UN Agencies to Provide Support on Major Agriculture Projects

Two specialised agencies of the United Nations (UN) are looking to further collaborate with Jamaica on four major agricultural projects that are aimed at ensuring the sustainability of the sector. Two specialised agencies of the United Nations (UN) are looking to further collaborate with Jamaica on four major agricultural projects that are aimed at ensuring the sustainability of the sector.The projects are a national fruit tree planting programme; a national drip irrigation system; a crop insurance policy for small farmers; and a national home-grown school-feeding programme.Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, said that the development comes out of discussions with representatives of the Food and Agriculture Organization (FAO), and the International Fund for Agricultural Development (IFAD).“I got two letters… one from [Crispim] Moreira of FAO, the other from the head of IFAD; two positive letters from them. [They are] ready to work with us in Jamaica,” he noted while addressing a press conference at the Jamaica Agricultural Society’s (JAS) downtown Kingston headquarters, on September 11.“There are four things on the agenda [that] are fundamental to the regrowth and development of the agricultural sector in Jamaica and the value chain going upwards into the processed food industry,” he noted.Minister Shaw said that the FAO has developed a concept paper to assist Jamaica in the areas identified.“They have established systems globally where they can have models that they can work with; models that have succeeded. The preliminary models that are being made available, I have been told they have added money to it in order to give us more acceleration for the necessary research that must be done,” he indicated.Minister Shaw noted that the four projects are critical because they not only address the production of fresh food but agro-processing as well.“So, you build the value chain… . It’s a major plan and I realise it is something that would require international support from organisations, many of whom have actually implemented these things already,” he said.Mr. Shaw said the Ministry is also looking to collaborate with other international agencies for the full implementation of the projects.The FAO leads international efforts to improve agriculture, forestry and fisheries practices, ensuring good nutrition and food security for all, while the IFAD is an international financial institution dedicated to eradicating poverty and hunger in rural areas of developing countries. The projects are a national fruit tree planting programme; a national drip irrigation system; a crop insurance policy for small farmers; and a national home-grown school-feeding programme. Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, said that the development comes out of discussions with representatives of the Food and Agriculture Organization (FAO), and the International Fund for Agricultural Development (IFAD). Story Highlights read more

Caterpillar dealer Tractors India to make underground mining equipment in Asansol

first_imgAccording to reports in The Hindu Business Line, Tractors India Pvt Ltd (TIPL) — which owns the dealership for Caterpillar earthmoving equipment in North, East and North-Eastern India, Bhutan and Nepal — is to set up an underground mining machine manufacturing plant at Asansol in West Bengal. This comes after state-owned BEML Ltd said it is looking to get into the manufacturing of underground mining equipment, using the now closed mining machinery facility of Mining and Allied Machinery Corporation (MAMC) in Durgapur for manufacture of the equipment.The proposed facility, coming up at an estimated cost of INR120 crore, is likely to go on stream between July and September 2018. The INR1,600-crore TIPL — once a subsidiary of Kolkata-based TIL — was acquired by Goodearth Minetech Pvt Ltd of Delhi for a net consideration of INR350 crore in 2016.According to Sunil Kumar Chaturvedi, Chairman and Managing Director, TIPL, the company will tie up with Caterpillar for using its technology for making this “expensive and sophisticated” equipment. “These would be specialised mining equipment covering segments where Caterpillar has exited the market,” he told The Hindu Business Line on the sidelines of Infocom 2017. While Chaturvedi did not specify the type of machines, he claimed there was a good market for these in Eastern India, Russia, Australia and Africa.“Caterpillar is more into a volume game with the US market dictating its product portfolio. But, it still owns the technology for these equipment that have demand elsewhere,” he added. TIPL is already in talks for sourcing spares and other parts of these equipment from countries in Europe, the US and India.last_img read more