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Minister Chinchurani inaugurates National Milk Day celebrations
27-Nov-2025 - 0 Comments.
Minister for Animal Husbandry and Dairy Development Smt J Chinchurani today inaugurated the state-level celebrations of National Milk Day organised by Milma, recalling the services of the father of India’s White Revolution, the late Dr. Verghese Kurien who contributed immensely to the growth of the country’s dairy sector while ensuring financial security of the dairy farmers.
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AfDB approves $310 mn package to boost MSME, women-led agribusiness financing in South Africa
17-Nov-2025 - 0 Comments.
The African Development Bank Group (AfDB) has approved a $310 million financial package for FirstRand Bank, one of Africa’s largest financial institutions, to expand access to finance for micro, small and medium-sized enterprises (MSMEs) across South Africa, with a strong emphasis on women-led businesses and agribusinesses.
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Sberbank showcases business solutions at World Food India 2025
08-Oct-2025 - 0 Comments.
At World Food India 2025, Sberbank presented integrated financial and trade solutions to boost Russia-India cooperation in agriculture and business.
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Farmers happy with castor prices: Investors get good ROI
14-Jul-2025 - 0 Comments.
To be successful in business, a businessman should be as transparent as a child in financial transactions, as firm as a young man in decision-making and as experienced as an adult.
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BoB opens specialised agri services branch in Vijayawada
11-Jul-2025 - 0 Comments.
Bank of Baroda inaugurates CAMP branch in Vijayawada to support agri loans, processing units, and farmer-centric financial services.
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PNB to hold mega agri outreach on July 11 to empower farmers
10-Jul-2025 - 0 Comments.
Punjab National Bank to host a Mega Agriculture Outreach Programme on July 11, 2025, to boost rural credit and financial inclusion for farmers and SHGs.
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FAO, African Union chart path to implement digital agri strategy
21-Jun-2025 - 0 Comments.
FAO and African Union lead key session to implement the 2024–2030 Digital Agriculture Strategy, urging action, investment, and inclusion.
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Arya.ag appoints Priyanka Wadhera as Group CFO
05-Jun-2025 - 0 Comments.
Arya.ag appoints Priyanka Seth Wadhera as Group CFO to lead financial strategy, boost capital efficiency, and scale operations.
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Govt clears 1.5% interest aid on farm loans till FY26
29-May-2025 - 0 Comments.
In a major move to support India’s farming sector, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the continuation of the Modified Interest Subvention Scheme (MISS) for the financial year 2025–26.
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India’s FY25 trade hits $1.73 tn: Services shine, agriculture stumbles
28-May-2025 - 0 Comments.
India’s total trade for the financial year 2024–25 (FY25) surged to $1.73 trillion, with exports clocking $820.93 billion — a 6.5% year-on-year rise — and imports reaching $915.19 billion, up 6.85%. This widened the trade deficit to $94.26 billion, compared to $78.39 billion in FY24.
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Afreximbank wins mandate as sole financial advisor for South Africa's $1.7-billion Suiso Project
28-May-2025 - 0 Comments.
African Export-Import Bank’s (Afreximbank) (www.Afreximbank.com) Advisory and Capital Markets (ACMA) department has been appointed and mandated as the exclusive financial advisor to raise capital for the US$1.7-billion Suiso Project, a transformative coal-to-fertiliser facility to be developed in Kriel, Mpumalanga Province, in South Africa.
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Spices Board invites applications under SPICED Scheme for FY 2025–26 to boost exports, farmer empowerment
21-May-2025 - 0 Comments.
The Spices Board, under the Ministry of Commerce and Industry, Government of India, has announced financial assistance under its flagship scheme “Sustainability in Spice Sector through Progressive, Innovative and Collaborative Interventions for Export Development (SPICED)” for the financial year 2025–26.
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Paradeep Phosphates FY25 PAT jumps 452%; sales top 3 million tonnes
10-May-2025 - 0 Comments.
Paradeep Phosphates Ltd (BSE: 543530, NSE: PARADEEP), India’s second-largest private-sector phosphatic fertilizer company, announced stellar financial results for Q4 and FY25, showcasing significant gains in profitability, operational scale, and sustainability performance.
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Arya.ag posts INR 32 Cr PAT in FY25
08-May-2025 - 0 Comments.
Arya.ag, India's largest integrated grain commerce platform, has announced its financial results for FY 2024–25, posting a Profit After Tax (PAT) of INR 32 crore, marking a 70% increase from the previous fiscal.
