Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

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        LATEST NEWS UPDATES | Rural distress may lessen even as agriculture growth may stay flat -Sandip Das and Banikinkar Pattanayak    </title>
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-The Financial Express

The distress in rural India on account of a glut-induced crash in prices of farm commodities will likely alleviate soon as prices tend to look up, but statistical factors will keep farm-sector growth subdued in the short-term.

A crash..."/>
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-The Financial Express

The distress in rural India on account of a glut-induced crash in prices of farm commodities will likely alleviate soon as prices tend to look up, but statistical factors will keep farm-sector growth subdued in the short-term.

A crash..." />
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    <h1 class="cat-box-title">Rural distress may lessen even as agriculture growth may stay flat -Sandip Das and Banikinkar Pattanayak</h1>
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		 Published on</span><span class="text-date"> Sep 15, 2017</span>
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                            <div align="justify">-The Financial Express<br /><br />The distress in rural India on account of a glut-induced crash in prices of farm commodities will likely alleviate soon as prices tend to look up, but statistical factors will keep farm-sector growth subdued in the short-term.<br /><br />A crash in prices kept growth in nominal gross value added (GVA) for the agriculture and allied sector above the expansion in real term in Q1FY18 for the first time in five years, but the situation may reverse as early as the second quarter. This is because inflationary pressure has returned from July with the post-harvest seasonal hardening of food prices and a conducive base effect has waned, especially at the retail level. This means the GDP deflator for the farm sector is set to rise during the second quarter, reversing the growth balance in favour of nominal instead of real GVA.<br /><br />However, an unfavourable base will still weigh on the farm sector growth in real terms this fiscal, especially from the third quarter. So, even if the country maintains last year&rsquo;s record kharif grain output of 138.5 million tonnes in 2017-18, as suggested by agriculture secretary SK Pattanayak recently, the sector&rsquo;s growth will remain subdued. The sector had grown at a decent pace of 6.9% and 5.2% in Q3 and Q4 of the last fiscal, respectively; in current prices, the growth rates were even higher at 8.8% and 7.9% respectively.<br /><br />In Q1FY18, the nominal GVA in agriculture grew just 0.3% against the real expansion of 2.3%, thanks to a 1.7% decline in wholesale price food inflation in Q1 from a year earlier.<br /><br />Already, the number of districts with the first level of drought trigger rose sharply to 225 by end-August from 104 in the previous month, with parts of central and southern India facing the wrath of erratic monsoon more severely than others, according to the Mahalanobis National Crop Forecast Centre under the department of agriculture.<br /></div><div align="justify">&nbsp;</div><div align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/agriculture scene.jpg" alt="Agriculture scene" width="375" height="554" /> <br /></div><div align="justify">&nbsp;</div><div align="justify">However, the situation might not turn out to be as alarming as it appears now &mdash; by July-end last year, as many as 109 districts were in the first-level drought-trigger category, but only 59 districts mostly spread over Karnataka and Tamil Nadu were finally declared &ldquo;drought-hit&rdquo;.<br /><br />For the full year (2016-17), the real agri growth was as much as 4.9%, which was aided by a conducive base (just 0.7% expansion in 2015-16), apart from the bumper harvest. This means much of the GDP growth in 2017-18 will have to come from the industrial and other sectors for the country to record an expansion of 7% or so and remain the fastest-growing major economy. This will be a key challenge, given private investments<br /><br />Please <a href="http://www.financialexpress.com/economy/rural-distress-may-lessen-even-as-agriculture-growth-may-stay-flat/854150/" title="http://www.financialexpress.com/economy/rural-distress-may-lessen-even-as-agriculture-growth-may-stay-flat/854150/">click here</a> to read more.</div><div align="justify">&nbsp;</div>                                                           
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    <br><a href="http://www.financialexpress.com/economy/rural-distress-may-lessen-even-as-agriculture-growth-may-stay-flat/854150/" class="re" target="_blank">The Financial Express, 14 September, 2017, http://www.financialexpress.com/economy/rural-distress-may-lessen-even-as-agriculture-growth-may-stay-flat/854150/</a><div class="clear"></div>
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The distress in rural India on account of a glut-induced crash in prices of farm commodities will likely alleviate soon as prices tend to look up, but statistical factors will keep farm-sector growth subdued in the short-term.

A crash..."/>
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The distress in rural India on account of a glut-induced crash in prices of farm commodities will likely alleviate soon as prices tend to look up, but statistical factors will keep farm-sector growth subdued in the short-term.

