-Live Mint The kharif crop may improve by 8.1% to 135 million tonnes, after falling by 2% last year due to weak monsoon Foodgrain production in India's kharif season, the summer crop, is estimated to increase by a little more than 8% this year on expectations of normal monsoon rains, boosting hopes of a recovery in Asia's third largest economy and a decline in food price inflation. The kharif crop may improve by...
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Foodgrains output exceeds target for 2013-Gargi Parsai
-The Hindu The Centre on Friday revised its foodgrains production estimate upwards by 5.22 million tonnes for 2012-13 over earlier expectation on account of higher output of rice, wheat and coarse cereals. The total foodgrains output is now estimated at 255.36 million tonnes with wheat production pegged at 93.62 million tonnes and rice at 104.22 million tonnes. "We have every reason to be fairly satisfied," Union Agriculture Secretary Ashish Bahuguna told The Hindu...
More »Cottonseed oil rules the kitchens of Gujarat as cheapest cooking oil -Nidhi Nath Srinivas
-The Economic Times The BT cotton revolution, which swept India's countryside, is now doubling up as the source of the country's cheapest cooking oil. And in Narendra Modi's motherland, the Jasubens are loving it. Cottonseed or 'kapasiya' oil is ruling in the kitchens of Gujarat, the largest cotton-growing state. One out of every two bottles of oil consumed in Gujarat contains cottonseed oil. "Earlier, we used around three litres of cottonseed oil...
More »Issues like food prices, PDS can hurt cash transfers plan in food-Madan Sabnavis
-The Economic Times Cash transfers will become a reality soon, and one area that the government is going to align with this mechanism is the Public Distribution System (PDS). While, prima facie, it appears to be a good idea, given that it removes quite a bit of inefficiency in the present system, there are certain issues that have to be addressed before we go in for the same as they could become...
More »Major Crop Production to Dip by 2.3% in FY'13: CMIE
-Outlook Output of major crops, both food and non-food, is expected to decline by about 2.3 per cent in 2012-13 as sowing has remained sluggish, economic think tank CMIE has said. "Production of major crops is projected to decline in 2012-13. A fall in output of both food and non-food crops is expected to dip by 2.3 per cent," Centre for Monitoring Indian Economy said in its monthly report. Kharif acreage continued to...
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