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Agrinnovate India pays first-ever ₹1.42 Cr dividend
29-Apr-2025 - 0 Comments.
In a milestone development for India’s agricultural innovation ecosystem, Agrinnovate India Limited (AgIn) — the commercial arm of the Indian Council of Agricultural Research (ICAR) — has declared a dividend of INR 1.42 crore for the financial year 2023–24. This marks the first-ever dividend payout by AgIn since its establishment in 2011.
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Milma TRCMPU posts record INR 39.07 Cr profit in FY 2025
29-Apr-2025 - 0 Comments.
In a major boost to Kerala’s dairy sector, the Trivandrum Regional Co-operative Milk Producers’ Union (TRCMPU) of Milma has reported a record profit of INR 39.07 crore for the financial year 2024–25 — the highest in a decade.
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Guru Ramamurthy named CFO of Bayer Crop Science division
29-Apr-2025 - 0 Comments.
Bayer today announced the appointment of Guru Ramamurthy as the new Chief Financial Officer (CFO) of its Crop Science division, effective July 1, 2025. Ramamurthy, currently serving as CFO of Bayer US, will succeed Oliver Rittgen, who is departing the company after 25 years to pursue new opportunities.
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Rallis India records INR 125 Cr in PAT during FY25, revenue touches INR 2663 Cr
28-Apr-2025 - 0 Comments.
Rallis India Limited (A TATA Enterprise) a leading player in the Indian agri inputs industry announced its financial results for the fourth quarter and 12 months ended 31 March 2025
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Arya.ag becomes first NBFC in India to cross INR 2000 Cr in commodity finance lending
04-Apr-2025 - 0 Comments.
Arya.ag, India's largest and only profitable grain commerce platform, today announced that its Non-Banking Financial Company (NBFC) arm has crossed the landmark figure of INR 2000 crore in commodity finance, becoming the first in the country to achieve this scale in agri-based lending of this kind.
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Taming the Debt Trap: Solutions for Reducing Farmer Indebtedness
26-Oct-2024 - 0 Comments.
Farmer indebtedness is a pressing issue in India, impacting millions of agricultural households. Rising debt levels can lead to financial instability, stress, and even despair for farmers.
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Taming the Debt Trap: Solutions for Reducing Farmer Indebtedness
23-Sep-2024 - 0 Comments.
Farmer indebtedness is a pressing issue in India, impacting millions of agricultural households. Rising debt levels can lead to financial instability, stress, and even despair for farmers.
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PM-Kisan Samman Nidhi : Empowering Small and Marginal Farmers in India
15-Aug-2024 - 0 Comments.
Launched in 2019, the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme is a central government initiative aimed at providing financial assistance to eligible small and marginal farmers (SMFs) across India.
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Rallis India Q1 2025 down to INR 48 Cr, revenue at INR 783 Cr
19-Jul-2024 - 0 Comments.
Rallis India Limited (A TATA Enterprise) is a leading player in the Indian agri inputs industry announced its financial results for the quarter ended June 30, 2024.
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Haqdarshak, Mastercard Center collaborate to empower 500,000 small agri-entrepreneurs
02-Jul-2024 - 0 Comments.
Haqdarshak Empowerment Solutions Pvt Ltd (Haqdarshak) and the Mastercard Center for Inclusive Growth (CFIG) today announced their collaboration to improve the financial resilience of 1,000 Haqdarshak women agents, who will provide last-mile delivery of services that increase the financial security of 500,000 micro and small enterprises (MSEs) and agri-entrepreneurs.
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New Climate Change Impact Prediction Tool Analyzes Food Production and Financial Risks
13-Apr-2024 - 0 Comments.
A groundbreaking study by researchers at the University of California San Diego offers a new tool for predicting how climate change will impact food production and financial institutions.
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Arya.ag, Shivalik Bank partners to empower farmers with INR 200 Crore in commodity financing
14-Mar-2024 - 0 Comments.
Arya.ag, India's leading integrated grain commerce platform, has partnered with Shivalik Small Finance Bank to provide vital financial assistance to farmers, agro-processors, and micro-enterprises.
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Karnataka receives INR 235 Crore as third installment under RKVY Scheme
28-Feb-2024 - 0 Comments.
