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AgroPolicy, India, Trade

Export of processed fruits & vegetables including pulses up by 59.71 per cent to USD 490 million in Q1 FY 22-23.

Continuing with the trend from the previous year, the exports of agricultural and processed food products rose by 31 percent in the first three months of the current Financial Year 2022-23 (April-June) in compare to the corresponding period of FY 2021-22.

According to the provisional data released by the Directorate General of Commercial Intelligence and Statistics (DGCI&S), the overall export of APEDA products increased to USD 7408 million in April-June 2022 from USD 5663 million over the same period of the last fiscal. The export target for April-June 2022-23 was fixed at USD 5890 million.

The initiatives taken by the Agricultural and Processed Food Products Export Development Authority (APEDA) that works under the Ministry of Commerce and Industry have helped the country in achieving 31 percent of the total export target in the first quarter of the current fiscal.

For the year 2022-23, an export target of USD 23.56 billion has been fixed by APEDA for the agricultural and processed food products basket.

As per the DGCI&S provisional data, fresh fruits & vegetables registered four percent growth, while processed fruits and vegetables recorded a significant growth of 59.71 percent (April-June 2022) in compare to corresponding months of the previous year.

Also, processed food products like cereals and miscellaneous processed items reported a growth of 37.66 percent in compare to the first quarter of the previous year.

In April-June, 2021, fresh fruits and vegetables were exported to the tune of USD 394 million that increased to USD 409 million in the corresponding months of the current fiscal. Exports of processed F&V jumped to USD 490 million in Q1 of the current fiscal from USD 307 million in the corresponding months of the previous year.

Basmati Rice exports witnessed a growth of 25.54 percent in the first three months of FY 2022-23 as its export increased from USD 922 million (April-June 2021) to USD 1157 million (April-June 2022), while the export of non-Basmati rice registered a growth of 5 percent in Q1 of current fiscal. Non-basmati rice export increased to USD 1566 million in the first three months of the current fiscal from USD 1491 million in the corresponding months of the previous year.

The export of meat, dairy & poultry products increased by 9.5 percent and the export of other cereals recorded a growth of 29 percent in Q1 of the current fiscal. The dairy products alone recorded a growth of 67.15 percent as its export rose to USD 191 million in the first three months of the current fiscal from USD 114 million in corresponding months of the previous year.

Other cereals’ export increased from USD 237 million in April-June 2021to USD 306 million in April-June 2022 and the export of livestock products increased from USD 1022 million in April-June 2021 to USD 1120 million in April-June 2022.

“We continue to provide technical and financial assistance to various stakeholders in the agricultural goods value chains for boosting exports of unique products from the country”, M. Angamuthu, Chairman, APEDA, said.

Export of processed fruits & vegetables including

Agro chems – Chemicals, Company News, Finance, India

The company recorded revenue of Rs 463.7 crores in Q1 FY23 as against Rs 344.6 crores in Q1 FY22.

 Best Agrolife Ltd, India’s fastest-growing agrochemical company has reported strong financial results for the first quarter ended 30th June, 2022. It posted a multi-fold jump in its consolidated revenue at Rs 463.7 Crores jumping 49.9 per cent QoQ. The EBITDA stood at Rs 65.9 crores, displaying an 82.7 per cent YoY growth and 6.1 per cent QoQ growth in the first quarter of the current fiscal, the company said in its statement.

Best Agrolife Ltd (BAL), the leading manufacturer of agro-inputs in India. It declared its financial results for Q1FY23 on 05 August 2022 at the meeting of its Board of Directors.

Consolidated Key Highlights-Q1 FY23

▪ The company recorded revenue of Rs 463.7 crores, a growth of 34.6 per cent as against Rs 344.6 crores in Q1 FY22. On a sequential basis, revenue grew by 49.9 per cent.

▪ EBITDA at Rs 65.9 Crores grew significantly by 82.7 per cent as against ₹ 36.06 Crores in Q1 FY22; EBITDA margin for the quarter at 14.2 per cent as against 10.5 per cent in Q1 FY22.

