-Business Standard Foodgrain production is projected to be more than 270 million tonnes India’s horticulture production, at around 287.32 million tonnes, will continue to outstrip that of foodgrain by a good margin in 2016-17 also, even as vegetables might see just a marginal decline. Foodgrain production is projected to be more than 270 million tonnes. Under horticulture, fruit production in 2016-17 is expected to be 91.72 million tonnes, against 90.18 million tonnes last year. Vegetables...
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Rain-boosting La Nina out, forecasters now fear El Nino
-The Economic Times NEW DELHI: The rain-boosting La Nina phenomenon is completely ruled out this year and conditions are likely to remain neutral or turn toward the feared El Nino, which is not good for the monsoon, but forecasters said that a clear picture would appear only after a few months. Changes in temperature in the equatorial Pacific Ocean, which scientists call El Nino Southern Oscillation (ENSO), are a key influence on...
More »Wholesale prices up 5.25% year-on-year in January -Kirtika Suneja
-The Economic Times NEW DELHI: India's wholesale inflation saw a sharp rise in January owing to costlier fuel and power even as food items continued to remain cheaper. Data released by commerce and industry ministry on Tuesday showed WPI inflation at 5.25% compared with 3.39% in December. Fuel and power inflation rose 18.14% in January from 8.65% in December. WPI inflation in manufactured products, which has a 64.97% weight in the index, increased...
More »Foodgrain production estimated at a record 272 million tonnes in 2016-17: govt -Sayantan Bera
-Livemint.com The agriculture ministry estimates show that production of key crops like rice, wheat and pulses will be at record levels during the year New Delhi: Buoyed by a normal monsoon in 2016 after consecutive years of drought, India’s foodgrain harvest is likely to break past records, show second advance estimates released by the agriculture ministry on Wednesday. Total foodgrain production is estimated at an all-time high of 272 million tonnes in 2016-17,...
More »Record foodgrain, oilseed output likely this year
-The Indian Express According to the agriculture ministry’s second advance estimates of crop production for this year, total foodgrain output will surpass the previous all-time-high of 2013-14. India’s production of foodgrains and oilseeds is expected to hit record levels in 2016-17 on the back of a normal southwest monsoon and a decent winter, which would more than offset the impact, if any, of demonetisation. According to the agriculture ministry’s second advance estimates of...
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