The area under wheat this year has increased to 29.1 million hectares, compared to 28.2 million hectares in the corresponding period last year. Higher coverage is reported from Gujarat, Maharashtra, Uttar Pradesh, Bihar and Madhya Pradesh. Sowing is marginally lower in West Bengal. Production is expected to exceed last year's 80.17 million tonnes. According to data released by the Agriculture Ministry, the coverage of rabi crops is 51.92 million hectares, against 50.59...
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Onion prices nosedive, farmers demand lifting of export ban by Eknath Makne
With surplus onion in markets across the country, there is finally some relief for the consumers as prices of the bulb fell by about Rs1,000-Rs1,500 per quintal on Monday. However, it irked farmers so much that they shut down the wholesale market at Lasalgaon in Nashik in the afternoon and demanded lifting of the ongoing export ban. The Lasalgaon Agriculture Produce Market Committee (APMC) wholesale market opened on Monday with onions...
More »'Pulses' high consumption, low output to hit food security'
India could face serious problems in providing food security, if the present gap between the consumption and production of pulses is not filled, according to a report by industry body Assocham. "If the production of pulses in the largest producing nation dips, it becomes difficult for the global markets to fill up the gap," Assocham said in a statement today. India is world's largest producer and consumer of pulses. However, still there...
More »The real meaning of food inflation by KP Prabhakaran Nair
There is a suggestion circulating in the corridors of our apex monetary regulatory authority, the Reserve Bank of India, that food inflation is beginning to look more ‘structural’ than ‘seasonal’, and it can only be tackled by addressing the supply side. We need to address both demand and supply sides simultaneously to tackle food inflation. While we must be happy that more and more poor eat fruits and cook vegetables...
More »Onion production likely to dip 12% this year
The country’s onion output is likely to dip by over 12% to 10.5 million tonnes in the 2010-11 crop year due to untimely and erratic rains last year, a top official said. India produced 12 million tonnes of onions in the 2009-10 crop year. Onions are grown in three seasons — kharif (summer), late kharif and rabi (winter). “We expect onion output to decline by 1.5 million tonnes to 10.5 million...
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