Agriculture

Nabard award to Repco Micro Finance Ltd

Repco Micro Finance Ltd, a non-banking finance company received Nabard 2018 award. The award is given service to self-help group in Tamil Nadu for the fiscal year 2017-18. The NBFC has disbursed loans amounting to ` 2,500 crore to over 10 lakh beneficiaries. NABARD Financial Services Limited is a subsidiary of NABARD to provide financial services in areas of agriculture & microfinance.

Pakistan launches 2 satellites from China

Pakistan has launched 2 indigenously built satellites into the orbit from Jiuquan Satellite Launch Center in China. One of the satellites launched is PRSS-1, a remote sensing satellite that will enable Pakistan to meet its imagery requirements in areas of land mapping & agriculture classification among others. It is the 2nd time both China & Pakistan have collaborated in the space sector.

ADB approves USD 503 mln lining project

The Asian Development Bank (ADB) has approved USD 503-million lining project of the Son canal in Shahabad-Bhojpur region of Bihar. This project will bring immense benefits to the agriculture sector of Shahabad Bhojpur region of Bihar. The estimated cost of this project is USD 503 million out of which USD 352 million is being provided by ADB.

Agriculture JWG between Gujarat and Israel

Gujarat CM Vijay Rupani and Israel’s Agriculture and Rural Development Minister Uri Ariel and announced a joint working group in the fields of agriculture and allied sectors. The initiative is taken as a step to double the farmers’ income by 2022. This Agriculture Plan would also explore opportunities for using the hi-tech protective cultivation and precision farming methods of Israel.

Govt to link 22,000 rural markets to e-NAM

Centre has announced that 22,000 rural markets would be linked to Electronic National Agriculture Market (e-NAM) by 2020 as part of its drive to double the income of farmers. These rural markets will be upgraded to Gramin Agricultural Markets & linked with e-NAM to enable farmers to sell directly to potential buyers. e-NAM is an electronic unified national market for agricultural commodities

V. Naidu at Ntl. Consultation on Agriculture

Vice President of India, Shri M. Venkaiah Naidu addressed National Consultation on Agriculture at Vaikunth Mehta National Cooperative Institute of Management. He emphasised on a multi-pronged strategy & creating a policy framework with intensification of Farming. The focus was on marketing and agri Logistics, agri trade policy, transfer of technology and agricultural insurance and credit.

Japan to allow more foreign workers

Japan adopted an economic plan that would allow more foreign workers as the rapidly aging country seeks to make up for its declining workforce. Japan would relax visa requirements in sectors facing severe labour shortages such as nursing care, agriculture, construction and transport. The workers would be allowed to stay in the country for only up to 5 years as visitors, not as immigrants.

India gives Rs 99 mn to Nepal

India extended a financial aid of Rs 99 mn to Nepal for the construction of 2,700 shallow tube well irrigation systems in 12 districts of the country. The assistance has been extended as part of the final payment for the Nepal-Bharat Maitri Irrigation Project, which was launched to boost growth to the Himalayan nation’s agricultural sector. Manjeev Singh Puri is India’s Ambassador to Nepal.

Maharashtra most vulnerable state

Maharashtra has been ranked the most vulnerable state in the draft National Disaster Risk Index, followed by West Bengal & Uttar Pradesh. States like Uttarakhand and Himachal Pradesh that are prone to natural calamities have been ranked relatively lower. Few factors taken into consideration were exposure of population, agriculture and livestock, environmental risk & economic vulnerabilities.

KKA being implemented in 25 villages

The Ministry of Agriculture and farmers’ welfare has launched the Krishi Kalyan Abhiyaan (KKA) from 1st June 2018 till 31st July 2018. The Abhiyan will aid, assist and advice farmers on how to improve their farming techniques and raise their incomes. The Krishi Kalyan Abhiyaan will be undertaken in 25 Villages with more than 1000 population each in Aspirational Districts.