Hi, NewsWrap for February 02, 2022

IMD Predicts Heavy Rainfall, Dhani Launches Zero Brokerage Trading Platform, Use of Drones To Boost Agri GDP By 1 – 1.5%, Budget To Help Boost Milk & Shrimp Production,

2 February 2022

  • Weather Forecast: IMD Predicts Heavy Rainfall In These States Till 4th February

    The India Meteorological Department (IMD) forecasted moderate to heavy rain in various states for the next two days on Wednesday. On Thursday, severe rain and snowfall are expected in Himachal Pradesh and Uttarakhand. On Thursday, moderate rainfall is forecast in Punjab, Haryana, Chandigarh, and northwest Uttar Pradesh, while showers are expected in Bihar, Jharkhand, West Bengal, Sikkim, west Assam, Meghalaya, and Arunachal Pradesh on Friday. The weather agency said in its most recent daily forecast that light to moderate rainfall and snowfall are highly likely over the western Himalayan region from February 2 to 4.

  • Budget To Help Boost Milk & Shrimp Production, Says Livestock Industry

    "Reduced tariffs on certain shrimp aquaculture inputs to promote exports is a positive step that will assist to foster an entrepreneurial spirit and create jobs. Shrimp hatchery and feed production costs will be reduced, promoting sector expansion. The fisheries and aquaculture industries have enormous potential for providing employment and income "According to Amit Saraogi, chairman of the CII Eastern Regional Council's Livestock Taskforce. "The Government of India has increased its allocation under the Livestock Health and Disease Control program from Rs 8.86 billion in RE 2021-22 to Rs 20.00 billion in BE 2022-23, reiterating the government's commitment to supporting livestock improvement."

  • Sowing Seeds of Chemical – Free Farming: Union Budget 2022

    According to analysts, the Budget aims to put agriculture on a more sustainable economic path by focusing on digital infrastructure and incentivizing investments through public-private partnerships. "The policies address crucial issues such as generating livelihoods, increasing agricultural incomes, and increasing climate resilience. The substantial increase in government spending will have a multiplier effect on GDP and competitiveness. The Agri sector will be transformed by multi-dimensional interventions to usher in Next Generation Agriculture through digitalization, R&D, and harnessing the strengths of Agri-techs and FPOs "Chairman of the ITC, Sanjiv Puri, stated.

  • Dhani Launches Zero Brokerage Trading Platform

    Dhani Stocks Ltd., formerly known as India bulls Securities Ltd., announced the debut of its trading platform Dhani Stocks on Wednesday, which will offer brokerage of 0.01 per order across equity, futures and options (F&O), intraday and deliverable. The trading platform may be found in the Dhani mobile app. Users can log in with a single click on the app, and the software has been created with the principle of 'less is more,' with only the most useful capabilities, reducing clutter and simplifying the trading experience, according to the business.

  • Expert: Use of Drones To Boost Agri GDP By 1 – 1.5%

    Experts estimate that the use of drones might boost agriculture's GDP by 1-1.5 percent. The market for drones alone is projected to be worth between Rs 20 and Rs 30,000 crore. Even if only 10-15% of this is used in agriculture, it will have a significant impact, according to Arun Nagarajan, Director of Tech Consulting.

On the news

2 February 2022

That's it for for 2 February 2022
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