Agriculture Minister Shri Narendra Singh Tomar informed Parliament on Tuesday that the government has no plans to increase the funds allocated under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme. PM-KISAN is a central Direct Benefit Transfer (DBT) scheme that provides ₹ 6,000...
The total value of agri-commodity imports in 2019-20 was $19.91 billion, with vegetable oils accounting for the lion’s share (48 per cent). Due to the political unrest in Myanmar, imports of urad dal (black gramm) into the country may be hampered this year. However, rather than...
The Union government intends to purchase 2 lakh tonnes of onions as excess inventory in 2021-22 to prevent price increases and maintain easy availability during the holiday and festive seasons when demand exceeds supply. ‘In 2019-20, we purchased approximately 57,000...
Agriculture financing has rises in the current fourth quarter of fiscal year 2021, with large processors, exporters and traders in paddy and groundnuts entering into procurement and pledge financing. Leading agri-financing companies have said that the pledge to finance sugar has also been...
The agtech start-up incubated at T-Hub seeks to address the genuine problem that farmers are facing in the country – little or no value added to the produces they sell, resulting in low income levels. Our Food, which closes the financial year 2020-21 with a turnover of Rs 85 crores, has...
