
Expedite lifting of rice, KV urges Centre
Odisha has procured a record quantity of 92,64,235 metric tonnes (MT) of paddy during KMS 2024-25, which is equivalent to 62,62,086 MT of rice, and is the highest ever procurement in the State's history. After the State's consumption, including during both Kharif and Rabi, there will be a surplus of 12 lakh MT of rice, which needs to be lifted by FCI. Additionally, the slow pace of surplus rice lifting by FCI is hampering overall procurement operations.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
an hour ago
- Time of India
Govt extends deadline for Kharif crop insurance
Lucknow: The state govt has extended the last date for getting crop insurance for all the notified Kharif crops till Aug 14 for non-loanee farmers and Aug 30 for loanee farmers. Earlier, July 31 was the deadline. The insurance premium for all Kharif crops is 2% paid by the farmers, and the remaining amount is paid by the central/state govt. The agriculture department has appealed to the farmers to benefit from the scheme by getting their notified crops insured by the due date extended in the interest of farmers for crop insurance. According to a state govt spokesperson, farmers need to keep all the information/documents related to Aadhaar, farmer ID, field and crop. Aadhaar card, Khatauni, bank passbook, and details of the crop (which is to be insured) are the necessary documents for farmers to get crop insurance. Crop insurance can also be done by self-registering at a bank, common service centre, or portal Likewise, the Pradhan Mantri Fasal Bima Yojana is operated to compensate the farmers in case of pest and disease outbreak, drought, flood, storm, hailstorm, as well as unsuccessful sowing, etc. It protects farmers from crop damage. Its main objective is to keep the income of farmers stable.


Business Standard
11 hours ago
- Business Standard
Mahindra & Mahindra sells 28,708 tractors in July 2025
Mahindra & Mahindra sold 28,708 tractors in month of July 2025 compared to 27,209 units in July 2024, recording a growth of 6%. The company's domestic tractors sales rose 5% to 26,990 units while exports rose 6% to 1,718 units during the month. Commenting on the performance, Veejay Nakra, President Farm Equipment Business, Mahindra & Mahindra said, We have sold 26,990 tractors in the domestic market during the month of July 2025, a growth of 5% over last year. This performance was driven by sustained land preparation activities, supported by robust cash flows in rural markets following the conclusion of Rabi crop harvesting. Additionally, the normal progression of monsoon across most regions further contributed to good demand during the onset of sowing for the Kharif season. In the exports market, we have sold 1,718 tractors, a growth of 6% over last year.


Business Standard
13 hours ago
- Business Standard
M&M total sales rises 26% YoY to 83,691 units in July'25
Mahindra & Mahindra (M&M) said that its overall auto sales grew by 25.95% to 83,691 vehicles sold in July 2025 as against 66,444 vehicles sold in July 2024. On a month-on-month basis, Mahindra & Mahindras (M&M) total auto sales jumped 5.97% in July 2025 compared to 78,969 units sold in June 2025. In the utility vehicles segment, the company sold 49,871 vehicles in the domestic market, registering a growth of 20% YoY and overall, 50,835 vehicles, including exports. The company sold 21,571 units of commercial vehicles (LCV+MHCV) in July 2025, up 9.42% from 19,713 units sold in July 2024. Three-wheelers (including electric 3Ws) sales grew 164% YoY to 9,475 units in July 2025. Total exports for the month stood at 2,774 vehicles, registering a growth of 83% on YoY basis. Nalinikanth Gollagunta, CEO, Automotive Division, M&M, In July, we achieved SUV sales of 49,871 units, a growth of 20%, and total vehicle sales of 83,691 units, a 26% growth compared to the same month last year. Our SUV growth has been supported by the recent launch of XUV 3XO 'REVX' Series & the commencement of deliveries for Pack two variants of the BE 6 and XUV 9E models. Further, the company's Farm Equipment Sector (FES) announced that its total tractor sales (domestic + exports) during July 2025 were at 28,708 units, up 5.50% from 27,209 units sold during the same period last year. Domestic tractor sales grew by 5.48% to 26,990 units in July 2025, compared to 25,457 units sold in July 2024. Tractor exports rose 6% to 1,718 units in July 2025, compared to 1,662 units during the same period last year. Veejay Nakra, president farm equipment business, Mahindra & Mahindra, said, We have sold 26,990 tractors in the domestic market during the month of July 2025, a growth of 5% over last year. This performance was driven by sustained land preparation activities, supported by robust cash flows in rural markets following the conclusion of Rabi crop harvesting. Additionally, the normal progression of monsoon across most regions further contributed to good demand during the onset of sowing for the Kharif season. In the exports market, we have sold 1,718 tractors, a growth of 6% over last year. M&M Group enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India. It is the world's largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. Mahindra & Mahindra's standalone net profit surged 32% to Rs 3,449.84 crore in Q1 FY26 as against Rs 2,612.63 crore recorded in Q1 FY25. Revenue from operations increased 26.1% year on year (YoY) to Rs 34,083.23 crore in the quarter ended 30 June 2025. Shares of Mahindra & Mahindra fell 1.33% to currently trade at Rs 3,160.85 on the BSE