Mango growers demand uniform relief of ₹30,000 per acre, fixed prices at tripartite meeting in Krishnagiri

Spread the love       A uniform relief for all mango growers at ₹30,000 per acre akin to the relief disbursement for crop loss in Cauvery delta for paddy farmers was what the mango farmers of Krishnagiri reeling under a 85% production loss demanded at the tripartite meeting held between the farmers, pulp industry and the district administration. The meeting convened under...

RBI annual report 2023-2024: MSPs for kharif and rabi crops ensured minimum return of 50% over cost of production

Spread the love       The Minimum Support rices (MSPs) for both kharif and rabi seasons 2023-24 ensured a minimum return of 50% over the cost of production for all crops, said the Reserve Bank’s Annual Report released on May 30. The overall public stock of foodgrains as on March 31, 2024 stood at 2.9 times the total quarterly buffer norm, the...

2024 turns out to be the worst-ever season for mango growers in Rayalaseema in five decades

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...

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