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Poor south west monsoon rainfall sours hope for good foodgrain output

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...

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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...

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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...

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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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