Navigating India’s Agricultural Growth Path
Dear Reader,
We are pleased to share the 47th edition of the agribazaar newsletter. It is that time of the year when the entire country awaits rains. The monsoons are critical for Indian farmers as they provide essential irrigation and support seasonal farming. A good monsoon season is desirable for a good crop yield, improved farmer income, and economic contribution. A successful monsoon season is directly responsible for a productive year. Let's take a closer look at the current state of agricultural affairs.
In The Spotlight
The monsoon season is vital for farmers for two essential reasons:
With a higher-than-normal rainfall predicted this season, farmers can hope for better yields and improved income.
Tech Showcase
Cutting-edge technologies have played their part in simplifying agriculture with their intelligence. Agriknow (GAP) is a crop advisory service offering 700+ agri-commodities nationwide. The satellite-based monitoring system allows farmers to:
Consequently, farm owners can avail of agribazaar's 'Input Marketplace' to gain maximum incomes for their yields.
Agri-Inspiration
Dr. Baldev Singh Dhillon is a renowned agricultural scientist and academician. He was the Vice Chancellor of the Punjab Agricultural University (PAU), where he received several accolades for his research. One of the hallmarks of his career is his scientific breakthrough in plant breeding. He developed India's first single cross-hybrid maize variety (Paras, 1995). He held several influential positions in government organizations and excelled in his work in crop genetics and biotechnology. He was awarded the Padma Shri in 2019 for his contributions to agriculture.
Recommended by LinkedIn
Media
Millennium Mams is a Kolkata-based NGO that empowers women with financial literacy through workshops and education. Our CEO and co-founder, Mr. Amith Agarwal, was the speaker in the recent event on Investment, educating women on the importance of agriculture. Amith highlighted the significance of women’s role in the agricultural ecosystem and took questions on agritech and agri-financing. He specifically emphasized the benefits of women’s contribution to agriculture.
Industry Updates
S&P Global Commodity Insights recently forecasted a bumper rice harvest for India. The forecast is based on expectations of a good monsoon predicted by India's Meteorological Department. The return of La Nina rainfall is expected to boost crop production after a three-year drought. According to Commodity Insights data, India's rice supply is set to surpass 170 million metric tonnes this year. Everything now hinges on a good monsoon season.
FPO Profile
We appreciate the efforts of Dhamniya Jagir Farmer Producer Company Limited, which is based in Dhamniya Jagir village in the district of Pratapgarh, Rajasthan, and serves farmers' agricultural needs. They have been associated with agribazaar for the last two years and have performed well in their region. The agribazaar team wishes them the very best in all their future endeavors.
Making It Count
Thanks for reading!