▪ PBT at Rs 53.4 Crores, a growth of 53.5 per cent Y-o-Y & 8.4 per cent on Q-o-Q basis

▪ PAT also registered a robust growth of 54.7 per cent YoY at Rs 40.1 Crores in comparison to Rs 25.94 Crores reported in Q1 FY21.

Commenting on the results, Vimal Alawadhi, Managing Director, BAL, said, “We are pleased to inform you that after closing FY2022 with strong results we have succeeded in maintaining our upward growth momentum in the first quarter of the current fiscal year as well. Due to our futuristic vision, discipline, and carefully crafted strategy we improved on FY22 EBITDA margins despite inflationary pressures. During this quarter we launched many new revolutionary products including our patented product RONFEN. The initial response has been good and we expect a pick-up in the next quarter.”

The company recorded revenue of Rs 463.7

AgroPolicy, Supply Chain, Transportation

For Indian freighters and P2C (Passenger-to-Cargo) Aircraft primarily around 25 airports focusing on North Eastern, Hilly and Tribal region and 28 airports in other regions/areas.

For facilitating and incentivising movement of agri-produce by air transportation, Airports Authority of India (AAI) provides full waiver of Landing, Parking charges, Terminal Navigational Landing Charges (TNLC) and Route Navigation Facility Charges (RNFC) for Indian freighters and P2C (Passenger-to-Cargo) Aircraft primarily around 25 airports focusing on North Eastern, Hilly and Tribal region and 28 airports in other regions/areas. Further, after evaluation of Krishi Udan 2.0 five more airports have been included, making it to 58 airports. Currently, Prayagraj airport is included under Krishi Udan Scheme 2.0. All perishable commodities are covered under Krishi Udan Scheme in the country.

Krishi Udan Scheme 2.0 was announced on 27 October 2021 enhancing the existing provisions, mainly focusing on transporting perishable food products from the hilly areas, North-Eastern States and tribal areas.

Krishi Udan Scheme is a convergence scheme where eight Ministries/Departments namely Ministry of Civil Aviation, Department of Agriculture & Farmers’ Welfare, Department of Animal Husbandry and Dairying, Department of Fisheries, Ministry of Food Processing Industries, Department of Commerce, Ministry of Tribal Affairs, Ministry of Development of North-Eastern Region (DoNER) would leverage their existing schemes to strengthen the logistics for transportation of Agri-produce. The scheme assists farmers in transporting agriculture products so that it improves their value realisation. Krishi Udan scheme provides air transportation and logistics support for perishable agri-produce as per the need.

For Indian freighters and P2C (Passenger-to-Cargo) Aircraft

Agro Universities, Animal Health, India, Live Stock, R&D

Improvised gas collection device detects the leakage and blockage of halters and canisters and monitored in real time gas collection.

The ICAR-National Institute of Animal Nutrition and Physiology, Bengaluru commercialized a patent applied technology ‘An Improved Device for Collection and Measurement of Enteric Methane Emission in Ruminants’ to InayatUllah Engineering Works (IEW), Bengaluru on 28th July 2022.

 Dr Raghavendra Bhatta, Director, ICAR-NIANP, Bengaluru and InyatUllah Shariff, CEO M/s InayatUllah Engineering Works (IEW) signed the Memorandum of Agreement (MoA) on behalf of their respective Organizations for the licensing to manufacture and sell the improvised gas collection device.

SF6 technique consider the exhale of methane and sulfur hexafluoride gases from the rumen with an identical probability of interception by a breath sampler located near the nasal cavity. One of those two gases is purposeful tracer SF6, which has a known release rate; while the release of other gas (methane) is under investigation. Thus, the concentration ratio of those gases in breath sample, accumulated over a feeding cycle can be equated to the ratio of their release rates. The SF6 assembly include gas collection vessel, halters, and gas chromatography.