In a move aimed at bolstering the agricultural sector in Karnataka, the Department of Agriculture and Farmers Welfare (DAFW) has released Rs. 235.14 crore to the state government as the third installment under the Rashtriya Krishi Vikas Yojana (RKVY) scheme for the financial year 2023-24.
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Four inclusive businesses making a difference for India’s farming communities
22-Feb-2024 - 0 Comments.
Four inclusive businesses making a difference for India’s farming communities In the heart of India's agricultural landscape, smallholder farmers, comprising 70 per cent of the sector, face a significant barrier: limited access to formal financial institutions and resources.
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Rallis India Limited reports 3% volume growth
24-Jan-2024 - 0 Comments.
Rallis India Limited, a TATA Enterprise and leading player in the Agri inputs industry, today reported its financial results for the quarter ended December 31, 2023.
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Dvara E-Registry wins World Economic Forum’s Smarter Climate Farmers Challenge
13-Nov-2023 - 0 Comments.
Recognized for innovation in agricultural technology, Dvara E-Registry has been named one of the 12 winners of the World Economic Forum’s Smarter Climate Farmers Challenge. The company's digital platforms are paving the way for a new era of sustainable farming and financial inclusion for smallholder farmers across India.
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VST Tillers Tractors Ltd registered 19% revenue growth in Q2 FY24
08-Nov-2023 - 0 Comments.
VST Tillers Tractors Limited (VST), India's leading farm equipment manufacturer, today announced their Quarter 2 results for the financial year 2023-24.
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Milma’s 2023-24 budget anticipates INR 1.22 crore surplus
22-Sep-2023 - 0 Comments.
The Annual General Body Meeting (AGM) of the Kerala Co-operative Milk Marketing Federation (KCMMF), known by its brand name Milma recently adopted a growth-oriented budget for 2023-24 pegging the revenue at INR 680.50 crore and expenditure at INR 679.28 crore, anticipating a surplus of INR 1.22 crore during the financial year.
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NABARD emphasises on agri-fintech innovations for taking rural and agri-economy forward
11-Sep-2023 - 0 Comments.
The National Bank for Agriculture and Rural Development (NABARD) took center stage at the Global Fintech Fest (GFF), held from September 5th to September 7th, 2023 in Mumbai. NABARD highlighted its ground-breaking work to integrate digital financial services with rural and agri-economy.
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NABARD celebrates ideas for a sustainable agri-landscape with the National AgriFunds Hackathon 2023
08-Sep-2023 - 0 Comments.
The National Bank for Agriculture and Rural Development (NABARD) organised a month-long hackathon to stimulate young minds to develop innovative solutions for financial inclusion in rural areas.
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Bayer CropScience reports robust Q1 results for FY 2023-24
09-Aug-2023 - 0 Comments.
Bayer CropScience Limited (BSE: 506285) has unveiled its unaudited financial performance for the first quarter (Q1) of the Financial Year (FY) 2023-24, showcasing substantial growth and resilience despite challenging conditions.
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Dvara E-Registry impact report empowers India's smallholder farmers through technology, financial accessibility
27-Jun-2023 - 0 Comments.
Dvara E-Registry (DER), an agri-fintech incubated by Dvara Holdings, has released its Impact Report showcasing the transformative effects of its interventions on India's smallholder farmers.
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Best Agrolife's revenue crosses INR 1700 Cr, declares 30% dividend in FY23
04-Jun-2023 - 0 Comments.
Best Agrolife Limited (BAL) (BSE: 539660, NSE: BESTAGRO) announced its financial results for the Quarter and Year ended 31 March 2023, showcasing impressive growth and performance.
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Rallis India revenue up 14% at INR 2967 Cr, announces dividend of INR 2.5 per share
26-Apr-2023 - 0 Comments.
Rallis India Limited, a TATA Enterprise and a leading player in the Indian agri inputs industry announced its financial results for the fourth quarter of the financial year ending March 2023.
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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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AMUL sales turnover surpasses INR 55,055 Cr with 18.5% YoY growth
18-Apr-2023 - 0 Comments.
Gujarat Co-operative Milk Marketing Federation Ltd., which markets the popular Amul brand of milk and dairy products has registered a provisional turnover of INR 55,055 Crores for the financial year 2022-23 which ended on 31 March 2023.
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Bayer CropScience Limited reports Q3 results for FY 2022-23
08-Feb-2023 - 0 Comments.
