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9 Alternatives to Investing in the Stock Market

[ad_1] I often get asked by people, “What are some good alternatives to investing in the stock market?”  As a former financial derivatives trader who was in the market 24/7 through the “Great Recession”, I uniquely understand the ups and downs of public markets. I’ve also been actively investing in alternative asset classes for over 12 years.  When people ask me about stock market alternatives, they’re usually coming from three main camps: Seeing the ups and downs of the market each day is too much for them psychologically. They’re young, have lived through multiple busts, and basically seen the stock market go nowhere in their young lives. They have a desire to get involved in something that’s tangible or that they can control more directly.  After 12 years of seeking out stock market alternatives, I’ve seen a lot so I wanted to share a number of good alternatives that you could gain tangible experience with today. I have personally invested in all of these ideas in some form or another. Whether you have $1,000, $10,000 or $100,000, there are great options for anyone. 1. Real Estate Real estate has been a solid investment for decades. Although there are occasional busts, usually they’re localized and preceded by a frenzy of buying, such as in areas like San Francisco recently. There are a number of ways to invest in real estate. I bought my first commercial property in 2010 from a bank that had to foreclose on it. We turned it around through a lot of hard work, and it’s paid off nicely. GET STARTED WITH FUNDRISE Jeff goes into great detail in his full Fundrise review which is worth checking out, too. Here are some other options for investing in different types of real estate: Farmland – Acretrader Single-family homes – Roofstock Commercial – RealtyMogul ($5,000 minimum) 2. Your Own Home Housing is booming and looking at the state of monetary policy right now, it should continue to boom. Interest rates are at historic lows, so borrowing has never been cheaper. You can put an addition onto your home, buy a better quality home, or simply refinance your mortgage now at a lower rate and return a good amount of cash. I know people who have refinanced their homes into 15-year fixed mortgages and will save over $100,000 over the life of the loan! #ap7431-ww{padding-top:20px;position:relative;text-align:center;font-size:12px;font-family:Lato,Arial,sans-serif}#ap7431-ww #ap7431-ww-indicator{text-align:right}#ap7431-ww #ap7431-ww-indicator-wrapper{display:inline-flex;align-items:center;justify-content:flex-end}#ap7431-ww #ap7431-ww-indicator-wrapper:hover #ap7431-ww-text{display:block}#ap7431-ww #ap7431-ww-indicator-wrapper:hover #ap7431-ww-label{display:none}#ap7431-ww #ap7431-ww-text{margin:auto 3px auto auto}#ap7431-ww #ap7431-ww-label{margin-left:4px;margin-right:3px}#ap7431-ww #ap7431-ww-icon{margin:auto;padding:1px;display:inline-block;width:15px;height:15px;min-width:15px;min-height:15px;cursor:pointer}#ap7431-ww #ap7431-ww-icon img{vertical-align:middle;width:15px;height:15px;min-width:15px;min-height:15px}#ap7431-ww #ap7431-ww-text-bottom{margin:5px}#ap7431-ww #ap7431-ww-text{display:none}#ap7431-ww #ap7431-ww-icon img{text-indent:-9999px;color:transparent} Ads by Money. We may be compensated if you click this ad.Ad #ap7431-w-map{max-width:600px;padding:20px 0 10px;margin:0 auto;text-align:center;font-family:”Lato”, Arial, Roboto, sans-serif}#ap7431-w-map #ap7431-w-map-title{color:#212529;font-size:18px;font-weight:700;line-height:27px}#ap7431-w-map #ap7431-w-map-subtitle{color:#9b9b9b;font-size:16px;font-style:italic;line-height:24px}#ap7431-w-map #ap7431-w-disclosure{margin-top:10px;font-size:12px;color:#9b9b9b}#ap7431-w-map #ap7431-w-map-map{max-width:98%;width:100%;height:0;padding-bottom:65%;margin-bottom:20px;position:relative}#ap7431-w-map #ap7431-w-map-map svg{position:absolute;left:0;top:0}#ap7431-w-map #ap7431-w-map-map svg path{fill:#e3efff;stroke:#9b9b9b;pointer-events:all;transition:fill 0.6s ease-in, stroke 0.6s ease-in, stroke-width 0.6s ease-in}#ap7431-w-map #ap7431-w-map-map svg path:hover{stroke:#1261C9;stroke-width:2px;stroke-linejoin:round;fill:#1261C9;cursor:pointer}#ap7431-w-map #ap7431-w-map-map svg g rect{fill:#e3efff;stroke:#9b9b9b;pointer-events:all;transition:fill 