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The partnership leverages BharatRohan’s unique experience in hyperspectral imaging for crops, focusing on creating a spectral library to improve pest and disease detection in paddy and cotton crops

BharatRohan, a pioneer in providing hyperspectral imagining-enabled drone-based crop monitoring services, is excited to announce a co-innovation partnership with AgHub, the Agri-innovation hub of Professor Jayashankar Telangana State Agricultural University(PJTSAU). This collaborative effort aims to promote a culture of co-innovation, collaboration, and co-creation, facilitating advancements through synergies between Agritech startups and agricultural scientists.

The partnership leverages BharatRohan’s unique experience in Hyperspectral Imaging for crops, focusing on creating a spectral library to improve pest and disease detection in paddy and cotton crops. This initiative is expected to significantly benefit farmers by potentially increasing yields through a reduction in losses caused by pests, such as the Brown Plant Hopper and Pink Bollworm, and diseases like rice blast and boll rot, by 20-30 per cent.

Amandeep Panwar, Co-founder of BharatRohan, commented on the partnership: “This partnership marks a significant milestone in our mission to empower farmers. Utilising hyperspectral technology, we aim to provide invaluable insights leading to healthier crops, reduced input costs, and enhanced yields. Our collaboration with AgHub and PJTSAU underscores our dedication to sustainable and prosperous agriculture.”

The collaboration leverages innovative hyperspectral imaging and advanced drone technology, setting a new benchmark in early detection and intervention for crop management. This integration is anticipated to lead to more sustainable farming practices and healthier crops.

The partnership leverages BharatRohan's unique experience in

Introducing Cosayr and Lapidos, insecticides formulated through ADAMA’s fully backward integrated production

ADAMA Ltd. a leading global crop protection company announced the launch of Cosayr and Lapidos in India, its first insecticides containing the active ingredient Chlorantraniliprole (CTPR), benefiting from its new in-house production.

ADAMA India has launched Lapidos and Cosayr insecticides for paddy and sugar cane growers, offering effective defence against various pests and ensuring improved yields and crop quality. Lapidos is a GR formulation designed for broad application providing crop protection at the early growth stage. Cosayr is a foliar solution that combats stem borer and leaf folders that attack rice paddy crops, responsible for significant yearly crop losses.

“ADAMA has recognised CTPR as an important active ingredient for its future insecticide portfolio, part of our ‘Core Leap’ strategy,” said Walter Costa, VP of Marketing and Product Strategy at ADAMA. “The significance of this active ingredient for ADAMA is also evident in the strong cost position having fully backward integrated manufacturing capabilities. We are happy to add these important products to our offering in India and look forward to developing and providing more products based on CTPR.” 

“We take great pride in introducing Cosayr and Lapidos to Indian farmers, a testament to our commitment to delivering solutions and enhancing agricultural productivity,” said Sahin Ozkan, ADAMA India General Manager. “CTPR is becoming a significant ingredient in our portfolio in India to meet farmers’ needs, delivering on our promise to provide a comprehensive range of crop protection solutions.”

Introducing Cosayr and Lapidos, insecticides formulated through ADAMA's

The insecticide falls in the Green category and is being produced by IIL under the Make in India initiative that would benefit marginal and small farmers in India

Insecticides (India) Limited (IIL), an agrochemical company has announced the insecticide ‘Mission’ which would attack different types of lepidopteran pests affecting sugarcane crops and other crops like paddy, soybean and vegetables.

According to the company statement, the insecticide Mission will be available in granules as well as liquid form. The insecticide falls in the Green category and is being produced by IIL under the Make in India initiative that would benefit marginal and small farmers in India. It was imported earlier. The mission is well designed to control the spread of stem borer and leaf folders in paddy and other crops.

Rajesh Aggarwal, Managing Director, Insecticides (India), said, “We are pleased to launch Mission today under our Make in India Initiative after Torry, Green Label, Dominant and Stunner. The mission is the latest technology insecticide which can be used on a variety of crops and provide good control to farmers against lepidopteran pests, ensuring good crop health and high yield. We are confident that Mission will help our Indian farmers to improve their income through effective protection for a superior harvest.”

The insecticide falls in the Green category

The need to explore the use of Plankton Plus in agriculture and horticulture crops to increase the demand for the product

ICAR-Central Institute of Brackishwater Aquaculture, Chennai signed a Memorandum of understanding (MoU) with A.M.M. Murugappa Chettiar Research Centre (MCRC), Chennai, Tamil Nadu for evaluating the efficacy of fish waste converted CIBA-Plankton Plus in paddy crop.

