Agriculture Current Affair 16 December 2022

Budget may provide funds to encourage agri startups

The Indian government is likely to allocate funds to provide low interest loans and tax incentives to encourage startups in the agricultural sector in the upcoming budget. It will support startups in the field of artificial intelligence (AI), machine learning (ML), remote sensing, big data, block chain, internet of things (IoT), Geographic Information System (GIS) technology, and the usage of drones and robots to transform the agricultural sector.

“These agritech startups can build a more resilient agricultural ecosystem, support farmers with small holdings and impart knowledge about best practices. Therefore, they need to be encouraged,” said a senior government official without wanting to be identified.

The government will also focus on creating policies to provide attractive incentives to build facilities, such as micro cold storage to address supply chain issues like lack of proper storage infrastructure, inadequate logistics, high levels of wastage, said the official quoted above.

Wheat sowing up 3 pc so far this rabi season at 286.5 lakh hectare; oilseeds area up 8 pc

 

Wheat acreage has increased 3 per cent so far in the ongoing rabi season at 286.5 lakh hectare mainly on higher sowing area in Madhya Pradesh and Uttar Pradesh, the government data showed. The area under coverage for wheat, which is the major crop in rabi (winter-sown) season, stood at 278.25 lakh hectare in the same period last year.

Sowing of rabi crops starts from October.

Higher area under wheat has been reported mainly from Madhya Pradesh, Uttar Pradesh, Rajasthan, Chhattisgarh, Gujarat, West Bengal, Jharkhand and Karnataka. Acreage is down so far in Maharashtra and Haryana.

Tandur red gram gets GI tag

Mostly grown in Vikarabad, Narayanpet, Sangareddy, and Adilabad districts, Tandur red gram is known for its aroma and taste

Tandur red gram, a pigeon pea variety grown in about 3.74 lakh hectares of Telangana, has received a Geographical Indication (GI) tag.

Yalal Farmers Producer Company of Viswanathpur in Vikarabad Mandal has applied for GI recognition for this famed red gram variety, a rich source for protein.

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