The number of States that implement the Centre’s flagship crop insurance scheme PMFBY may jump to 22 as Jharkhand and Telangana are likely to start enrolment for the ensuing kharif season. While discussions with Bihar is at an advanced stage for its return, Gujarat is yet to make up its mind. Also read:Farmers’ enrolment in … Read more
According to the latest crop estimates released by the Ministry of Agriculture and Farmers’ Welfare, West Bengal, which used to be the top rice-producing State, has slipped to fourth place in the 2023-24 crop year (July-June). However, even if the inclusion of output from the zaid (summer) crop in subsequent estimates may improve its position, … Read more
The Cabinet Committee on Economic Affairs on Thursday approved ₹285/quintal hike in the minimum support price (MSP) for raw jute to ₹5,335/quintal for the 2024-25 season as against ₹5,050/quintal for the 2023-24. New MSP Announcing the decision after the Cabinet approval, textile minister Piyush Goyal said that the new MSP of raw jute (TDN-3 equivalent … Read more
Over 100 rice mills owners in West Bengal have individually approached the state electricity ombudsman to address the problem of “disparities” in power tariffs for the mills across the state after appeals to the West Bengal Electricity Regulatory Commission have so far yielded no results. According to the Bengal Rice Mills Association, the prevailing “differential … Read more
Uttar Pradesh’s loss has largely been West Bengal’s gain in terms of selling potatoes to other states this year. Bengal is currently witnessing higher consumption of its potatoes by other States such as Odisha, Assam and Andhra Pradesh as prices of the tuber from Uttar Pradesh are ruling higher. Also read: Yara India, UP govt … Read more
The National Bank for Agriculture and Rural Development (Nabard) on Saturday projected a robust double-digit growth in priority sector lending potential of ₹3.15 lakh crore in West Bengal for 2024-25. Also read:Nabard pegs priority sector credit potential for Telangana at ₹2.80 lakh crore NABARD’s Chief General Manager Usha Ramesh unveiled the West Bengal state focus … Read more