 Gas collection vessel is one of the important and integral components used for the collection and accumulation of 24 hr breath gas sample. The minimum duration of gas collection in SF6 is 5-6 days; however, practically it takes about 12-15 days for the collection of minimum 5-6 successful samples. Therefore, only 40-50% of the gas collection is successful and remaining 50-60% unsuccessful collection is attributed to the leakage and blockage of halter components, breakage, leakage, and blockage of canisters. This uncertainty leads to the huge time loss, manpower wastage, prolonging of the study duration, gas losses etc.

 Keeping the above demerits of the existing assembly in view, ICAR-NIANP has developed the improvised gas collection device which detect the leakage and blockage of halters and canisters and monitored in real time gas collection. The advantages of using the improvised gas collection device are a) 100% successful gas collection, b) No breakage of the gas collection canisters, c) Detect immediate gas leakage and blockage from the assembly, d) Monitor real time gas collection, e) Avoid the unnecessary prolonging of animal experimentation, f) Save manpower, feed cost and additional gaseous in GC and g) Ensures uniform N2 dilution.

Improvised gas collection device detects the leakage

Agro chems – Chemicals, Finance, India

The company has reported total income of Rs 1567.3 crores during the period ended June 30, 2022 as compared to Rs.1221.5 crores during the period ended June 30, 2021.

Agrochemical major PI Industries Limited has reported consolidated financial results for the period ended June 30, 2022. The company has posted total income of Rs 1567.3 crores during the period ended June 30, 2022 as compared to Rs 1415.2 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs 262.4 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs 204.4 crores for the period ended March 31, 2022.The company has reported EPS of Rs. 17.29 for the period ended June 30, 2022 as compared to Rs. 13.48 for the period ended March 31, 2022.

The company has reported total income of Rs. 1567.3 crores during the period ended June 30, 2022 as compared to Rs1221.5 crores during the period ended June 30, 2021.The company has reported EPS of Rs.17.29 for the period ended June 30, 2022 as compared to Rs.12.34 for the period ended June 30, 2021.

The company has reported total income of

Agrotech, Bee keeping, Company News, North America

This first California order officially starts BVT’s launch stage in strawberry and raspberry market in US.

Bee Vectoring Technologies International Inc. has announced its closing of the first California sales order of its proprietary Vectorite with CR-7 (Clonostachys rosea CR-7) biological fungicide and natural precision agriculture system with a strawberry and raspberry grower for one of the world’s largest berry companies.

This first California order officially starts BVT’s Launch Stage in this important market. The grower will use BVT’s proprietary Vectorite with CR-7 biological fungicide and natural precision agriculture system on a portion of strawberry and raspberry crop acres.

“This first sale milestone is a key component of BVT’s strategy to expand into the state of California, which is the largest growing region and our most significant market opportunity in North America,” said Ashish Malik, CEO of BVT. “The opportunity in California includes several crops with an overall growing season which spans up to 10 months of the year, thus representing significantly larger and more diversified annual revenue streams for BVT.”

“The customer is a large, influential grower in the Watsonville and Salinas area,” said Ian Collinson, Sales Manager at BVT. “Their successful three-month demonstration trial of the BVT system last year and the resulting positive data were the main reasons for the customer to continue their business with BVT. Trial results showed the BVT system helped control fungal disease during the bloom period, which lead to healthier berries post-harvest that translated into real value for the berry company in higher quality packed berries and increased marketable yield.”

“The trial, which was also closely followed by the berry company, clearly showed the BVT system’s high return on investment. ROI’s of 6x or higher are the expectation by growers for agricultural input technologies in specialty crops like berries. Our recent work is demonstrating ROI for the BVT system of 10x or higher, and this is driving conversion of new customers to our system,” continued Mr. Collinson. “This led to this year’s sales order which was for a portion of the grower’s operation and is larger than we typically see in the first year, thus signalling the value and confidence the grower has in our technology.”

BVT continues to work closely with the grower to potentially expand the order to apply the Company’s system to their blueberry crop by this fall season, which could mean extending their BVT usage to eight months of the year, and with the berry company to introduce the system to their other growers.

