Agriculture Jlhongm

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Tag Archive: India

Modern Agricultural Techniques In India.

India is primarily an agriculture country dating back to more than ten thousand years. Today, India ranks the second largest in agricultural output worldwide. Agriculture contributes approximately 33 percent of the Gross Domestic Product and round about 70 percent of Indian population is engaged in agriculture sector. Most of the agricultural outputs including wheat, tea, coffee, cotton etc are exported to foreign countries contributing about 8.56 percent of India?s exports. About 43 per cent of geographical land is used for agricultural activity. India accounts world?s number one country in sugarcane and stood second rank in rice output.

Modern Agricultural Techniques:

With years of practice in agriculture there have been new inventions and modern techniques adopted by farmers in agriculture To spread and encourage knowledge of agriculture among the youth generation, government has even launched new programmes and courses with specialization in agriculture Modern Agricultural comprises of improved farming techniques and the using of irrigation and high-yield grains resulting into increased production. The main drawback is being the inadequate monsoon, which accounts a crucial role in influencing agricultural production in India since most of the cropped area even now does not have any assured irrigation. Although measures are being undertaken by government authorities to eradicate the inadequacy of monsoon by introducing water dams and river project for effective irrigation.

In fact, India is facing the biggest challenge of producing enough food grains to cater the increasing population of India. Hence measures are been taken to expand farmland area and with quality grains the farmers are now able to produce double output in the same amount of land.

Farmers have adopted modern improved irrigation techniques that have the potential to increase agricultural production with improved farming techniques in areas that rely on monsoon also could improve yield. Moreover, improving the use of fertilizer, especially on rain fed land, also would help to increase the production. Government of India is trying a variety of plans and strategies with sophisticated water management techniques replacing the traditional farming practices.

Agriculture Playing Important Tole In The Life Of People

India is a land of traditions and beliefs. Indian tradition is very much found of scriptures and mythology and also of art & literature, painting & folklore. India is the country where 60% of the wealth comes from farming. Agriculture and farming are the only two aspects which gives the Indian farmers health and wealth. It plays a very vital role in the economy of the country as it is the only practice which the farmers can do as it can be done on large as well as on small scale.

The word agriculture is short but its need is very vast as it plays a great role on different aspects of our lives. It provides the foundation through which people survive through the provision of food to both humans and their animals. Without agriculture, chances of survival would be minimal as both people and livestock would die out of starvation. As a result of this, agriculture has gained interest among many people, ordinary, policymakers and even researchers due to its important contribution to humanity.

Farming is done in three different categories such as Primitive Farming, Intensive Subsistence Farming, and commercial Farming. As the name suggests primitive subsistence farming is done on a small piece of land with the help of the small farming tools such as hoe and digging sticks including the family members as the labours and sometimes the community members play the part of the labours. Intensive Subsistence farming is done on high intensive area and a huge land with the help of the huge labour intense and high doses of biochemical fertilizers with the help of spraying machines and with the advanced agriculture tools and machines for the higher productivity. Commercial Farming uses the higher doses of fertilizers, high yielding variety seeds, pesticides and insecticides for the higher productivity

Agriculture industry is the basic need for many other industries such as food industry, ecosystem, and the main which is economic sector. Any country in the world that wants to be stable must provide its citizens with the food supplements. Through the different agricultural practices that are there, agriculture is the main source through which countries are able to feed their people. Through crop and livestock production, we are able to get food which is rich in nutrients needed by our bodies. As a result of agriculture, people are able to live free from deficiency diseases.The extent of destruction is influenced by the activities going on in a particular ecosystem. As population grows, more land and forests are now being cleared to create space for agricultural activities.

Federal Bank – The Private Indian Bank From Pre-independence Era

Travancore Federal Bank was the name of Federal Bank of India when it was established in the year 1931. It was inaugurated at Nedumpuram near Tiruvalla Kerala (Tiruvalla is situated south of Kottayam). It had 14 founders with Sri Oommen Varghese as the Chairman and Sri Oommen Chacko as its Manager. It functioned successfully for 10 years and then stopped all of a sudden due to health problems of the Manager Sri Oommen Chacko.

Then a Lawyer of Perumbavoor took the charge and managed it efficiently. The name of the Lawyer was K.P.Hormis. later in the year 1945 K.P. Hormis also became the Managing Director and shifted its Headquarters to Aluva. In the year 1947 the name of the bank was changed to Federal Bank. In the year 1970, it became a Scheduled Commercial Bank. After a series of mergers and acquisitions including banks at Chalakudy, Thrissur, Alleppey, Puthenpally, Thiruvananthapuram, and Kurundwad, Federal Bank became even bigger with larger financial turnovers.

It is one of the largest private sector banks and the prominent one amongst the old private group of Indian banks.

PRESENT STATUS:
Now the bank has its Headquarters at Aluva, near Kochi in Kerala. It is presently running 743 branches across 24 states in India. It now has 803 ATM’s across India. Of these 803 ATM’s there are 108 in Metro Centres, 224 in Urban Centres, 384 Semi-Urban and 87 in rural areas. There has been several high-profile sponsorships and other modes of advertisement including the title sponsorship of the popular Indian cricket franchisee Kochi Tuskers Kerala of the Indian Premier League or IPL. It is also the fourth largest bank right now in India in terms of capital base and is also listed in the London Stock Exchange in addition to the Indian stock markets Bombay Stock Exchange and National Stock Exchange.

ACHIEVEMENTS AND AWARDS:

The Federal bank of India has received many awards during its long journey since 1931 till now. Some of them are:
1. The banking technology Excellence Award for the year 2010-2011.
2. The Excellence Award for Second best bank among traditional private sector banks in Kerala.
3. The Great Mind Challenging Award for implementing the most innovative solution in Business.
4. Ranked number one in Economic Times Intelligence Group Survey.

SERVICES OFFERED:
The bank renders the following services:
1. Savings Bank Account.
2. Current Account.
3. Loans.
4. Deposits.
5. Debit Cards.
6. Fund Transfer.
7. Inward Remittance.
8. Online Bill Collection.
9. Bank Guarantee.
10. cash Management.
11. Demat Accounts.
12. Federal Pure Gold.
13. Gift Accounts.
14. Mutual Fund.
15. Safe Deposit Lockers.
16. NRI Banking Services.
17. Merchant Banking.
18. ASBA.
19. Visa Bill payment.
20. Master Card Secure Code.
21. Verified By Visa (VBV).
22. Online Tax Payment.
23. Mobile Banking -FedMobile.
24. Internet banking -FedNet.
25. Corporate FedNet.

LOANS:
It also gives Loans for various purposes like: Business, Agriculture an Rural, Housing, Educational, Travel, Personal, Car, Medical and Home Loans.

WORKING HOURS:
The Bank runs from morning 9 to evening 4 from Monday to Saturday. Sunday is a holiday. The Bank is closed on Public holidays. the timings are different for its Abu Dhabi Branch which works from 9 AM to 5:30 PM and this branch also works on Sunday.