Dr Kuldeep K.Lal, Director, ICAR-CIBA stressed the need to explore the use of Plankton Plus in agriculture and horticulture crops to increase the demand for the product. He complimented MCRC officials for recognizing the potential of CIBA in R and D backstopping and coming forward to sign the MoU.

Dr Debasis De, Principal Scientist, CIBA, and team leader of CIBA-PlanktonPlus technology said the potential use of CIBA-PlanktonPlus in agriculture can be explored at the field level through collaborative research with MCRC.  He stressed that if CIBA-PlanktonPlus is found to have a beneficial effect on paddy crops it will improve productivity and increase the income for farmers.

Dr Sandeep, K.P., Scientist and a core member of the CIBA-PlanktonPlus technology team elaborated on the lead found regarding the use of CIBA-PlanktonPlus in paddy crop in a preliminary trial.

Dr N. Unnamalai, Principal Scientist, MCRC said that they are hopeful that the application of CIBA-PlanktonPlus will improve the yield and quality of paddy.

A team of scientists from ICAR-CIBA will coordinate the experimental trials along with MCRC officials.

The need to explore the use of

Over 1.22 Crore farmers benefit with MSP outflow of over Rs. 1,71,000 Crores during ongoing paddy procurement operations

Paddy procurement by the Government of India during the Kharif Marketing Season (KMS) 2022-23 has progressed smoothly. More than 830 Lakh Metric Ton (LMT) paddy has been procured for Central Pool up to 19.06.2023 under Minimum Support Price (MSP) operations. Over 1.22 crore farmers have so far benefited from the ongoing paddy procurement operations of KMS 2022-23 with an MSP outflow of Rs. 1,71,000 crores transferred directly into their accounts.

The Government has ensured that all arrangements are in place for hassle-free procurement operations. Rice delivery against the procured paddy is also in progress and against the procurement of 830 LMT paddy (558 LMT in terms of Rice), around 401 LMT rice has been received in the Central Pool up to 19.06.2023 with another 150 LMT yet to be received.

Wheat procurement during the ongoing Rabi Marketing Season (RMS) 2023-24 has also progressed smoothly. The progressive procurement of wheat in the current season up to 19.06.2023 is 262 LMT which is well above last year’s total procurement of 188 LMT by 74 LMT. About 21.29 Lakh farmers have already benefited from the ongoing wheat procurement operations with an MSP outflow of about Rs. 55,680 crores. Major contribution in the procurement has come from three procuring states of Punjab, Madhya Pradesh and Haryana with procurement of 121.27 LMT, 70.98 LMT and 63.17 LMT respectively.

The MSP payment to the farmers this year for the procurement of wheat and paddy combined is Rs. 2,26,829 crore against last year’s total payment of Rs. 2,05,896 crore.

With the current procurement of wheat and rice, adequate food grains stock in Government granaries is maintained. The combined stock position of wheat and rice has reached 570 LMT which puts the country in a comfortable position to meet its requirements of food grains.

Over 1.22 Crore farmers benefit with MSP

The company’s revenue increased by 14 per cent over the previous year.

Agrochemical major, Rallis India announced the financial results of fourth quarter of FY2023. Company has reported revenue of Rs 523 crore in Q4FY23, an increase of 3 per cent over Q4FY22 of Rs 508 crore. The company’s exports recorded a revenue of Rs 979 crore in FY23. The company’s revenue increased by 14 per cent over the previous year. The Crop Nutrition business grew by 22 per cent. Domestic crop care business grew by 12 per cent and exports by 25 per cent during the year.

According to the release by the company, Seed’s revenue at Rs 345 crore was impacted mainly due to segmental shifts in Paddy and due to a supply shortfall in Maize.

  • Q4FY23 summary
    • Revenues of Rs 523 crore for Q4FY23, an increase of 3 per cent over Q4FY22 of Rs 508 crore
    • Loss after tax (after exceptional items) was (Rs 69) crore for Q4FY23, as compared to loss after tax (after exceptional items) of (Rs 14) crore in Q4FY22.
  • FY23 summary
    • Revenues of Rs 2,967 crore for FY23, an increase of 14 per cent over FY22 of Rs 2,604 crore
    • Profit after tax (after exceptional items) was Rs 92 crore in FY23, as compared to FY22 profit after tax (after exceptional items) of Rs 164 crore

Sanjiv Lal, Managing Director, and CEO, of Rallis India, said, “We have recognised a provision for slow moving/non-moving inventory Rs 52.8 crore and impairment in intangible assets Rs 30.4 crore. Work is underway to stabilise the business and improve its unit economics. The positive response to Diggaz, a cotton brand for North India, is encouraging.”