0.6s ease-in, stroke 0.6s ease-in, stroke-width 0.6s ease-in}#ap7431-w-map #ap7431-w-map-map svg g text{fill:#000;text-anchor:middle;font:10px Arial;transition:fill 0.6s ease-in}#ap7431-w-map #ap7431-w-map-map svg g .ap00646-w-map-state{display:none}#ap7431-w-map #ap7431-w-map-map svg g .ap00646-w-map-state rect{stroke:#1261C9;stroke-width:2px;stroke-linejoin:round;fill:#1261C9}#ap7431-w-map #ap7431-w-map-map svg g .ap00646-w-map-state text{fill:#fff;font:19px Arial;font-weight:bold}#ap7431-w-map #ap7431-w-map-map svg g:hover{cursor:pointer}#ap7431-w-map #ap7431-w-map-map svg g:hover rect{stroke:#1261C9;stroke-width:2px;stroke-linejoin:round;fill:#1261C9}#ap7431-w-map #ap7431-w-map-map svg g:hover text{fill:#fff}#ap7431-w-map #ap7431-w-map-map svg g:hover .ap00646-w-map-state{display:initial}#ap7431-w-map #ap7431-w-map-btn{padding:9px 41px;display:inline-block;color:#fff;font-size:16px;line-height:1.25;text-decoration:none;background-color:#1261c9;border-radius:2px}#ap7431-w-map #ap7431-w-map-btn:hover{color:#fff;background-color:#508fc9} How Much Is Your Home Worth In A Refinance? Select your state to get started HawaiiAlaskaFloridaSouth CarolinaGeorgiaAlabamaNorth CarolinaTennesseeRIRhode IslandCTConnecticutMAMassachusettsMaineNHNew HampshireVTVermontNew YorkNJNew JerseyDEDelawareMDMarylandWest VirginiaOhioMichiganArizonaNevadaUtahColoradoNew MexicoSouth DakotaIowaIndianaIllinoisMinnesotaWisconsinMissouriLouisianaVirginiaDCWashington DCIdahoCaliforniaNorth DakotaWashingtonOregonMontanaWyomingNebraskaKansasOklahomaPennsylvaniaKentuckyMississippiArkansasTexas Get a Free Quote 3. Peer-to-Peer Lending A third stock market alternative that I’m partial to is peer-to-peer lending. If you’re not familiar with peer-to-peer lending, it’s relatively new, but has definitely gained a lot of traction in the last couple of years. There are a few big players in the space, but the top two that you’ll want to check out are Lending Club and Prosper. Jeff has a Lending Club account and has done very well with it.  Really quick — what is peer-to-peer lending? It’s exactly how it sounds. You’re lending money to a peer and then you’re getting paid the interest rate. Essentially, you’ve just become the banker to the borrower. It feels nice sitting on that side of the equation for a change. 🙂 Let’s say you invest a thousand dollars in Lending Club. Of those thousand dollars, only $25 would go to one individual borrower, so if that borrower defaults you don’t lose a whole lot of money. Think of it as buying stock in a mutual fund. If one of those stocks in that mutual fund goes belly up, you still have 99+ stocks in that mutual fund still making you money. The same thing happens with Lending Club, and that’s why I like it. It’s diversification; you’re not putting all of your loans into one basket. Again, Jeff’s done pretty well with it which you can see in his Lending Club Review. He’s averaged between an 8.5% to 9.5% return as of today, so it’s definitely worth checking out as a stock market alternative. 4. Gold, Silver, and Other Commodities Precious metals like gold are usually bought in times of extreme financial system stress (the world is ending scenarios) or when high inflation is expected. So, they tend to correlate less with other financial assets. Currently, gold is over $2,000 an ounce! This is being driven by stimulative monetary policy around the world.  Other commodities, like copper, aluminum, or grains tend to track along with the economic activity. Since these investments don’t really distribute any cash, they’re often considered riskier investments; however, most portfolio managers advise having some exposure to commodities.  You can buy physical commodities or you can invest in financial ETFs that track the physical price. GLD is a gold ETF. ETFs for metals and commodities can be bought through any online brokerage account. 5. Cryptocurrency This one scares people, but I continue to believe in certain cryptos for the long run as digital money native to the internet.  I’ve invested in cryptocurrency since 2014, and while I’ve traded in and out of many currencies, I’ve held a core position in Bitcoin, Ethereum, and a few others. Bitcoin, in particular, has been around since 2011, and use cases continue to improve. Luckily, I’ve been able to make some significant

