-The Financial Express The cumulative rainfall for southwest monsoon this year (July to September) has been 5% less than normal. The distribution has been uneven, with excess rains in some parts and shortage in several other areas like Uttar Pradesh, Haryana, Punjab, Madhya Pradesh and parts of Maharashtra. This has impacted sowing. As compared with last year, sowing is lower for foodgrains and oilseeds. Even the government’s first advance estimates say that...
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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...
More »Govt estimates 2.8% dip in kharif crop output in 2017-18 -Sayantan Bera
-Livemint.com The agriculture ministry has estimated Foodgrain production at 134.7 million tonnes for the 2017-18 kharif crop season, 2.8% lower than last year New Delhi: Production of kharif crops this year is likely to be lower than last year, the agriculture ministry said in its first advance estimates, with the only exception being sugarcane. Production of foodgrains such as rice, pulses and coarse cereals is likely at 134.7 million tonnes in 2017-18, about...
More »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...
More »Farmers across India are sowing more cotton, less oilseeds and pulses -Mridula Chari
-Scroll.in Cotton acreage has increased by 18%. As September comes around with the promise of the first harvests in a few weeks, data released by the Ministry of Agriculture on Friday indicate that the overall kharif season sowing acreage as of the end of August is 0.5% less than the previous year. This year, farmers across India have moved decisively away from what were once profit-making crops such as oilseeds as well...
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