California is the country’s largest berry market with an estimated 55,000(1) acres of strawberries, blueberries, raspberries and blackberries representing 30% of the berry acreage in the US. As a 100% organic product delivered 100% naturally, the BVT system dovetails perfectly into the California market, controlling disease and increasing yield while being exempt from residue testing requirements.

This first California order officially starts BVT’s

Agrotech, Company News, Finance, India, Start ups

The round was led by DSG Consumer Partners and Alkemi Growth Capital alongside existing investors Omnivore, Insitor Partners, and other angel investors.

Farmley, a full-stack nuts & dry fruits brand, has raised USD 6 million in Series A funding. The round was led by DSG Consumer Partners and Alkemi Growth Capital alongside existing investors Omnivore, Insitor Partners, and other angel investors.

The startup was founded in 2017 by IIT graduates Akash Sharma and Abhishek Agarwal. Farmley has built deep backend linkages over the years with domestic as well as international farming communities to source the highest quality of nuts and dry fruits. With deep customer insights and years of R&D, it has also developed 5 unique processing units in India. This has enabled Farmley to produce premium quality nuts and dry fruits, and to provide them at accessible price points to its consumers. The company has raised a prior seed round of USD 2 million in 2020 from Omnivore and Insitor.

In the last 18 months, Farmley has scaled its revenues by 10x to become one of the leading players in this category. They have omnichannel distribution, and their products are available on all leading e-commerce and quick commerce platforms alongside retail stores across the top 20 Indian cities. They are also available in select international markets including the US, Middle East, and Australia. Farmley plans to utilize the funds for channel expansion, brand building, and team building.

Akash Sharma & Abhishek Agarwal, Co-founders of Farmley, said, “Farmley is a consumer-centric brand at heart. We are here to become a globally loved brand, born in India and being consumer-first in our approach is the only way to achieve it.”

Hariharan Premkumar, Head of India at DSG Consumer Partners, commented, “We are excited to partner with Akash and Abhishek on their mission to build India’s most loved dry fruits and nuts brand with the best quality products. This segment is large and the unorganized market makes up 95% of the market. The products from the unorganized market suffer from quality, hygiene, and adulteration issues. The full backward integration at Farmley ensures premium quality produce and innovative product launches such as India’s first makhana pasta. The company is on a strong growth trajectory and the founders have built a stellar team with laser-focus on customer pain points.”

Dr Mansi Aggarwal, Partner at Alkemi Growth Capital, observed, “ Farmley is one of the fastest-growing brands in this segment and the team at the helm has grown the company to an impressive scale while building a sustainable supply chain’’

The round was led by DSG Consumer

Agrotech, Company News, Finance, North America

The funding will be used to advance climate resilience in agriculture by accelerating product development.

 US based Arable, the leader in field intelligence for agriculture, announced that it has raised $40 million in series C financing. The company will use the new funding to advance climate resilience in agriculture by accelerating product development, delivering new services for customers and expanding its global footprint.

Arable received the very first investment from Tom Steyer and Katie Hall’s new climate investment platform, Galvanize Climate Solutions, which led the fundraising round. In connection with their investment, Saloni Multani, partner at Galvanize Climate Solutions, joined Arable’s board. The funding sees new participation from Qualcomm Ventures. Also joining the round are Arable’s existing investors, including Prelude Ventures, S2G Ventures, Ajax Strategies, Grupo Jacto, Middleland Capital, M2O and iSelect.

Arable’s unique approach to data-driven decision-making resonates with its customers, resulting in four times growth in annual recurring revenue each of the last two years. Arable’s users are drawn to the ability to monitor and respond to conditions in their fields in real time, with active users on Arable’s mobile app increasing by 200 percent in the last 12 months. To support this growth, Arable has doubled the size of its team in the last year and added offices in Sao Paulo, Brazil, and Bangalore, India.

Multani said, “Arable is at the cutting-edge of farm innovation with technologies that combine the next frontier of connected sensors and machine learning. We are excited to lead this investment round because the company’s technology aligns with our mission to scale vital and urgent climate solutions.”

