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HomePosts Tagged "Kharif"
Acts & Schemes – Centre, India

Centre will soon initiate prompt steps to give proper benefits to the farmers on the issue of small claims after discussing with the State Governments and insurance companies

Under the Pradhan Mantri Fasal Bima Yojana, the Centre has decided to make full payment of the pending claims of Kharif 2021 to the farmers of Barmer. At the initiative of the Government of India, the Agriculture Insurance Company last week said it had settled partial claims amounting to Rs 311 crore. Following a review meeting held today, the insurance company will pay additional claim amount of Rs 229 crore to the farmers. Claim payment of a total of Rs 540 crore to the eligible farmers of Barmer will be expedited. Union Minister of State for Agriculture and Farmers Welfare, Kailash Choudhary, senior officials of the Ministries of Finance and Agriculture, Chairman and Managing Director of Agriculture Insurance Company and Agriculture Commissioner of Rajasthan were present in the meeting.

Addressing the review meeting, the Union Agriculture and Farmers Welfare Minister, Narendra Singh Tomar said that the Pradhan Mantri Fasal Bima Yojana has provided better financial security cover to crores of farmers in case of crop loss. By taking decisions in the interest of the farmers, the Government of India is trying to make it easier for the farmers so that they do not face any problem while taking crop insurance. Under the Crop Insurance Scheme, the Central Government will soon initiate prompt steps to give proper benefits to the farmers on the issue of small claims after discussing with the State Governments and insurance companies.

During the meeting there was comprehensive discussion on the ease of crop insurance scheme and the proposed solutions for small claims, in which it was also decided to make consolidated payment for all eligible applications while paying claims to farmers in future.


Centre will soon initiate prompt steps to

India, Oilseeds, Seeds, Webinar

For the first time in the country in the current season, experts at the Indian Merchants’ Chamber (IMC) webinar closely examined the progress of southwest monsoon, planted area and crop status. Forecast of the harvest size of major Kharif crops – covering rice, pulses, coarse cereals, oilseeds, cotton and sugarcane – was presented. The production of major crops is likely to be slightly below last year’s level and well below the season’s target set by the government. This was stated during a webinar organised by IMC Chamber of Commerce and Industry in association with NCDEX IPFT. 

Looking at lower area coverage and lack of precipitation in key growing states in eastern India (UP, Bihar, Gangetic West Bengal, and Jharkhand) rice production is expected to decline from last year’s 111.8 million tonne to 100-102 million tonne in the current season. 

Pulses to fall to 8.4 million tonnes from 10.5million tonnes, Oilseeds to fall to 21.5 – 22.5 million tonnes from 23.9 million tonnes. 

Overall, the harvest size of major crops is set to be smaller than last year’s, except cotton. Which is in the target range of 335 to 345 lakh bales, the target was set for 370 lakh bales. 

For the first time in the country

India, Pulses, Webinar

India Pulses and Grains Association (IPGA), the apex body of India’s pulses and grains industry and trade along with USA Dry Peas and Lentil Council (USADPALC) jointly hosted a webinar on the ‘Outlook of kharif pulses crop production 2022 and the USA crop update’ under the aegis of the ‘IPGA Knowledge Series. The webinar aimed at giving an in-depth insight into this year’s kharif pulses crop in terms of its production and future outlook of tur, urad and moong. It also highlighted its yield, impact on prices, import-dependence as well as a detailed USA crop update.

The keynote address was delivered by Rohit Kumar Singh, secretary, Department of Consumer Affairs, Ministry of Consumer Affairs, Food and Public Distribution, Government of India. He said, “Theres likely an impact of uneven rainfall on the kharif pulses crop production. The outlook is not very positive and the erratic rains have been posing a challenge. The Department of Consumer Affairs takes cognisance of the situation in the field, both in terms of availability and prices. Accordingly, interventions are undertaken to keep the pulses prices under control.”

While giving the opening remarks, Bimal Kothari, chairman, IPGA, said, “IPGA has set out a transformation agenda for the industry and trade. In order to pursue this single-mindedly, we are working closely with the government, policy-makers and our foreign partner associations like USA Dry Pea and Lentils Council.”

The webinar had eminent speakers from across India and USA including Rahul Chauhan, director, Igrain India; Pritesh Nandu, partner, Himtalal Hirji & Co; Ritesh Mittal, director, Pan Shree Delhi; Jeff Rumney, vice president, marketing, USA Dry Pea and Lentil Council; Sachin Khurana, India representative, USA Dry Pea and Lentil and Lalit Bangar, chartered accountant.

The web conference witnessed discussions around the production of African tur crop in east African countries, production of Myanmar tur crop and overall outlook on demand and supply of tur in India. It was attended by over 400 trade stakeholders across India and USA.

India Pulses and Grains Association (IPGA), the apex

AgroPolicy

The government has increased the MSP of Kharif Crops for Marketing Season 2022-23, to ensure remunerative prices to the growers for their produce and to encourage crop diversification

The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi, has recently approved the increase in the Minimum Support Prices (MSP) for all mandated Kharif Crops for Marketing Season 2022-23. 

