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Agribusiness, Agro chems – Chemicals, Award, Company News, India

The award celebrates Renofluthrin as a transformative innovation that underscores Safex Groups’ commitment to indigenous research, sustainability, and global competitiveness.

Safex Chemicals India Ltd., a pioneer in the chemical industry, has been awarded the Outstanding Innovation: Chemical Synthesis Award at the 6th Pesticides Manufacturers & Formulators Association of India (PMFAI) Annual AgChem Awards 2025. This prestigious accolade was presented during a grand ceremony in Dubai, recognising Safex Group’s groundbreaking development of Renofluthrin, a next-generation mosquito control solution.

The award celebrates Renofluthrin as a transformative innovation that underscores Safex Groups’ commitment to indigenous research, sustainability, and global competitiveness. Renofluthrin is a synthetic pyrethroid molecule designed to tackle the growing challenge of mosquito-borne diseases in tropical regions like India. This innovative product, developed entirely in-house, stands out for its unparalleled effectiveness and versatility across multiple application formats, including the world’s first patented Agarbatti format.

“Renofluthrin’s journey was not without challenges as one of the first Indian companies to register a homegrown research molecule locally. Our determination and belief in the molecule’s potential led to a product that is now poised for international success, with global registrations currently underway,” said Mr. Neeraj Jindal, Managing Director, Safex Chemicals.

Shogun Organics, a subsidiary of Safex Group initiated the Renofluthrin project a decade ago, driven by the vision of self-reliance and the need to address the global mosquito control challenges. The molecule’s development involved a meticulous research process, led by an expert team specializing in chemistry, entomology, and toxicology. Collaborating with leading research institutes and adhering to stringent regulatory requirements, the team successfully brought Renofluthrin to market as a highly effective, safe, and adaptable solution.

The award celebrates Renofluthrin as a transformative

Acquaculture, AgroPolicy, Foodgrains, Fruits, India, Oilseeds, Opinions, Poultry, Pulses, Sustainable Energy, Trade, Vegetables

By Milind Kokje, Chief Editor, AgroSpectrum

Agriculture appeared to be at the centre stage of the Union Budget 2025-26 presented by the Finance Minister, Nirmala Sitharaman to the Lok Sabha on February 1. She has not only put the sector under focus but has linked it to food and nutrition security on the one hand and self-sufficiency, in commodities like pulses, on the other.

It is often said that the real India lives in rural areas, indicating the importance of the agriculture sector and rural economy for the country. Notably, the finance minister seems to have tried to bring that into reality by calling Agriculture the first among four powerful developmental engines. True to the spirit of what she described, Sitharaman has announced several programmes, some even in mission mode for the development of the agri sector and subsequent upliftment of farmers, its main stakeholder.

Development of agri districts, called Prime Minister Dhan-Dhanya Krishi Yojana, self-sufficiency in pulses production called Mission for Atmanirbharata in Pulses, promotion of vegetables and fruits and national mission for high yielding seeds are some of the important programmes, that the finance minister announced in her budget speech.

PM Dhan-Dhanya Krishi Yojana will cover 100 districts, expecting to help 1.7 crore farmers. Three important components of the scheme to be implemented in partnership with state governments are promoting crop diversification, facilitating credit and augmenting storage at even panchayat and block level, which will mainly help marginal and small farmers. Warehousing at village and block level will not only help farmers, but more importantly it will reduce post-harvest losses caused due to inadequate storage facilities. 

After the national mission on oilseed-oil palm, which was launched in October 2024, a mission focused on pulses is one more initiative towards self-sufficiency.  The government’s intention is significantly important as our pulses imports are growing. In 2023-24 the import touched an all-time high in six years to 4.65 million MTs and in value terms it reached $3.75 billion.

Any attempt to counter the imports and try to achieve self-sufficiency is always a welcome step. The 6-year mission will have a special focus on Tur, Urad and Masoor dals. About a decade back, a similar effort was made with marginal success. But our consumption kept growing making us the largest consumer globally with per capita consumption far exceeding the global average.

Achieving self-sufficiency is crucial since pulses contribute significantly to food security and they are a critical part of the national dietary pattern providing an affordable source of protein. Reliance on imports in the absence of self-sufficiency exposes the country to risks in international trade.

