Spread the love Kothur Babu, an experienced mango grower in Chittoor district, laments that the yield in his orchard has plummeted by over 80% and the prospects of earing profit with the remaining crop looks remote. The situation has only turned adverse as his competitors from Telangana and Tamil Nadu have already started their supplies to the pulp industries that...
Kuruvai coverage rose by 40% above normal in last five years
Spread the love While a suggestion has been made by a group of agricultural specialists to sections of farmers in the Cauvery delta region to skip paddy during this year’s Kuruvai season, the last five years have seen a perceptible rise in the average extent of coverage for the season. The normal coverage, as worked out by the State Agriculture...
VST ropes in Axis Bank to offer loan to farmers
Spread the love VST Tillers Tractors Limited (VST), a farm equipment manufacturer, signed a Memorandum of Understanding (MOU) with Axis Bank, to offer financial solutions to the farmers for purchasing tractors and Farm Mechanisation products. As per the agreement, Axis Bank will provide financial solutions to VST’s prospective customers through its network of 5370 branches. As per the MOU both the companies would...
Idukki gets its first women-led cardamom auction company
Spread the love A collective of women cardamom farmers has established a cardamom auction company under the auspices of the Spices Board of India – the first such company to be fully controlled by women. The Idukki Mahila Cardamom Producer Company Limited (IMCPCL) boasts a board comprising 49 women cardamom farmers. The inaugural auction of this women-led venture took place...
Chickpea imports unlikely to ease prices, yellow peas seen as substitute
Spread the love India’s decision to allow duty-free imports of chickpeas is unlikely to help bring down local prices as even record imports would be unable to compensate for the big drop in local production, industry officials told Reuters. Instead, Indian buyers are turning to cheaper yellow peas, which the Government has also allowed to be imported duty free. Prices...
Election Commission nod taken before lifting ban on onion exports: Govt sources
Spread the love The Centre has taken permission from the Election Commission of India to lift the onion export ban as the Model Code of Conduct is in effect due to the Lok Sabha elections, sources said. The government lifted the ban on onion exports, a decision that can help boost farmers’ incomes ahead of the Lok Sabha polls in...
Centre lifts onion export ban, but conditions apply
Spread the love The Centre on Saturday lifted the prohibition on onion exports imposed nearly six months ago, but restrained the free flow of outbound shipments by stipulating a minimum export price of $550 per tonne as well as a 40% export duty. The change in stance on exports of the critical kitchen staple, which were banned in early December 2023...
Centre allows 99.5k tons of onion exports to 6 neighbouring nations
Spread the love The Centre on April 27 said it has allowed exports of 99,500 tonnes of onions, mainly sourced from Maharashtra, to six neighbouring countries despite the ban on shipments. The Centre has also allowed exports of 2,000 tonnes of white onion cultivated, especially, for export markets in the Middle East and some European countries. On December 8, 2023,...
Govt. should announce legally backed minimum procurement price for food crops, says Prakash Kammaradi
Spread the love The government should announce legally backed minimum procurement price for food crops and the Congress and the BJP, two major political parties contesting the Lok Sabha elections, should make their commitment on the same clear, former Chairman of Karnataka Agriculture Price Commission Prakash Kammaradi said here on Saturday, April 20. Addressing presspersons, he said that there are...
India’s FY24 pulses imports hit 6-year high as red lentil purchases jump
Spread the love India’s pulses imports in fiscal 2024 surged 84% year-on-year to their highest level in six years after lower production prompted India to allow duty-free imports of red lentils and yellow peas, government and industry officials said on Thursday. Higher imports by India, the world’s biggest importer, producer and consumer of protein-rich pulses, have been supporting global prices...