The government has increased the MSP of Kharif Crops for Marketing Season 2022-23, to ensure remunerative prices to the growers for their produce and to encourage crop diversification.

The increase in MSP for Kharif Crops for Marketing Season 2022-23 is in line with the Union Budget 2018-19 announcement of fixing the MSP at a level of at least 50 per cent over the All-India weighted average Cost of Production, aiming at reasonably fair remuneration for the farmers. It is notable that, return over MSP for bajra, tur, urad sunflower seed, soybean and groundnut is more than 50 per cent over the All-India weighted average Cost of Production at 85 per cent, 60 per cent, 59 per cent, 56 per cent, 53 per cent and 51 per cent respectively.

Concerted efforts have been made over the last few years to realign the MSP in favour of oilseeds, pulses and coarse cereals to encourage farmers to shift larger area under these crops and adopt best technologies and farm practices, to correct demand – supply imbalance. 

The government has increased the MSP of

Supply Chain

102.29 lakh farmers were benefitted with an MSP value of Rs 1,42,282.68 crore

A quantity of 725.93 LMT of Paddy has been procured in KMS 2021-22 up to 06.03.2022 in the procuring States/UTs of Chandigarh, Gujarat, Assam, Haryana, Himachal Pradesh, Jammu & Kashmir, Jharkhand, Punjab, Uttar Pradesh, Uttrakhand, Telangana, Rajasthan, Kerala, Tamil Nadu, Karnataka, West Bengal, NEF (Tripura), Bihar, Odisha, Maharashtra, Puducherry, Chhattisgarh, Andhra Pradesh and Madhya Pradesh.

Till now about 102.29 Lakh farmers have been benefitted with an MSP value of Rs. 1,42,282.68 crore.

102.29 lakh farmers were benefitted with an

AgroPolicy, Finance

A slew of measures is likely to benefit the sector

Finance Minister Nirmala Sitharaman while announcing the Budget 2022, gave a special emphasis on the agriculture sector. Sitharaman mentioned the government’s priority for farmers cultivating paddy, kharif and rabi crops under which 1,000 LMT Paddy is expected to be procured benefitting over 1 crore farmers.

Rs 2.37 lakh crores will be transferred to 163 lakh farmers as Minimum Support Price (MSP) for the procurement of paddy, wheat, rabi and kharif. Chemical-free, natural farming will be promoted across the country with a focus on farmers’ land in 5 km wide corridors along the river Ganga. She also mentioned branding millet products nationally and internationally.

The budget also mentioned the use of drone technology for farming activities. States will be encouraged to revise syllabi of agricultural universities to meet the need for natural, zero-budget and organic farming, modern-day agriculture.

Sitharaman also mentioned a fund with blended capital raised under co-investment model facilitated through NABARD to finance startups in agriculture & rural enterprises for farm produce value chain. Apart from these, finance startups to receive incentives to aid rural enterprises.

A slew of measures is likely to

AgroPolicy, Supply Chain

82.79 lakh farmers benefitted with MSP value of Rs. 1,25,020.85 crore

The government has procured paddy from farmers at MSP as like previous years.

A quantity of 637.86 LMT of Paddy has been procured in KMS 2021-22 up to 30.01.2022 in the procuring States/UTs of Chandigarh, Gujarat, Assam, Haryana, Himachal Pradesh, Jammu & Kashmir, Jharkhand, Punjab, Uttar Pradesh, Uttrakhand, Telangana, Rajasthan, Kerala, Tamil Nadu, West Bengal, NEF (Tripura), Bihar, Odisha, Maharashtra, Chhattisgarh, Andhra Pradesh and Madhya Pradesh.

Till now about 82.79 lakh farmers have been benefitted with MSP value of Rs 1,25,020.85 crore.

82.79 lakh farmers benefitted with MSP value

Interaction, Webinar

The webinar will provide a comprehensive overview from the perspective of government, trade and policy

India Pulses and Grains Association (IPGA), the nodal body for India’s pulses trade and industry will be hosting its first webinar of 2022 on Rabi Outlook and Kharif Production 2022 under the aegis of ‘THE IPGA KNOWLEDGE SERIES’ at 5 pm on January 28, 2022. The webinar will provide a comprehensive overview from the perspective of government, trade and policy. The speakers will cover a wide range of topics including carry-forward stocks, price forecasts, impact of weather and expected production etc.

The webinar will be addressed by a panel of stalwarts, eminent government officials and industry experts like Dr SK Malhotra – Agriculture Commissioner, Ministry of Agriculture and Farmers Welfare, Dr Shiv Sewak, Principal Scientist and Director Incharge, Indian Institute of Pulses Research (IIPR), VN Saroja – Chief Strategy Advisor, Agriwatch and Nirav Desai – Partner, GGN Research who will provide invaluable insights on their respective subjects and sectors.

The webinar will provide a comprehensive overview