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Contract Farming in India: A Boon or a Bargaining Chip?
27-May-2024 - 0 Comments.
Across the fertile plains and valleys of India, a new agricultural model is taking root - contract farming. This system, where farmers enter into agreements with companies to produce specific crops under pre-determined conditions, promises a future of stability and prosperity.
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Top AgriTech Companies Shaping India's Agricultural Future
21-Apr-2024 - 0 Comments.
India's agricultural sector, a cornerstone of the nation's economy, is undergoing a digital transformation. AgriTech companies are at the forefront of this revolution, leveraging technology to address longstanding challenges and empower farmers.
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UPL recognised as ‘Well-Known Trademark’ by the Indian Trademark Registry
17-Apr-2024 - 0 Comments.
UPL Ltd., a global provider of sustainable agricultural solutions, has been recognized as a 'Well-Known Trademark' by the Indian Trademark Registry. This prestigious acknowledgment reinforces UPL’s position as one of India's leading agrochemical companies in the market, thereby fostering trust and credibility among customers.
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Pradhan Mantri Fasal Bima Yojana sees 27% surge in enrollment so far in 2023-24 season
10-Mar-2024 - 0 Comments.
India's Pradhan Mantri Fasal Bima Yojana (PMFBY) crop insurance scheme is witnessing a significant rise in participation, with a 27% increase in farmer enrollment reported so far for the 2023-24 season. This follows impressive year-on-year growth of 33.4% and 41% in 2021-22 and 2022-23, respectively.
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Matix Fertilisers and Chemicals bags prestigious FAI Award
08-Dec-2023 - 0 Comments.
Matix Fertilisers and Chemicals Ltd, one of India's rapidly growing fertilizer companies, received the prestigious FAI Award at the Fertiliser Association of India's Seminar in New Delhi on December 6, 2023.
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UPL ranked industry leader in the Dow Jones Sustainability Index
05-Dec-2023 - 0 Comments.
UPL Ltd., a global provider of sustainable agricultural solutions, has achieved a score of 76 in the Dow Jones Sustainability Index (DJSI) powered by S&P Global Switzerland, outperforming the industry average of 24 and placing the company as the highest performing agrochemical company globally and in the top 1% of chemical companies worldwide.
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EGO and John Deere partner to bring battery-powered OPE products to masses
10-Jul-2023 - 0 Comments.
Chervon Holdings Limited (2285.HK) and John Deere announced today a strategic agreement to bring EGO branded battery products to John Deere dealers in the United States and Canada. The partnership will also see the two companies collaborate on developing new products in the future.
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Comprehensive insurance scheme for dairy farmers to be revived soon: Kerala minister
05-Jul-2023 - 0 Comments.
The comprehensive insurance scheme for dairy farmers, Ksheera Santhwanam, will be revived soon with the state government giving approval for it, Kerala minister for Animal Husbandry and Dairy Development Smt J Chinchurani said recently.
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mooMark becomes first private dairy to offer heat index insurance plan to farmers
04-Jun-2023 - 0 Comments.
mooMark, a leading private dairy in India, has made a significant breakthrough in the agricultural insurance sector by becoming the first company to offer a Heat Index Insurance Plan to dairy farmers.
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Milma launches insurance scheme to offset fall in milk yield in summer
18-Apr-2023 - 0 Comments.
Kerala Co-operative Milk Marketing Federation (KCMMF), known by the brand Milma, has launched a comprehensive insurance scheme that guarantees financial compensation for dairy farmers to offset the loss of income due to fall in milk yield during the summer.
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Comprehensive insurance plan for cattle on cards, says Kerala Minister
25-Mar-2023 - 0 Comments.
Implementation of a comprehensive cattle insurance scheme is under active consideration of the state government to offset the cost suffered by dairy farmers due to the incidence of various bovine diseases, Minister for Animal Husbandry and Dairy Development Mrs J Chinchurani said.
