Hi, NewsWrap for August 02, 2022

02-August-2022: Mahindra & Mahindra, UPL, FSSAI, Matrix, ICRISAT, APMC

2 August 2022

Mahindra’s Farm Equipment Sector Sells 21684 Units

Mahindra & Mahindra, announced its tractor sales numbers which is 21684 units for last month .After noticing the growth of Farm equipment sector Hemant Sikka said we have sold 21684 tractors in the domestic market during last month. After seeing the good sale we have achieved a volume growth of 18%.
UPL Reaches 29% Growth In First Quarter

UPL registered a 29 per cent growth in their first quarter on better high rate product volumes and favourable exchange rate.Now Company expect to be up by 12-15% H1 growth in Indian business. Also UPL launched Herbicide at Brazilian Congress of Weed Science & presents its new herbicide called the Lifeline Sync herbicide. This new product will provide the effect of desiccation and also the residual at the beginning of the establishment of the crop, and will ensuring less weed competition in this very important period.″
Government to Provide Electricity Subsidy to Aqua Farmers

Andhra Pradesh government is making all necessary preparations to start providing qualified farmers with electricity subsidies from September. A survey conducted to identify the aqua farmers who cultivate less than 10 acres in the Aqua zone will also come to an end this month. Departments of Electricity, Revenue, and Fisheries later collaborated on a survey to determine which farmers are truly cultivating within the aqua zone.
FSSAI Launches Drive Against Sale Of Adulterated Edible Oil

Food safety regulator, FSSAI has launched an awareness drive against the sale of adulterated edible oil, FSSAI has decided to ban adulterated mineral oil, argemone oil, castor oil and trans fatty acid oil , In the first phase FSSAI will send 126 samples of edible oil to oil testing laboratory and if the if the presence of adulterants is confirmed in vegetable oil refineries, oil blending units and other production units involved in the production of edible oils then FSSAI will take a strict action
Matix Introduces Humic Acid Based Soil Conditioner

Matix Fertilisers and Chemicals Ltd. has introduced OROMATE a humic acid based soil Conditioner in the State Odisha with the collaboration with Oro Agri India Pvt. Ltd.
ICRISAT Calls For Entries From Agri, Food Tech Start Ups

The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) and The Entrepreneur Zone (TEZ) have called for applications from entrepreneurs and innovators for its online agri and food-tech business idea boot camp the Agri-Business Incubator (ABI) of ICRISAT will host this camp from 3 to 5 august, this programme will mainly focus on entrepreneurs planning to enter the agri and food-tech start-up domain.
Maharastra’s Farmers Threatens Agricultural Produce Marketing Committee

Maharastra’s farmers are threating agricultural produce marketing committee that they will stop the onions from their yards for the coming days if they don’t get an average price of 25 rupees per kg for their produce.
EPA To Bring In New Act To Protect Species And Wildlife From Pesticides

United States Environmental Protection Agency wants to bring in a strategy and workplan to protect endangered species and wildlife from pesticides. And in view to that only this agency has announced their plans to accommodate the Endangered Species Act . This plan will be needing significant changes and obligations for the agrochemical and crop protection sector and It will affect the registration of all new pesticide active ingredients and existing pesticides which has to be reviewed and adapted if necessary to align with new regulations concerning authorized safe use.