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Blog posts : "Agriculture"

Food Park

Packaged food is a growing business. According to industry estimates, the Indian packaged food market is worth $39.7 billion (Rs 2,38,200 crore) and is expected to reach $65.41 billion (Rs 3,92,460 crore) by 2020. But, like many other product categories, it is highly competitive. Thus, retailers wor…

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Rice mills in Haryana which process paddy for the Central pool (Public Distribution System / Custom Milled Rice) are faced with a double whammy, as they have been slapped with a value cut and inventory holding charges for rice. About 800 mills in Haryana which processed 24 lakh tonnes of paddy (abo…

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Farmers Income Insurance

The government plans to introduce Farm Income Insurance (FII) scheme to give cover on earnings expected from crop yield, Union Agriculture Minister Radha Mohan Singh said.

The minister also said that his Ministry would provide soil health cards to all farmers in the countr…

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The South America Crop Report for August 30, 2014

Argentina Crop Report

The price offered for soybeans in Rosario, Argentina’s largest grain port, closed the week between 2,300 and 2,320 pesos (US$273 and US$276). Exporters and other agribusiness around the Port of Rosario were impacted by a natio…

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Food-grain Storage Capacity:

Food-grain Storage Capacity: Need a robust plan and private entrepreneurs participation to build a world class hygienic storage capacity to not only maintain the food-grain in healthy condition but also to fetch higher value in international market for the surplus suppl…

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Rural Innovation- The destination for optimum Supply chain in Agriculture

Small agricultural enterprises have been facing innumerable problems for many years. Many public policies have been suggested to try and alleviate them, but the root cause of most problems lies in the operational/managerial a…

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Bangladesh: Farmers frequently switching over the crop due to -ve return!

Lack of fair price has made a noticeable dent in cultivation of wheat in Bangladesh. Unavailability of good quality seeds is also to be blamed for the situation.  For the sharp fall in wheat farming acreage, the crop is now b…

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The facts about farm machines

The Union and state governments run several schemes under which cheaper finance and even subsidies are offered for the purchase of agricultural equipment. Madhya Pradesh's "Yantradoot Yojana", under which agricultural implements are made available for farm work on rent…

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Guidelines on arsenic level in rice will benefit India; US to exit world rice trade of 40 Million Tons

The UN food standards body the Codex Alimentarius Commission earlier this week adopted new standards to protect consumer health worldwide, including setting out maximum acceptable levels of lead…

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Free trade, common national market to be created for agri-commodity 

Setting an agenda for marketing reforms and privatization in agriculture and food sector, the 2013-14 Economic Survey — the first indicator of which way the new Narendra Modi government is moving — calls for creation of a nationa…

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Monsoon improving; normal rain likely in August

In a forecast that would bring cheer to vast swathes of the country, weather officials have said the momentum picked up by southwest monsoon in July is likely to continue in August with normal rainfall expected next month. While July is likely to rece…

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Why the monsoon numbers hide reality!
A whopping three-fourth of the country’s geographic area is right now facing a rainfall deficit severe enough to warrant crisis management. The Indian Meteorological Department’s data shows that 74% of India has so far recorded monsoonrainfall much below its no…

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Agriculture News

A normal monsoon, couples with a low base, is set to raise agriculture growth to 4.6% from 1.4% in 2012-13. The sector which engage the maximum employable resource to create better demand for consumer goods is poised to set a new high. We at Ergos currently impact more than 5000 families for there b…

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From Navgachhia Team:

Ergokalab Foundation resumes sourcing from Navgachhia for its allied members and targeting for 1000 metric ton till February 2014. Yes there are quality issues with the stock left out with the farmers but with little effort, those stocks are  fetching good value for our farmers..cheers!!!

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Seeds Distributions-Rabi

Ergokalab Foundation is dedicated to bring the worlds best quality hybrid seeds of maize to its esteemed members along with various freebies; produce buyback guarantee, plant maturity, crop insurance etc. Our esteemed members are eligible for all subsidies for this distributions and they enjoy the a…

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Seeds Distributions

"Ergokalab Foundation"  has engaged its bandwidth in quality seeds(corn) distribution for its on board 4000 odd farmers...and through  its own distributions channels...dedicated to distribute approx. 500 metric ton hybrid seeds of Maize in Bihar...Second crop year in raw to set the benchmark in dist…

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Market Outlook

India presents a mixed bag of macro data. On the one hand we have the GDP growth for the FY13 coming in at a decade low of 5%, lower manufacturing growth and PMI numbers. Trade deficit data stands at a stark $ 20 bn. On the other hand we have some bright spots in the form of lower headline inflation…

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Mid-quarter Monetary Policy review

Reserve Bank of India has maintained status quo on all the key rates in its Mid-quarter Monetary Policy.

Major moves:

  • Repo rate unchanged at 7.25%.
  • The Reverse repo rate unchanged at 6.25%.
  • CRR remains steady at 4%
  • The Marginal Standing Facility (MSF) rate is retained at 8.25%, mandated at 10…

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Headline Inflation eases into comfort zone!

WPI inflation for 12-month ended March 2013 came in at a surprising 5.96%, down from previous month’s 6.84%, tracking a broad-based moderation in inflation of the sub-indices, particularly primary food products (to 8.7% from 11.4%) and manufactured products (to 4.1% from 4.5%). The non-food manufact…

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IIP turned +ve after a long time!

The Index of Industrial Production (IIP) numbers for the month of February has come in better- than expected at 0.6%. The bounce in the industrial output has come due to contribution from consumer goods sector, which turned positive after a long period at 0.5% . Consumer Price Index (CPI) declined t…

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20 blog posts