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Bayer partners with WayCool to deliver optimal solutions to smallholder farmers
27-Feb-2023 - 0 Comments.
Bayer, a global enterprise with core competencies in the life science fields of agriculture and healthcare, has entered a Memorandum of Understanding with WayCool, one of India's largest Food and Agritech companies, as a strategic partner to deliver end-to-end holistic solutions to smallholder farmers in India.
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Parametric Crop Insurance
06-Dec-2022 - 0 Comments.
The term ‘parametric crop insurance’ has been gaining popularity in the Indian farming scene over the last couple of years. Also known as ‘event-based insurance’ or ‘index-based insurance’, parametric crop insurance provides coverage against the occurrence of a specific event, mostly natural disasters.
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Coromandel reiterates its investment in agritech companies
05-Dec-2022 - 0 Comments.
Coromandel International Limited (BSE:506395, NSE: COROMANDEL), India’s leading agri solutions company offering diverse products and services across the farming value chain and part of Murugappa Group continues its focus on technology adoption in agriculture and has been conducting drone trials in various locations.
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Absolute along with DigiSafe launches Digifasal, first-of-its-kind insurance for farmers
28-Nov-2022 - 0 Comments.
Absolute, a plant bioscience company in collaboration with DigiSafe has launched India’s first-of-its-kind Do-It-Yourself insurance marketplace – Digifasal.
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Agriculture ministry signs MoU with UNDP for strategic partnership on Agriculture, Crop Insurance and Credit
02-Jun-2022 - 0 Comments.
The Ministry of Agriculture & Farmers Welfare (MoA&FW), Government of India and the United Nations Development Programme (UNDP) have signed a Memorandum of Understanding (MoU) wherein UNDP will provide technical support towards Centre’s aspirational Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme & Kisan Credit Card – Modified Interest Subvention Scheme.
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Tomar to hold discussion with agritech companies during visit to Israel from May 8-11
07-May-2022 - 0 Comments.
A delegation under the leadership of Union Agriculture & Farmers Welfare, Government of India Narendra Singh Tomar is going to visit Israel from May 8-11, 2022 on the invitation from Oded Forer, Minister of Agriculture of Israel for bilateral meetings to discuss various issues related to agriculture between two countries.
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Himachal Pradesh process 1.3 cr appliction under PMFBY during 2020-21
21-Apr-2022 - 0 Comments.
As reported by the implementing insurance company in the State of Himachal Pradesh i.e. Agriculture Insurance Company of India Ltd. over 1.3 crore application has been processed under the Pradhan Mantri Fasal Bima Yojana (PMFBY During 2020-21, the insurance company also paid claims worth INR 15.72 crore for wheat crop in the State for Rabi.
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Mankind Pharma forays into the agritech industry with Mankind Agritech
06-Apr-2022 - 0 Comments.
Mankind Pharma, one of the leading Pharmaceutical Companies in India, has announced the launch of Mankind Agritech Pvt Ltd.
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MP government takes crop insurance policies to farmers doorsteps
27-Feb-2022 - 0 Comments.
The Madhya Pradesh chief minister Shivraj Singh Chouhan launched 'Meri Policy, Mere Haath' campaign under the Pradhan Mantri Fasal Bima Yojana (PMFBY) in a village Budhi Barlai of Tehsil Sanwer in Indore.
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IFC, Zimbabwe partner to develop smallholder farmers' agriculture insurance
21-Feb-2022 - 0 Comments.
The International Finance Corporation (IFC), a member of the World Bank Group and Zimbabwe's insurance regulator, the Insurance and Pensions Commission (IPEC), announced a partnership to create a market for agricultural insurance products in Zimbabwe to protect smallholder farmers from weather-related crop damage and other shocks.
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Madhya Pradesh disburse INR 7600 cr under crop insurance to 49 lakh farmers
12-Feb-2022 - 0 Comments.
The Department of Farmer Welfare and Agriculture Development, Government of Madhya Pradesh, organized a historic event to disburse the biggest corpus of funds for crop insurance amounting to more than INR 7,600 crore via direct benefit transfer in the accounts of more than 49 lakh farmers of Madhya Pradesh.
