Agri Current News #2

1.      Per capita availability of milk rose by 15.6 per cent from 307 gms a day to 355 gms per day between 2013-14 and 2016-17, an official statement quoted the minister as saying.

2.      The nodal agency for procurement and distribution of foodgrains would raise Rs 32,000 crore through government-guaranteed bonds, informed the panel further.

3.      In light of the Finance Minister's budget announcement that NITI Aayog will develop and put in place a fool-proof mechanism, its vice chairman Rajiv Kumar presided over a consultation meeting today.

4.      As the planters explained, a tea worker receives a daily cash wage of Rs 150 and directly work output linked incentive. In addition, there are other benefits.

5.      The company which reported 14% jump in net sales at 390 crore for the financial year ended March 31, 2017 and 24% increase in net profit at 46%, maintained a profit margin of nearly 12%, the highest in the jute sector.

6.      The latest move risks another row with the US company, the world's biggest seed maker, which threatened to leave India in 2016 when the government cut its royalties by over 70 percent.

7.      The Calcutta High Court had stayed the withdrawal of armed forces from Darjeeling hills.

8.      After two difficult years, export of oilmeals has revived in the current year, but still lower than earlier years, when India used to export annually over 40 lakh tons to 45 lakh tons of oilmeals.

9.      The trade body claimed that the yields recorded in Maharashtra and Karnataka are reportedly one of the highest ever noticed in the past from either of these states.

10.  Though the new market was ready in 2014, traders resisted following apprehensions about the distance — it is 18 km from Yeshwantapur — lack of facilities and losing customer base.