Tag Archives: Agriculture

Crop insurance claims at Rs 9,570 cr for 2020-21 lower by over 60 pc from previous year

There has been more than 60 per cent decline in the crop insurance claims of farmers at Rs 9,570 crore under the Pradhan Mantri Fasal Bima Yojana (PMFBY) for the 2020-21 crop year from the previous year as there were … Continue reading

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India 4th largest producer of agrochemicals, huge potential for growth: Agriculture Minister Narendra Sing

India is the fourth-largest producer of agrochemicals in the world, and the sector has a huge potential for growth with the help of research, innovation and a speedy registration system, Agriculture Minister Narendra Singh Tomar has said. Addressing the 41st … Continue reading

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Cotton prices may stay way above minimum support levels in 2021-22 cotton year

Strong rebound in post-Covid-19 demand and bullish sentiments due to tight supplies are expected to keep Indian cotton prices way above the government set minimum support price levels in 2021-22 cotton year (October-September). Along with cutting India’s cotton exports, high … Continue reading

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Telangana govt signs MoU with Wingsure for AI-driven personalised insurance and advisory services to farme

The Telangana government has entered into an agreement with Wingsure, an insurtech venture spin-out of SRI International. As a part of the agreement, Wingsure will provide deep-tech-based personalized crop insurance products and advisory services to small, underserved farmers in the … Continue reading

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Soyabean Prices crash by 50% in a month

Soyabean prices have crashed by close to 50% within a month in Madhya Pradesh and Maharashtra, the top soyabean producing states of the country leading to farmers’ protests across the soyabean growing states. After a historical high of Rs 95/kg, … Continue reading

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KRIBHCO, CSC tie up to market agri-input products

CSC e-Governance Services India has collaborated with Krishak Bharati Cooperative (KRIBHCO) to provide access to fertilisers and agricultural inputs to farmers via four lakh village level entrepreneurs. Common Services Centres (CSCs) will facilitate the sale and distribution of KRIBHCO products … Continue reading

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Demand for agricultural loans and storage facilities expected to go up in the ongoing kharif season

Demand for agricultural loans and storage facilities is expected to increase significantly in the ongoing kharif season as the pandemic situation seems under control and the impact of erratic rains remains minimal, agri financing and warehousing companies have said. They … Continue reading

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Economy coming out of the shadow of the pandemic: RBI paper

The Indian economy is picking up leaving behind the shadow of the pandemic as consumer demand improves and supply constraints ease due to strong kharif agricultural production and revival in manufacturing and services. Also softer food prices are aligning headline … Continue reading

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Amazon, Microsoft swoop in on India’s $24 billion farming data trove

Amazon.com, Microsoft and Cisco Systems are among technology giants lining up to harness data from India’s farmers in an ambitious government-led productivity drive aimed at transforming an outmoded agricultural industry. Prime Minister Narendra Modi’s administration, which is seeking to ensure … Continue reading

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Sugar companies likely to witness 5-7 pc revenue growth in FY’22: Report

Sugar companies’ revenue is likely to grow by 5-7 per cent in 2021-22, following firm domestic and global prices and expected growth in both sugar exports and ethanol volumes, according to a report. On the back of favourable pricing environments … Continue reading

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