25-November-2022: Agriculture Ministry, PM Kisan, Paddy Procurement, High-Yielding Wheat Varieties, Fresh From Farm

25 November 2022

• Agriculture Ministry Set to Make Pro-Farmer Changes Concerning Climate Crisis, Tech Advancements

  Union Ministry of Agriculture and Farmers Welfare said on Thursday that it is open to take pro-farmer changes in Pradhan Mantri Fasal Bima Yojana (PMFBY) in response to the recent climate crisis and rapid technological advances According to Manoj Ahuja, secretary of agriculture and farmers welfare, as farming is directly exposed to various climatic calamities, it is crucial to safeguard the nation's vulnerable farming population from the whims of nature. To ensure that Indian farmers have enough insurance protection, we must place much more emphasis on crop insurance as well as other types of rural/agricultural insurance products. As a result, the demand for crop insurance is projected to rise.

• PM Kisan: 12th Installment Not Paid to Farmers Who Haven’t Updated eKYC

  Many farmers registered under PM Kisan Samman Nidhi Yojana are currently racing against the November 30 deadline to complete the eKYC details to take benefit of the scheme. It is important to mention that the Union government made it mandatory to update eKYC details by linking the Aadhaar number. As per latest media reports, several farmers in Tamil Nadu’s Thanjavur district who had received the 11th installment of Rs 2,000 were not given the last or 12th installment of PM Kisan. A farmer from Pallathur told media that as many as 40 people from his village, including him, did not receive the 12th installment.

• Chhattisgarh: Paddy Procurement Surpasses 12 Million Tonne Mark

  On Wednesday, the Chhattisgarh paddy production reached 12 lakh tonnes. In the current market year, the state government has so far purchased roughly 13.34 lakh tonnes of paddy. A payment of Rs 2,803 crore has been distributed among 3.85 lakh farmers in the lieu of paddy purchase. Along with the acquisition of the crop, work to elevate the paddy for custom milling is under process. Approximately 5.73 lakh metric tonnes of paddy have been taken from the societies for custom milling, and it is anticipated that 110 lakh metric tonnes of paddy would be purchased this year, according to an official announcement.

• High-Yielding Wheat Varieties Developed By IIWBR

  India's primary grain crop is wheat. The majority of Indian wheat is a soft/medium hard, medium protein, white bread wheat, slightly resembling hard white wheat from the United States. Hard, high-protein, and high-gluten wheat is mainly cultivated in central and western India. Approximately 1.0–1.2 million tons of durum wheat are also produced in India, primarily in the state of Madhya Pradesh. Due to issues with segregation in the market yards, the majority of Indian durum is not marketed individually. However, the private trade pays more for particular volumes, primarily to handle more expensive/branded items.

• Fresh From Farm Raises Over Rs 3.2 Crore in Seed Funding Round

  Food-Agri Business start-up Fresh From Farm has raised over 3.2 Cr in Seed Round led by Inflection Point Ventures. Fresh From Farm is a demand-and data-based aggregation ecosystem that recognizes retailer demand trends and buys the precise amount from farmers. Growing and acquiring fresh produce, Fresh From Farm distributes it through an omnichannel online and physical presence while establishing a clear brand strategy. The funds raised will assist the company in team building, inventory management, capital expenditure, Research & Development and branding.