Foodgrains output to touch record 303 million tonnes
Bumper rice, wheat crop push up the total production
Riding high on bumper rice and wheat output, India’s foodgrains production in 2020-21 is slated to touch a record 303.34 mt — up from the 297.5 mt produced in 2019-20, according to second advance estimates of crop production.
The latest production estimates were announced by Agriculture Minister Narendra Singh Tomar at an event organised to mark the second anniversary of the PM-KISAN (Pradhan Manti Kisan Samman Nidhi) scheme here.
M&M’s farm equipment arm rolls out Krish-e centres in Karnataka
Mahindra & Mahindra Ltd’s Farm Equipment Sector (FES) division has launched its ‘Farming as a Service’ business in Karnataka by rolling out the Krish-e centres in five locations across the State.
The Krish-e centres, set up in Jamkhandi, Mysore, Bijapur, Bidar and Gulbarga, provide a range of solutions to farmers including agronomy advisory, access to advanced farm equipment rentals and new age precision farming solutions, the company said in a press release.
Sheet rubber skids as tyre-makers shift to technical-grade product
Spot rubber turned weak on Wednesday. RSS-4 dropped to ₹160 (160.50) per kg, according to traders and the Rubber Board. The grade was quoted lower at ₹156 (156.50) by dealers. The commodity opened steady but shed Tuesday’s gains during late trading hours on buyer resistance.
As per reports, tyre makers, who account for 68 per cent of the total rubber consumption in India, have of late, started using technically specified rubber (TSR) grade ISNR 20 than RSS 4. ISNR20 — the only gainer of the day — improved to ₹149 (148) per kg, while latex closed unchanged amidst low volumes.