Agricultural

Nabard on Monday projected a 25 per cent surge in priority sector lending in Maharashtra in FY24 to help agriculturists, small businesses and other marginalised sections of society. In the annual 'state credit seminar' held in the presence of Chief Minister Eknath Shinde, the National Bank for Agriculture and Rural Development launched the 'state focus paper' detailing a comprehensive credit potential of Rs 6,34,058 crore for priority sector in the state, according to an official statement. The projections include a credit flow of Rs 1,56,873 crore to the farm sector and Rs 3,54,854 crore to micro, small and medium enterprises, the statement said. Speaking at the seminar which was also attended by his deputy Devendra Fadanvis, bureaucrats, bankers and officials from the RBI, Shinde advised the banks to ensure maximum hassle-free credit flow to farmers as envisaged in the potential credit plan and address regional imbalances. There is a need for financing of agri-infrastructure and

Jammu and Kashmir administration has announced a Rs 129.05 crore initiative to reduce fodder deficit and boost livestock sector under the Holistic Agriculture Development Programme (HADP) in the union territory, a senior government official said on Friday. Additional Chief Secretary, Agriculture Production Department, Atal Dulloo said over the years, livestock husbandry has emerged as a crucial growth engine for sustainable and equitable development, which is vital for uplifting the socio-economic status of farming communities in Jammu and Kashmir. "An apex committee has devised a comprehensive plan under HADP, which amounts to Rs 129.05 crore, to mitigate the fodder shortfall in the UT by 80 per cent. The primary objective of this programme is to augment the agricultural and livestock sectors and equip farmers with vital resources such as financial assistance, improved seeds and technical guidance to amplify productivity, profitability, and overall economic progress of the area," he

The report said the decline in employment was mostly in rural India and mainly in non-agricultural rural India and the daily wage labourer segment was the most hit as it shrunk by nearly 15 million

The state government has set aside Rs 2,000 crore for the Rajasthan Rural Family Livelihood Loan Scheme.

Ground reports show much of the paddy is yet to be harvested in North India due to the delayed withdrawal of the southwest monsoon

More than 200,000 candidates appeared for the AP EAPCET exam this year

This is owing to rising domestic production, nano supplies

Exporters could do better as domestic firms are hit by monsoon delay, inventories

Cooperative model of development is best suited for the country, says union minister

SBI agriculture cold loan portfolio increased to Rs 73,601 crore in FY22 from Rs 66,878 crore in FY2021 and personal segment, the gold loans book expanded by 9.89 per cent YoY to Rs 23,063 crore

Being highly subsidised, there is always a tendency to divert urea towards non-agriculture purposes

The Jammu and Kashmir administration on Tuesday authorised the district collectors to alienate agricultural land to a non-agriculturist for extending the primary activity on a larger commercial scale. "The Administrative Council (AC), which met here today under the chairmanship of Lieutenant Governor, Manoj Sinha, authorised the District Collectors to grant permission to an agriculturist to alienate land to a non-agriculturist subject to certain conditions and procedure for extending primary activities on larger commercial lines and reap benefits under economy of scale," an official spokesman said here. The spokesman said there have been multiple demands by Mahajans, Khatris and Sikhs for right of sale-purchase of agriculture land for investment in agriculture and allied activities. "Their resentment existed on the statutory provision that defined certain section of the society as agriculturist class who alone were eligible to own agricultural land under J&K Land Alienation Act ...

Manufacturers of fertilisers, agrochemicals and tractors stand to benefit

In the absence of a new legal framework that supports agricultural transactions across the country, creating a unified market for agricultural commodities will be difficult