Latest news with #JIVA
The Wire
4 days ago
- Business
- The Wire
JK Tech Appoints Vijai Ganesh as Chief Delivery Officer to Strengthen Global Delivery Excellence
NOIDA, India and BENGALURU, India, July 25, 2025 /PRNewswire/ -- JK Tech is pleased to announce the appointment of Vijai Ganesh as Chief Delivery Officer. With more than 28 years of Data and Analytics experience, Vijai has extensive experience leading and implementing complex digital transformation programs, including managing data-driven innovation at global enterprises. In his new role at JK Tech, Vijai will oversee global delivery and operations across all service lines, focusing on scalable, metric-driven execution, talent enablement, and customer value. Before joining JK Tech, Vijai was Vice President at Tredence Analytics, where he led the global delivery of Data and Analytics, delivering transformational programs across verticals. Before Tredence, he spent over 13 years at Infosys, where he held multiple senior-level roles, including Associate Vice President, Senior Director, and Delivery Head for the Telco and Hi-Tech verticals. Vijai and his teams enabled stakeholders to embrace cloud modernization and technology transformation while driving insight-led decision-making. Before that, he worked at Honeywell Technology Solutions and Ramco Systems in leadership roles, focusing on business intelligence and infrastructure for large enterprise-scale solutions, which led to efficient and effective delivery. Commenting on the appointment, Sameer Nagpal, President & CEO, JK Tech, said, "We're delighted to welcome Vijai as our Chief Delivery Officer. His proven leadership in scaling delivery operations and passion for enabling high-performing teams strongly align with JK Tech's commitment to client success. As we continue to help enterprises unlock value through AI, data engineering, cloud transformation, and intelligent automation, Vijai's expertise will be instrumental in strengthening our digital delivery engine and ensuring consistent, high-impact outcomes for our clients." Talking about his new role, Vijai Ganesh, said, "I am thrilled to be joining JK Tech at a time when intelligent automation and Agentic AI are changing the landscape of enterprise delivery. My ambition is to create a delivery engine that is not only performant, but also adapts quickly, is data-driven, people-powered, and oriented to real outcomes for the business." About JK Tech JK Tech is a Gen AI-focused data services organization dedicated to empowering enterprises in the Retail, CPG, and Financial Services industries. Through its strategic partnership with Google Cloud, JK Tech helps clients unlock the full potential of their data, enabling actionable insights, automation, and sustainable growth. JK Tech's flagship platform solution, JIVA, serves as a cornerstone for transforming business operations and achieving measurable ROI. To learn more, visit Find JK Tech on Twitter, LinkedIn Photo: Logo: (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI This is an auto-published feed from PTI with no editorial input from The Wire.
The Hindu
16-07-2025
- Business
- The Hindu
Extend necessary credit to farmers: Agriculture Minister
Agriculture Minister Tummala Nageswara Rao has called upon banks to extend necessary credit facilities to the farming community in time and in sufficient quantity. Farmers will repay their loans under any circumstances, he declared, addressing the 44th Foundation Day celebrations of the National Bank for Agriculture and Rural Development (NABARD) organised by the bank's Telangana Regional Office here on Tuesday. Appreciating the role of NABARD in improving the credit flow to the agriculture sector, the Minister also urged the banks to lend to agriculture or any other allied activity. Noting that NABARD had played an excellent role in changing the banking sector, particularly the rural cooperative institutions and the regional rural banks, Mr. Rao sought bank support for provision of infrastructure to agriculture and horticulture universities in Telangana. He also recalled NABARD's assistance for completion of 30 medium irrigation projects that were languishing for lack of budgetary allocation at that time. Chief General Manager, NABARD, Telangana, B. Uday Bhaskar said as a development financial institution NABARD is into financial, development and supervisory roles. The bank supports various irrigation, connectivity and school projects under its Rural Infrastructure Development Fund (RIDF) to the tune of ₹1,100 crore. He said NABARD has refinanced to the extent of ₹9,673 crore as refinance support for self help groups. It is also supporting focus on natural farming through its JIVA programme. The bank is also the National Implementing Agency for the Climate Change Fund and actively involved in policy framing and implementation of climate change-related projects in the country. The CGM said NABARD has supported 23 rural haats with an assistance of ₹72.86 crore and 43 rural marts with ₹72.12 crore, conducted more than 200 skill development programmes benefiting over 4,500 rural youth and 25,000 SHG women in Telangana. NABARD has taken up the task of computerisation of PACS. He said RRB and cooperative banks in Telangana are ahead in computerisation of operations. TGCAB president M. Ravindar Rao thanked NABARD for implementing innovative programmes at the grassroots level. Registrar of Cooperative Societies Surendra Mohan told the gathering that the Telangana government accords top priority to rural development and development of women and farmers. NABARD has stood with the State government in modernising, revitalising and expanding the cooperative landscape. A total of 289 PACS in Telangana have been strengthened through refinance and infrastructure development, including the world's largest grain storage project in Gambhiraopet PACS. NAFSCOB Chairman K Ravinder and State Bank of Hyderabad, Hyderabad Circle, CGM Radhakrishnan spoke. A booklet on Unit Cost that works as a handbook for bankers to decide the credit for various agriculture and allied activities, a report on the Impact Evaluation Study on Farmer Producers Organisations and a booklet on a-IDEA of NAARM were released.