Jim Ethington, CEO of Arable said, “In addition to being used on-farm for operational decisions, Arable also helps larger companies to see across their entire farm supply chain, enabling them to accurately benchmark sustainability, estimate carbon emissions and sequestration, and predict yield or timing.”

To ensure the highest level of data accuracy, Arable has created a unique calibration and validation network of 30 global research institutions on more than 50 sites across 15 different climate zones who partner to produce industry-leading models that continuously improve with time through machine learning.

The funding will be used to advance

Agro chems – Chemicals, Agrotech, Company News, Finance, India

The company has posted net profit / (loss) of Rs 49.1101 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs 54.4026 crores for the period ended March 31, 2022.

Agrochemical major, Dhanuka Agritech Limited has reported total income of Rs. 409.5782 crores during the period ended June 30, 2022 as compared to Rs. 330.4875 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 49.1101 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 54.4026 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 10.54 for the period ended June 30, 2022 as compared to Rs. 11.68 for the period ended March 31, 2022.The company has reported total income of Rs. 409.5782 crores during the period ended June 30, 2022 as compared to Rs.371.5354 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.49.1101 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.48.6007 crores for the period ended June 30, 2021.The company has reported EPS of Rs.10.54 for the period ended June 30, 2022 as compared to Rs.10.43 for the period ended June 30, 2021.

The company has posted net profit /

Agro chems – Chemicals, Agro chems – Fertilizers, Agro chems – Pesticides, Company News, Finance, Inputs

Bayer CS registered an expansion of business in North America and Asia/Pacific.

The Bayer Group achieved substantial growth in the second quarter of 2022. “We delivered strong operational performance. In terms of sales, we posted significant gains at Crop Science and strong growth at Consumer Health, as well as a slight increase at Pharmaceuticals, too. And with EBITDA before special items, we even achieved growth of 30 percent,” said Werner Baumann, Chairman of the Board of Management, on Thursday while presenting the company’s half-year financial report. “In view of our good business performance and higher growth expectations, we have raised our full-year guidance,” he explained.

In the agricultural business (Crop Science), Bayer increased sales by 17.2 percent (Fx & portfolio adj.) to 6.461 billion euros, driven by a substantial improvement in the market environment. The division recorded double-digit percentage growth in Latin America and Europe/Middle East/Africa, and also registered an expansion of business in North America and Asia/Pacific. Herbicides posted the strongest growth, at 51.3 percent (Fx & portfolio adj.), with sales rising particularly in Latin and North America, as well as in Europe/Middle East/Africa as a result of prices for glyphosate-based products remaining high. Sales at Corn Seed & Traits advanced by 9.5 percent (Fx & portfolio adj.), mainly due to price increases in North America, Europe/Middle East/Africa and Latin America. In addition, volumes expanded in all regions except North America. Sales at Fungicides rose by 4.3 percent (Fx & portfolio adj.), with growth in all regions except North America, where volumes declined as a result of unfavorable weather conditions. Soybean Seed & Traits saw sales decline by 16.1 percent (Fx & portfolio adj.), largely due to the significant reduction in sales from overproduction in North America and the unit’s withdrawal from the Argentinian market.

EBITDA before special items at Crop Science climbed by 71.8 percent to 1.749 billion euros. The growth in earnings was mainly driven by the substantial improvement in business performance, as well as contributions from ongoing efficiency programs. There was also a positive currency effect of 215 million euros (Q2 2021: minus 111 million euros). By contrast, earnings were diminished by an increase in costs, particularly in the cost of goods sold, which was mainly due to high inflation. The EBITDA margin before special items rose by 6.8 percentage points to 27.1 percent.

Bayer CS registered an expansion of business

Agrotech, Company News, Horticulture

In the past 10 years, Project Unnati has helped empower and enable over 350,000 lakh fruit farmers across 12 states in India.

