Farm Sector

Indian farmers have shown their ability and, more so, willingness to embrace new technology

Retail inflation for farm workers and rural labourers eased to 5.96 per cent and 6.08 per cent, respectively, in August against the comparative figures of 6.17 per cent and 6.20 per cent recorded in July this year. The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) registered an increase of 7 points each in August 2024, reaching levels of 1297 and 1309, respectively. The CPI-AL and CPI-RL were 1290 points and 1302 points, respectively, in July. "The year-on-year inflation rates based on CPI-AL and CPIRL for this month (August 2024) were recorded at 5.96 per cent and 6.08 per cent, compared to 7.37 per cent and 7.12 per cent in August, 2023. The corresponding figures for July, 2024 were 6.17 per cent for CPI-AL and 6.20 per cent for CPI-RL," a labour ministry statement said.

Worldwide, Bayer has 29 such farms across the globe, and the first one was just launched in India

Low post-monsoon rains, which dried most of the reservoirs in several states across the country, also impacted the production of many crops

Expresses desire to share expertise, seeds and technology to make India's National Oil Palm Mission a success

In the last quarter of Fy-24, the sector grew by 1.1 per cent which was similar to the growth rate in the previous October to December quarter

But in first half of the FY, new hirings halved compared to Omicron-hit H2 of FY22

The growth stood at 5.2 per cent in the third quarter of 2022-23 which also played a part in pulling down agriculture and related sector's GVA

However, some experts said the GVA numbers could stand to be revised as the initial estimates are based on extrapolation of figures for five-six months and a final picture will emerge only around Feb

The sluggish growth in the sector can be attributed to weak harvest activity during July-September and most inputs coming from residual rabi crops

Under the revised PSS, the overall quantity of procurement by the Central Government is restricted to 25 percent of actual production of the commodity for that particular season

The Conclave will brainstorm mitigating the impact of climate change on agriculture, espousing cow-based natural farming, and promoting coarse food grains or millets

The current level of farm mechanisation in India, reckoned officially at 47 per cent, is far lower than the 60 per cent in China and 75 per cent in Brazil

The India Meteorological Department (IMD) in its latest forecast released today though held out some hope

Union Agriculture Minister Narendra Singh Tomar on Sunday asked farm scientists to focus more on research in areas of animal husbandry and fisheries, to boost production and their contribution in the overall farm sector growth. Addressing virtually, the 95th foundation day of Indian Council of Agricultural Research (ICAR), Tomar said India holds the position of number one or two in the world in terms of production of most of the crops. In achieving this feat, he said there has been immense contribution from agriculture scientists along with efforts from the farmers community and policy initiatives taken by the governments. He said the Modi government in the last nine years has taken a lot of initiatives to promote technology in the agriculture sector, as part of its objective to boost farm income. The efforts have also been made to better productivity and production in agriculture, he said, adding that the focus has also been on improving the quality. Tomar highlighted that the In

Budget has enabling proposals

Indian agriculture has performed well but the sector needs "re-orientation" in the backdrop of certain challenges like adverse impacts of climate change, rising input cost, etc, the Economic Survey for 2022-23 tabled in Parliament on Tuesday said. The other challenges are fragmented landholdings, sub-optimal farm mechanisation, low productivity, disguised unemployment, rising input costs, etc. "While Indian agriculture has performed well, the sector needs re-orientation in the backdrop of certain challenges...," it said. Stating that the performance of the agriculture sector remains critical to growth and employment in the country, the Survey said investment in the sector must be encouraged through an affordable, timely and inclusive approach to credit delivery. It may be noted that more than 75 per cent of rural female workers are employed in the agriculture sector. This implies a need to upskill and create employment for women in agriculture-related sectors such as food ...

Agriculture Infra Fund (AIF) is a financing facility launched on 8th July 2020 for creation of post-harvest management infrastructure and community farm assets

The NITI Aayog is working on this project with other stakeholder ministries and has developed several indices to rank states annually on measurable parameters

At current prices, growth estimated at 12.5%, which is among the best in recent times