-Business Standard Data presents a rosy picture but fails to convince New Delhi: For anyone who understand, or at least deludes himself to believe that they understand, how the economy works, the latest data by the Central Statistical Organisation (CSO) on the quarterly gross domestic product (GDP) should come as a shock. Ever since the Prime Minister stunned the nation by announcing demonetisation on November 8 last year, economists of all hue...
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Lower production could spike vegetables prices in coming months -Madhvi Sally
-The Economic Times NEW DELHI: The price of vegetables, particularly onion, could rise in the coming months as the government has estimated that output is slightly lower than last year. Horticulture output has not kept pace with the robust growth in the estimated production of foodgrains and oilseed in the crop year to June 2017, Advance Estimates of the agriculture ministry showed on Friday. Production of vegetables is estimated to be around...
More »Onion production might fall by 5.8% in 2016-17 crop year: Government -Sanjeeb Mukherjee & Agencies
-Business Standard Horticulture production to exceed food grains output for fifth year in a row The Centre’s first Advance Estimates for horticulture production for 2016-17 crop year that will end in June showed onion output might fall 5.8 per cent during the year to 19.7 million tonnes, while potato and tomatoes could rise marginally. Onion production in 2016-17 could fall to 19.71 million tonnes as against 20.93 million tonnes last year. The output is...
More »Bumper foodgrain output expected in 2016-17 but production during rabi may be lower vis-a-vis 2013-14
After facing intense criticisms from various sections of the society following its policy of demonetisation during November-December, 2016, the NDA government has finally something solid to cheer about. Riding on the back of a normal monsoon, gross foodgrain production is likely to reach a record level of about 272.0 million tonnes in the crop year 2016-17. As per the second Advance Estimates of foodgrain production, which has been released by...
More »Record foodgrain, oilseed output likely this year
-The Indian Express According to the agriculture ministry’s second Advance Estimates of crop production for this year, total foodgrain output will surpass the previous all-time-high of 2013-14. India’s production of foodgrains and oilseeds is expected to hit record levels in 2016-17 on the back of a normal southwest monsoon and a decent winter, which would more than offset the impact, if any, of demonetisation. According to the agriculture ministry’s second Advance Estimates of...
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