Paddy MSP up 5.35% to ₹2,300 per quintal as Cabinet clears MSP hikes for 14 kharif crops

Spread the love      The Union Cabinet gave its nod to raise the minimum support price (MSP) for paddy by 5.35% to ₹2,300 per quintal for the upcoming 2024-25 kharif marketing season, a decision that comes ahead of Assembly elections in Haryana, Maharashtra, Jharkhand and Delhi. In the first major decision of Prime Minister Narendra Modi’s third term in office, the Cabinet...

Will work faster to double income of farmers, says Agriculture Minister Shivraj Singh Chouhan

Spread the love      Senior BJP leader Shivraj Singh Chouhan took charge of the Union Agriculture Ministry and Rural Development. He had held an informal meeting with the top bureaucrats of the two Ministries on Monday evening.  Mr. Chouhan has his work cut out with the farmers’ organisations threatening to launch fresh protests demanding legal guarantee for minimum support price for all...

More aquatic animals were farmed than fished in 2022, for the first time ever

Spread the love       The total global volume of fish, shrimp, clams and other aquatic animals that are harvested by farming has topped the amount fished in the wild from the world’s waters for the first time ever, the United Nations reported on June 8. The U.N.’s Food and Agriculture Organisation, in its latest report on fisheries and aquaculture, says the...

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...

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