Scheme to dairy products. Under the TMA scheme, the government reimburses a certain portion of international freight charges to ease the high freight costs faced by Indian agricultural exporters. It also provides assistance for their marketing. Dairy products, which were not covered earlier under the scheme, will now be eligible for assistance. Know more here.
10. ChargeERP Introduced A New Inventory Module
ChargeERP, the easiest, fastest, and most secure mandi accounting software from Bijak has recently introduced an inventory module to their platform. Using the Inventory tab, commission agents can easily keep a record of all their incoming and outgoing inventory in one place. Another advantage is that while adding ‘Quick sale’ entries users will be able to see the remaining inventory balance of the items. With advanced filters of items, the commission agents can generate detailed inventory stock reports as well.