Bayer CropScience Limited (BSE: 506285) announced today its unaudited results for the quarter and ine months ended December 31, 2022.In the third quarter (Q3) of Financial Year (FY) 2022-23, Bayer CropScience Limited (BCSL) earned Revenue from Operations of ₹ 10,379 million, as compared to ₹ 9,901 million in the corresponding period of FY 2021-22.
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Best Agrolife revenue up by 41% in Q3FY23
27-Jan-2023 - 0 Comments.
Best Agrolife Ltd, the leading agrochemical company in India, on Thursday declared financial results for Q3FY23 in its Board of Directors meeting.
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PM KISAN, a game changer DBT Scheme
27-Nov-2022 - 0 Comments.
PM KISAN Scheme is a Central Sector Scheme to supplement financial needs of land holding farmers.
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Milma announces INR 6 hike in milk prices from Dec 1
23-Nov-2022 - 0 Comments.
Milma has decided to raise the price of milk by Rs 6 per litre from next month, considering the steady increase in the input cost and the financial difficulties of the dairy farmers, Kerala Co-operative Milk Marketing Federation (KCMMF) Chairman KS Mani said.
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Bayer, Rabo Partnerships and Mastercard join hands to accelerate the financial digitization among smallholder farmers
11-Nov-2022 - 0 Comments.
To economically empower smallholder farmers in rural India, Bayer, Rabo Partnerships and Mastercard have entered into a partnership to launch a scalable program to advance the digitization of the country’s agricultural finance ecosystem.
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TRCMPU adopts INR Rs 1,248 Cr budget for 2022-23
22-Sep-2022 - 0 Comments.
The Trivandrum Regional Co-operative Milk Producers Union (TRCMPU) unanimously adopted a budget of INR 1,248 crore for the financial year 2022-23 at its Annual General Body meeting today.
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Ayekart raises USD 5.5 million in debt and equity to support growth
13-Sep-2022 - 0 Comments.
Ayekart, a startup in the agri-fintech sector, has raised USD 5.5 million from Siply, a fintech platform, and Caspian Debt, a corporate lending financial institution. The Latter provided about USD 2.5 million in debt financing, and former provided over USD 2.8 million in equity finance.
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Cabinet approves interest subvention on short term agriculture loan of upto INR 3 lakh
22-Aug-2022 - 0 Comments.
The Cabinet, chaired by the Prime Minister, Narendra Modi has approved to restore Interest Subvention on short term agriculture loans to 1.5 percent for all financial institutions.
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Rallis India reports INR 863 Cr revenues for the Q1
21-Jul-2022 - 0 Comments.
Rallis India Limited, a TATA Enterprise and a leading player in the Indian Agri inputs industry announced its financial results for the first quarter of the financial year starting April 2022.
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Agri-Fintech startup Hesa to provide financial solutions across 30,000 villages in 2022
15-Jul-2022 - 0 Comments.Agri-Fintech startup Hesa has announced that it aims to provide financial solutions to over 60K Hesaathi’s across 30,000 villages in tier 2 and 3 cities.
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Go Green Warehouse raises undisclosed funds through structured debt financing
22-Jun-2022 - 0 Comments.Go Green Warehouses Private Limited, an integrated commodity management solutions provider, announced the raising of structured debt finance from a domestic financial institution.
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Ninjacart partners with Avanti Finance to launch innovative credit products focused on agri value chain
11-Apr-2022 - 0 Comments.
Ninjacart, India's leading agri-platform which leverages technology to organise the agriculture ecosystem, has expanded its capabilities within the agri-tech space championing digital financial inclusivity through a strategic partnership with Avanti Finance.
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GoI to provide financial assistance under MIDH for setting up cold storages facility
02-Apr-2022 - 0 Comments.
Government does not provide loans for the setting up of cold storage under the Mission for Integrated Development of Horticulture (MIDH). However, Government is implementing the following schemes under which financial assistance is provided for setting up cold storage throughout the country.
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Uzbekistan gets USD 200m financial support from World Bank
26-Mar-2022 - 0 Comments.
The World Bank’s Board of Executive Directors approved a USD 200m financing package for the Second Rural Enterprise Development Project (REDP) aimed at supporting the establishment and expansion of farms and rural enterprises in 10 regions of Uzbekistan.
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Apollo Agriculture secures USD 40m from Softbank, Chan Zuckerberg
22-Mar-2022 - 0 Comments.
Apollo Agriculture, a Kenya-based technology company that offers market access and financial services to farmers, secured USD 40m in funding from SoftBank Vision Fund 2 which former will use the funds for expansion of its business.
