1. Outstanding subsidy bills for the fertiliser sector will exceed Rs.40,000 crore by March'15. according to the Fertiliser Association of India (FAI). Domestic urea manufacturers are the hardest hit with dues amounting to Rs.30,000 crore.
2. The Union Agriculture Minister, lent vocal support to genetically modified (GM) crops stating that technologically enhanced seeds could help India realise its food security ambition and believed it held great promise in minimising productivity losses particularly on account of abiotic stress factors like floods and drought.
3. The price of turmeric is likely to go up to Rs. 6,600-7,400 a quintal in the next two months, as per calculations made by a set of statistical tools Arima (Auto Regressive Integrated Moving Average) and Sarima (Seasonal Arima).
4. Bihar Government during its annual agricultural fair - Agro Bihar, announced that farmers belonging to scheduled castes and tribes having 5 acres of land will have free electricity for agricultural endeavour and also announced 80 per cent subsidy on all farm machineries for the farmers belonging to these two groups.
5. Vegetable oil imports were up 21 per cent last month at 11 lakh tonnes (lt) against 9 lt in the same period a year ago. Shipments of vegetable oil into the country include 10.82 lt of edible oil and 12,796 tonnes of non-edible oil.
6. Food chains like Faasos, Goli Vada Pav use Mobile apps to deliver fast.
7. Rubber Board of India to help boost rubber cultivation in Arunachal Pradesh.
8. Punjab CM sought a slew of demands - a. Exemption of excise duty on Farm Machineries b. Interest free short term crop loans to small and marginal farmers c.Income tax exemption to those involved in Agriculture, Dairy, fisheries and other subsidiary activities besides raising the support price of farm crops by 50 per cent of the production cost .
2. The Union Agriculture Minister, lent vocal support to genetically modified (GM) crops stating that technologically enhanced seeds could help India realise its food security ambition and believed it held great promise in minimising productivity losses particularly on account of abiotic stress factors like floods and drought.
3. The price of turmeric is likely to go up to Rs. 6,600-7,400 a quintal in the next two months, as per calculations made by a set of statistical tools Arima (Auto Regressive Integrated Moving Average) and Sarima (Seasonal Arima).
4. Bihar Government during its annual agricultural fair - Agro Bihar, announced that farmers belonging to scheduled castes and tribes having 5 acres of land will have free electricity for agricultural endeavour and also announced 80 per cent subsidy on all farm machineries for the farmers belonging to these two groups.
5. Vegetable oil imports were up 21 per cent last month at 11 lakh tonnes (lt) against 9 lt in the same period a year ago. Shipments of vegetable oil into the country include 10.82 lt of edible oil and 12,796 tonnes of non-edible oil.
6. Food chains like Faasos, Goli Vada Pav use Mobile apps to deliver fast.
7. Rubber Board of India to help boost rubber cultivation in Arunachal Pradesh.
8. Punjab CM sought a slew of demands - a. Exemption of excise duty on Farm Machineries b. Interest free short term crop loans to small and marginal farmers c.Income tax exemption to those involved in Agriculture, Dairy, fisheries and other subsidiary activities besides raising the support price of farm crops by 50 per cent of the production cost .
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