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A Peek Into This Past Week (+ my 6 goals for this week)

[ad_1] I shared this on Instagram this past week… What I wish people knew about having a child with special needs (things I’ve learned so far in 13 months)… It can feel lonely. The life of doctor’s appointments and testing and therapies and meds and always having something you are concerned about can feel isolating. You see all these other children hitting milestones and excelling and parents talking about futures all while you are wondering if your child will ever walk or talk. A lot of people are awkward. You get stares and glances but people often don’t engage. It’s more common that people look and then look away instead of coming up to you or saying something (or even just genuinely smiling). (It’s also very common that people will come up to us and gush about how cute Kierstyn is and not say one word about D — even if he’s right there.) You are so proud of your child — and you wish people would take the time to really get to know them for who they are and not just see them for their diagnosis. You wish people would just come up and talk to you and interact with your child instead of avoiding you because it makes them uncomfortable. You think a lot about the future. How will your child be treated in 8, 15, 25 years? Will they have friends? Will they be bullied or hurt? Will they ever get invited to things? Your heart breaks thinking of all they may not be able to do and how they might be treated. There are days when it’s really hard. There are setbacks and discouragements. There are doctor’s visits and test results that are overwhelming and gut-punching. But you wouldn’t trade any of it for the GIFT of being your child’s parent. You are fiercely and madly in love with them. You wish the whole world could know the joy that they bring and the blessing that they are. And you will shout from the rooftops and advocate like no one’s business to help others realize that your child has so much value and worth and anyone who doesn’t get to know them and love them is missing out. She’s growing up so much!! Jesse and I went to a dinner that the nonprofit I’m the board president of put on. It was SUCH a beautiful evening and I’m so honored and grateful to get to be part of this foster care nonprofit! All this weekend, I was at a girls only camp with all of the girls in our youth group. It was a packed weekend (and quite a lot for this 7 1/2 months pregnant mama!) but also such a wonderful weekend getting to pour into the six girls in the small group I co-lead. Afternoon crafts with my small group. The camp was in Mentone, AL and it was a new-to-us campground that we loved! We got to babysit for Champ yesterday while his mama worked. This is a blurry picture, but here’s how he and Kierstyn greeted each other. These two are always busy together! We all loaded up in the car and fit the three big kids in the back, three car seats in the middle, and the parents in front! He’s talking so much more and when we took him for a wagon ride, he said: “I yike it!!” (“I like it” — it was so cute!) Watching Jesse pour into this boy and his mama is one of the most heartwarming things ever. I thought I was so in love with him when we married over 19 years ago… but seeing him as a dad and foster dad has made me fall so much more in love! My 6 Goals for Last Week Personal Goals Delete 1000 photos and videos from my phone. Finish cleaning out our bathroom closet with all the medicines/hygiene products (follow along on Instagram for details!) Reading Goals Finish listening to Chasing Fireflies. Business/Blogging Goals Do a post on the books I chose to read in April. Rewrite/edit chapters 7-9 of my next book. Finish and submit devotional Proverbs31.org. My 6 Goals for This Week Personal Goals Delete 1000 photos and videos from my phone. Finish cleaning out our game closet (follow along on Instagram for details!) Make an Easter craft with Kierstyn. Reading Goals Finish listening to The Four Winds. Business/Blogging Goals Rewrite last chapter of book + conclusion. Finish and submit devotional Proverbs31.org. [ad_2] Source link

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Blue Star to review prices in June, may roll back hike if commodity prices come down

