-The Hindu Business Line New Delhi: Despite a slowdown in the South West Monsoon, the Centre has not given up hopes of a record foodgrains production in 2016-17. Agriculture Minister Radha Mohan Singh, speaking to reporters at a conference on Thursday, did not specify a production figure but said that his Ministry was sticking to its stand that foodgrains production in the ongoing year would touch a record high. “This means that foodgrains...
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Production of kharif pulses seen surging 48% to 8.2 million tonnes -Vishwanath Kulkarni
-The Hindu Business Line Govt also revises Rabi target upwards to 14.4 million tonnes Bengaluru: Higher acreage, driven by the rebound in Monsoon rainfall this year, is seen lifting the country’s pulses production by about 48 per cent in the current kharif season to around 8.22 million tonnes (mt) against 5.54 mt produced in the corresponding season last year, according to the Agriculture Ministry. Production of arhar or tur is seen up by...
More »From Plate to Plough: Connecting the drops -Ashok Gulati & Bharat Sharma
-The Indian Express An enduring solution to India’s water woes lies in buffer stocking during Monsoon months and release during lean seasons. Till June end this year, the government was worried about how to cope with back-to-back drought. But by the second half of August, the scene changed dramatically and several states were in the spate of floods. In Bihar, more than five million people have been affected and 6,50,000 displaced from...
More »Inflation down, RBI rate cut hopes up -Asit Ranjan Mishra
-Livemint.com Retail inflation decelerated sharply to 5.05% in August, while industrial production contracted by 2.4% in July, the lowest in eight months New Delhi: India’s new macroeconomic numbers, the last before the Reserve Bank of India (RBI) meets for its 4 October review of monetary policy, pose a dilemma for its new governor Urjit Patel. Retail inflation decelerated sharply to 5.05% in August, while industrial production contracted by 2.4% in July, the lowest...
More »Record increase in sown area under pulses during kharif 2016-17, shows latest data
A fall in the rate of inflation (on point to point basis) in Consumer Food Price Index (CFPI) from 8.35 percent in July to 5.91 percent in August this year is indicative of the positive developments that has taken place during recent months in the agricultural sector, which is expected to further cool off food prices in the near future. A document from the Ministry of Agriculture and Farmers Welfare...
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