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RBI raises collateral-free agricultural loan limit to Rs 2 lakh

RBI raises collateral-free agricultural loan limit to Rs 2 lakh

Fri, Dec 06, 2024

Banks are now mandated to update their lending policies to align with the new loan cap, ensuring seamless access for eligible borrowers.

Rabi-season crop sowing crosses 428 lakh hectares, wheat sowing up 6.6% this year: Centre

Rabi-season crop sowing crosses 428 lakh hectares, wheat sowing up 6.6% this year: Centre

Mon, Dec 02, 2024

The central government said on Monday that the sowing of rabi season crops had exceeded the 428 lakh hectares so far this year.

Soil degradation on 30% of India's land poses threat to agriculture: Agri minister

Soil degradation on 30% of India's land poses threat to agriculture: Agri minister

Tue, Nov 19, 2024

Agriculture Minister Shivraj Singh Chouhan on Tuesday expressed concern over soil degradation affecting 30 per cent of India's land and stressed the need for urgent measures to maintain soil quality for sustainable farming.

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Demand side contraction to weigh heavy on India's inflation

Demand side contraction to weigh heavy on India's inflation

Wed, Dec 14, 2016

Care Ratings said, "The recent and unanticipated move of demonetization and the resultant cash crunch has created distortions in the market for agricultural and farm produce."

Monsanto shareholders back Bayer deal, CEO hopeful of U.S. approval

Monsanto shareholders back Bayer deal, CEO hopeful of U.S. approval

Wed, Dec 14, 2016

Increased research and development spending by the combined companies and plans to develop a global seeds and biotechnology hub in St. Louis fuel hopes regulators will not block the deal, which was agreed upon in September, Monsanto CEO Hugh Grant said.

Cash squeeze: ADB slashes India's 2016 growth estimate to 7%

Cash squeeze: ADB slashes India's 2016 growth estimate to 7%

Tue, Dec 13, 2016

South Asia's growth is estimated at 7.3% in 2017.

WTO meet: India calls for level playing field in agri-trade

WTO meet: India calls for level playing field in agri-trade

Sun, Oct 23, 2016

India has called for creating a level playing field for developing countries in agri-trade to safeguard livelihood of millions of poor farmers. The issue, among others, was discussed during the mini-ministerial gathering of key Trade Ministers of WTO in Oslo on October 21-22.

Government approves further import of 80,000 Masur and 90,000 Tur

Government approves further import of 80,000 Masur and 90,000 Tur

Thu, Sep 29, 2016

By far, the government has contracted nearly 1, 81,000 MT pulses for import , out of this 36,000 MT pulses have arrived. Apart from it, government had also obtained more than 1, 20,000 MT pulses from the domestic market and farmers.

No need for sugar imports from next year: ISMA

No need for sugar imports from next year: ISMA

Wed, Sep 28, 2016

"With carry over stock of 75 lakh tonnes from 2015-16 SS and expected sugar production of 234 lakh tonnes in 2016-17, there will be enough sugar available in 2016-17 SS to meet the domestic demand of about 256 lakh tonnes (considering a demand growth 2.5%) in the next season. There will be carry forward stocks of around 52 lakh tonnes for 2017-18 sugar season, as on 1 October, 2017."

Crop insurance to farmers within two weeks: Odisha govt

Crop insurance to farmers within two weeks: Odisha govt

Sat, Sep 24, 2016

"There has been a delay in payment of insurance amount to the affected farmers. The delay was mostly due to contradictory reports. However, the government is taking steps to provide insurance amount to affected farmers within two weeks," Cooperation minister Damodar Rout told the Assembly while replying to an adjournment debate on the state's alleged failure to release insurance to farmers.

Bayer buys Monsanto for $66 bn after months-long pursuit

Bayer buys Monsanto for $66 bn after months-long pursuit

Wed, Sep 14, 2016

German chemicals giant Bayer said Wednesday it had agreed to buy the controversial US seeds and pesticides firm Monsanto for $66 billion, in a deal that triggered immediate criticism from environmentalists.