[ad_1] Air-conditioning and commercial refrigeration major Blue Star on Wednesday said the company has taken a price increase of 2-3% in April for its range of products and the next review will be done in June. It may roll back the price increase if the prices of commodities like copper, aluminium and steel register a decrease at the time of review, B Thiagarajan, MD, Blue Star, told FE. Pointing out that companies, including Blue Star, resorted to price hikes of the products owing to escalation of prices of commodities, he said, it was the duty of the firms to cut down prices when their input costs decrease. “We have to rightly do it, especially when competition is there in the marketplace,” Thiagarajan said. Blue Star had previously said that it has material in stock till June. The company had hiked prices in April, July and October months of 2021 and the latest being in April. Thiagarajan was in Chennai to announce the launching of its new world-class deep freezer manufacturing facility at Wada in Maharashtra which will give the company a doubled production capacity and a major leg-up in the commercial air-conditioning space. The Wada factory, purpose-built to cater to the production of the commercial refrigeration products and solutions, in particular deep freezers and water coolers, is fully equipped with the latest advanced manufacturing systems and has global best practices in its operations. Blue Star has built the factory at an investment of around Rs 130 crore, on a built-up area of around 19,300 sq m, and can produce around 2,00,000 deep freezers and 1,00,000 storage water coolers per annum. Thiagarajan said: “The commercial refrigeration segment is going to explode on the back of rising consumption of perishables in general, and food and medicines, in particular. This is further expected to increase the demand for refrigeration products and we are very well poised to tap these, on the backdrop of our rich pedigree, deep domain knowledge, and best-in-class ranges of products and solutions, suitable for customers across the entire cold value chain.” Blue Star has been offering a wide spectrum of commercial refrigeration products and cold chain equipment catering to various segments such as pharmaceutical and healthcare, agriculture, dairy, ice-cream, processed foods, seafood and meat processing, horticulture, banana ripening, hotels, restaurants, fast-food chains, quick service restaurants, retail outlets, and several institutional clients. The company’s range of commercial refrigeration products is extensive and includes deep freezers, bottle coolers, storage water coolers, bottled water dispensers, modular cold rooms, commercial kitchen refrigeration equipment, medical refrigeration equipment such as medical freezers, ultra-low temperature freezers, pharma refrigerators, blood bank refrigerators, ice lined refrigerators, vaccine transporters, mortuary chambers, and supermarket refrigeration equipment, covering all that is required in a typical supermarket. The products are sold through a specialised channel network, trained to understand customer needs, and capable of installation and after-sales service. Currently, Blue Star has around 1,500 trained channel partners for commercial refrigeration, spanning across cities in India, with 50% of them present in tier 3, 4, 5, and 6 markets. [ad_2] Source link

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The growing threat of phishing attacks on the mortgage industry

[ad_1] Phishing remains the go-to attack for hackers targeting the mortgage and real estate industries. Loan officers and mortgage executives alike continue to click on links in seemingly routine emails, ultimately giving bad actors complete access to lenders’ systems and mortgage transactions. Such mistakes can cost companies millions of dollars and expose sensitive data from millions of customers. Phishing schemes continue to be the most prominent form of attack on the mortgage industry because hackers have many avenues of planting themselves into a mortgage transaction, according to a panel of mortgage executives speaking at the Mortgage Bankers Association’s Technology Solutions Conference & Expo 2022 in Las Vegas this week. And those hackers are getting smarter every year. Michele Buschman, chief information officer at American Pacific Mortgage, said that hackers will insert themselves within a mortgage transaction and pretend to either be a real estate agent, a title escrow company, or the LO, and send an email asking the borrower for a wire transfer, or will send them a link that needs to be clicked on. “It takes just one person in the transaction to have their email account compromised and they are able to mimic the signature of the LO or the lenders logo,” said Buschman. “They make this look so real that it’s difficult for a consumer to identify that it’s a fake.” David Townsend, CEO of Agent National Title Insurance.Co., a national title insurance underwriting company, said that a lot of the time the weak link in a phishing scheme is the real estate agent. “Believe it or not, a lot of real estate agents are still using AOL emails,” Townsend said. “Nonsecure emails are most rampant among real estate agents and they have their emails on their signs, so it’s easy to get this readily identifiable information.” These emails can easily be spoofed and used for phishing schemes. Adam Chaudhary, president at FundingShield, a fraud preventions solutions fintech, said that data is disparately distributed among lenders, title and production systems and real estate companies , which presents ample opportunity for hackers. “You have multiple parties coming to a closing table with different levels of security and with a single motivation to close the thing as fast as they can…that presents cybersecurity challenges,” Chaudhary said. He noted that housing agencies have voiced an intention to better track cybersecurity breaches among lenders and their vendors. Chaudhary said that Freddie Mac recently sent FundingShield a letter asking the fintech to disclose any cyberattacks that may have impacted customers. “We are so centrally located in the ecosystem providing protections across the landscape to lenders that are contracting third-party services,” said Chaudhary. “They want us to disclose if we have any knowledge of a cybersecurity breach or data breach, even if we think it may happen.” Freddie Mac did not immediately respond to a request for comment. Buschman also noted that phishing attempts have noticeably increased at APM since Russia’s invasion of Ukraine in late February. However, she added that she couldn’t confidently state whether there is a correlation. In March, cybersecurity experts pointed to an increase in cyberattacks, with some speculating that these attacks were coming from Russia or China. To avoid hacks, the panel recommended creating a “human firewall” by educating consumers and everyone involved in the mortgage transaction about the potential for spoofed emails. The panel also said that multi-factor authentication and patching outdated systems is a must. The post The growing threat of phishing attacks on the mortgage industry appeared first on HousingWire. [ad_2] Source link

