Hi, NewsWrap for June 12, 2023

12-June-2023: Sagar Parikrama Yatra Phase VII Concludes, Cyclone 'Biparjoy', India to Cap Sugar Exports, ADB Approves USD 130 Mn to Boost Horticulture

12 June 2023

  • Sagar Parikrama Yatra Phase VII Concludes in Trivandrum, Completing Expedition Along Kerala's Coastal Regions

    'Sagar Parikrama' is a transformative voyage planned in the water across the coastal belt to show solidarity with fisher folk, fish growers, and other stakeholders, honouring our great independence fighters, sailors, and fishers. It is a Government of India initiative aimed at resolving fishers' and other stakeholders' issues and facilitating their economic and overall upliftment through various fisheries schemes and programmes implemented by the Government of India, such as the Pradhan Mantri Matsya Sampada Yojana (PMMSY), FIDF, and KCC.

  • PM Chairs High-Level Meeting to Assess Readiness for Cyclone 'Biparjoy'

    In a bid to ensure the safety and well-being of the people in the face of the approaching Cyclone 'Biparjoy,' Prime Minister Shri Narendra Modi presided over a high-level meeting today. The meeting aimed to review the readiness of various ministries and agencies at both the central and Gujarat state levels.

  • Only 8.87% of Rayalaseema's Arable Land Receives Irrigation Water, Raising Concerns

    A recent study conducted by the Rayalaseema Saaguneeti Samithi has shed light on the glaring disparity in water availability for agricultural purposes in different regions of Andhra Pradesh. The study compared the irrigation facilities and water distribution across five regions of the state and revealed a clear case of neglect in the Rayalaseema Region. According to data obtained from the State Irrigation Department over the past decade, the average water availability in arable land across Andhra Pradesh stands at 30.27% of the total 215 lakh acres. However, in the Rayalaseema Region, this figure drops significantly to just 8.87%. This stark difference highlights the lack of investment and development in irrigation projects in the region by successive governments.

  • India to Cap Sugar Exports until H1 2024 Amidst El Nino Concerns, Reveals Govt Sources

    Government sources in India revealed that the country is not currently considering allowing sugar exports until at least the first half of the next season. The decision stems from concerns over the potential impact of the El Nino weather pattern, which could lead to reduced rainfall and hinder sugar production. India, the world's second-largest sugar exporter, typically determines the amount of sugar that mills can export before the start of the new marketing year on October 1.

  • ADB Approves USD 130 Mn Funding to Boost Horticulture Agribusinesses in Himachal

    On June 8, 2023, the Government of India and the Asian Development Bank (ADB) officially signed a loan agreement worth USD 130 million. The loan aims to enhance agricultural productivity, improve access to irrigation, and promote horticulture agribusinesses in the state of Himachal Pradesh. The Ministry of Finance, Government of India, announced the signing of the agreement.

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12 June 2023

That's it for for 12 June 2023
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