Higher wholesale prices, strong reservoir levels to help farmers in FY20
MUMBAI: Higher wholesale prices for kharif crops and a likely bumper harvest will spell gains for farmers in the crop year 2019-20, a report by Crisil research said. The rating agency expects overall farm profits per hectare to grow at 7-9% on-year in 2019-20 based on its analysis of 15 key minimum support price (MSP)-linked crops on parameters such as crop productivity, output, international and domestic demand-supply scenario, share of government procurement and exports, farm gate prices, and, and evolving cost dynamics indicates.
Next season: Government plans hi-tech crop assessment
NEW DELHI: Crop assessment will turn hi-tech from the next crop season in June 2020 as the government plans to use remote sensing, satellites, drones and artificial intelligence extensively to get realtime estimates of crop yields accurately from villages, which will help officials plan food supply better and speed up insurance claims.
University of Petroleum & Energy Studies to Set Up ‘School of Smart Agriculture’
Good news for students who want to pursue a career in agriculture. Soon, the University of Petroleum and Energy Studies also known as UPES will start a “School of Smart Agriculture” at its campus located in Dehradun, Uttarakhand.
Speaking to media, Vice-Chancellor of UPES Deependra Kumar Jha said that futuristic education in agriculture will need undivided focus as well as commitment, from teaching & learning perspective. And the University is uniquely positioned to focus on convergence of advanced technologies like AI, IoT, Big Data, unmanned aerial vehicles & GPS with existing agricultural practices to create a new offering.
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