Hans India
16-07-2025
- Business
- Hans India
Minister urges banks to boost lending for farm sector
Hyderabad: Telangana's Agriculture Minister Tummala Nageswara Rao has assured that farmers will repay their loans under any circumstances, urging banks to extend necessary credit facilities to the farming community. Participating in NABARD's 44th Foundation Day celebrations, the Minister requested banks to lend where they foresee development, whether in agriculture or any allied activity. He also appealed for the provision of infrastructure to Agriculture and Horticulture Universities in Telangana. He recalled NABARD's crucial assistance in completing 30 medium irrigation projects that had been languishing due to a lack of budgetary allocation at the time. B Uday Bhaskar, Chief General Manager, NABARD, stated that this year's Foundation Day is particularly special as NABARD is celebrating a decade of transforming rural lives in Telangana. He noted that the institution has refinanced to the extent of Rs 9,673 Crore as refinance support for Self-Help Groups (SHGs). NABARD is also focusing on natural farming through its JIVA programme. M Ravindar Rao, President, Telangana State Cooperative Apex Bank (TGCAB), mentioned that many programmes are being undertaken in the Cooperative Sector in the State with NABARD's assistance. He specifically highlighted assistance of Rs 200 Crore for strengthening Primary Agricultural Credit Societies (PACS), enabling them to undertake construction of godowns, petrol pumps, and other facilities. Surendra Mohan, IAS, Registrar of Cooperative Societies, affirmed that the state government gives top priority to rural development and the advancement of women and farmers.
Scroll.in
28-05-2025
- General
- Scroll.in
Farmer seek MSP for natural farming produce
Devlal Munda, who lives in Kaudi village of Ramgarh district in Jharkhand, was doing chemical farming on his 1.5-acre ancestral land till 2023. Due to the extensive use of chemical fertilisers and the vagaries of climate change, the quality of soil started deteriorating. Farm-friendly insects had also started disappearing from his farm. The yield was good, but the expenditure on fertilisers was increasing year after year, which started bothering him. In the same year, he came to know about the agroecology-based programme, JIVA, launched by the National Bank for Agriculture and Rural Development to promote natural farming. It was being promoted by the Gramin Seva Sangh and the Patratu Tribal Project Development Committee, with the help of the national agriculture and rural development bank. Six villages – Lem, Bicha, Armadag, Jobo, Kodi and Lowadih – from Saki, Baridih and Bicha panchayats in Patratu block – were selected for the implementation of this scheme. 'In this project, which was started with the help of Rs 30 lakh from NABARD, farmers were trained to adopt natural farming. They were taught how to make cow dung manure and seeds were provided to them for free,' Vilas Sathe, Gramin Seva Sangh secretary, told Mongabay India. Munda decided to take advantage of this scheme. However, he had to face many difficulties. Market is the weakest link In 2023, 80 farmers, including Munda, from six villages started practising natural farming on parts of their ancestral land. By the next year, the number of these farmers increased to 125. They started growing vegetables in their baris (kitchen gardens) along with paddy. Since initially there were not many indigenous paddy seeds available for natural cultivation, these farmers kept their produce for consumption and sale as seeds. They adopted the same method in 2024 as well. But this year, their problems are going to increase. Munda told Mongabay India, 'When the seeds are available to everyone, then who will buy them? We are all trying to find a market for paddy. But for this, the production will have to be increased and one-fourth of the farmers of the area will have to be connected to natural farming.' Ram Kumar Oraon, who lives in the nearby Bichha village, told Mongabay India, 'We are going to the market, but no one is ready to buy our paddy. Traders say that our produce is coarse. Our ask is that if the government rate is Rs 22- Rs 23, we should get Rs 28- Rs 30.' A three-year study conducted by the Indian Council of Agricultural Research and the Indian Institute of Farming Systems and Research mentions that medium and small farmers in India do not have any marketing channels to sell their produce directly to consumers. Thus, farmers practicing Zero Budget Natural Farming face real constraints