- India is the fifth largest seed market across the globe.
- It is expected to grow at more than 15% during 2017–2022, and can reach a value of more than US$ 7 Billion by 2022.
- The seed market is majorly contributed by non-vegetable seeds such as corn, cotton, paddy, wheat, sorghum, sunflower and millets.
- Direct contribution of quality seed to the total production can be raised up to 45% with efficient management of other inputs.
Silk industry (Sericulture) in India
- India is the second largest producer of silk in the world. It provides employment to over 8.25million people in the country.
- There are four major types of silk produced in India: Mulberry, Tasar, Muga, Eri of which Mulberry accounts for 70% of total raw silk production.
- India currently produces all four variety of silk – mulberry, eri, muga and tassar. The silk production is mostly prevalent in Karnataka, Assam, West Bengal, Tamil Nadu, Andhra Pradesh and Jammu and Kashmir.
- Major Export destination of Indian Silk exports are USA and UAE followed by UK, France, Italy and Germany. Mostly natural silk yarns, fabrics, made-ups, readymade garments, silk carpets and silk waste are exported.
- For growth and development of the silk industry Indian Silk Export Promotion Council has also been set up. It organises trade shows and fairs across the world to promote trade with different countries. The council also facilitates meetings between exporters and potential customers.
- India’s north eastern region has the unique distinction of producing all these commercial varieties of silk contributes about 21% of the total silk production in the country
Sugar Industry in India
- The money would be credited directly into the bank accounts of farmers, who haven’t received the “fair and remunerative price” (FRP) for sugarcane fixed by the Centre.
- The Centre’s Sugarcane (Control) Order mandates mills to pay the FRP within 14 days of cane purchase from farmers, failing which 15% annual interest is charged on the due amount for the period of delay. Considering the large cane price arrear dues to farmers the mills say they cannot pay farmers beyond 75% of their realisations from sugar and thus the amount sanctioned by government is grossly inadequate.
- The populist increases in SAP recent years has resulted in excessive production of sugarcane, estimated at 295.07 lakh tone thus triggering a glut of supply of sugar which reached an all-time high of 29.98 million tonne.
- Further considering the high cost of production of sugar (partly due to high cane prices in India) in other countries the export prices of sugar are much lower than from domestic sales.
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