Agriculture Current Affair 13 December 2020

PM to industries: Ramp up investments in agriculture

Prime Minister Narendra Modi on Saturday urged private sector to up their investments game in agriculture, noting that they have not invested enough and as much as they should have given its potential.

Addressing the 93rd Annual General Meeting of Federation of Indian Chambers of Commerce and Industry (FICCI) via video conferencing, Modi lamented that private sector has not “explored” enough the opportunities in agriculture and allied industries. “There are some companies doing good work in agriculture, but it is not enough. It is important that private sector show both interest and make investments in agriculture,” he said.

Rabi sowing up 4% despite farmers’ protests

Despite widespread farmer protests against the controversial farm laws, the area under rabi crop increased by four per cent to 507 lakh hectares (lha) till Friday as compared to the corresponding week last year, according to data released by Agriculture Ministry.

The area under wheat, at the end of current week, stood at nearly 255 lha, a modest increase of 2.5 per cent over nearly 248 lha in the same week last year. While there is an increase in wheat planting in Madhya Pradesh, Uttar Pradesh and Gujarat, the area came down slightly in Haryana and Rajasthan.

Covid-19 pulls down India’s tea production; 152 mkg already lost

India is heading for a massive shortfall in calendar 2020 – this will be the first year in many years that the country’s output in a year falls below the previous year because, India has been producing record output year after year for many years.

“Tea Board has now released the official data for October and our compilation shows that the output in the ten months has nosedived to 1,032.68 million kg (mkg) from 1184.28 mkg in Jan-Oct 2019”, Rajesh Gupta, Compiler of ‘Global Tea Digest’, told BusinessLine.

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