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Post Budget 2022-23: Reactions from industries
04-Feb-2022 - 0 Comments.
In order to bring various voices of companies about the 2022-23 budget to our readers, AgriTimes is clubbing out all the views and points raised by agriculture & allied sectors in this article.
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Cargill announces herd nutrition partnership with Russia's Don Agro
28-Jan-2022 - 0 Comments.
Don Agro International Limited and its subsidiaries based in the Rostov region of Russia has announced nutirtion cooperation with Cargill, one of the top agricultural companies in the world.
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CRISIL Data finds milk procurement by private dairy more in 8 milk producing states
18-Oct-2021 - 0 Comments.
Hatsun Agro Product Ltd had commissioned CRISIL, India’s largest Independent research house to conduct a market study regarding milk procurement by private dairy companies in India.
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Samunnati unveils insurance scheme for small farmers
03-Oct-2021 - 0 Comments.
Samunnati, a specialized agri value chain enabler has launched Annadata Suraksha Abhiyaan, a tailor-made insurance initiative to financially secure annadatas from day-to-day farming risks.
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Agri minister urges Fasal Bima Yojana expansion on crop insurance week
01-Jul-2021 - 0 Comments.
Union Minister of Agriculture and Farmers Welfare Narendra Singh Tomar today launched the Crop Insurance Awareness Campaign for Fasal Bima Yojana during the Crop Insurance Week as a part of the Government’s India@75 campaign ‘Azadi ka Amrit Mahotsav’, commemorating 75 years of India’s Independence.
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Top 5 Misconceptions About Satellite Imagery for Agriculture
01-Jul-2021 - 0 Comments.
From the early days of Landsat to present-day commercial providers, agriculture has been one of the largest adopters of satellite imagery. By partnering with leading agricultural companies over the years, we've gained a window into the day-to-day challenges, concerns, and opportunities that growers have across the globe.
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Dvara E-Dairy partners with IFFCO Tokio, launches AI powered cattle digital identity for cattle insurance
29-Jun-2021 - 0 Comments.
Dvara E-Dairy Solutions Pvt Ltd, a portfolio company of Dvara Holdings (Formerly Dvara Trusteeship) has announces the launch of "Surabhi e-Tag", an artificial intelligence (AI) powered digital tag to identify cattle based on muzzle identity.
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Hi-Tech soil-based vertical farming revolutionized by A S Agri and Aqua LLP
14-Jun-2021 - 0 Comments.
A S Agri and Aqua LLP one of the leading Agriculture Development and Agro-tech Solutions companies in India, is transforming and revolutionizing the Indian agricultural ecosystem with the introduction of Hi-tech Soil-Based Vertical Farming (SBVF) in India and overseas countries.
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WayCool Foods plans strategic investments of USD 20 mn
11-Jun-2021 - 0 Comments.
Agri-tech firm WayCool Foods and Products has an investment capex of USD 20 million to invest in companies with complementary capabilities, according to the IANS report.
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Agri ministry associates with four MNCs to promote digital technology
04-Jun-2021 - 0 Comments.
The Ministry of Agriculture has partnered with four private companies to promote digital systems for farmers and the use of technology in agriculture. It also includes Baba Ramdev’s Patanjali Biological Research, according to a media report.
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Suntory Beverage & Food, Hitachi create IoT platform for precision traceability and digital transformation of factory management
01-Jun-2021 - 0 Comments.
Suntory Beverage & Food Ltd in cooperation with Group companies, and Hitachi has announced that they have created IoT platform to realize precision traceability, and the digital transformation of factory management and work styles at the new operational pant.
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CropIn announces strategic partnership with Africa based BETA computers
29-May-2021 - 0 Comments.
CropIn announces a strategic partnership with the Nigerian-based IT solution provider, BETA Computers. Latter serve a variety of clients, from small to medium-sized companies to major multinational firms, and helps them achieve long-term, sustainable success for varied sectors of businesses.
