Page 4 - Agriculture Economy

Economy Survey: Resilient agriculture sector growth at 3.9% in 2021-22

Agriculture and the allied sector proved to be the most resilient to the Covid-19 shock as it registered a growth of 3.6 per cent in 2020-21 and improved to 3.9 per cent in 2021-22

More takers for Infra fund among primary farm co-ops than large players

Loan limit of Rs 2 crore under the scheme works better for small warehouse projects with godowns of 3,000 sq ft, but fails to enthuse corporations and FPOs with larger projects on the table

Terms of trade go against farmers in FY22 after a gap of two years

Simply put, farmers are paying a higher price for their agri inputs and for services such as health and education, as compared to the price they receive on the sale of their produce

NABARD pegs Odisha's credit potential for 2022-23 at Rs 1.34 trillion

The National Bank for Agriculture and Rural Development (NABARD) has projected Odisha's credit potential for the financial year 2022-23 at Rs 1,34,665 crore, officials said here on Tuesday.

Making FPOs viable

Financing remains a big constraint

States owned about Rs 4,750 cr as PMFBY premium subsidy dues till Rabi 2021

Delay on the part of states in releasing their share of premium subsidy under PMFBY has been a key reason for the delay in claim settlement over the years, the Centre informed Parliament

Of 2.8 mn hectares, 58% potential oil palm acreage lies in 5 states: ICAR

According to officials, the new mission plans to raise oil palm cultivation to one million hectares by 2025-26 and 1.7-1.8 million hectares by 2029-30.

Best of BS Opinion: Reform in agriculture, public investment push and more

Here is the best of Business Standard's opinion pieces for Friday

58% of potential oil palm acreage identified in five states: ICAR study

Govt says ICAR analysis shows oil palm requires less water than rice, banana and sugarcane; large-scale deforestation a concern

Solar-based lift irrigation to be implemented across Jharkhand: Agri secy

Renewable energy based lift irrigation schemes will prove to be a game-changer for the agriculture sector in Jharkhand

India's Apr-Nov agricultural, processed food exports up 13% y-o-y

Indias exports of agricultural and processed food products rose by more than 13 per cent during the first eight months of the current fiscal on a year-on-year basis

PM-ASHAA and price deficiency payment: Touted at launch, flat in practice

Both were well-intentioned but inadvertently kept several farmers out and in any case had complicated implementation protocols on MSP

Withdrawal of farm laws is a missed chance for a progressive Indian society

India's farm economy sends desperate, landless poor to cities when it should be the bedrock of a more secure and permanent urban proletariat.

Retreat on farm laws puts BJP's golden chance for economy in jeopardy

This sort of a retreat should not happen beyond this point because the economy is back to where it was in 2003.

UP elections, Punjab protests: The politics in Modi withdrawing farm laws

Decision to drop controversial reform could not have been better timed, strategically and electorally, for the BJP.

PM Modi withdraws three farm laws, urges protesters to return home

The three laws, introduced in September 2020, allowed farmers to directly sell their produce

Did falling real rural wages lead to a spike in suicides in 2020?

While the number of farmer suicides may have declined, there has been a spike in the number of deaths among farm labourers

Glasgow COP26: Govts working to make agriculture less polluting

In the COP26, India has committed to reduce overall carbon emission by 1 billion tonnes by 2030

Complex fertiliser crunch to stay if subsidy support isn't eased: Industry

Alternatively, non-DAP complex fertiliser makers will take a hit on their margins by not passing on the increased cost of production to the final consumer--the farmer

Govt considering Rs 28,600 cr increase in fertiliser subsidy: Report

A cabinet meeting chaired by Prime Minister Narendra Modi may approve the enhanced subsidy for winter-sown crops as early as this week.