From the nutritional point of view, a comprehensive programme is proposed to promote production, efficient supplies, processing and remunerative prices for vegetables and fruits, the consumption of which is already growing. All these and similar budgetary announcements are aimed at driving growth in the sector. 

But with all the good intentions of the finance minister reflecting in various missions proposed in the budget, two apprehensions keep rising. How far these missions will help increase farmers’ income which – on an average of a five-member farmer family as per the situation assessment survey of 2019 – was Rs 10,218. Even the global study by Organisation for Economic Cooperation and Development (OECD) has shown that only Indian farmers face incredible losses.

The second apprehension is over the lesser allocation for agriculture than the previous year. When so many new programmes have been launched the net allocation for the Ministry of Agriculture and Farmers’ Welfare is reduced from Rs 1.31 lakh crore (in revised estimate of 24-25) to Rs 1.27 lakh crore in the current budget (2025-26). This is particularly significant when the revised estimates for 24-25 were increased to Rs 1.31 lakh crore from the budget estimate of Rs 1.22 lakh crore. How the government will clear these apprehensions, will only become evident in due course of time.   

—

By Milind Kokje, Chief Editor, AgroSpectrumAgriculture appeared

Agribusiness, Animal Husbandry, Company News, Finance, India, Live Stock, Oilseeds, Poultry

The growth was driven by stellar performances in Vegetable Oil business, Animal Feed business and Poultry business.

Godrej Agrovet has reported robust growth in profitability in Q3 FY25. Although topline growth remained modest, EBITDA margins surged significantly, improving by 200 basis points compared to Q3 FY24.

 Commenting on the financial results Q3 FY25, B S Yadav, Managing Director, Godrej Agrovet Limited, said, “Vegetable Oil business delivered strong growth in profitability in Q3 FY25 driven by higher realisations in respect of end products coupled with an improved Oil Extraction Ratio (OER) compared to same period previous year. Animal Feed business also witnessed a remarkable improvement in segment margins due to favourable commodity positions. While overall volumes grew marginally as compared to Q3 FY24, sequential volume surged by 10 per cent. This growth was primarily driven by strong performance in the cattle, broiler, and layer feed segments. In Poultry business, while live bird volumes decreased in line with our strategy to focus on branded business, branded volumes improved marginally resulting in decline in topline. Profitability improved significantly due to higher realizations in the live bird segment compared to Q3 FY24.”

Astec’s EBITDA losses improved sequentially in Q3 FY25, narrowing from Rs 18 Crore in Q2 FY25 to Rs 4 Crore. This was due to higher CDMO volumes but offset by lower realisations in the key Enterprise products. EBITDA losses also narrowed y-o-y from Rs 17 Crore in Q3 FY24 to Rs 4 Crore in Q3 FY25. We expect to see improvement in performance in the coming quarters. In Domestic Crop Protection business lower sales volumes in in-license category negatively impacted segment revenue and margins during Q3 FY25. This decline was primarily attributed to localized extreme weather events in key markets and subdued crop prices.


Q3 (₹ Crore)		Excluding non-recurring itemsExcluding non-recurring items & Astec
Q3 FY25Q3 FY24Y-o-Y ChangeQ3 FY25Q3 FY24Y-o-Y Change
Revenues2,4502,3454.5%2,3552,2942.7%
Earnings before interest, tax and Depreciation (EBITDA)
229
171
34.0%
233
188
23.7%
EBITDA Margin (%)9.3%7.3%9.9%8.2%
Profit before Tax & Share of Profit of Equity Accounted Investees
138
93
48.5%
163
125
30.4%
PBT Margin (%)5.6%3.9%6.9%5.4%
Profit after tax (PAT)998517.0%12410913.8%
PAT Margin (%)4.0%3.6%5.2%4.7%

The growth was driven by stellar performances

Acquaculture, AgroPolicy, India, Live Stock

Budget announcement targets approx 2.5 Lakh Tonnes of untapped fisheries potential in Andaman & Nicobar and Lakshadweep Islands.