August rain falters but won't impact agri output

August rain falters but won't impact agri output

Thu, Sep 08, 2016

India witnessed 4% deficit rainfall in the August 30 - September 7 week, even as the India Meteorological Department (IMD) had predicted that the country will see more rainfall in the second half of the monsoon.

Monsato India shares fall 2.37% on withdrawal of GM cotton seed application

Monsato India shares fall 2.37% on withdrawal of GM cotton seed application

Thu, Aug 25, 2016

Monsanto India shares have plunged by neary Rs 58 or 2.37% to Rs 2379, after the company pulls new GM cotton seed from India. After the announcement, the stock took a beating from investor so much so it is trading below Rs 2400-mark.

No tangible reason for govt to change Fiscal Year: Assocham

No tangible reason for govt to change Fiscal Year: Assocham

Sat, Jul 09, 2016

“The move to change the fiscal year is akin to a situation where the government in its own wisdom decides to change the Indian driving system from right hand driving to the left hand without realising that it would require changing the entire road and street infrastructure along with changes in the design of the automobiles," said Assocham.

Rainfall deficit narrows as monsoon covers nearly entire India

Rainfall deficit narrows as monsoon covers nearly entire India

Mon, Jul 04, 2016

Monsoon rains have covered nearly all of India except some parts of Gujarat and Rajasthan, while the remaining region is likely to be covered this week, said an official with the weather department, who declined to be named.

Will this monsoon be good enough to rein in inflation?

Will this monsoon be good enough to rein in inflation?

Tue, Jun 14, 2016

As per Crisil, food inflation is expected to come down if the monsoon season is indeed favourable. A good monsoon means that food production in India will increase which will erase the pains of past two years’ droughts. Food prices, on the back of better production, will hence come down.

Now, farmers can get advise on crop sowing via mobile app

Now, farmers can get advise on crop sowing via mobile app

Fri, Jun 10, 2016

The sowing app is to help farmers achieve optimal harvests by advising on the best time to sow crops depending on weather conditions, soil and other indicators, ICRISAT said in a release.

Monsanto to reject $62 billion Bayer bid, seek higher price: Sources

Monsanto to reject $62 billion Bayer bid, seek higher price: Sources

Tue, May 24, 2016

Monsanto Co will reject Bayer AG`s $62 billion acquisition bid and seek a higher price, two people familiar with the matter said on Tuesday.

Govt withdraws notification on Bt cotton, to seek public views

Govt withdraws notification on Bt cotton, to seek public views

Mon, May 23, 2016

As per the notification, after the five-year period, royalty would reduce by 10% of initial value every year.

Supreme Court slams authorities over ''ostrich-like'' attitude to drought

Supreme Court slams authorities over ''ostrich-like'' attitude to drought

Thu, May 12, 2016

A petition filed by Swaraj Abhiyan, a Delhi-based non-profit group, said that India`s current method of declaring drought was unscientific, archaic and arbitrary and states had, as a result, failed to recognise the drought as a natural disaster.

266 districts in 11 different states are drought affected in 2015-16

266 districts in 11 different states are drought affected in 2015-16

Tue, May 10, 2016

As per the information given by the government in the Rajya Sabha, 266 districts in 11 different states are declared drought affected in 2015-16. A total of 13497 crore rupees has been approved for drought relief by the NDRF in 2015-16.

''La Nina' to boost India's consumption, GDP growth'

''La Nina' to boost India's consumption, GDP growth'

Thu, Apr 21, 2016

"Agri GDP in La Nina years grew at an average 7.8% y-o-y as against an average of 2.3% y-o-y in non-La Nina years," said a Deutsche Bank report

Govt gives indication to take strict action on pulse hoarders

Govt gives indication to take strict action on pulse hoarders

Thu, Apr 21, 2016

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