A crash..." />
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    <h1 class="cat-box-title">Rural distress may lessen even as agriculture growth may stay flat -Sandip Das and Banikinkar Pattanayak</h1>
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                            <div align="justify">-The Financial Express<br /><br />The distress in rural India on account of a glut-induced crash in prices of farm commodities will likely alleviate soon as prices tend to look up, but statistical factors will keep farm-sector growth subdued in the short-term.<br /><br />A crash in prices kept growth in nominal gross value added (GVA) for the agriculture and allied sector above the expansion in real term in Q1FY18 for the first time in five years, but the situation may reverse as early as the second quarter. This is because inflationary pressure has returned from July with the post-harvest seasonal hardening of food prices and a conducive base effect has waned, especially at the retail level. This means the GDP deflator for the farm sector is set to rise during the second quarter, reversing the growth balance in favour of nominal instead of real GVA.<br /><br />However, an unfavourable base will still weigh on the farm sector growth in real terms this fiscal, especially from the third quarter. So, even if the country maintains last year&rsquo;s record kharif grain output of 138.5 million tonnes in 2017-18, as suggested by agriculture secretary SK Pattanayak recently, the sector&rsquo;s growth will remain subdued. The sector had grown at a decent pace of 6.9% and 5.2% in Q3 and Q4 of the last fiscal, respectively; in current prices, the growth rates were even higher at 8.8% and 7.9% respectively.<br /><br />In Q1FY18, the nominal GVA in agriculture grew just 0.3% against the real expansion of 2.3%, thanks to a 1.7% decline in wholesale price food inflation in Q1 from a year earlier.<br /><br />Already, the number of districts with the first level of drought trigger rose sharply to 225 by end-August from 104 in the previous month, with parts of central and southern India facing the wrath of erratic monsoon more severely than others, according to the Mahalanobis National Crop Forecast Centre under the department of agriculture.<br /></div><div align="justify">&nbsp;</div><div align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/agriculture scene.jpg" alt="Agriculture scene" width="375" height="554" /> <br /></div><div align="justify">&nbsp;</div><div align="justify">However, the situation might not turn out to be as alarming as it appears now &mdash; by July-end last year, as many as 109 districts were in the first-level drought-trigger category, but only 59 districts mostly spread over Karnataka and Tamil Nadu were finally declared &ldquo;drought-hit&rdquo;.<br /><br />For the full year (2016-17), the real agri growth was as much as 4.9%, which was aided by a conducive base (just 0.7% expansion in 2015-16), apart from the bumper harvest. This means much of the GDP growth in 2017-18 will have to come from the industrial and other sectors for the country to record an expansion of 7% or so and remain the fastest-growing major economy. This will be a key challenge, given private investments<br /><br />Please <a href="http://www.financialexpress.com/economy/rural-distress-may-lessen-even-as-agriculture-growth-may-stay-flat/854150/" title="http://www.financialexpress.com/economy/rural-distress-may-lessen-even-as-agriculture-growth-may-stay-flat/854150/">click here</a> to read more.</div><div align="justify">&nbsp;</div>                                                           
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    <br><a href="http://www.financialexpress.com/economy/rural-distress-may-lessen-even-as-agriculture-growth-may-stay-flat/854150/" class="re" target="_blank">The Financial Express, 14 September, 2017, http://www.financialexpress.com/economy/rural-distress-may-lessen-even-as-agriculture-growth-may-stay-flat/854150/</a><div class="clear"></div>
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The distress in rural India on account of a glut-induced crash in prices of farm commodities will likely alleviate soon as prices tend to look up, but statistical factors will keep farm-sector growth subdued in the short-term.

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-The Financial Express

The distress in rural India on account of a glut-induced crash in prices of farm commodities will likely alleviate soon as prices tend to look up, but statistical factors will keep farm-sector growth subdued in the short-term.