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Gramcover launches parametric insurance to protect farmers against weather vagaries
06-Feb-2021 - 0 Comments.
Solving for the century-old problem, Insurtech startup, Gramcover has introduced ‘Parametric Insurance’ to provide protection for crops against weather vagaries in conjunction with crop insurance companies.
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BASF to acquire innovative melon breeding company ASL
06-Nov-2020 - 0 Comments.
BASF has formally agreed to acquire ASL, one of the most innovative melon breeding companies in the world, to continue expanding its position as a preferred partner in the fruit and vegetable value chain.
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Bharti AXA launches crop insurance campaign Maharashtra, Karnataka
28-Jul-2020 - 0 Comments.
In order to promote crop insurance among farmers, Bharti AXA General Insurance has launched its crop insurance campaign ‘Bohot Zaroori Hai’ for farmers in Maharashtra and Karnataka to encourage them about their yield protection and financial security.
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One Nation - One Scheme to benefit farmers, urged to enroll for Pradhan Mantri Fasal Bima Yojana, PHDCCI webinar
09-Jul-2020 - 0 Comments.
The Agri-Business Committee of PHD Chamber of Commerce and Industry has organized a webinar on Webinar on Crop and extreme weather Insurance in India Challenges and the Way Forward today.
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Ethanol blending with petrol in India: progress & status update
05-Jul-2020 - 0 Comments.
Ethanol supply contracts for 170 crore liters have been entered into between ethanol manufacturers/sugar mills and oil marketing companies (OMCs) for the current ethanol supply year (Dec-Nov) 2019-20, Indian Sugar Mills Association (ISMA) said in a statement.
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Govt companies record 111.61 lakh MT of fertilisers sale to farmers during April-June 2020
03-Jul-2020 - 0 Comments.
Amid National level covid -19 lockdown, government owned fertilizer companies has recorded a whopping 82.81 percent growth at 111.61 lakh metric tonnes during April-June 2020, as compared to 61.05 lakh metric tonnes recorded during same quarter last year.
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Arya Collateral Warehousing Services raises debt funding from responsAbility
01-Jul-2020 - 0 Comments.
Arya Collateral Warehousing Services, one of India’s leading post-harvest agricultural services companies has raised debt funding from responsAbility, one of the leading impact investment funds in return of non-convertible debentures (NCDs).
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Government giving 1.5 crore dairy farmers Kisan Credit Cards
02-Jun-2020 - 0 Comments.
The Government will provide Kisan Credit Card (KCC) to 1.5 crore dairy farmers belonging to Milk Unions and Milk producing Companies within the next two months (1 June-31 July 2020) under a special drive.
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Agriculture Insurance Company looking for Management Trainees
28-Apr-2020 - 0 Comments.
Agriculture Insurance Company of India Ltd., New Delhi is inviting application for Management Trainees, specializing in Remote Sensing and GIS with experience in working with software such as ArcGIS, ERDAS, SARSCAPE etc
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Indian sugar production declines; companies focus on supplying hand sanitizers
27-Apr-2020 - 0 Comments.
Indian sugar production in mills across the country have recorded a downfall of about 20% to 247.80 lac tons as on 15 April 2020, as compared to 311.75 lac tons sugar produced as on the same period last year.
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Govt sanctions INR 17,800 Cr loans, clears INR 2424 Cr under PMFBY insurance claim
16-Apr-2020 - 0 Comments.
Under the Kisan Credit Card (KCC) 18.26 lakh applications have been sanctioned for loans worth INR 17,800 cr and INR 2424 crores have been disbursed to the beneficiary farmers under the Pradhan Mantri Fasal Bima Yojana (PMFBY)
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Sikkim IFFCO Organics signs MoU with US, Croatian firms to promote Biodynamic farming
10-Nov-2019 - 0 Comments.