In the Union Budget, tabled today in the Lok Sabha for the year 2025-2026, proposed the highest ever total annual budgetary support of Rs. 2,703.67 crores for the fisheries sector. This overall allocation for the financial year 2025-26 has increased by 3.3 per cent in comparison to the allocation of Rs. 2,616.44 crore (BE) made during last year 2024-25. This includes the allocation of Rs. 2,465 crores for Pradhan Mantri Matsya Sampada Yojana during the year 2025-26 that has increased by 4.8 per cent in comparison to the allocation made for the scheme during the year 2024-25 (Rs. 2,352 crore).

The Budget 2025-26 highlights enabling a framework for sustainable harnessing of fisheries from Exclusive Economic Zone (EEZ) and High Seas with special focus on Lakshadweep and A&N Islands. This will ensure sustainable harnessing of the untapped potential of the marine fish resources in the Indian EEZ and adjacent High Seas for growth in the marine sector. As India has an EEZ of 20 lakh sq. km and a long coastline of 8,118 km with estimated marine potential of 53 lakh tonnes (2018) and dependence of 50 lakh people for their livelihoods on the marine fisheries sector. This offers an enormous scope and potential for harnessing of high valued tuna and tuna like species in the Indian EEZ, especially around the Andaman & Nicobar and Lakshadweep Islands. Government will promote Deep Sea Fishing with capacity development and support acquisition of Resource-Specific Fishing Vessels.

Development of fisheries in Andaman & Nicobar Islands will target harnessing of its EEZ area of 6.60 lakh sq. km (1/3rd of Indian EEZ) with marine fisheries potential of 1.48 lakh tonnes including potential of 60,000 tons for tuna fisheries. For this purpose, development of Tuna Cluster has been notified and activities such as establishment of on-board processing & freezing facilities in tuna fishing vessels, licensing for deep-sea tuna fishing vessels and single window clearances by the Andaman & Nicobar Administration, harnessing opportunities in sea cage culture, seaweed, ornamental and pearl cultivation have been undertaken. The Development of Fisheries in Lakshadweep Islands will target harnessing of its EEZ area of 4 lakh sq. km (17 per cent of Indian EEZ) and lagoon area of 4200 sq mt with potential of 1 lakh tonnes including potential of 4,200 tonnes for tuna fisheries. For this purpose, development of Seaweed Cluster has been notified and activities such as island-wise area allocation and leasing policy with end-to-end value chain by Lakshadweep Administration, formation of women Self Help Group (SHGs) and capacity building through ICAR Institution in collaboration with private entrepreneurs and Lakshadweep Administration, harnessing opportunities in tuna fishing and ornamental fish farming have been undertaken.

To enhance Indias competitiveness in global seafood market and to increase the share of value -added products in our export basket, Union Finance Minister proposed to reduce Basic Custom Duty (BCD) on frozen fish paste (surimi) from 30 per cent to 5 per cent for manufacturing and export of value-added seafood products like Imitation Crab Meat Sticks, Surimi Crab Claw Products, Shrimp analogue, lobster analogue and other surimi analogue or Imitation products etc. Further, to strengthen the Indian shrimp farming industry globally, import duty reduction from 15 per cent to 5 per cent on fish hydrolysate an important input for manufacturing of aquafeed has been announced. This is expected to lower production costs and increase revenue and profit margins for farmers, thereby improving and increasing exports.

Budget announcement targets approx 2.5 Lakh Tonnes

Uncategorized

The crop protection industry looks forward to partnering with both the Centre and State Governments to focus on the 100 districts with low productivity.

 CropLife India, an association of 17 R&D driven crop science companies, wholeheartedly welcomes the Union Budget 2025-26 and commends the Government for placing a strong emphasis on enhancing agricultural productivity while ensuring sustainability. The introduction of the PM Dhan dhanya Krisihi Yojna for farmers is a significant step, as it will target 100 districts with low productivity, moderate crop intensity, and below-average agricultural parameters, providing much-needed support to improve farm productivity and strengthen the rural economy.

 Ankur Aggarwal, Chairman – CropLife India and Managing Director of Crystal Crop Protection Ltd., shared, “The precise focus on enhancing productivity in the Union Budget 2025-26 is expected to foster significant growth in the agricultural sector, benefiting farmers and promoting sustainable farming practices. The Government’s well-defined vision to prevent migration from rural areas, coupled with the scheme that prioritizes women and youth, is a welcome and forward-thinking step. This initiative is set to drive greater adoption of modern technologies, including drones and precision agriculture, thereby providing a much-needed boost to innovation and efficiency in the sector”.

