The phenomenal growth in foodgrain production witnessed in the 2016-17 crop year will not repeat this year. Early prediction by the Ministry of Agriculture and Farmers Welfare shows that the kharif foodgrain production in 2017-18 may likely to fall by 2.8 percent as compared that in the previous year. The kharif foodgrain production is expected to decline from 138.5 million tonnes in 2016-17 to 134.7 million tonnes in 2017-18. Readers...
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Gujarat farmers unlikely to benefit from sops doled out by State govt -Rajalakshmi Nirmal
-The Hindu Business Line Costs, prices, credit issues are a challenge, just as in other States Ahead of the Assembly elections, the Gujarat government has announced a slew of measures to woo rural voters. This includes waiver of GST on equipment used in micro-irrigation, 0 interest on loans up to ?3 lakh for farmers, and a bonus of ?500 per quintal on cotton. But these sops are not likely to make farmers in...
More »India gets increasingly monsoon-proof in farm output, but some areas still vulnerable -Sandip Das
-The Financial Express Indian agriculture’s reliance on monsoon rainfall has reduced considerably over the last few years thanks to the increase in area irrigated, although there are still pockets — particularly in east and central India — where rains still are a decisive determinant of crop. Key grain-producing states Punjab, Haryana, Andhra Pradesh, Telangana, Madhya Pradesh and Uttar Pradesh have most of the cropped areas under irrigation coverage (see table). Unless...
More »Monsoon signs off with one-third of districts under rain deficit -Amit Bhattacharya
-The Times of India NEW DELHI: India received below-normal monsoon this year, with the season ending on a 5.2% deficit on Saturday. While 50% of the country's districts have had normal rains, more than a third — 215 districts — are left with deficient rainfall, which could impact the kharif crop to an extent. A 'below-normal monsoon', according to the India Meteorological Department (IMD), is when countrywide rains in the season are...
More »Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
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