-The Hindu Business Line Fourth advance estimate pegs wheat production at 93.5 million tonnes New Delhi: Reinforcing its earlier assessment, the Centre has pegged foodgrain production in the country at 252.22 million tonnes (mt) in 2015-16 in its fourth advance estimates — almost the same as 2014-15’s (July-June) production of 252.02 mt. Production of major Commercial Crops in 2015-16, including cotton, sugarcane and oilseeds, was lower than in the previous year, according to...
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Pradhan Matri Fasal Bima Yojana gets big boost; here’s how -Sandip Das
-The Financial Express The government’s move to roll out the Pradhan Mantri Fasal Bima Yojana (PMFBY) from the ongoing kharif season has got a boost with 18 agriculturally critical states, including Andhra Pradesh, Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Uttar Pradesh, Karnataka, Odisha and Maharashtra, having floated tenders to identify insurers who will offer the scheme to farmers. According to agriculture ministry data, Rajasthan has completed the bidding process for identifying insurance companies...
More »Only 41% crop credit disbursed in Maharashtra till June -Abhiram Ghadyalpatil
-Livemint.com Govt’s plan to cover 80% farmers falling apart as banks have disbursed loans to only 3.1 million farmers in the kharif season Mumbai: Maharashtra government’s plan to cover 80% of the state’s 13.7 million farmers under institutionalised crop credit in 2016-17 seems to be falling apart. By 30 June, a large network of public, private and district co-operative banks had disbursed crop loans to only 3.1 million farmers in the...
More »When life gives you tomatoes -Rahi Gaikwad
-The Hindu With crops hit by drought and the TO-1057 seed, our reporter visits Narayangaon, among the country’s largest tomato growing regions, and finds farmers struggling to cope with the failed harvest but still faithful to the fruit Last week, the grey rain clouds over the Sahyadris seemed full of promise. A few light showers, and colour was slowly returning to parched leaves and the dry earth was beginning to yield again....
More »Does good monsoon mean big consumption boost? -Mayank Mishra
-Business Standard FY10 was a drought year with a monsoon rainfall deficiency of 22 per cent of the 50-year average, resulting in a seven per cent dip in the total foodgrains production. But, that did not dampen the consumer sentiment as the auto sector grew by 26 per cent, fast-moving consumer goods (FMCG) 25 per cent and the consumer durables sector by 21 per cent. The momentum continued the following year,...
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