Latest Agri, Tractors, Implements, Mechanisation & Farm Technology updates – Lets begin with the good news Telangana Government launched a Rs. 5 Lakh Insurance programme for farmers in the state, this will be first of its kind insurance program under which farmers family will get the amount irrespective of whether the death is natural or accidental – The recent survey published by NABARD concludes that Farmers have turned Lakhpatis but more than half are still in debt. The survey was carried amongst approximately 40000 rural households in the year 2015-16 – Revival of monsoon has bought mix of misery and cheers amongst farmers.
Country has seen heavy rainfall to boost water levels at major reservoirs, while some areas witnesses lack of rainfall and farmers are still waiting for sowing – Government has formulated an agriculture export policy to prepare farmers for international markets. This will lead to farmers taking new and scientific methods for cultivation by adopting organic and solar powered farming – Urea production is likely to increase by 1.6percent in financial year 2019 due to smooth functioning of manufacturing units – Government bans 12 pesticides with immediate effect considering its hazardous effects to both human beings and animals – Tractor industry is pegged to grow between 8-10 per cent in 2018-19 by approximately selling 8Lakh units Escorts Ltd Appoints Nikhil Nanda as Chairman and Managing Director – Mahindra’s Farm Equipment Sector sells 21,574 units in India during July 2018 Escorts records 3.5% growth in tractor sales in July 2018 – 5610 tractors sold Website – https://khetigaadi.com #Agrinews #Agrimechanism #Tractor #Khetigaadi #Agritech