Monday, 20 June 2016

INDIA & GLOBAL Agriculture Roundup - 21June'16 !

1. In view of the prevailing shortage of pulses and their rising prices, India is negotiating with neighbouring Myanmar and other countries towards creating a buffer stock of up to eight lakh tonnes. India produces 17 lakh tonnes of pulses annually, as against the requirement of 23 lakh tonnes.

2. Rabobank and technology incubator RocketSpace have launch a food and agtech accelerator. The joint venture, Terra, will help agtech... start-ups develop go-to-market strategies and bring proof of concept technologies into commercially viable products.

3. Indian impact investment and venture capital fund Lok Capital has held a first close of $40.5 million on its third fund. Lok Capital III is targeting $100 million and expects to hold a final close in the next 12-18 months. It will target growth investments in healthcare, financial services and agriculture, with about $2-10 million per transaction.

It said the agriculture sector had opened up significant opportunities for impact investments, including dairy, supply chain management and farm-to-fork models.

4. The Centre (India) maintains its stand to impose 20% export duty on Sugar and 25% import duty on Wheat from Australia & France.

5. AgroSense: Modular Farm Manager. Java Technolgy in Farm Management - https://java.net/projects_tags/agriculture.

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