Top 10 News Of The Week (21 November to 27th November)

Weekly round-up of the top 10 news Weekly round-up of the top 10 news

Want to know what is going on in the agricultural sector of India? Here’s a round-up of the top 10 news.

1. Tea Industry Heading Towards Crisis

The Tea Association of India (TAI) has expressed concern over the decline in prices and the drop in the production of tea. It cautioned that the tea industry could be heading towards a crisis. Secretary-General of TAI, P K Bhattacharya, said there has been a substantial drop in tea prices during November, in Assam and West Bengal. Due to poor weather conditions and pest-related issues, the total projected crop in 2021 is 133 crore kg as compared to 140 crore kg in 2020. Read more here.

2. Maharashtra Govt Files Case Against Reliance General Insurance

The Maharashtra government has filed a police case against Reliance General Insurance Company (RGICL) in Parbhani district. It is after observing disobedience of an order issued by the district collector for payment of insurance claim amounts to farmers under the Pradhan Mantri Fasal Bima Yojana. The state government had earlier informed the Centre that non-payment of claims by the company could result in a “law-and-order situation”. They also said that five other insurers had paid about 90% of the claims for the 2021 kharif season. Read more here.

3. Govt To Make MSP More Efficient, Promote Zero Budget Farming

With an aim to strengthen the agricultural sector, Prime Minister Narendra Modi on 19 November said that the government will form a committee to promote zero-budget farming. This committee will also work towards making MSP more efficient and scientifically change the crop pattern keeping in mind the changing requirements of the country and other issues. In this committee, there will be representatives of the central government, state governments, farmers, agricultural scientists, and economists. Read more here.

4. Tomatoes Become As Expensive As Petrol

People in Chennai are confused. With the limited income and soaring prices, they are wondering whether to buy petrol or tomatoes. This is because 1 kg of tomato is selling at ₹140 which is nearly 40% more than a litre of petrol, which is selling at ₹101 in the capital of Tamil Nadu. Not just in Chennai, in Andhra Pradesh, the country’s largest producer of tomatoes, the vegetable is being sold at ₹100/kg. The customers In the National Capital Region are shelling out anywhere between ₹90 to ₹110 for a kilo of tomatoes. Read more here

5. Farmers Used Kisan Rail To Move GI-tagged Pineapple To Delhi

Kerala farmers have sent 2.5 tonnes of pineapple to agri start-up Diem Agro. Utilizing the prospects offered by Kisan Rail in moving cargoes, All Kerala Pineapple Farmers Association has dispatched a consignment of GI-tagged Vazhakkulam pineapple from Kochi to Delhi by rail for the first time. Normally, pineapple is being sent to North India by road in trucks which would take five days to reach Delhi. However, by rail, it will reach the destination in 50 hours and ensure fresher fruits to the consumer. Read more here.

6. Karnataka CM To Provide Crop Loss Compensation To Farmers

Karnataka Chief Minister Basavaraj Bommai said that officials have been directed to transfer crop loss compensation payments to affected farmers’ accounts as soon as possible. He toured the Kolar area extensively and observed considerable damage to Ragi, vegetables, horticulture, and floriculture crops due to heavy rains. The Chief Minister stated that an amount of ₹5 lakh will be paid in three installments as compensation for entirely destroyed properties and ₹3 lakh for partially damaged properties. Read more here.

7. Farmers In Bihar To Increase Income By Cultivating Makhana

According to Agriculture Department Secretary N. Sarvan Kumar, the Central Government issued a notification in the budget for selling Sabour Makhana-1 seeds for agricultural purposes under the Seeds Act. The seed of Sabour Makhana-1 is proving to be a boon for the farmers. During various district-level inauguration programs such as Jal Jeevan Haryali Vikas Yojana, Chief Minister Nitish Kumar asked to distribute the seeds of Sabour Makhana-1 to the Makhana growers for producing it. Read more here.

8. India To Export Over 20 Lakh Tonnes Wheat

India has signed deals to export over 20 lakh tonnes of wheat during December-January as the foodgrain is being offered at an attractive price in South-East, South, and West Asia amidst tight global supplies. Rajnikant Rai, Divisional Chief Executive, ITC Agri-Business said that “Wheat exports are doing well. Currently, we have orders to export 20-25 lakh tonnes of wheat at hand. We should be exporting over 40 lakh tonnes for the current fiscal,” Read more here.

9. Government To Provide 90% Subsidy On Cultivation Of Strawberries

In order to increase the income of the farmers of our country and to make them financially stable & strong, the government continues to operate many beneficial schemes. Out of these schemes, National Horticulture Mission is one, which is proving to be a boon for the farmers. Under the National Horticulture Scheme, the cultivation of various crops and flowers is being promoted and the government is providing a subsidy of up to 90% to the farmers. Read more here.

10. ChargeERP Launched A New Report – Ugrahi Register

ChargeERP, the easiest, fastest, and most secure mandi accounting software from Bijak has recently introduced a new type of report i.e., Ugrahi Register. Accessible from the ‘Bills and Reports’ section, the aim of Ugrahi register is to show the closing balances of the customers along with how they came to their current values. The important fields it shows are ‘Opening Balance’ based on the date range selected, ‘Debit value’, ‘Credit value’, and ‘Closing Balance’ based on a date range.

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