Aggarwal, emphasised, “It is heartening to witness the inclusion of productivity and resilience in agriculture as one of the key priorities of the Union Budget 2025. The crop protection industry looks forward to partnering with both the Centre and State Governments to focus on the 100 districts with low productivity. Together, we aim to enhance agricultural output, improve sustainability, and support farmers in these regions through targeted interventions and innovative solutions”.

CropLife India and its members have been urging the Government to consider the following measures:

  • Provide a 200% weighted deduction on R&D expenses for pesticide companies.
  • Retain a uniform basic customs duty of 10 per cent for both technical raw materials and formulations.
  • Reduce the GST on agrochemicals from the current 18 per cent to 12 per cent.
  • Allocate Funds in Budget to Strengthen the Extension Mechanism

These measures would have directly benefited the farmers, further empowering them and enhancing the agricultural sector as a whole.

The crop protection industry looks forward to

AgroPolicy, India, Opinions, R&D, Seeds

The focus on technological advancements, sustainable practices, and targeted interventions demonstrates the government’s commitment to transforming Indian agriculture.

The Union Budget 2025-26 demonstrates a strong commitment to agricultural growth and farmer welfare. Finance Minister Nirmala Sitharaman has presented a comprehensive and forward-looking budget that prioritises rural prosperity, self-sufficiency, and technological advancement in the agricultural sector.

While sharing the reaction on Union Budget 25 Raghavan Sampathkumar, Executive Director, Federation of Seed Industry of India (FSII) said, “This Budget sets a strong foundation for a prosperous agricultural sector, benefiting millions of farmers while driving India towards food self-sufficiency and economic resilience. The focus on technological advancements, sustainable practices, and targeted interventions demonstrates the government’s commitment to transforming Indian agriculture.”

National Mission on High-Yielding Seeds: This new initiative, along with the Cotton Productivity Mission, demonstrates India’s investment in cutting-edge agricultural research and the promotion of climate-resilient, high-yield seed varieties. Restoration of 200 per cent income tax deduction on R&D expenditures would certainly help the industry contribute significantly to this mission and we are hopeful that the Government will consider it positively.

PM Dhan Dhanya Krishi Yojana: This transformative initiative will target 100 low-productivity districts, improving crop intensity, credit access, irrigation, and post-harvest storage at the Panchayat level. The program is expected to benefit 1.7 crore farmers, leading to higher yields, better market access, and increased rural employment opportunities

Self-Reliance Mission for Pulses and Oilseeds: I especially welcome the six-year mission focusing on tur, urad, and masoor. It will strengthen domestic food security and reduce import dependency. This initiative aims to create a stable and predictable pricing framework for farmers

Emphasis on Fruit and Vegetable Production: The government’s focus on horticulture aligns with changing consumer habits, potentially improving nutrition, food security, and farmer incomes simultaneously

The focus on technological advancements, sustainable practices,

AgroPolicy, Opinions

The 2025 Union Budget takes important steps to strengthen the agricultural sector and improve the lives of farmers. Continuing Kisan Credit Cards (KCC) for 7.7 crore farmers, including those in fisheries and dairy, will ensure better financial access. Raising the loan limit under the modified interest subvention scheme will help more farmers invest in better resources and manage expenses efficiently

The launch of the Agricultural District Programme under the Prime Minister Krishi Yojana is a great initiative. Targeting 100 districts with low productivity, it will focus on crop diversification, better irrigation, improved post-harvest storage, and increased credit availability.

“A six-year mission for self-reliance in pulses, with an emphasis on tur and masoor, will ensure steady production and procurement support through NAFED and NCCF. The establishment of a Makhana Board in Bihar will create opportunities for farmers by promoting value addition. The introduction of a Cotton Productivity Mission will further support those dependent on cotton cultivation”, said Rajesh Aggarwal, Managing Director, Insecticides (India) Ltd.

