-
Budget 2022: Government may hike farm credit target to about Rs 18 lakh crore
With a perspective to give a strengthen to the agriculture sector, the government is most likely to increase farm credit rating goal to about Rs 18 lakh crore in the Finances 2022-23 to be presented on February 1, in accordance to sources. For the recent economical 12 months, the Governing administration has established a credit rating goal of Rs sixteen.five lakh crore. The Governing administration has been expanding the credit rating goal for the farm sector every 12 months and this time also, the goal is most likely to be enhanced to Rs 18-18.five lakh crore for 2022-23, the sources claimed. The variety will be frozen at the time of…
-
Maharashtra mills produce 465 lakh quintals of sugar in over two months
Maharashtra mills commenced the 2021-22 sugarcane crushing season on October 15, 2021, and until currently 189 sugar mills have developed 465.two lakh quintals of sugar, which is about forty four per cent of the one,063 lakh quintal sugar manufacturing in the final crushing season ( 2020-21). Sugar mills, like ninety five cooperative mills and ninety four private mills, have crushed 479.eighty five lakh MT sugarcane with an extract price of 9.sixty nine per cent. Only 6 sugar mills have commenced operations in the Vidarbha region of the Point out although the Solapur region has the optimum (forty four) operational mills. Having said that, the Kolhapur region with 35 operational mills…
-
Rabi coverage tops 600 lakh hectares
The overall acreage below all rabi crops has crossed 600 lakh hectares (lh) as on Friday, up one particular for each cent from a year-back, though the sowing space below crucial winter season-sown cereal wheat has crossed the final five year’s typical of 303 lh. This could make certain yet another bumper harvest of food grains if the weather stays favourable more than the following 3 months. The space below wheat was documented at 305.47 lh in comparison with 309.sixty eight lh all through the same time period a year back, the Agriculture Ministry mentioned in its weekly update. However bigger coverage has been documented from Madhya Pradesh (by 4.forty…
-
Telangana procures 42 lakh tonnes of paddy
The Civil Materials Department of Telangana Authorities has procured forty two lakh tonnes of paddy from the kharif harvest so far. The mixture price of the develop is place at about ₹8,two hundred crore. The Foodstuff Corporation of India (FCI) has agreed to procure sixty lakh tonnes of paddy (or 40 lakh tonnes of rice) from Telangana from the Kharif time. Although the Condition Authorities statements that the procurement level is increased than that of very last year’s level, the Opposition parties and farmers’ unions have alleged that the rate of procurement is very gradual. “The procurement of forty two lakh tonnes is 30 per cent additional than what…
-
Aided by early crushing season, Sugar output up 10% at 47.21 lakh tonnes till Nov-end
An early begin to the sugar crushing period in the country’s western region has pushed up the sweetener creation by about a tenth till the end of November. According to the Indian Sugar Mills Affiliation (ISMA), the creation till November 30 this yr was forty seven.21 lakh tonnes compared to 43.02 lakh tonnes in the very same period of time very last yr. About 416 mills have begun crushing this yr as compared to 409 mills very last yr. In Uttar Pradesh, a hundred and one sugar mills have begun functions as of the end of November and developed 10.39 absence tonnes compared to twelve.sixty five lakh tonnes in the…
-
Coffee output pegged at record 3.69 lakh tonnes for 2021-22
India’s espresso generation for the crop year commencing October 2021 has been projected at a document 3.69 lakh tonnes (lt), in the publish-blossom estimates of the Condition-operate Coffee Board. Common summer rains — regarded critical for blossom and crop location, in the crucial growing locations of Karnataka and Kerala — have brightened the prospects of a bumper crop. The Board, which produced its estimates on Wednesday is projecting a 13 for every cent maximize in the crop size in Karnataka, which accounts for 70 for every cent of the country’s espresso generation. Output in the non-conventional States of Andhra Pradesh and Odisha is approximated to maximize by eleven for every…
-
Summer crops area up 15% at 56 lakh hectares
Planting of summer months crops has picked up and the complete acreage jumped by 15 per cent to exceed 56 lakh hectares till March 26 in opposition to forty eight.82 lakh ha in the course of the exact interval a 12 months in the past, as per the Ministry of Agriculture and Farmers Welfare’s hottest info. Paddy acreage went up to 36.87 lakh ha — an increase of sixteen per cent around exact interval a 12 months in the past, as farmers in states this sort of as West Bengal and Telangana planted more region under the cereal crop. The region under pulses greater to five.fifty three lakh ha…
-
Set for a record: Rabi sowing at 644 lakh ha on higher wheat area
Rabi sowing is in whole swing and it appears to be heading for covering a history space with planting so considerably covering 644 lakh hectares (lha), two.6 for each cent far more than approximately 628 lha sown in the corresponding 7 days in the past time, according to data launched by Agriculture Ministry on Friday. Farmers have planted wheat more than 335 lha as in opposition to approximately 327 lha covered in the very same 7 days very last yr. Madhya Pradesh, which planted approximately 88 lha, approximately ten lha far more than very same time period very last yr. Bihar and Maharashtra with an further space of 1.seven lha…
-
Rabi acreage increases 4% at nearly 600 lakh ha
A significant maximize in planting of wheat, gram and mustard crops pushed up the rabi sown location this 7 days to just about 598 lakh hectares (lh), just about 4.three for each cent higher than 573 lh planted in the corresponding 7 days last calendar year, in accordance to sowing data produced by the Agriculture Ministry on Thursday. The location less than wheat stood at all-around 313 lh, just about 16 lh more than 297 lh planted in the exact same 7 days in the previous rabi period. The wheat sowing location went by eleven.eighty one lh in Madhya Pradesh, 2.17 lh in Maharashtra, 1.forty seven in Gujarat and by…
-
Kharif acreage seen at a record 1,095 lakh ha
A nutritious six for every cent raise in the kharif place above the earlier season driving on greater rice and oilseeds cultivation may possibly raise rural prospects, even however pounding August rains may possibly have inflicted hurt on crops in some locations. In accordance to facts introduced by the Agriculture Ministry on Friday, kharif crops have so significantly protected above one,095 lakh hectares (lha), approximately six.three for every cent additional than one,030 lha planted in the corresponding 7 days very last calendar year. The place below rice at 396 lha is between just one of the optimum and planting is however on some States. Rice acreage is approximately 30…
Expect exquisite business
