-The Hindu Business Line Acreage under rice, pulses, coarse cereals, oilseeds higher NEW DELHI: The area sown under the seven kharif crops in the on-going sowing season till date at 1054.49 lakh hectare is about 4.2 per cent more than the sowing in the same period last year due to better Monsoon rains this year. The total acreage till September 9 2016, as per figures released by the Agriculture Ministry on Friday, is...
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Govt may increase MSP for rabi crops by 10% -Sandip Das
-The Financial Express Likely to give bonus of up to Rs 425 per quintal on pulses In a bid to boost production of pulses and oilseeds, the government is likely to announce 5 to 10% hike in minimum support price (MSP) for the rabi crops, including wheat, barley, gram, masur and mustard, for the 2016-17 season besides a bonus on pulses in the range of Rs 250 to Rs 425 per quintal. Sources...
More »Demand for agriculture inputs cools on dry spell -R Sree Ram
-Livemint.com While higher crop acreage should ensure positive growth, much depends on how September rains pan out and the kind of platform it lays out for the next crop season Caution is finally setting in for agriculture inputs stocks. As the weather office released two rain deficit reports (on a cumulative basis), shares of Rallis India Ltd, Dhanuka Agritech Ltd and Gujarat State Fertilizers & Chemicals Ltd lost a bit of...
More »The foreign hand isn't enough -Alex M Thomas
-The Hindu The pursuit of full employment of labour cannot primarily rely on domestic private investment, much less FDI. Only public investment will steady us in the long run. We are increasingly told that the inflow of capital — particularly the foreign direct investment (FDI) variety — increases employment levels and contributes to economic growth. In a rare interview given to The Wall Street Journal in May, Prime Minister Narendra Modi reinforced...
More »Finally, some respite from dal shock -Prerna Sharma
-The Hindu Business Line Good rain, increased acreage and hike in minimum support prices likely to cool prices The Modi government has been struggling over the last two years to contain the unprecedented rise in the prices of pulses, the second-most important food item after cereals. In the interim, prices of tur have more than doubled, and near-doubled in the case of urad and chana. WPI prices for pulses increased 35.76 per...
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