The focus on credit support, sustainable farming, and better infrastructure will strengthen rural livelihoods. These measures will help build a more stable and self-sufficient agricultural economy. The emphasis on crop diversification and self-reliance in pulses through a six-year mission aligns well with the evolving needs of Indian agriculture. By integrating global best practices and strengthening procurement mechanisms, this budget paves the way for a more resilient and sustainable agricultural sector. The government’s promise to boost bio-manufacturing and bio-agri inputs manufacturing will provide strong support to this growing industry, fostering innovation and sustainable farming solutions. It is heartening to see a comprehensive approach that combines credit support, post-harvest management, and infrastructure development. As we move forward, fostering innovation and natural farming practices will be key to making Indian agriculture globally competitive while ensuring long-term sustainability.

“The Union Budget 2025 underscores a strong commitment to strengthening India’s agricultural ecosystem, ensuring both productivity and profitability for our Annadatas. The PM Dhandhanya Krishi Yojana is a welcome step that will boost yields in 100 low-productivity districts, enhance storage facilities at the grassroots level, and empower 1.7 crore farmers. Additionally, the increased loan limit under the Kisan Credit Card (KCC) will provide much-needed financial flexibility to farmers, enabling them to invest in better inputs and technology”, said Maninder Singh Nayyar, CEO and Founder, CEF Group.

The 2025 Union Budget takes important steps

Acts & Schemes – Centre, Agribusiness, AgroPolicy, Opinions

The Union Budget 2025 reaffirms the government’s intention and commitment to revitalizing rural India and addressing the urban-rural divide. This Budget reflects a clear intent to create new opportunities for farmers, youth, women, and agri-entrepreneurs, ensuring inclusive growth across the agricultural sector

By focusing on infrastructure, innovation, and self-sufficiency, the Budget presents a transformational roadmap for India’s rural economy. The launch of PM Dhan Dhanya Krishi Yojana will enhance crop diversification, irrigation, storage facilities, and credit access. Additionally, targeted interventions like the six-year self-reliance mission for pulses and oilseeds will reduce import dependency, while investments in fruit and vegetable production align with evolving dietary patterns, securing better incomes for farmers. The National Mission on High-Yielding Seeds and Cotton Productivity Mission will further accelerate research and innovation, reinforcing India’s leadership in sustainable agriculture. Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman deserve recognition for their visionary approach, ensuring that agriculture remains the backbone of India’s economy while creating new avenues for rural prosperity and national growth.

“I find it encouraging that the Budget will likely benefit a large segment of our youth population of 345 million, especially those in the rural areas. It is evident that by fostering agri-entrepreneurship, skill development, and technology adoption, the government is leveraging India’s demographic dividend, ensuring that the next generation plays an important role in shaping the future of agriculture. Hopefully, this can help rural youth to be more engaged in agricultural activities and balance the rural-urban divide”, said Susheel Kumar, MD & Country Head, Syngenta India Pvt Ltd.

A significant highlight is the PM Dhan Dhanya Krishi Yojana, which focuses on 100 low-productivity districts, just like the Aspirational Districts Programme. The need of the hour is crop diversification, better storage facilities at the Panchayat level, improved irrigation, and access to credit, ensuring that there is uniform agriculture growth across the country making farming a more sustainable and profitable venture. The six-year self-reliance mission for pulses and oilseeds, focusing on tur, urad, and masoor, will not only further reduce import dependency but also ensure that farmers get stable prices through structured procurement agreements with NAFED and NCCF. Focus on vegetables cluster will allow farmers the flexibility to go for different options. The agrochemical industry which plays a critical role in protecting crops from pests and diseases was looking forward to some long-standing demands in GST rationalization, enhancing of weighted deduction to 200 per cent and extending Production Linked Incentive (PLI) scheme to agrochemicals sector that have not been announced. The Jan Vishwas Bill 2.0 which aims to decriminalize more than 100 provisions in various laws, promoting a more trust-based and people-friendly governance framework is welcome, and we hope this reform will be extended to the crop protection industry as well.