in marketing their produce, which impacts their income. When the National Mission on Natural Farming was launched in November 2024, it mentioned that farmers would be provided with an easy certification system and uniform branding so that their natural farm produce could reach the market. The plan was to enable their natural farming produce to reach the market. It will be geo-tagged and referenced in real-time through an online portal. However, Ishtiyaq Ahmed, who is associated with the 'Regenerative Bihar' campaign and works with 3,000 farmers, told Mongabay India, 'Nearly 86%-87% farmers in India are marginal farmers. They do not have the capacity to take their produce to the market on their own, as they use most of it themselves. In such a situation, creating a strong chain of aggregators is more important than branding products.' Experts suggest that there is a need to come up with innovative ways of linking the market to the farmers. Ahmed says, 'We distribute meals in school under the mid-day meal scheme as well as in Anganwadis. We can connect the farmers who have adopted natural farming to these schemes. We already have readymade markets in villages. We must think innovatively now.' Elaborating on practical difficulties, Oraon says, 'We did talk to some schools about buying Ragi. They are buying the flour for Rs 45 per kg. On the other hand, we sell our ragi crop Rs 45. Buying flour, cleaning it and grinding it reduces the price by 10%-12%. It includes labour costs as well. Our flour was costing Rs 60 per kg.' The farmers also face a lot of difficulties while selling organically-produced vegetables. Unlike paddy, it is very difficult to store vegetables for even a day or two due to the lack of cold storage facilities in villages. In such a situation, they have to sell their vegetables at the same rate as the chemically-grown vegetables, that too in their villages. 'Right now, no big company is buying vegetables from us,' says Munda. 'We are not able to sell vegetables commercially. We face more problems selling than growing. The problem is that our products are not getting enough recognition. Even if people are keen to buy, they get discouraged after looking at the rates.' However, food and agriculture policy expert Devinder Sharma has a slightly different opinion. He tells Mongabay India, 'Farming has a price. We have left it to the environment. For every kilo of food we consume, we cause three times more damage to the environment. People need to be made aware of that cost. The government needs to start a campaign to raise awareness.' Separate support price In India, agricultural policy is primarily built around Minimum Support Price, a system that was introduced in the 1960s. Back in the day, the objective was to motivate farmers to grow crops like rice and wheat with the help of new technology after the Green Revolution. The aim was to protect farmers from market uncertainties and get them a better price for their produce. At present, 22 crops are included in this scheme. If we talk about paddy, the support price of the normal variety of paddy has increased by Rs 243 in three crop years. However, there is no mention of a separate MSP in the National Mission on Natural Farming. It does, however, mention that natural farming methods will help farmers reduce the cost of cultivation and their dependence on resources purchased from outside. 'There should be a separate system for MSP. The indigenous crops being produced using natural farming methods should get a higher rate than chemically-produced crops. We should get at least 20% to 25% more,' demands Oraon. Agricultural experts also agree with Oraon. Ahmed says, 'Just promoting it will not do anything. We do not have MSP for natural farming. There is no system of government procurement. So, how will we get a different rate?' The main objective of promoting natural farming is to save agriculture from the ill effects of climate change. That is why experts like Sharma suggest adding environmental value to it. He says, 'The price that natural farming should be fetching needs to be seen from the perspective of ecosystem service. Natural farming improves the quality of soil and helps save water, so its value should be determined. It should then be linked to MSP. Until and unless incentives are spelled out, farmers will not be encouraged to take it up.' Seeds and natural fertilisers Natural farming is not a new concept in India or in the tribal- dominated state of Jharkhand. Farmers have been farming in the traditional way for generations. But, in the 1960s, the Green Revolution was adopted with the aim of becoming self-sufficient in grain production and the yield increased manifold. Due to this, indigenous seeds also started vanishing. If we talk only about paddy, then we have lost about 94% of our rice varieties. This is why when farmers from Kaudi village of Ramgarh district went out in search of indigenous paddy seeds in 2023, they found only three varieties. Munda says that in 2024, the number went up from three to five. 