Cardamom auctions in Puttady and Bodinayakanur indefinitely halted due to Coronavirus concerns
Cardamom auctions both in Puttady in Idukki district and Bodinayakanur in Tamil Nadu has been indefinitely stopped, due to the prevailing circumstances around the novel Coronavirus (COVID 19) pandemic.
The auctioneers told BusinessLine that they have received an oral directive from Spices Board in this regard in the morning itself to cancel the auctions in both the centres till further orders.
Rain causes loss in Rabi crops of wheat, mustard
Rabi crops have faced the brunt of above normal rains this month in India with commodities including wheat, mustard, chickpeas and potato affected by over 60% precipitation in north-western and central India. The inclement weather has caused crop loss in wheat, mustard and chickpea besides affecting the harvesting of potato.
“Rain is suspected to cause crop loss of up to 5% in wheat and the effect is more on the early sown areas where the grain has attained maturity,” Dr Gyanendra P. Singh, director, Indian Institute of Wheat and Barley Research said. Singh maintained that the loss is widespread in pockets where hailstorm struck the standing crop of wheat.
Mahatma Phule Farm Loan Waiver Scheme: Over 7.65 Lakh Farmers Benefitted in Maharashtra
The State Government of Maharashtra has come up with many initiatives including loan waiver schemes for development of the agriculture sector and farmer’s welfare. The State Government has till date deposited ₹4,807 crores in the bank accounts of around 7.65 lakh farmers under the Mahatma Phule Farm Loan Waiver Scheme, said Chief Minister of Maharashtra Uddhav Thackeray earlier this week.