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Netafim launches portable drip irrigation kit for small farmers

Netafim launches portable drip irrigation kit for small farmers
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Budget gives push to micro-irrigation sector

Budget gives push to micro-irrigation sector SECTIONS Share Synopsis The water scarcity and droughts in some parts of the country has put the spotlight on water-saving technology over the past few years with various states having taken aggressive expansion of micro-irrigation, said Anil Jain, MD, Jain Irrigation Systems. iStock Related NEW DELHI: Over 20 lakh hectare land will be brought under drip and sprinkler irrigation and improve the efficiency of irrigation, said companies with the budget announcement of doubling micro-irrigation fund created with National Bank for Agriculture and Rural Development (NABARD) to Rs 10,000 crore in 2021-22. “The addition of Rs 5,000 crores to the micro-irrigation fund with NABARD will help increase the irrigation coverage in all states and achieve the government s target of one crore hectare in five years. With a 50% contribution from farmers the fund can cover 20 lakh hectares annually,” said Randhir Chauhan, MD, Netafim Irrigation In

Budget 2021: Agri cos cheer higher allocation to farm sector

Updated Feb 01, 2021 | 20:51 IST Netafim India MD Randhir Chauhan welcomed the government s decision to double the allocation to the Micro Irrigation Fund (MIF) under NABARD to Rs 10,000 cr. Budget 2021: Agri cos cheer higher allocation to farm sector  |  Photo Credit: ANI New Delhi: Agri and food companies on Monday hailed the decision to hike farm credit target and increase allocation for the agriculture ministry in the Budget, saying this will help in boosting farmers income and overall growth of the sector. Asserting that the government is committed towards farmers welfare, Finance Minister Nirmala Sitharaman on Monday proposed 10 per cent hike in the farm loan disbursal target to Rs 16.5 lakh crore, and introduced an agri infra and development cess of up to 100 per cent to create post-harvest infrastructure for improving farmers income.

Agri sector hopes for a pivotal push from Union Budget 21-22

Agri sector hopes for a pivotal push from Union Budget 21-22 January 31, 2021 × Industry players expect lower taxes for agri-tech, specific interventions for crop R&D and post-harvest infrastructure For agriculture, which was the only sector to witness growth during the Covid-19 pandemic, expectations are high from the Union Budget 2021-22. The sector is likely to see higher allocations especially in the areas of agriculture credit, PM Kisan and irrigation among others. Industry players are looking forward to incentives such as lower taxes for agri-tech and specific interventions for crop R&D and post-harvest infrastructure. The Budget should focus on augmenting supply-demand mismatches in areas such as pulses, animal protein and dairy, as the outlays were disproportionately tuned towards erstwhile green revolution crops such as rice and wheat, said Anand Ramanathan, Partner, Deloitte India.

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