Discover and read the best of Twitter Threads about #tractor

Most recents (6)

#Domestic #Tractor Sales hit a record high of 9.44 lakh units in FY23, up 12% when compared to last year.

Higher tractor sales means #farmers are turning #prosperous, investing more on #mechanisation and #transportation. It also indicates an increase in total sown area. Image
Domestic #Tractor sales hit record high in FY23

𝐘𝐞𝐚𝐫 𝐔𝐧𝐢𝐭
Y17-18 726026
Y18-19 784930
Y19-20 707533
Y20-21 899683
Y21-22 842196
𝗬𝟮𝟮-𝟮𝟯 𝟵𝟰𝟰𝟬𝟬𝟬

Major Reason:

- Rise in MSP🚀
- Increased farm income due to rise in MSP.📈 Image
- Another year of above average monsoon by the grace of Maa Bharti.

Technological advancements in the high horsepower (HP) tractor segment have also played a significant role in driving sales. Manufacturers have introduced innovative features and improved functionalities in high Image
Read 4 tweets
#WFIRA2021 Ready for the 2nd day of the world #AgRobotics Forum, packed with demos and round tables. Stay tuned for more @FIRA_team
#WFIRA2021 A series of 3 lightweight full electric small tractors for frequent (repetitive) crop management practices in (organic) vineyards and row crops. Bonus: solar panel roof for the recharge on the go. Demo at @FIRA_team 2021 by @SAS_SabiAgri
#WFIRA2021 #Trektor is a hybrid autonomous tractor now on live demo from Nantes during the World #AgRobotics Forum @FIRA_team
Diesel power generator and electrical batteries allow for flexibility.
Greenhouse horticulture and vineyards are the first applications.
Read 13 tweets
Rural Broadband project, #BharatNet,rolled out by @narendramodi govt,to be implemented via PPP model,will ensure,every inhabited village in 16 States will have Optical Fibre Connectivity,with overall cost at 19041 Cr

3.61 lakh villages will get broadband,OTT&Multi media Services Image
On economic front,good news is,for FY21,India saw Current Account Surplus (CAS) of 0.9% of GDP,versus Current Account Deficit (CAD) of 0.9% in FY20

Under inept #Congress,#CAD rose to 6.8% in 2013 but it has been less than 2% in last 7yrs,under @narendramodi govt,which bodes well
Just look at the kind of transformative work being done by @narendramodi &his team

PM Matsya Sampada Yojana to boost #Pisciculture,with a Rs 20000 Cr corpus &subsidy in the range of 40%-60%,is a huge boost to agri&allied services sector

#Modinomics #PMModi #ModiHaiTohMumkinHai Image
Read 9 tweets
#AxisBank has raised 10000Cr via #QIP,at Rs 420.10,which is 5% discount to lower end of band

15000Cr,recently raised by #YesBank

In last 6 months,52000Cr raised by #Banks--#CapitalAdequacy will be key in dealing with post #Covid stress

Great move by banks to shore up Capital💪
#ICICIBank wanted to raise 15000Cr but got bids worth 62000Cr today at floor price of 351.36/-

Within few hours of opening,due to huge oversubscription,#QIP was closed

Clearly,there is no dearth of liquidity in the markets

90000Cr raked in by #DebtFunds in July'20
Lot has been written about #BoB's loss of 864Cr in June qtr,from 710Cr profit,YoY

Like i have been saying,most Banks now focus on #AssetQuality&not just Profits

BoB hiked #Provisions by 54% on standard loans,to cover for future losses

In 2013,Banks were doing the opposite😑
Read 7 tweets
1/ Here’s what I found touring farming businesses around Newark and #Nottinghamshire yesterday for @ffc_commmission #ffccontheroad (Grateful for my @CoticLtd bike!) #food #farming #countryside
2/ Farming dominates the rural landscape. But in most rural areas more people work in industry than agriculture. #ffccontheroad
3/ Farmers told me that while their generation has had to diversify not only farm activity, but their own skill set. They need to be mechanics, accountants, labourers, investors, land managers and entrepreneurs. They typically have fewer staff than their parent’s generation.
Read 11 tweets

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