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DLL, Mahindra & Mahindra Financial Services, MagNA to continue long standing partnership
11-Mar-2022 - 0 Comments.
Global financial solutions provider DLL, a fully-owned subsidiary of Rabobank Group, announced yesterday that they will extend their long-standing U.S. joint venture with Mahindra & Mahindra Financial Services Limited (MMFSL).
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BOB Financial, CreditAI launches co-branded credit card for farmers
11-Mar-2022 - 0 Comments.
BOB Financial Solutions Limited (BFSL), a wholly owned subsidiary of Bank of Baroda (BoB), and CreditAI Fintech Pvt Ltd (CAI), a Singapore and Bengaluru based farmer digitisation and credit scoring company have launched Unnati – a co-branded credit card exclusively for farmers. The card has been launched as a contactless offering on the Visa network.
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Bayer announces changes in Executive Leadership Team of Crop Science division
04-Mar-2022 - 0 Comments.
Bayer recently announced changes in the leadership team of its Crop Science division, with Kelly Gast assuming the position of Chief Financial Officer (CFO) from Michael A. Schulz, effective 1 April 2022.
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Yes Bank incubates scalable fintech solutions for agritech
02-Mar-2022 - 0 Comments.
YES BANK announced the launch of an annual start-up enabler program, YES BANK Agri Infinity, which seeks to co-develop digital financial solutions for the food and agriculture ecosystem by mentoring entrepreneurial ventures in the field.
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Rhiti Group, EST Global collaborate to provide new-age agriTech solutions
25-Feb-2022 - 0 Comments.
Rhiti Group has announced collaboration with EST Global Inc., a leading FinTech company based in the Boston Cambridge MIT ecosystem working towards investing in FinTech solutions and bringing financial inclusion.
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PM Kisan Samman Nidhi Yojana benefited 11.78 crore farmers
25-Feb-2022 - 0 Comments.
PM-KISAN is a central sector scheme launched on 24 February, 2019 to supplement financial needs of land holding farmers. Financial benefit of INR 6000 per year in three equal installments, every four month is transferred into the bank accounts of farmers’ families across the country through Direct Benefit Transfer (DBT) mode.
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IFAD funded project to develop technologies to help smallholder farmers in Latin America, Caribbean
25-Feb-2022 - 0 Comments.
The UN's International Fund for Agricultural Development (IFAD) launched the Innovatech project, which aims to develop agricultural (AgriTech) and financial (FinTech) digital solutions to facilitate small farmer's access to markets and to financial and non-financial services in Bolivia, El Salvador, Guatemala, Haiti, Honduras and Mexico.
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Arya.ag tie up with MAS Financial Services to offer agri finance to small farmers & FPOs
11-Feb-2022 - 0 Comments.
Arya, India's largest integrated grain commerce platform, today announced a tie-up with leading NBFC, MAS Financial Services Limited to offer Agri-finance to farmers with a specific focus on small farmers and FPOs.
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Govt supplying quality seeds, fertilizers at reasonable price, says agri minister
10-Feb-2022 - 0 Comments.
The primary responsibility for disaster management rests with the State Governments. The State Governments provide financial relief to the affected people in the wake of notified disasters from the State Disaster Response Fund (SDRF), already placed at their disposal.
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India records 14.7% rise in agricultural, processed foods exports during April-October 2021
20-Nov-2021 - 0 Comments.
In a major boost to export prospects of agricultural produce, India registered a significant surge in export of agricultural and processed food products in April-October period of current Financial Year, 2021-22, in comparison to the corresponding seven month period of last fiscal, 2020-21.
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PM releases PM-KISAN 9th installment, INR 19,500 crores transferred into 9.75 crores farmer accounts
10-Aug-2021 - 0 Comments.
The Prime Minister, Narendra Modi released the next installment of financial benefit under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) today through video conference.
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National Fisheries signs MoU with PNB to extend financial assistance
06-Aug-2021 - 0 Comments.
National Fisheries Development Board (NFDB) under Ministry of Fisheries, Animal Husbandry & Dairying, Government of India has entered into an MoU with Punjab National Bank, the premier Bank in the country, to extend financial assistance through the Bank.
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Symbiotics launches first agricultural green bond with Samunnati
28-Jul-2021 - 0 Comments.
