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HomePosts Tagged "scheme"
Acts & Schemes – Centre, Agro chems – Chemicals, Agro chems – Fertilizers, India, Start ups

The PM also inaugurated the Agri Startup Conclave and Exhibition

Prime Minister Narendra Modi inaugurates a two-day event titled “PM Kisan Samman Sammelan 2022” at Mela Ground, IARI, Pusa, New Delhi. On this occasion, Modi released Rs 16,000 crore under the PM-KISAN flagship scheme as 12th instalment through Direct Benefit Transfer. He also inaugurated the Agri Startup Conclave and Exhibition. 

Under the scheme, eligible farmer families are provided a benefit of Rs 6000 per year in three equal instalments of Rs 2000 each, every four months. The benefit is then transferred directly to the bank accounts of eligible beneficiaries through Direct Benefit Transfer mode, using modern digital technology.

Along with that, he also inaugurated 600 PM Kisan Samruddhi Kendras (PM-KSK) of Union Ministry of Chemicals & Fertilisers and will launch Bharat Urea Bags, India’s biggest move in fertilisers-One Nation One Fertiliser Scheme for Farmers.

On this occasion, Modi addressed crores of farmers, Agri Start-ups, Researchers, Policymakers, Bankers and other stakeholders. The event brought farmers and Agri startups on same platform. Over one crore farmers virtually joined this event.

Since the launch of this path breaking scheme, the scheme has crossed many milestones and has received accolades from several quarters for its scale, transparency and seamless transfer of funds directly to the accounts of eligible farmers.

The PM also inaugurated the Agri Startup

Finance, Schemes - NABARD

Expert’s views were taken into account for meeting the gap in augmenting productivity by way of agri- reforms, transformation, post-harvest management, collectivisation of agricultural produce, value addition and organising farmers into FPO

National Bank for Agriculture and Rural Development (NABARD) has projected a credit potential of Rs 36,292 crore for the state of Assam for the financial year 2022-23

NABARD launched the State Focus Paper today for the financial year 2022-23 which is the consolidation of exploitable district wise realistic potential, both in physical and financial terms in the state of Assam.
Focusing on the priority sector and to ensure integrated and sustainable rural prosperity in the state, NABARD has projected a credit potential of Rs 36,292 crore for the state of Assam for the financial year 2022-23 in the State Credit Seminar held on December 8, 2021. The credit potential is 12 per cent higher than the previous year.

Of the total projected credit potential, as much as Rs 18755 crore (52 per cent) is towards Agriculture and Allied activities, Rs 12952 crore (36 per cent) is towards MSME sector, Rs 1388 crore for Informal Credit – SHGs / JLGs and Rs 3197 crore for housing, education and other Sectors.

The State Focus Paper was released at Guwahati by Finance Minister Ajanta Neog, in presence of Additional Chief Secretary P K Borthakur, Regional Director, RBI, Sanjeev Singha and CGM SBI, R S Ramesh etc.
The credit potential estimated in the State Focus Paper will be used as a base for the preparation of the Annual Credit Plan for priority sector lending of the state by financial institutions for the year 2022-23.

Baiju Kurup, Chief GM, NABARD informed that the seminar deliberated upon the demand of credit at the grass-root level besides taking cognizance of the policy interventions and programmes initiated by NABARD, Financial Institutions, the State as well as Central Governments in various sectors. It was also informed that expert’s views were taken into account for meeting the gap in augmenting productivity by way of agri- reforms, transformation, post-harvest management, collectivisation of agricultural produce, value addition and organising farmers into Farmer Producers’ Organisation (FPO), which may help in creating local level commodity-specific value chains to enable small and marginal farmers to realise optimal value of their products, through better price discovery mechanisms.

Expert’s views were taken into account for

Supply Chain, Trade

NAFED connected with the FPOs in Ziro, Arunachal Pradesh

AgNext Technologies has partnered with NAFED in a first-of-its-kind initiative to digitise quality assessment for Arunachal Pradesh’s organic kiwis. These organic kiwis were launched in New Delhi last week by Arunachal Pradesh Agriculture Marketing Board (APAMB) along with NAFED as the marketing partner, under the national ‘One district One Product’ scheme.

This is the first time in India, an AI-based technology is being used for rapid quality assessment of organic kiwi. Through its quality monitoring platform ‘Qualix’, AgNext also enabled deep-tech based comprehensive traceability. Using QR code mapping, the end-consumers can trace all the steps in the supply chain down to the origin.

Taranjeet Singh Bhamra, CEO & Founder, AgNextsaid, “Till date, over 6000 kgs of kiwi has been assessed and moved through our ‘Qualix’ platform, with proven benefits for the farmers, NAFED and the end-consumers. The impact of facilitating quality-based and traceability-enabled trade for kiwis will not only improve domestic demand but also help in boosting export potential of the fruit.”

Subrat Panda, Chief Technology Officer, AgNext explained the various intersections where technological deployment helped to bring about the traceability solution to the end-consumer. Panda said, “NAFED connected us with the FPOs in Ziro, Arunachal Pradesh and we deployed our quality assessment solution right at the procurement centre to measure the total soluble sugar (TSS), which is the key parameter to ascertain the ripeness of Kiwi. During the packaging process for retail distribution, each box of kiwis was labelled with a QR code through which one can access the complete inspection report along with key traceability and quality parameters. The entire process is automated and led by an integrated AI-based system which significantly reduces the TAT for quality testing, logistics and marketing of the fruit.”

Pankaj Prasad, Additional MD, NAFED, said, “NAFED has successfully partnered with FPOs in Ziro, Arunachal Pradesh to help them create better market linkages for their certified organic kiwis. Digitised quality assessment helps to streamline the inspection process of the fruit, giving end-consumers a complete traceability report. This empowers both farmers and consumers, resulting in better price realisations, and also builds greater trust and transparency among all the stakeholders in the value chain. It is essential to increase adoption of technology to truly capitalise on the potential of Indian agriculture, boost farmer income and enable quality-based trade.”

NAFED connected with the FPOs in Ziro,