Agriculture Current Affair 3 January 2021

Record wheat sowing in Madhya Pradesh takes total rabi area to 621 lakh hectares

Buoyed by the substantial uptick in wheat procurement which helped it surpass Punjab as No. 1 in the previous rabi marketing season, Madhya Pradesh planted over an additional 10 lakh hectares (lha) of wheat this season, helping the country to have a record wheat sowing of over 325 lha, which is nearly 11 lha higher than that in the same week last year.

According to data released by the Agriculture Ministry, the total area covered in the current rabi season is nearly 621 lha, nearly 18 lha more than 603 lha covered in the same week in 2019-20.

Govt procures paddy worth ₹92,121 crore so far under MSP

Paddy procurement has increased 25 per cent so far in the ongoing kharif marketing season to 487.92 lakh tonnes (lt), valued at ₹92,121 crore, an official statement said.

The kharif marketing season (KMS) starts from October.

The Food Corporation of India (FCI) and state agencies have purchased 487.92 lt of paddy till December 31 as against 390.56 lt in the corresponding period of the previous year.

“About 62.28 lakh farmers have already been benefited from the ongoing KMS procurement operations with MSP value of ₹92,120.85 crore,” the statement added.

Kerala seafood exporters see 40% dip in revenue this year

Faced with a host of problems, Kerala seafood exporters fear a 30-40 per cent plunge in revenue this fiscal against ₹5,000 crore achieved in 2019-20.

Apart from weak demand, particularly in the European Union, due to a mutant strain of coronavirus, payment delays and declining shipments to China, the second largest market after the US, have added to their woes. This came on top of Christmas and New Year sales washout caused by inadequate refrigerated containers, inordinate delays in Colombo Port and missing schedules.

Centre plans ₹4,573-crore scheme for enhancing ethanol capacity in the country

In a move that may help the country solve many problems, the Cabinet Committee on Economic Affairs (CCEA) decided to extend an additional financial assistance of ₹4,573 crore for setting up distilleries to produce more ethanol in the country.

As per the decision, the government would bear interest subvention for five years including one year moratorium against the loan availed by firms for setting up the distilleries — based on sugarcane or foodgrains — from banks at a rate of 6 per cent per annum or 50 per cent of the rate of interest charged by banks whichever is lower, said Dharmendra Pradhan, Minister for Petroleum and Natural Gas at a briefing on Wednesday.

IIHR commercialises probiotic fruit beverage technology

ICAR-Indian Institute of Horticulture Research, Bengaluru has commercialised its technology to manufacture probiotic pineapple beverage to a Mysuru based start-up Makers of Mysuru Pvt Ltd.

MR Dinesh, Director, IIHR said the technology to manufacture probiotic pineapple beverage is the first such technology to be commercialised by the institute.

Fertiliser companies may have to wait to get money from additional subsidy provision

Fertiliser companies may have to wait for some time to get money from additional subsidy of ₹65,000 crore, as the Budget allocation for the current fiscal has almost been exhausted.

 

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