Symbiotics, the leading market access platform for impact investing, has arranged with Samunnati Financial Intermediation & Services Private Limited its first green bond whereby the proceeds of USD $4.6 million in local currency equivalent are fully allocated towards climate smart agriculture.
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Milma’s Malabar Union to launch medicare scheme for dairy farmers’ children
29-Jun-2021 - 0 Comments.
The Malabar Regional Co-operative Milk Producers’ Union (MRCMPU) under Milma is launching a scheme from the coming month, providing financial assistance for the treatment of its dairy farmers’ children diagnosed with type-1 diabetes.
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Escorts Ltd announces Covid relief measures for its dealerships
31-May-2021 - 0 Comments.
In a program titled ‘Covid-Shield’, India’s leading engineering conglomerate, Escorts Limited announced several Covid-relief measures for its Dealerships, including a no-questions-asked financial aid of INR 20,000 for its select dealership employees, upon testing positive for Covid-19.
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Jai Kisan raises USD 30mn in Series A funding led by Mirae Asset
31-May-2021 - 0 Comments.
Rural fintech startup Jai Kisan has raised USD 30mn (INR 217 Crores) in a combination of equity and debt in a Series A round of funding led by Mirae Asset. Blacksoil, Stride Ventures, and Trifecta Capital contributed the debt in the round whereas, Veda Corporate Advisors was the exclusive financial advisor to Jai Kisan for the fundraise.
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ICICI Bank to use satellite imagery to assess creditworthiness of farmers
28-May-2021 - 0 Comments.
ICICI Bank has announced a unique way to assess the creditworthiness of a specific group of customers. The bank will use satellite data imagery to measure an array of parameters related to the land, irrigation, and crop patterns and use it in combination with demographic and financial parameters to make quick lending decisions for farmers.
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PM releases 8th installment of financial benefit under PM-KISAN
14-May-2021 - 0 Comments.
Prime Minister Shri Narendra Modi released 8th installment of financial benefit of Rs 2,06,67,75,66,000 to 9,50,67,601 beneficiary farmers under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme today via video conferencing.
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Post-harvest startup Arya crosses INR 200 crore loan book mark
05-May-2021 - 0 Comments.
Arya, India's leading post-harvest Agritech player through its digital financial solutions company, Aryadhan has crossed the book size of INR 200 Crores.
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Rallis India’s consolidated PAT up by 24% at INR 229 Cr for FY21
23-Apr-2021 - 0 Comments.
Rallis India Limited, a TATA Enterprise and a leading player in the Indian crop protection industry announced its financial results for the quarter and year ended 31 March, 2021.
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Indian agriculture shows positive recovery post pandemic, says Dr Shivendra Bajaj
04-Mar-2021 - 0 Comments.
Agriculture sector in India helped in the speedy recovery of the economic growth post the pandemic. India's agriculture and allied sectors helped the farm sector clock a growth rate of 3.4 percent in the financial year 2020-21. It is lower than the last year's growth but is the best when compared with other sectors during pandemic.
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Stellapps ties up with India Post Payments Bank to drive financial inclusion for dairy farmers
25-Feb-2021 - 0 Comments.
Leading dairy-tech startup, Stellapps has announced that it has signed an agreement with India Post Payments Bank (IPPB) to digitize the dairy milk procurement value chain and promote banking facilities at milk collection centres.
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Over 9 crore farmer get INR 18000 Cr deposited via direct benefit transfer
27-Dec-2020 - 0 Comments.
The Prime Minister, Narendra Modi recently released the 7th instalment of financial benefit under PM KisanSammanNidhi through video conference.PM also interacted with farmers from Arunachal Pradesh, Odisha, Haryana, Tamil Nadu, Uttar Pradesh, Maharashtra, and Madhya Pradesh. Farmers narrated their experiences about how they have benefitted since the introduction of the Farm Acts.
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Aquaconnect launches financial risk management service AquaCRED
29-Sep-2020 - 0 Comments.
Aquaculture startup Aquaconnect launches a full-stack technological intervention AquaCRED. This aims to bring a formal financial network to small and medium aquaculture farmers by working on risk assessment based financing strategy.
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Axis Bank partners with Bayer’s Better Life Farming initiative in India
25-Sep-2020 - 0 Comments.
Axis Bank, India’s third-largest private sector bank has joined Bayer’s Better Life Farming initiative in India to provide enhanced and holistic financial solutions to smallholder farmers and rural farming communities.