Coca-Cola India has announced a decade of successful implementation of its Project Unnati. The project is part of Coca-Cola’s Fruit Circular Economy initiative, which is a key pillar of the Company’s ESG priorities – Sustainable Agriculture. Project Unnati aims to support the Indian agri-ecosystem by enhancing farming efficiency, strengthening forward linkages, and building food-processing capacity in the country. In the past 10 years, Project Unnati has helped empower and enable over 350,000 lakh fruit farmers across 12 states in India. Focused on five fruit varieties Mango, Apple, Orange, Grapes, Litchi, and sugarcane, the program is aimed at propelling the horticulture supply-chain and building agriculture production capacities across the country.

The adoption of Good Agricultural Practices (GAP) through Unnati projects across Tamil Nadu, Telangana, Andhra Pradesh, Karnataka, Uttarakhand, Himachal Pradesh, Maharashtra and Madhya Pradesh has accelerated fruit productivity by 5X via Ultra high-density fruit plantation technology. Furthermore, Coca-Cola’s ‘Meetha Sona Unnati’ program seeks to address challenges faced by small-scale sugarcane farmers, enhance their livelihoods, and promote climate-resilient sugarcane farming.

The projects also facilitate farmers’ access to enabling infrastructure via high-yielding planting material and Good Agriculture Practices (GAPS) such as ultra-high-density plantation (UHDP) which involves drip irrigation, on-site training, and farm supplement support. These new technologies lead to a substantial increase in quality, productivity, and profitability per unit of land which further makes fruit cultivation lucrative.

Rajesh Ayapilla – Director-CSR and Sustainability for India and Southwest Asia (INSWA) at The Coca-Cola Company said, “Farmers are the backbone of the Indian agrarian economy. Through project Unnati, our aim has been to elevate and enhance the livelihoods of these farmers by not only enabling them with advanced horticulture solutions, but also empowering them to substantially increase their incomes.”

Coca-Cola India took the first step towards creating a Fruit Circular Economy in India in 2011 with ‘Project Unnati Mango’ in Andhra Pradesh. The program then expanded to Unnati Orange in the year 2018 in Maharashtra, followed by Unnati Apple in Uttarakhand, Himachal Pradesh, Jammu and Kashmir and eventually into Litchi and grapes over a decade. The initiative has been widely applauded by State Governments of India.

In the past 10 years, Project Unnati

AgroPolicy, Agrotech, IT

 Government is providing assistance up to Rs 75 Lakh per mandi for creating infrastructure under e-NAM platform

Government had launched FPO trading module during Covid-19 pandemic to enable FPOs to upload their produce from collection centres/ farm gate with picture/ quality parameter for online bidding without physically bringing their produce to the mandis. So far, 2177 FPOs have been onboarded on National Agriculture Market (e-NAM) platform.

On 14th July, 2022, the Department of Agriculture & Farmers Welfare launched the Platform of Platforms (PoP) under e-NAM which involves integration of various service providers platform/ on boarding of service providers such as trading, transportation, sorting, grading, Fintech, warehousing and other aspects of value chain etc. to enhance farmers accessibility digitally to multiple number of buyers, service providers etc. PoP will enable Farmers, FPOs, Traders and other stakeholders to access a range of services offered by multiple service providers, thereby increasing choice to the stakeholders.

Further the e-NAM platform is made interoperable with Rashtriya e-Market Services Private Limited (ReMS) platform of Government of Karnataka which will facilitate famers of both platforms to sell their produce in other platform thereby increasing their market access.

Under the e-NAM scheme, Government of India is providing assistance up to Rs 75 Lakh per mandi for related hardware/ infrastructure including for quality assaying equipment and for creation of infrastructure like cleaning, grading, sorting, packaging and compost unit etc. An established quality assaying lab in e-NAM mandis is a requisite for Agricultural Produce Market Committees (APMCs) that assess and certify the quality of produce, which helps famers in getting prices commensurate with quality of their produce. Further, provision has been made in FPO trading module wherein FPOs can upload their produce from collection centres/ farm gate with picture/ quality parameters.