IFFCO’s organic arm Sikkim IFFCO Organics Ltd. today signed two MoUs with US and Croatian companies to promote Biodynamic Farming and Demeter Certification in Sikkim, the area of operation of Sikkim IFFCO. Blossoms Biodynamics from California, USA and CENTAR DR. RUDOLFA STEINERA.
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Escorts-Kubota JV to make tractors in Faridabad
13-Mar-2019 - 0 Comments.
Escorts and Kubota Corporation laid the foundation stone for Escorts Kubota India’s manufacturing plant on Escorts land in Faridabad. Marking the formal beginning of the project, the ceremony was attended by the management teams of both companies.
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Farmer Producer Companies exempted from tax: Budget 2018-19
01-Feb-2018 - 0 Comments.
Farmer Producer Companies and having annual turnover up to Rs.100 crores in respect of their profit derived from such activities for a period of five years from financial year 2018-19.
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IISS: MPEDA, Switzerland's COOP tie up to boost organic aqua farming in India
28-Jan-2018 - 0 Comments.
In a first-of-its-kind tie-up in India’s marine sector, COOP Cooperative, one of Switzerland's biggest retail and wholesale companies, is partnering the Government of India's Marine Products Export Development Authority (MPEDA) to develop export-oriented organic aqua farming in India to cater to the growing demand for organic seafood products across the EU.
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Arab Agricultural to Host Affiliate Companies Meet at AgraME 2018
19-Jan-2018 - 0 Comments.
A recent agreement has been signed with the Arab Authority for Agricultural Investment and Development (AAAID) to host their Affiliate Companies’ Meeting for the first time ever in Dubai
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Italian animal health firm eyes India for expansion
27-Oct-2017 - 0 Comments.
India's huge cattle population is now catching the eye of foreign animal health companies, one such firm is Italy based TecnoZoo, which is entering the Indian market.
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Over 36 MN farmers covered under PM crop insurance scheme
08-Dec-2016 - 0 Comments.
With the launch in kharif 2016 season, India's Pradhan Mantri Fasal Bima Yojana (PMFBY) has made good progress, as it has covered over 26.50 per cent or 36.66 million farmers.
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Alltech collaborate with Tumen Shuvuut to enrich eggs in Mongolia
02-Dec-2016 - 0 Comments.
Tumen Shuvuut, one of the two largest layer companies in Mongolia, will begin marketing selenium-enriched eggs made with Sel-Plex organic selenium to Mongolian consumers nationwide.
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India allocates $808 million for crop insurance scheme
19-Nov-2016 - 0 Comments.
India has made a budgetary allocations on $808 million (Rs 5501.15 crore) for implementation of Pradhan Mantri Fasal Bima Yojana (PMFBY) during 2016-17
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KEENAN shows stronger growth after joining Alltech family
03-Nov-2016 - 0 Comments.
KEENAN has witnessed continued growth and strength thanks to Alltech’s global footprint and family of companies.
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Maharashtra launches livestock insurance scheme fortnight
04-Aug-2016 - 0 Comments.
With launching livestock insurance scheme, Maharashtra has implemented National Livestock Scheme from August 1-15, 2016.
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Indian Agri ministry extend cut-off date for submission of insurance proposals till August 10
03-Aug-2016 - 0 Comments.
With request from many states seeking more time to study Pradhan Mantri Fasal Bima Yojana (PMFBY), Indian ministry of Agriculture and Farmers Welfare have extended the cut-off date for the scheme.
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Indian Agri ministry extend cut-off date for submission of insurance proposals till August 10
03-Aug-2016 - 0 Comments.
With request from many states seeking more time to study Pradhan Mantri Fasal Bima Yojana (PMFBY), Indian ministry of Agriculture and Farmers Welfare have extended the cut-off date for the scheme.
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Haryana launches cattle insurance scheme
31-Jul-2016 - 0 Comments.
Haryana state has recently launched cattle insurance scheme (Pashudhan Bima Yojana) in the state that will benefit cattle breeders across the state.