Agriculture Current Affair 13 October 2022

Palm oil drives edible oil imports in September

Edible oil imports increased to 15.9 lt in September, as against 13.75 lt in August

India’s import of edible oils increased to 15.93 lakh tonnes (lt) in September of the oil year 2021-22 (November to October) as against 13.75 lt in August this year, recording a growth of 15.89 per cent.

This has been powered by a 17.78 per cent growth in the import of palm oils (including refined palm oil and crude palm oil), an 18.11 per cent growth in the import of sunflower oil, and 7 per cent growth in soyabean oil during the period.

Balrampur Chini Mills chalks out plans to raise sugar, ethanol revenues

To expand distillery operations to enhance share of ethanol in overall revenue mix

Balrampur Chini Mills is looking to revive its cane throughput to enhance sugar, ethanol and cogeneration revenues, and expand its distillery operations to enhance the share of ethanol in the overall revenue mix. A shift in the cane variety mix is also on the cards.

According to Vivek Saraogi, Chairman and Managing Director, Balrampur Chini, the company’s crushed cane volume increased marginally during the October 2021-September 2022 sugar season, but recovery declined by 37 basis points on account of a decline in crop, and a substantial increase in precipitation across two mills. Cane disease in two other mills, on the other hand, impacted recovery. However, the under-performance in cane crushing was made up by the distillery division. The company reported less than a one per cent growth in revenues and close to a 10 per cent rise in net profit.
Roots Foundation launches awareness campaign on proper application of agrochemicals
The six-month project is launched in association with PI Foundation, the CSR wing of PI Industries, a corporate in the agrochemicals space
Roots Foundation, a non-profit organization, has launched Project Sahyog — an initiative that focuses on advocacy and awareness among farmers on the benefits of proper application of agrochemicals.

According to a statement, the project also includes making available efficient spraying equipment to farmers (boom sprayers), training them in the appropriate use of such equipment, and entrepreneurship development.

It said that this extensive six-month project is launched in association with PI Foundation, the CSR wing of PI Industries, a corporate in the agrochemicals space. It has 100 direct beneficiaries in Punjab and Haryana, to whom new boom sprayers have been distributed free of cost.

Additionally, more than 5,000 farmers and applicators in selected districts of Punjab and Haryana will be indirect beneficiaries who will be made aware of the benefits of this equipment, it said.

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