 Government is providing assistance up to Rs

Agro Universities, Agrotech, Company News, India, Start ups

Baramati Krishi Vigyan Kendra (KVK) will gain access to GROWiT products for use in agri research.

 GROWiT, India’s leading Direct-to-Farmer (D2F) protective farming manufacturer, announced a technology partnership with Baramati Krishi Vigyan Kendra (KVK). The Surat-based company will receive input on technical aspects of farming, improve its products and remain ahead of the competition, making this development a big milestone.

Similarly, the Baramati KVK, one of India’s largest and most advanced farm science centers, will gain access to GROWiT products for use in research. The access is applicable even if the KVK is conducting trials of different companies’ seeds and fertilizers. It will not only assist KVK in making its R&D more sustainable, but it will also assist the center in increasing yields and providing the best results to farmers.

Overall, the results of R&D conducted with this alliance will benefit the entire Indian agriculture sector. It will also increase the trust of farmers and other stakeholders in the notion of protective farming. Furthermore, KVK students will have the opportunity to learn firsthand about protective farming and the application of related technology.

Commenting on this partnership, Saurabh Agarwal, Director and CEO of GROWiT, said, “We started GROWiT to educate more farmers about the advantages of protective farming. Our alliance with Baramati KVK will help increase farmers’ and franchise owners’ trust in our model and in the products, we supply them.”

Commenting on the same, KVK said, “We are pleased to be associated with GROWiT. The collaboration is done to spread awareness about protective farming and other sustainable farming techniques. With GROWiT on board, we would not only be able to increase our productivity but also make our R&D activities more viable.”

The partnership with KVK Baramati will give GROWiT instant access to about 400–500 farmers who walk in daily at the center to learn more about farming techniques and recent agronomic developments. The center also conducts a variety of events regularly. It will give the company plenty of opportunities to meet farmers and village Sarpanchs and further spread awareness about the benefits of their products and protective farming techniques.

Baramati Krishi Vigyan Kendra (KVK) will gain

AgroPolicy, India, Supply Chain, Warehousing

In the last three years, a total of 2314 projects have been assisted with capacity created of 64.32 Lakh MT under AMI scheme of ISAM.

The Government is implementing Agricultural Marketing Infrastructure (AMI), a sub-scheme of Integrated Scheme for Agricultural Marketing (ISAM) under which assistance is provided for construction/ renovation of godowns/ warehouses in the rural areas in the States to enhance the storage capacity for agriculture produce. Since 01.04.2001 and up to 30.06.2022, a total of 41,452 storage infrastructure projects (Godowns), with storage capacity of 725.7 Lakh MT for beneficiaries including farmers have been assisted under AMI sub-scheme in the country.

Since 01.04.2001 to 30.06.2022, a total of 37 projects assisted with capacity created of 1.83 Lakh MT in the State of Jharkhand and 1599 projects assisted with capacity created of 31.43 Lakh MT in the State of Rajasthan.

 Under the scheme, Government provides subsidy at the rate of 25 per cent and 33.33 per cent on capital cost of the project based on the category of eligible beneficiary. Assistance is available to Individuals, Farmers, Group of farmers/growers, Agri-preneurs, Registered Farmer Producer Organizations (FPOs), Cooperatives, and state agencies etc. The scheme is demand driven.

Further, Government has approved a Central Sector Scheme of financing facility viz., Agriculture Infrastructure Fund (AIF) of Rs 1,00,000 Crore to provide a medium-long term loan facility for investment in viable projects for post-harvest market infrastructure including warehousing facility and community farming assets through interest subvention and financial support. Under the scheme, a total number of 9516 applications for warehouse facilities have been sanctioned for a total amount of Rs 7618 crore which includes sanction of 14 warehouse facilities in the State of Jharkhand for an amount of Rs 9.9 crore. and 550 warehouse facilities in the State of Rajasthan for an amount of Rs 371.8 crores.

In the last three years, a total of 2314 projects have been assisted with capacity created of 64.32 Lakh MT under AMI scheme of ISAM.

In the last three years, a total