“Reflecting the Mahakumbh, the Union Budget 2025 is a well- structured set of opportunities for Indian agriculture, laying out a practical, holistic, forward-looking, and revitalizing roadmap that strengthens farmers, improves productivity, and drives self-sufficiency. Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman have ensured that agriculture remains the first engine of growth, unveiling initiatives addressing not only the gaps but also tapping the opportunities to uplift rural India. I especially welcome the National Mission on High-Yielding Seeds and the Cotton Productivity Mission, which will help in strengthening research in climate-resilient and pest-resistant seeds, driving long-term innovation. We are hoping the private sector will play a vital role in this as it has scaled up its R&D capabilities and look forward to working  with government more proactively to be able to script a strengthened agriculture ecosystem. This Budget has the potential to be a game-changer, ensuring that farmers, agribusinesses, and rural communities thrive together in a rapidly evolving agricultural landscape”, said Dr KC Ravi, Chief Sustainability Officer, Syngenta India.

The Union Budget 2025 reaffirms the government’s

Opinions

The Union Budget 2025 has taken decisive steps to uplift the agricultural sector, with initiatives that could significantly impact 1.7 crore farmers

The Union Budget 2025 has taken decisive steps to uplift the agricultural sector, with initiatives that could significantly impact 1.7 crore farmers. The introduction of the agricultural district program targeting 100 underperforming districts is a commendable move, focusing on crop diversification, sustainable farming, and improved irrigation. The emphasis on strengthening post-harvest storage at the Panchayat and block levels will help reduce crop wastage and enhance price realization for farmers. Moreover, better access to credit, particularly through the expanded reach of Kisan Credit Cards (KCC), will improve financial liquidity for small and marginal farmers, driving rural entrepreneurship. The budget’s push to enhance market linkages and strengthen local markets at the district level is expected to boost farmers’ ability to sell their produce more competitively, ultimately fostering rural economic resilience.

The Union Budget 2025 has taken decisive

Opinions

The Union Budget 2025’s strong emphasis on the agriculture sector is a transformative step towards a brighter future for Indian farmers

This strategic focus on crop diversification, improved irrigation, and better credit availability is essential for the sustainable growth of our agriculture sector.

Furthermore, the comprehensive programme for fruits and vegetables, aimed at promoting production, supplies, processing, and better remunerative prices, is a forward-thinking move that will benefit both farmers and consumers, while taking the country towards a better nutritional future.

Special focus on targeting 100 districts with low productivity, is a radical initiative that will significantly enhance agricultural productivity and support 1.7 crore farmers. The emphasis on empowering rural women, young farmers, and marginal farmers underscores the government’s dedication to inclusive growth and sustainable development in agriculture. By focusing on empowering farmers through these initiatives, the government is laying the foundation for a resilient and prosperous agricultural sector.

Overall, the budget’s focus on innovation, investment, and sustainability in agriculture is a bold move that will undoubtedly lead to a thriving and self-reliant agricultural future for India

The Union Budget 2025's strong emphasis on

Acts & Schemes – Centre, AgroPolicy, Finance, Funding, Industry Reports / Analysis, Institutions, Interaction, Investments, Microfinance, Opinions, Schemes - Banks, Schemes - Govt, Schemes - NABARD

The maximum loan amount under MISS will rise from Rs 3 lakh to Rs 5 lakh

According to the finance minister, the Modified Interest Subvention Scheme (MISS) will now allow loans up to Rs 5 lakh instead of Rs 3 lakh. Currently, Kisan Credit Card loans up to Rs 3 lakh at a benchmark rate of 9 per cent are available to farmers involved in agriculture and related activities under MISS. To reduce the effective rate of interest to 7 per cent, the Center offers a 2 per cent interest subvention on the benchmark rate. It drops to 4 per cent annually with an extra 3 per cent reduction for timely and proper repayment.

The Agriculture Ministry claims that in order to shield small and marginal farmers using Kisan Credit Cards from the distress sale of their produce, the interest subvention scheme also applies to post-harvest loans (for six months after harvest). Since 2006–07, when then-Finance Minister P Chidambaram introduced the Interest Subvention Scheme, the original version of MISS, the Rs 3-lakh maximum limit has not changed. A number of states, including Uttar Pradesh, had called for the scheme’s lending cap to be raised.

The finance minister announced that the government will launch the Export Support Mission with sectoral and ministerial targets. The Mission will be driven jointly by the ministries of commerce, MSMEs, and finance. The Export Support Mission will facilitate easy access to export credit, cross-border factoring support, and support to MSMEs to tackle non-tariff measures in overseas markets.