'To tackle the issue of vanishing seeds, an exhibition of indigenous seeds was organised in Kaudi village in 2023. Those who donated indigenous seeds were rewarded,' informs Sathe. Another practical problem is regarding cow dung manure. Although there is an emphasis on the use of dung of indigenous cows in natural farming, farmers are using dung of all kinds of cattle. Munda says that it is very difficult to do natural farming by relying only on cow dung. Balkrishna Jha, a scientist associated with natural farming at the Ranchi Research Centre of the Indian Council of Agricultural Research, told Mongabay, 'Decrease in livestock led to a scarcity of natural fertilisers, hence farmers switched to chemical fertilisers. In addition, 10 to 15 tonnes of cow dung manure is needed for one hectare. It is a bit difficult to carry so much manure. Farmers can easily bring a bag of manure on a bicycle or bike.' Although natural farming is cost-effective, the yield is also less in the initial years. Hence, the study by Indian Council of Agricultural Research and the Indian Institute of Farming Systems emphasises on a large-scale assessment before trying out natural farming.
Yahoo
17-04-2025
- Business
- Yahoo
JK Tech and Inveniam Forge Strategic Partnership to Transform Alternative Investments with Blockchain and AI
NEW DELHI, April 17, 2025 /PRNewswire/ -- JK Tech, a global leader in AI-powered digital transformation solutions, and Inveniam, a pioneering data integrity platform for private market assets, today announced a strategic partnership to revolutionize alternative investments through blockchain and AI technology. The collaboration will develop Inveniam's next-generation platform for alternative investments, integrating JK Tech's IP to enhance structured data capabilities while leveraging JK Tech's advanced engineering expertise with Inveniam's private market data operations orchestration. This partnership will set new standards for efficiency and trust in private market investments, addressing the growing demand for real-time data processing in digital markets. JK Tech will integrate its Generative AI solution, JIVA, into the Inveniam platform, empowering institutional investors, asset managers, and financial firms with enhanced automation, data-driven insights, and intelligent decision-making capabilities. Both companies are making significant joint investments to expand across key markets in the US, Abu Dhabi, and India. "This partnership with Inveniam exemplifies JK Tech's commitment to driving innovation in financial services," stated Sameer Nagpal, President & CEO of JK Tech. "By integrating JIVA with Inveniam's platform, we are enabling AI-driven automation and data integrity at an unprecedented scale, fundamentally transforming how alternative investments are managed and valued." Patrick O'Meara, Chairman & CEO of Inveniam, added, "At Inveniam, we are dedicated to reshaping private markets at the intersection of blockchain and AI. JK Tech's world-class Jiva solution and their expertise in digital engineering significantly strengthens our ability to deliver a transparent, scalable, and automated future for alternative investments." The partnership will deliver AI-driven decision-making through advanced analytics, enhanced data integrity via blockchain, scalable global expansion, and automated investment workflows, empowering financial institutions with greater accuracy in managing alternative investments. About JK Tech JK Tech is a Gen AI-focused data services organization empowering enterprises in Retail, CPG, and Financial Services through its strategic partnership with Google Cloud and flagship platform solution, JIVA. Visit About Inveniam Inveniam is a data operating system for private market assets, bringing access, transparency, and trust to asset performance data. The company is building the foundation for scalable AI integration, data marketplaces in private finance, and the systematic trading of private market assets. View original content to download multimedia: SOURCE Inveniam Capital Partners Sign in to access your portfolio
