India is world's second largest exporter of herbal medicines after China Read more at: https://yourstory.com/2018/01/india-second-exporter-herbal-med

In an event conducted in New Delhi recently, it was announced that India is the second largest exporter of medicinal plants in the world. With 6,600 medicinal plants, India is second to China in this ranking, and together they produce over 70 percent of the herbal medicine’s demand across the globe. 

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Care official site The event was the first time that eminent people from across the world came together to discuss the strengthening of traditional medicinal system and its scientific purpose. The four-day programme ‘International Arogya 2017’ was organised in December, 2017, where 1,500 delegates from over 60 countries participated. 

The event also witnessed a discussion revolving around various topics such as Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH). The estimate for India’s domestic market and export for homeopathy is said to be at Rs 500 crore, and Rs 200 crore respectively. 

The Minister of Commerce and Industry Suresh Prabhu was present in the event. According to the DNA India, he said, We now have an opportunity to bring the Indian system of medicine in the mainstream, and integrate the AYUSH infrastructure into the Indian healthcare system. 

There will be 1,355 hospitals having a 53,296 bed capacity, 9,493 licensed manufacturing units, 22,635 dispensaries, 450 undergraduate colleges, and 7.18 lakh registered practitioners as part of the infrastructure. According to Gaon Connection, Minister of State (Independent Charges) in Ministry of AYUSH Shripad Yesso Naik said, 

Benchmarks will be set for Yoga, Unani, Ayurveda, and Panchkarma, for which an agreement has been made with the World Health Organisation (WHO). We are also in talks with other countries like Tajikistan, Israel, Russia, Peru and Tanzania. 

Products and services from over 250 companies that manufacture alternative medicines were showcased in the event. The current valuation of the Indian herbal market is at Rs 5,000 crore with an annual growth of 14 percent.

Read more at: https://yourstory.com/2018/01/india-second-exporter-herbal-med

Medical student drops out to grow rare crop, makes lakhs in profits

Kashmir, with its favourable climatic conditions, is the only state one thinks of in relation to saffron farming. However, evolving farming methodologies have changed things over the years. 

Saffron farming in India

American Saffron, a relatively new crop, can be grown in hot climatic conditions as well, and 27-year-old Sandesh Patil has taken it to his home state of Maharashtra.
                                                                                                                                                                                                                                                                        Image Source: Dainik Bhaskar                                                                             

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Hailing from Jalgaon district, Sandesh was doing his Bachelor of Ayurveda, Medicine, and Surgery when he realised that the field of medicine did not interest him. Quitting his studies midway, he decided to take up saffron farming and is now earning lakhs in profit. 

According to Sandesh, previously, only banana and cotton were grown in the region. However, these crops weren't proving particularly beneficial to farmers, which was why he developed a passion to do something different. 

Researching the types of crops that could be grown in the region, he came across saffron farming on the internet and realised it had successfully been done in Rajasthan and many other areas, bringing farmers huge benefits. 

His relatives, unaware of the possibilities, opposed the idea. However, he held his ground and the family eventually gave in to his resolution and determination. 

Sandesh bought 3,000 plants for Rs 9.20 lakh at the rate of Rs 40 per plant from Pali in Rajasthan, which he planted on his half-acre land. Practising organic farming, he produced 15 kg of saffron in the first year. He sold the produce at Rs 40,000 per kg, which brought in Rs 6.20 lakh. After reducing his various expenses, he earned a profit of nearly Rs 5.40 lakh.

Saffron farming has previously been carried out only in Kashmir and a few parts of the USA. By doing this in a place like Jalgaon in Rajasthan, Sandesh has achieved a remarkable feat.

Read full story at: https://yourstory.com/2017/11/sandesh-patil-farming-saffron