#6 TAFE investing Rs 250 crores in tractor plants – Khetigaadi AgriTalk English, Agriculture news

Women has always played a key role in our country and our culture. This year national women farmers day was celebrated on 15th October with lot of joy and cheer during navratra utsav. On the occasion Khetigaadi family wished all farmers and women farmers a very happy dussera. Feel the power of women feel the power of durga. Feel the power of women, feel the power of Durga, on 15th October this year National women farmers day The study shows that approximately more than 80% of women in rural India depend on agriculture for their livelihood. Among the entire farming community, more than 30% of women are cultivators themselves and more than 45% are the ones that serve as agricultural laborers, The minister said women farmers have a very important role to play in the agriculture sector and that 18% of the agricultural households in India were led by women. Centre to seek Election Commission’s nod for 40-60% MSP hike for forest items The government would seek Election Commission’s permission to effect a steep 40-60% increase in the minimum support price (MSP) of minor forest produce (MFP) in tribal dominated states — a move which would benefit tribal in poll bound BJP-ruled Madhya Pradesh, Rajasthan and Chhattisgarh which have a sizeable tribal population. To fulfil its objective of doubling farm incomes by 2022, the govt must hike R&D spend and facilitate private investments. Farmers hit as prices of kharif crops plunge below MSPs The center significantly raised MSPs in July to ensure 50% returns over costs and followed it up with a new procurement mechanism named PM-AASHA. However, farmers in several states are selling soya bean, and pulses such as moong and urad at lower than MSP. With Brazil, Europe and Thailand lowering their production estimates, coupled with depreciation of the rupee, Maharashtra’s sugar industry has ramped up efforts to export 15 lakh tonnes of sugar till March Mahindra Agri Solution enters 60:40 JV with Sumitomo Corporation for crop care business the partnership will offer a pipeline of specialty, new generation products with unique and latest molecules to effectively manage pest and insect related challenges faced by farmers. Planters cheer as Kerala abolishes agri income-tax The Association of Planters of Kerala (APK) has hailed the State government’s decision to abolish agriculture income-tax (AIT), saying Kerala is the only State levying AIT at 30 per cent of profit. Indian tractor industry posts 22% volume growth – Times of India Continuing on robust volume growth over the past two fiscals, the domestic tractor industry has grown in the current fiscal as well, witnessing an expansion of 22% in April-August FY2018 (Y-o-Y basis). The volume growth has been relatively broad based, with healthy growth recorded across a majority of states even as the monsoon distribution remained uneven. TAFE investing Rs 250 crores in capacity expansion in two Indian tractor plants Tractor and Farm Equipment Company (TAFE), the country’s second largest tractor maker by volumes will target a capital investment of Rs 250 crores in the current financial year to increase its installed capacity by 50,000 tractor units at two of its manufacturing locations in India

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