1. Tea Board is targeting replantation of ageing bushes in about 40,000 hectares for the 12th Plan ending 2016-17 to boost productivity, even as the Government recently approved an outlay of Rs.1,425 crore for the Plan period, almost double that of the previous plan.
2. Increase in prices of pulses may register highest growth this year due to untimely rains which have severely affected 2.28 million tonnes (MT) of Rabi crop and widened the gap between demand and supply to the extent of 6 MT, says an Assocham study.
3. Aspada Investment Company, a venture capital firm that provides early-stage risk capital, has made a commitment of Rs 20 crore ($3.3 million) to Delhi-based EM3 AgriServices Pvt Ltd. EM3 provides pay-per-use agricultural machines and services for small-hold farmers.
4. Monsoon forecast at 88% poses challenge, which is lower than the 93 per cent forecast by the India Meteorological Department (IMD) in April.
5. Maharashtra government has appealed to seed companies to reduce prices of Bt seeds by Rs 100 per bag due to rural distress .
2. Increase in prices of pulses may register highest growth this year due to untimely rains which have severely affected 2.28 million tonnes (MT) of Rabi crop and widened the gap between demand and supply to the extent of 6 MT, says an Assocham study.
3. Aspada Investment Company, a venture capital firm that provides early-stage risk capital, has made a commitment of Rs 20 crore ($3.3 million) to Delhi-based EM3 AgriServices Pvt Ltd. EM3 provides pay-per-use agricultural machines and services for small-hold farmers.
4. Monsoon forecast at 88% poses challenge, which is lower than the 93 per cent forecast by the India Meteorological Department (IMD) in April.
5. Maharashtra government has appealed to seed companies to reduce prices of Bt seeds by Rs 100 per bag due to rural distress .
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