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Tada Review

[ad_1] The post Tada Review appeared first on Millennial Money. Cash-back platforms come in all shapes and sizes.  If you’ve read my blog before, you know some of these sites are legit, while others aren’t. The key is to sift through the noise and find the ones that put real money in your pocket.  In this post, you’ll get a closer look at Tada — a cash-back app that hooks you up with free gift cards and money back whenever you shop online.  Let’s start with an overview of Tada and how you can make money using it. Overall Rating Pros Free to use Decent sign-up bonus Cash, check, or gift card payouts Well-rated iOS app Cons Low earning potential You have to spend money to get cash back No referral bonus What Is Tada? Tada, formerly known as Shoply, is a cash-back app owned by Prodege.  You might already be familiar with Prodege because it owns several of the most popular rewards platforms on the internet — including Swagbucks, InboxDollars, and MyPoints. Tada is a similar affiliate marketing business that connects its members with third-party advertisers and products. Using the Tada app or web portal, you can shop for cash-back deals, score discounts, or print out coupons before heading to the store.  Now that you have a better idea of what Tada is, let’s take a look at how the platform works.  How Tada Works In many ways, Tada’s structure is similar to Protege’s flagship brands. You can see this just by looking at the home page, which is nearly identical to the other sites.  So why the heck would anyone want to use Tada? What sets this site apart from its sister sites is simplicity.  While most other Prodege platforms are littered with different ways to earn points, Tada specializes in cash-back shopping and nothing else.  As a member, you’ll get access to the Tada online marketplace, where you can earn a cash-back percentage by shopping at its partner retailers. Rewards are automatically credited to your Tada account any time you make a purchase through the portal. Once you’ve built up enough to cash out, you can redeem your rewards for gift cards or PayPal cash. Tada Features Tada: Cash-Back Rewards App The Tada app provides the easiest way to get cash back on the go. It’s available on both iOS and Android but seems to perform a bit better for iPhone owners, with an impressive 4.8-star (out of 5) rating in the App Store.  Unfortunately, the Tada app falls a bit short in the Google Play Store, with only a 3.8-star rating (out of 5). Cash back and featured offers As mentioned above, Tada’s main feature is its cash-back shopping platform. There are a ton of online retailers to choose from, with categories like health and wellness, electronics, clothing, and more.  In general, cash-back percentages tend to be in the 2 to 10 percent range, although you’ll see some offers for 15 to 20 percent back from time to time.  The biggest savings tend to show up in Tada’s Featured Offers section. Here, you’ll find deals for new products, which usually come with a total cash-back amount rather than a percentage. Featured offers range from bank accounts to software as a service (SaaS) products, and you can even earn cash back on donations to nonprofits. That’s pretty sweet if you ask me. Printable coupons Coupon clippers, rejoice! In the Tada coupon section, you can earn $0.01 for each coupon that you print out, with a maximum limit of up to fifty coupons per day. You’ll also earn an additional $0.10 bonus for redemption, plus whatever savings is attached to the coupon itself.  Most Tada coupons will save you between $1 and $4 per purchase. Nearly all of them are for everyday purchases — such as groceries, hair products, cleaning supplies, and the like. Magic Receipts If you forget to print out your coupons or shop directly through Tada, you can still get retroactive cash back with Magic Receipts — a common feature across most Prodege platforms. Magic Receipts lets you upload screenshots or photos of your online or in-store receipts to the app and receive cash back in your Tada account.  However, the feature only applies to certain purchase categories — like food and beverages. Receipts from most major grocery store chains are accepted.  Tada Browser Extension If you’d rather not use the Tada app to shop online, you can install the Tada browser extension. The computer software runs in the background, and if there’s a cash-back deal available with a given retailer, Tada lets you know automatically or applies a promo code to your checkout cart.  As you might expect, the Tada browser extension functions very similarly to Protege’s other browser extensions.  Digital Rewards You need to build up at least $10 in your account to cash out your Tada balance.  Once you have enough, you can redeem your earnings for gift cards, PayPal Cash, or a physical check in the mail.  Here are some of the most popular gift cards that Tada offers: Amazon Visa Prepaid Starbucks Target Walmart Zappos Tada Pricing and Fees Tada is entirely free to use, so you won’t have to worry about any sign-up or monthly charges. But there’s always a catch.  Tada is a large affiliate marketing website that makes money when it connects consumers like you with its partner retailers. Whenever someone signs up or makes a purchase on a partner site, Tada gets a referral fee. ​With all this in mind, the true cost of Tada is how much you spend to earn that cash back. Pro tip: Platforms like Tada are best for finding savings on the things you’re already buying anyway. If you’re spending more than normal just to build up your balance, you’re swerving in the wrong direction. Signing Up and Getting Started To get started, head to Tada.com or download the app on your smartphone. All you need is an email address and

