Hi, NewsWrap for July 09, 2023

09-July-2023: GHG Emissions from Agriculture Projected to Surge by 7.5%, CCIC & ONDC, Cereal Production, Biotech Startups

9 July 2023

  • CCIC and ONDC Jointly Launches ‘Mega Sale’ Promotional Campaign from 8th-23rd July 2023

    Central Cottage Industries Corporation of India Ltd. (CCIC), a Public Sector Undertaking under the Ministry of Textiles, has joined hands with the Open Network for Digital Commerce (ONDC) for a collaborative initiative. To mark this occasion and promote their partnership, CCIC organized a grand event at its showroom located in Jawahar Vyapar Bhawan, Janpath, New Delhi. The event was graced by the presence of Rachna Shah, Secretary of the Ministry of Textiles, who inaugurated the "Mega Sale" campaign and also launched CCIC on the ONDC digital platform. Ajay Gupta, Joint Secretary of the Ministry of Textiles and MD of CCIC, T. Koshy, MD & CEO of ONDC, and several other senior officials were also present at the event.

  • Cereal Production Poised to Shatter Records in 2023/24, Predicts FAO

    The improved forecast primarily stems from a positive outlook for global wheat production, which is now estimated at 783.3 million tonnes. Several countries, including Canada, Kazakhstan, and Turkiye, are expected to contribute to this boost in production. However, it is worth noting that global wheat production is still anticipated to be 2.3 percent lower than the previous season's output. The forecast also reveals a growth of 2.9 percent in global coarse grain output, expected to reach 1,512 million tonnes in 2023/24 compared to 2022. Additionally, world rice production is predicted to rise by 1.2 percent, reaching 523.7 million tonnes, surpassing the reduced level of the previous year. The upcoming season is expected to witness a 0.9 percent expansion in world cereal utilization, reaching 2,805 million tonnes. This increase is primarily driven by the anticipated higher consumption of coarse grains, especially maize, for animal feed.

  • Manipur Govt Assures Security to Farmers Engaged in Agricultural Work: IGP

    In an effort to ensure the safety and well-being of farmers in Manipur, the state government has announced that it will provide security to those engaged in agricultural work. The decision comes as a response to the ongoing ethnic strife that has posed significant challenges to farmers and their livelihoods. Inspector General of Police, I K Muivah, addressed the media during a press conference held at the Police Headquarters in Imphal. He emphasized the importance of security for farmers, especially during the planting period of the agriculture season, which is relatively short.

  • GHG Emissions from Agriculture Projected to Surge by 7.5% in Next Decade: FAO & OECD Report

    In a recent joint report by the Food and Agriculture Organization of the United Nations (FAO) and the Organisation for Economic Co-operation and Development (OECD), it has been revealed that greenhouse gas emissions from agriculture are anticipated to increase by 7.5% over the next ten years. This growth rate falls just shy of half the projected output growth, indicating a significant reduction in the carbon intensity of agricultural production. The report highlights that the livestock sector is expected to account for a staggering 86% of the overall increase in emissions. This emphasizes the urgent need for sustainable practices and innovative solutions in livestock management to mitigate the environmental impact of this sector.

  • Biotech Startups: Dr. Jitendra Singh Emphasizes their Critical Role in India's Future Economy

    Union Minister of State for Science and Technology, Dr Jitendra Singh, emphasized the significance of biotech startups for India's future economy. Speaking at a discussion meeting for fostering the Biomanufacturing Initiative of the Department of Biotechnology (DBT) in New Delhi, Dr Singh highlighted the substantial growth of biotech startups in recent years. According to Dr Singh, the number of biotech startups in India has risen from around 50 eight to nine years ago to approximately 6,000 today. Despite this remarkable growth, he believes that more startups are needed to fully tap into the potential of the biotech sector.

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9 July 2023

That's it for for 9 July 2023
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