A crash..." />
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                            <div align="justify">-The Financial Express<br /><br />The distress in rural India on account of a glut-induced crash in prices of farm commodities will likely alleviate soon as prices tend to look up, but statistical factors will keep farm-sector growth subdued in the short-term.<br /><br />A crash in prices kept growth in nominal gross value added (GVA) for the agriculture and allied sector above the expansion in real term in Q1FY18 for the first time in five years, but the situation may reverse as early as the second quarter. This is because inflationary pressure has returned from July with the post-harvest seasonal hardening of food prices and a conducive base effect has waned, especially at the retail level. This means the GDP deflator for the farm sector is set to rise during the second quarter, reversing the growth balance in favour of nominal instead of real GVA.<br /><br />However, an unfavourable base will still weigh on the farm sector growth in real terms this fiscal, especially from the third quarter. So, even if the country maintains last year&rsquo;s record kharif grain output of 138.5 million tonnes in 2017-18, as suggested by agriculture secretary SK Pattanayak recently, the sector&rsquo;s growth will remain subdued. The sector had grown at a decent pace of 6.9% and 5.2% in Q3 and Q4 of the last fiscal, respectively; in current prices, the growth rates were even higher at 8.8% and 7.9% respectively.<br /><br />In Q1FY18, the nominal GVA in agriculture grew just 0.3% against the real expansion of 2.3%, thanks to a 1.7% decline in wholesale price food inflation in Q1 from a year earlier.<br /><br />Already, the number of districts with the first level of drought trigger rose sharply to 225 by end-August from 104 in the previous month, with parts of central and southern India facing the wrath of erratic monsoon more severely than others, according to the Mahalanobis National Crop Forecast Centre under the department of agriculture.<br /></div><div align="justify">&nbsp;</div><div align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/agriculture scene.jpg" alt="Agriculture scene" width="375" height="554" /> <br /></div><div align="justify">&nbsp;</div><div align="justify">However, the situation might not turn out to be as alarming as it appears now &mdash; by July-end last year, as many as 109 districts were in the first-level drought-trigger category, but only 59 districts mostly spread over Karnataka and Tamil Nadu were finally declared &ldquo;drought-hit&rdquo;.<br /><br />For the full year (2016-17), the real agri growth was as much as 4.9%, which was aided by a conducive base (just 0.7% expansion in 2015-16), apart from the bumper harvest. This means much of the GDP growth in 2017-18 will have to come from the industrial and other sectors for the country to record an expansion of 7% or so and remain the fastest-growing major economy. This will be a key challenge, given private investments<br /><br />Please <a href="http://www.financialexpress.com/economy/rural-distress-may-lessen-even-as-agriculture-growth-may-stay-flat/854150/" title="http://www.financialexpress.com/economy/rural-distress-may-lessen-even-as-agriculture-growth-may-stay-flat/854150/">click here</a> to read more.</div><div align="justify">&nbsp;</div>                                                           
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    <br><a href="http://www.financialexpress.com/economy/rural-distress-may-lessen-even-as-agriculture-growth-may-stay-flat/854150/" class="re" target="_blank">The Financial Express, 14 September, 2017, http://www.financialexpress.com/economy/rural-distress-may-lessen-even-as-agriculture-growth-may-stay-flat/854150/</a><div class="clear"></div>
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Home हिन्दी

Rural distress may lessen even as agriculture growth may stay flat -Sandip Das and Banikinkar Pattanayak

Published on Sep 15, 2017   Modified on Sep 15, 2017

-The Financial Express The distress in rural India on account of a glut-induced crash in prices of farm commodities will likely alleviate soon as prices tend to look up, but statistical factors will keep farm-sector growth subdued in the short-term. A crash in prices kept growth in nominal gross value added (GVA) for the agriculture and allied sector above the expansion in real term in Q1FY18 for the first time in five years, but the situation may reverse as early as the second quarter. This is because inflationary pressure has returned from July with the post-harvest seasonal hardening of food prices and a conducive base effect has waned, especially at the retail level. This means the GDP deflator for the farm sector is set to rise during the second quarter, reversing the growth balance in favour of nominal instead of real GVA. However, an unfavourable base will still weigh on the farm sector growth in real terms this fiscal, especially from the third quarter. So, even if the country maintains last year’s record kharif grain output of 138.5 million tonnes in 2017-18, as suggested by agriculture secretary SK Pattanayak recently, the sector’s growth will remain subdued. The sector had grown at a decent pace of 6.9% and 5.2% in Q3 and Q4 of the last fiscal, respectively; in current prices, the growth rates were even higher at 8.8% and 7.9% respectively. In Q1FY18, the nominal GVA in agriculture grew just 0.3% against the real expansion of 2.3%, thanks to a 1.7% decline in wholesale price food inflation in Q1 from a year earlier. Already, the number of districts with the first level of drought trigger rose sharply to 225 by end-August from 104 in the previous month, with parts of central and southern India facing the wrath of erratic monsoon more severely than others, according to the Mahalanobis National Crop Forecast Centre under the department of agriculture.     However, the situation might not turn out to be as alarming as it appears now — by July-end last year, as many as 109 districts were in the first-level drought-trigger category, but only 59 districts mostly spread over Karnataka and Tamil Nadu were finally declared “drought-hit”. For the full year (2016-17), the real agri growth was as much as 4.9%, which was aided by a conducive base (just 0.7% expansion in 2015-16), apart from the bumper harvest. This means much of the GDP growth in 2017-18 will have to come from the industrial and other sectors for the country to record an expansion of 7% or so and remain the fastest-growing major economy. This will be a key challenge, given private investments Please click here to read more.

The Financial Express, 14 September, 2017, http://www.financialexpress.com/economy/rural-distress-may-lessen-even-as-agriculture-growth-may-stay-flat/854150/

Tagged with: Agricultural Growth Gross Value Added (GVA) from Agriculture farming

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