Agriculture
SUGAR INDUSTRY OF INDIA
CONTEXT As surging global prices and a weak rupee have made overseas sales of sugar lucrative, Indian sugar mills have signed contracts to export 550,000 tonnes of the sweetener in recent days. Increased Sugar exports from India Higher exports from the world's second-biggest sugar producer could check the rally in global prices , which ... .Read more
Updated on 11 March, 2022 GS3 Agriculture
IMPORT DEPENDENCE ON EDIBLE OILS
CONTEXT The industry body SEA (Solvent Extractors’ Association) has said that it is weighing options to source cooking oils from other countries to maintain domestic supply and keep retail prices under check with imports of sunflower oil getting affected due to the conflict between Ukraine and Russia. Facts India’s total imports of ed... .Read more
Updated on 5 March, 2022 GS3 Agriculture
AGRO ENTREPRENEURSHIP
CONTEXT The Tamil Nadu government has undertaken a rural transformation project in partnership with the World Bank to promote rural enterprises in the farm, off-farm and non-farm sectors.The World Bank would provide 70% of the funding, while the rest would be borne by the State. Agro Entrepreneurship Creation of sustainable livelihood and e... .Read more
Updated on 4 March, 2022 GS3 Agriculture
VOCAL FOR LOCAL IN FARMING SECTOR
CONTEXT The Prime Minister has asked officials to roll out the budget proposals and reduce the dependence of the country on import of agricultural goods.There is a need to follow the dictum “vocal for local” about food also. INDIAN AGRICULTURE SECTOR Agriculture and allied activities have remained important segments of the Indian econ... .Read more
Updated on 25 February, 2022 GS3 Agriculture
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AGRICULTURAL INSURANCE
CONTEXT Maharashtra may follow several other big states and opt out Pradhan Mantri Fasal Bima Yojana (PMFBY).India’s second-most populous state may replace the central scheme with its own, a step already adopted by states like West Bengal. PRADHAN MANTRI FASAL BIMA YOJANA (PMFBY) About the Scheme The scheme insures farmers against ... .Read more
Updated on 22 February, 2022 GS3 Agriculture
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STARTUP ECOSYSTEM IN RURAL INDIA
CONTEXT As India aims a big boost to its already bustling startup ecosystem, the central government is willing to be your business partner if you launch a startup focused on digital solutions for agriculture, climate change, rural development, education and even health care delivery. GROWING AGRICULTURE STARTUPS The government has decided to be a... .Read more
Updated on 22 February, 2022 GS3 Agriculture
