Want to know what is going on in the agricultural sector of India? Here’s a round-up of the top 10 news.
1. India’s Wheat Exports Hit Record 78.5 Lakh Tonnes
India’s wheat exports hit 78.5 lakh tonnes in 2021-22, an all-time high and a sharp increase from 21 lakh tonnes in the previous year. Earlier this month, a top government official said India would export a record 70 lakh tonnes of wheat in the 2021-22 fiscal year as a rally in global prices gave the world’s second-biggest producer of the grain an opportunity to gain market share. Traders said that other than Bangladesh, India exported wheat to South Korea, Sri Lanka, Oman, and Qatar. Read more here.
2. Changes Suggested In MP’s MSP Programme
Changes have been recommended in the minimum support price (MSP) programme of Madhya Pradesh by an autonomous body under the state government. The changes have been made by the Atal Bihari Vajpayee Institute of Good Governance And Policy Analysis with the goal of encouraging the production of pulses in the state. A report stated, “Central and state governments need to revisit the MSP procurement policy. More incentives need to be given to farmers for growing pulses, oilseeds, and other high-value crops. Read more here.
3. Sugar Export Touches 85 Lakh Tonnes
India’s sugar export may touch 85 lakh tonnes in the ongoing 2021-22 marketing year ending September, as per the estimates of global trade houses. While the country has contracted 72 lakh tonnes of sugar export, the physical exports have been around 56-57 lakh tonnes till March-end this year. Releasing the latest sugar production figures, the Indian Sugar Mills Association (ISMA) said, “News from the international trade houses indicate that global market is expecting 85 lakh tonnes of sugar exports from India, in the current season.” Read more here.
4. UP Govt To Install Over 50K Tube Wells
In an effort to encourage the growth of the state’s agricultural sector through enhanced facilities, the Yogi government is going to install more than 50,000 shallow tube wells for small and marginal farmers. The second Yogi government has decided to get installed as many as 50,358 shallow tube wells at a cost of over ₹46.58 crores. Private irrigation facilities will also be made available by providing benefits of HDPE pipe (High-Density Polyethylene) and pumps among others. Read more here.
5. A Village In AP Ditched Chemical Fertilisers For Cow Urine
Gurrampanuku became the first village in Andhra Pradesh’s Visakhapatnam district to shift to chemical-free farming. Today, almost every drop of cow urine from the village is hygienically collected and converted into jeevamrutha, the natural fertiliser that has enabled a small tribal village to completely ditch chemical fertilisers. The families collectively make jeevamrutha, a mixture of cow urine and dung, dal, jaggery, anthill soil, and water, and use it on their farms. The surplus is sold to farmers in neighbouring villages. Read more here.
6. India’s Sugar Sales To Hit Record Highs In Summer Season
After two years of lull, India’s sugar consumption is set to hit record highs in the current summer season as demand from bulk consumers such as cold drinks and ice cream makers rises after the lifting of COVID-19 restrictions. According to the Indian Sugar Mills Association (ISMA), India’s sugar consumption in the 2021-22 marketing year that ends on Sept 30 is expected to rise by nearly 3% from a year ago. Consumption of cold drinks and ice cream, and as a result demand for sugar, rises in India during the summer months. Read more here.
7. Vegetable Prices Soar, Lemon Crosses ₹300/kg Mark
Due to an increase in transportation costs as a result of the increase in fuel prices, vegetable prices in the national capital Delhi have risen sharply. Due to rising transportation costs and the resulting increase in the purchase price, vegetable dealers reported their sales have decreased and profits have dropped. A vendor in Lajpat Nagar said, “Customers no longer receive free green chilies, lemons sell for ₹350 per kg in the market, therefore, you won’t buy one for less than ₹10. Capsicum costs ₹100 per kg. Read more here.
8. KSU’s Trainer Entrepreneurs For Drone Technology
To meet the need for drones in the agriculture industry, the newly established Kaushalya – The Skill University (KSU) has developed its School of Drones. Nearly 20,000 students from rural backgrounds and wards of farmers would be given admission preference. Due to a lack of available trainers in drone technology, the university devised the concept of “trainer entrepreneurs.” For the previous 5 years, the university has been deliberating with stakeholders such as civil aviation, flying schools, drone federations, drone start-ups, and industries to develop a road map. Read more here.
9. Egyptian Govt To Buy Indian Wheat
Egypt’s public procurement agency General Authority of Supplies and Commodities (GASC) has expressed interest to import essential commodities such as wheat and sugar from India. According to Agricultural and Processed Food Products Export Development Authority Chairman M Angamuthu, the details have been shared with active wheat exporters “to initiate the process of getting registration with General Authority of Supplies and Commodities (GASC), Egypt’s public procurement agency at the earliest”. Read more here.
10. Now, Get a Concise Collection Report On ChargeERP
ChargeERP, the easiest, fastest, and most secure mandi accounting software from Bijak has introduced a concise version of the collection report (along with the detailed one). Users will now be able to download collection reports in a concise format displaying 150 accounts on one page and a few columns, including ‘Account’, ‘Closing Balance’, and ‘Dr/Cr’. Before this, they launched an independent Seller Bill.