- NABARD has embarked on an innovative programme with the help of the modern technology to help rural farmers across this information hurdle. It has entered into an arrangement with the Reuters Market Light (RML), a unit of Thomson Reuters group, to provide farmers with vital information regarding crop prices, weather conditions etc., by using the short messaging services (SMS) that can be sent through mobile phones
- The service will be available on all hand sets and mobile operators. As per the arrangement, RML will provide SMS service connection to members of the NABARD Farmers Club for a period of one year for which NABARD is bearing the annual subscription charges out of its Farmers Technology Transfer Fund (FTTF) a fund maintained by it to promote latest technology among farmers.
- RML have been requested by NABARD to provide to member farmers with customized information on a daily basis on spot crop prices of minimum two crops and three markets, taluk level weather forecast, crop advisory, commodity news and other relevant information on market geographies. Accordingly, RML will be seeking preferences from Farmers clubs about crops and markets of their choice for transmission of information.
NABARD has also been instrumental in the development of modern technologies for providing more up to date information regarding agricultural inputs like weather, crop prices, market conditions etc. One of the recent examples of such an initiative is the experiment in Pune, Maharashtra for developing computer software for making information available for farmers.
The Software Institute for Rural Development (SIRD), Pune, jointly funded by National Bank for Agriculture and Rural Development (NABARD) under its Rural Innovation Fund and by the Department of Science & Technology, Government of India , has developed a unique web-based software to help the farmers of Maharashtra to take investment decisions on farming operations on their land.
The software covers 65 farm and allied activities which are relevant to the agro-climatic conditions prevailing in Maharashtra. The software provides all necessary information related to the selected farm/ allied activities like the quantity and source of inputs like seeds, the farm practices to be followed (spacing of plants, soil nutrient requirements, irrigation requirements, fertilizer/ preventive pesticides applications needed, etc.), expected yield under the farm conditions, the prevailing market prices for the produce and the overall profitability of taking up the activity at farm level. This software can also be used by the financing banks for appraising the farm investments.
The Software Institute for Rural Development (SIRD), Pune, jointly funded by National Bank for Agriculture and Rural Development (NABARD) under its Rural Innovation Fund and by the Department of Science & Technology, Government of India , has developed a unique web-based software to help the farmers of Maharashtra to take investment decisions on farming operations on their land.
The software covers 65 farm and allied activities which are relevant to the agro-climatic conditions prevailing in Maharashtra. The software provides all necessary information related to the selected farm/ allied activities like the quantity and source of inputs like seeds, the farm practices to be followed (spacing of plants, soil nutrient requirements, irrigation requirements, fertilizer/ preventive pesticides applications needed, etc.), expected yield under the farm conditions, the prevailing market prices for the produce and the overall profitability of taking up the activity at farm level. This software can also be used by the financing banks for appraising the farm investments.
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