For FY24, there are forecasts of the likely onset of El Nino effects and efforts are underway to mitigate its business impact.

On a longer-term basis, our capex plans, new product introduction plans and demand generation investments remain on course. Our focus on Technology & Digital Transformation projects in our operations will continue.

This year marks the 75th Anniversary of Rallis’ incorporation. We want to thank all our stakeholders for supporting us in this journey. We have themed the milestone as ‘Rooted in Values. Seeding Growth’ and as we continue Serving Farmers through Science.”

The company’s revenue increased by 14 per

Wheat procurement in RMS 2022-23 has so far benefitted 17.50 lakh farmers with an MSP value of Rs 37,192.07 Crore

The Food Ministry has recently announced that the government of India has procured 184.58 lakh tonnes of wheat at an MSP value of Rs 37,192.07 crore so far in the ongoing 2022-23 rabi marketing year, benefitting 17.50 lakh farmers.

According to the ministry, 96.16 lakh tonnes of wheat have been procured in Punjab, 44.45 lakh tonnes in Madhya Pradesh, 40.97 lakh tonnes in Haryana, 2.84 lakh tonnes in Uttar Pradesh till May 29 of the current marketing year.

Upto May 29, 2022 a quantity of 184.58 LMT of wheat has been procured, benefiting about 17.50 Lakh farmers with MSP value of Rs 37,192.07 crore.

Paddy procurement under central pool is progressing smoothly in Kharif Marketing Season (KMS) 2021-22, in various procuring States/ UTs.

Upto May 29, 2022, a quantity of 810.05 LMT of Paddy (includes Kharif Crop 754.69 LMT and Rabi Crop 55.37 LMT) has been procured, benefiting 117.05 Lakh farmers with MSP value of Rs 1,58,770.64 crore.

The wheat procurement target has been revised downward to 195 lakh tonnes for the current year from the earlier 444 lakh tonnes due to a fall in wheat output and increased exports.

Wheat procurement in RMS 2022-23 has so

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

94.15 lakh farmers benefitted with an MSP value of Rs. 1,36,350.74 crore

The paddy procurement is progressing smoothly in Kharif Marketing Season (KMS) 2021-22 at MSP from farmers, as was done in previous years. A quantity of 695.67 LMT of Paddy has been procured in KMS 2021-22 up to 20.02.2022 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 94.15 Lakh farmers have been benefitted with an MSP value of Rs 1,36,350.74 crore.

94.15 lakh farmers benefitted with an MSP

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

Punjab raises the bar by procuring 1,86,85,532 MT of paddy which in turn benefits 9,24,299 farmers with the MSP value of 36623.64 crore

Govt procures 53,286,457 MT of paddy till Jan 9, 2022

Punjab raises the bar by procuring 1,86,85,532 MT of paddy which in turn benefits 9,24,299 farmers with the MSP value of 36623.64 crore

The paddy procurement has begun in Kharif Marketing Season (KMS) 2021-22 at MSP from farmers, as was decided in previous years. Near about 532.86 LMT of Paddy has been procured in KMS 2021-22 up to 09.01.2022 in the procuring States/UTs of Chandigarh, Gujarat, Assam, Haryana, Himachal Pradesh, Jammu & Kashmir, Jharkhand, Punjab, Uttar Pradesh, Uttarakhand, Telangana, Rajasthan, Kerala, Tamil Nadu, West Bengal, NEF (Tripura), Bihar, Odisha, Maharashtra, Chhattisgarh, Andhra Pradesh and Madhya Pradesh.

Among states, Punjab raises the bar by procuring 1,86,85,532 MT of paddy which in turn benefits 9,24,299 farmers with the MSP value of 36623.64 crore. Other leading states after Punjab are Chhattisgarh procuring 67,65,986 MTs, Telangana 65,54,739 MTs, Haryana 55,30,596 MTs followed by Uttar Pradesh which has procured 46,50,290 MTs of paddy so far. 

The MSP serves as the floor prices and is therefore fixed by the government of India like a long-term guarantee for investment decisions of producers, with the assurance that prices of their commodities would not be allowed to fall below the level fixed by the government, even in the case of a bumper crop.

Punjab raises the bar by procuring 1,86,85,532