Hi, NewsWrap for August 04, 2022

04-August-2022: Amazon, Garuda Aerospace, Coromandel, Otipy, Sugarcane FRP Increase

4 August 2022

Himachal Govt. Recovers 1.7 Crores from Ineligible PM Kisan Beneficiaries

The Mandi administration in Himachal Pradesh is recovering the money which was transferred to ineligible beneficiaries under PM Kisan Samman Nidhi Yojana. So far 1.7 crores from ineligible farmers have been recovered while 1.76 crores are still pending.
Amazon To Opens ‘Farmer Collection Centre’

Amazon Retail India has recently announced the opening of a new "farmer collection centre" in Maharashtra. This Platform will provide an opportunity for the customers to buy fresh fruits and vegetables directly from farmers. This new Kunjirwadi centre will be the fifth centre in Maharashtra after Manchar, Nasik, Wai, and Ratnagiri.
Garuda Aerospace Receives First AIF Sanctioned Agri Drone Loan

Agri Infra Fund which has been supported by the central government for the first time has sanctioned an agri drone loan of Rs 9.37 lakhs for Chennai based aerospace firm Garuda Aerospace’s agri drone, garuda aerospace has already pre-booked around 2,500 drones and now it’s all setto tomanufacture one lakh kisan drones by 2024.
Bicycle Man of India Visits KJ Chaupal

Bicycle man of India Neeraj Prajapati who is on the mission to spread awareness about organic farming amongst farmers across the nation has so far completed 44,817 kms and aims to cover 1,11,111 kms soon. Prajapati visited Krishi Jagran’s office on Aug 3 to be part of the Independence Day celebration. While sharing his views, he said it would be nice if we could promote the newcomers in the farming sector as they are the ones who need real encouragement. I am happy to see that Krishi Jagran is doing all this for the last many years.” MC Dominic, the founder of Krishi Jagran & Agriculture World welcomed him and presented him with a souvenir, a green planter, from Krishi Jagran.
Centre Increases Sugarcane FRP by Rs 15/quintal to Rs 305 per quintal

Keeping in mind the interests of sugarcane farmers, Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has increased the minimum prices that mills have to pay to sugarcane farmers by Rs 15 to Rs 305/quintal for the 2022-23 marketing year starting October.
Coromandel Acquires 45% Stake in Senegal’s BMCC

Coromandel International, India's leading phosphatic fertilizer company, has completed the acquisition of a 45 percent equity stake in Senegal-based Baobab Mining and Chemicals Corporation (BMCC), the government announced on Wednesday.
Demand for Organic Food to Increase in India

The Chairman and Managing Director of Netsurf Communications Pvt Ltd Sujit Jain believe that the demand for Organic Food in India is likely to grow at a 20.5 percent compound annual growth rate in the upcoming years and the market size is expected to exceed 2.6 billion dollars by 2026.
Otipy Launches Services In Mumbai

India’s first community group buying platform for fresh produce, Otipy has entered the west market by launching its services in Mumbai. This app will provide Mumbai residents with a single platform to buy and get the farm fresh fruits and vegetables delivered to their doorsteps.
Arabinda Padhee Is the New Agriculture Secretary of Odisha

In this major reshuffle in Odisha, Dr. Arabinda Kumar Padhee, has been appointed as the new Principal Secretary of the Agriculture and Farmers’ Empowerment Department.