A new program targeting five lakh women entrepreneurs from Scheduled Castes and Scheduled Tribes (SC/ST) would be introduced, according to the finance minister. Over the next five years, this will entail providing term loans up to Rs 2 crore. According to Sitharaman, the new plan will draw inspiration from the Stand-Up India initiative. Providing loans from Scheduled Commercial Banks between Rs 10 lakh and Rs 1 crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and one-woman borrower per bank branch for the establishment of a greenfield business in the manufacturing, services, or trading sector, as well as for agricultural-related activities, was the aim of the Stand-Up India program.

Achieving self-sufficiency, in pulses has been mentioned in the budget. In actuality, India’s imports of pulses were $3,275.25 million between April and November 2024, a 56.6% increase over $2,091.95 million during the same period in 2023

The maximum loan amount under MISS will

Acts & Schemes – Centre, Agribusiness, AgroPolicy

The board aims to improve the production, processing, value addition, and marketing of Makhana in Bihar state.

In support of Prime Minister Narendra Modi’s campaign to eradicate obesity in India, Finance Minister Niramala Sitharaman announced the establishment of a “Makhana Board” in Bihar calling it a special opportunity for the people of the state during his presentation of the Union Budget 2025–26 on Saturday morning.

The Makhana board aims to improve the production, processing, value addition, and marketing of Makhana, offering significant growth potential for this traditional crop and boosting Bihar’s agricultural economy.The people engaged in this activity will be organised into the Farmer Producer Organisations. The board will provide handholding and training support to Makhana farmers and will also work to ensure that they will receive all the benefits of all relevant government schemes.

The announcement is made at a time when Indians are becoming more conscious of their health issues and making smart dietary choices. The goal of the action is to revitalize Bihar’s stagnant makhana sector. Makhana’s ability to elevate India to a worldwide stage has been endorsed by a number of businesspeople, including Nikhil Kamath, the creator of Zerodha. Kamath has emphasized the potential of the industry and a Rs 6 crore business proposal.

The board aims to improve the production,

Acts & Schemes – Centre, AgroPolicy, Start ups

Given that the government is concentrating on encouraging innovation through startups, the declaration takes significance for promoting Agripreneurs in the sector

With a capital of Rs 10,000 crore, Finance Minister Nirmala Sitharaman inaugurated a new round of the Fund of Funds for Startups plan on Saturday to support the development of aspiring business owners. Given that the government is concentrating on encouraging innovation through startups, the declaration takes significance. To far, more than 1.5 lakh startups have been recognized by the Department for Promotion of Industry and Internal Trade (DPIIT).

On January 16, 2016, Startup India released their action plan. To address the finance needs of entrepreneurs, the Fund of Funds for entrepreneurs (FFS) plan was introduced that same year with a capital of Rs 10,000 crore. FFS is run by the Small Industries Development Bank of India (SIDBI), while DPIIT serves as its monitoring organization. Based on the scheme’s development and the availability of funds, a total corpus of Rs 10,000 crore was planned to be distributed over the 14th and 15th cycles of the Finance Commission.

In addition to providing funding for firms in their early, seed, and development stages, it has also acted as a catalyst for domestic capital raising, lowering reliance on foreign funding, and promoting domestic and new venture capital funds.

Given that the government is concentrating on

AgroPolicy, China, Fruits, Horticulture, Vegetables

A comprehensive programme to promote production efficient supplies, processing and remunerative prices for farmers will be launched in partnership with the states.

Nirmala Sitharaman Union Finance Minister presented Union Budget 2024-25 in the parliament today. The finance minister highlighted a comprehensive program for vegetables and fruits, acknowledging the growing awareness among the population about their nutritional needs. This shift reflects a healthier society, with rising income levels leading to an increase in the consumption of vegetables, fruits, and other nutritious foods such as ShreeAnna. A comprehensive programme to promote production efficient supplies, processing and remunerative prices for farmers will be launched in partnership with the states.

The government aims to support this trend with targeted initiatives to further promote the availability and accessibility of these essential food items, ensuring that the benefits of improved nutrition reach a wider segment of the population.

A comprehensive programme to promote production efficient