Monday, 16 February 2015

India Agri&Food News -17Feb'2015 !

1. The Centre has fixed wheat procurement target for the 2014-15 rabi marketing season at 30.06 million tonnes against the actual procurement of 28.02 million tonnes.

2. Despite being one of the largest producers of oilseeds in the world, India’s import dependence has doubled over the past few years owing to expanding consumption of edible oils and stagnating production of oilseeds. India imported vegetable oils worth $10 billion in 2013-14 compared with $5 billion in 2007-08.

3. Faced with a liquidity crunch, fertiliser industry body FAI has written to Finance Ministry seeking arrangement of funds to clear outstanding subsidy arrears, which are likely to cross Rs 40,000 crore by March-end.

4.  A roadmap for comprehensive urea policy with deregulated pricing and adequate budgetary provisions are the expectations of fertiliser industry from upcoming Budget. Urea price was kept unchanged at Rs.4,830 a tonne between 2002 and 2010 and raised marginally to Rs.5,310 and Rs.5,360 ($86) in 2010 and 2012, respectively.

5.A centrally-sponsored nationwide " Soil Health Card" scheme benifitting 14 crore farm holdings across the country in three years will be finally rolled out from Suratgarh in Ganganagar district of Rajasthan on February 19.  The card, carrying crop-wise recommendations of nutrients/fertilizers required for farms of different soil types, will make it possible for farmers to improve productivity through judicious use of fertilizers and water.

6. In a goal to improve overall productivity of crops, Maharashtra Hybrid Seeds (Mahyco) said it has achieved a key milestone in the development of 'water use efficient' rice using the technology by Arcadia Biosciences.

7. Haryana Govt. Manohar Lal Khattar has approved the proposal for providing technical assistance to Telangana and Mizoram for setting up centres in horticulture.

8. On a per capita basis, Indians consumed roughly 117 gm of chocolate a year, the least among emerging markets. India's chocolate sale crosses Rs.10,000 crore in 2014, up 24% from last year.

9. Agricultural University in Rajendra Nagar, Hyderabad is imparting training on growing Mushrooms every Saturday from 9 a.m to 4 p.m by charging Rs.500 for one day's session. A kg. of Mushrooms cost Rs.100. Please contact:  040-24015011, 24015462.

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