Agriculture Current Affair 10 February 2023

India’s wheat crop is in exceptionally good condition, says Gyanendra Singh, Director, ICAR-IIWBR

India’s winter wheat crop is in good condition as of now as there has been rainfall in the north west India in the last three-four days, said Gyanendra Singh, director of ICAR-IIWBR, the apex body for wheat cultivation in the country.

India’s January rainfall hit a five-year low at 12.4 mm, taking the deficit in rainfall to 25% in the month, according to data from India Meteorological Department (IMD).

Govt efforts to double farmers’ income yielded positive results: Agri Min Narendra Tomar

The government’s efforts to double the income of farmers have yielded “very positive” results, Agriculture Minister Narendra Singh Tomar said in Parliament on Tuesday. The government had set up an Inter-Ministerial Committee in April 2016 to examine issues relating to “Doubling of Farmers’ Income (DFI)” and recommended strategies to achieve the same.

The panel had submitted its final report to the government in September 2018. It contained the strategy for doubling farmers’ income through various policies, reforms and programmes.

As per the strategy, Tomar said the government has adopted and implemented several policies, reforms, developmental programmes and schemes for achieving higher income for farmers directly or indirectly.

Basmati rice sales to cross Rs 50,000 crore this fiscal, says Crisil

A combination of high realisation and healthy demand will help the basmati rice sector log strong sales growth of over 30% on-year to more than Rs 50,000 crore in fiscal 2023, its highest ever, said Crisil in a media release.

It added: “Next fiscal, however, sales will decline by 5-7% as basmati rice realisation is expected to soften with anticipated increase in paddy acreage, leading to higher supply. The volume demand is expected to remain stable at ~6.8 million tonne. 

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