-The Economic Times NEW DELHI: The monsoon has started withdrawing after delivering near-normal rainfall across the country, setting the stage for a bumper harvest after two years of scanty rain that hit farm output and distressed villagers. "This year the southwest monsoon has overall been good, with most states getting excess to normal rainfall and only few having deficit rains. It is good news for farmers. I am sure we will have record...
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India set for a bumper crop of foodgrains: Govt -Sayantan Bera
-Livemint.com Radha Mohan Singh says the monsoon this year has been well distributed with 5.3 million hectare more area planted that could see a record production of foodgrains New Delhi: After two years of drought and declining crop production, a record foodgrain production on the back of a well distributed monsoon is expected in 2016-17, agriculture minister Radha Mohan Singh said on Thursday. While pulses production could touch 22 million tonnes, up...
More »Inflation down, RBI rate cut hopes up -Asit Ranjan Mishra
-Livemint.com Retail inflation decelerated sharply to 5.05% in August, while industrial production contracted by 2.4% in July, the lowest in eight months New Delhi: India’s new macroeconomic numbers, the last before the Reserve Bank of India (RBI) meets for its 4 October review of monetary policy, pose a dilemma for its new governor Urjit Patel. Retail inflation decelerated sharply to 5.05% in August, while industrial production contracted by 2.4% in July, the lowest...
More »Horticulture: The new story of Indian agriculture -Sayantan Bera
-Livemint.com Small farmers reaped a bumper crop defying a drought and despite price shocks and pest-related risks New Delhi: Small farmers across India reaped a bumper crop of fruits and vegetables in 2015-16 defying a widespread drought. India’s horticulture output crossed a record 283 million tonnes, shows the third advance estimate released by the agriculture ministry on Monday. However, the story is not just about a record harvest during a drought year—primarily due...
More »Why restrictions on stockholding and export of pulses must go -Harish Damodaran
-The Indian Express Govt must learn from mistakes in onions and potatoes, agriculture should be spared of bearing the burden of its inflation targeting. Last week, Union Commerce Minister Nirmala Sitharaman announced a 5% subsidy on onion exports in the form of transferable duty credit scrips that can be used to pay customs, excise or service tax. On top of it, the Maharashtra government extended a Rs 100 per quintal grant to...
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