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Suspect in Brooklyn subway train shooting has been arrested, officials say – CNN

[ad_1] Suspect in Brooklyn subway train shooting has been arrested, officials say  CNN ‘We’re actually about to experience doomsday!’ NYC subway suspect’s racial ramblings  Washington Examiner At least 10 people wounded in New York City subway shooting | WNT  ABC News Suspect in Brooklyn Subway Shooting Still at Large: Live Updates  The New York Times Report: Brooklyn Subway Shooter Suspect Posts ‘Profanity-Filled Black Nationalist Rhetoric’ Videos  OutKick View Full Coverage on Google News [ad_2]

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Govt working on scheme to promote natural farming: Agri Minister Narendra Singh Tomar

[ad_1] The Centre is working on a scheme to promote natural farming and is mulling incorporating this traditional method of cultivation in the syllabus of agri-varsities, Agriculture Minister Narendra Singh Tomar said on Wednesday. The government wants to encourage different methods of farming techniques, including natural and organic, in order to increase farmers’ income and make the farm sector self-reliant, he added. Tomar also urged scientists to provide their research inputs to reap more benefits from traditional methods of farming. Addressing the valedictory function of the annual conference of vice chancellors of agriculture varsities and directors of Indian Council of Agricultural Research (ICAR) institutes, Tomar said: “It is necessary to promote different platforms of farming to make India self-reliant and increase farmers’ income.” Natural farming, a traditional method, existed prior to the country’s independence. However, the country had to adopt chemical fertilisers-based farming during Green Revolution to meet the requirements of those times, he said. The chemical-based farming has reached a saturation point and there is a need to try different methods of cultivation, including traditional ones, the minister added. Towards this direction, Tomar said, “we are promoting organic and natural farming. We are working on a scheme to promote natural farming.” The minister further said some scientists may say natural farming is a primitive method but they should not ignore the damage the chemical-based farming has done in some states like Punjab. Scientists should research on traditional farming methods and it should be made part of the syllabus in agri-varsities, he said adding that ICAR has set up a committee to look into the matter. Tomar also said it is necessary for India to become self-reliant in the agriculture sector because wars in current times are not fought just with bullets. Any ban on commodities like fertilizer, in which India is import-dependent, is as good as war, he noted. More efforts are required to enhance the agriculture sector’s contribution in the country’s overall GDP, he said, adding that allied farm sector has higher contribution in GDP than the farm sector. Earlier, production-centric policies were followed but now the focus is on improving the income of the farmers and reducing cost of production, he said and called for a revolution in this area. In agri-education, the minister said ICAR is implementing the new education policy and its results will be seen in the coming years. On agri startups, Tomar said many models have been set up after much efforts but they are not been implemented widely for public benefit. Speaking on the occasion, Fisheries, Animal Husbandry and Dairying Minister Parshottam Rupala said agriculture education syllabus should be updated in line with the speed at which the farm sector is changing. Even field work files of students should be genuine as this will help them to emerge as entrepreneurs, he said. Expressing concern over shortage of seeds in fishery and poultry sectors, the minister said ICAR needs to work aggressively to boost production of seeds which at present are available only with 1-2 companies and this will also help boost the country’s exports. ICAR Director General Trilochan Mahapatra said the new education policy is being implemented after taking consent from vice chancellors (VCs)of agriculture universities. The VCs have agreed to increase 10 per cent seats annually and ICAR quota in UG and PG courses from 15 to 20 per cent and from 25 to 30 per cent, respectively, he said. Mahapatra further said ICAR has no role in admissions in private institutions but they can use the common entrance exam offered by ICAR for allotment of seats. He, however, flagged the non-implementation of 7th Pay Commission recommendations for staff in agri varsities and hoped for early solution to this pending issue. Ministers of State for Agriculture Kailash Choudhary and Shobha Kharandlaje were also present at the event. Tomar also gave away best university award and hackathon awards on the occasion. [ad_2] Source link

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