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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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IFFCO registers highest ever net profit of INR 1005 Cr during 2019-20 FY
19-Jul-2020 - 0 Comments.
World’s largest fertilizer cooperative IFFCO has recorded highest ever net profit after tax (PAT) at INR 1005 crore for 2019-20 financial year ended 31 March 2020.
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Post-harvest agri startup Aryadhan Financial Solutions disburse INR 100 Cr loan
29-Jun-2020 - 0 Comments.
Aryadhan Financial Solutions Pvt Ltd, the financing arm of post-harvest Agri startup Arya has crossed the book size of Rs.100 Crores.
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EID Parry post 29% increase in EBIDTA for 2019-20 fiscal year
12-Jun-2020 - 0 Comments.
India's one of the leading manufacturers of sugar, EID Parry (India) Limited has reported an increase in earnings before depreciation, interest, taxes and exceptional items (EBITDA) by 29% at INR 2016 crore, as compared to INR 1558 crore posted during the 2018-19 financial year.
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Tribal ministry includes 23 additional minor forest produce items in MSP list
29-May-2020 - 0 Comments.
Indian ministry of tribal affairs has announced the inclusion of 23 additional minor forest produce (MFP) to its Minimum Support Price (MSP) list.
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Dairy products output to grow by 10% in 2020-21 fiscal year, says India Ratings report
19-May-2020 - 0 Comments.
The manufactured dairy products output is estimated to grow 10% to INR 283,000 crore (USD $37.58 billion) during the current financial year (April 2020-March 2021), a Mumbai based rating firm, India Ratings and Research (Ind-Ra) said in a report.
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India target 298 MT of foodgrains production for FY 2020-21
21-Apr-2020 - 0 Comments.
India has fixed a target of 298 million tonnes of foodgrains production for the financial year 2020-2021 at the National Conference on Kharif crops 2020
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Bank of Baroda extends financial support to farmers due to CONVID-19
07-Apr-2020 - 0 Comments.
Bank of Baroda has announced various schemes for the agriculture sector and Emergency Credit Line for Farmer Producer Organization (FPO/ FPC)
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Sonalika Tractors sells 100,000 tractor during 2019-20 fiscal year
06-Apr-2020 - 0 Comments.
India’s fastest growing tractor company, Sonalika Tractors has aanounced that it sales of tractors has crossed 100,000 for the financial year ended 31 March 2020
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India Budget 2020: Target of USD 209 BN in agri-credit for 2020-21 set
01-Feb-2020 - 0 Comments.
Providing a huge boost to the farming sector, Indian finance minister Mrs Nirmala Sitharaman in her second financial budget set agriculture credit target of USD 209 billion (INR 15 lakh crore) for the year 2020-21.
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Rashtriya Chemicals and Fertilizers posts USD 20 MN net profit during 2018-19
25-Sep-2019 - 0 Comments.
Indian government-owned net profit Rashtriya Chemicals and Fertilizers Ltd (RCF) has posted a net profit of USD 20 MN (INR 1.39 billion) during 2018-19 financial year
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CMFRI study throws light into unhealthy financial practices in fisheries sector
06-May-2019 - 0 Comments.
Financial inclusion in the sector is dismal; fishermen are bound to pay high interest rates as they increasingly depend on informal money lenders for loans
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Launch of NCDC model for cooperatives can bring financial inclusion of farmers in remote villages
10-Jan-2019 - 0 Comments.
Indian Minister of Agriculture and Farmers’ Welfare Radha Mohan Singh has said that National Council for Cooperative Training (NCCT) besides being responsible for training, awareness and evaluation programmes of employees working in the cooperative sector also facilitates the same for other stakeholders in the cooperative sector in the country
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Deepak Fertilizers announces Q1 results
09-Aug-2018 - 0 Comments.
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) today announced its financial results for the quarter ended June 30, 2018 (Q1 FY19).
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Financial inclusion, infrastructure big game-changers: CLFMA
20-Feb-2018 - 0 Comments.
Promoting financial inclusiveness and supporting infrastructure investments are two of the most impactful aspects that the livestock sector in India had long been waiting for.
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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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India produced $14.60 BN worth of fish during 2015-16, says Agri minister
27-Nov-2016 - 0 Comments.With growing aquaculture activities across the coastal region, India has produced an estimated $14.90 billion (Rs 100,000 lakh crore) value of fish production during 2015-16 financial year







