-The Hindu Exports were up 26 per cent at 1,613 units Mahindra and Mahindra Ltd’s Farm Equipment Sector (FES), a part of the Mahindra group, said tractor sales hit a high of 47,100 units in September 2022, as against 39.053 units in September 2021. This represented a 21 per cent year-on-year growth. “This is our highest ever sales in a month. With the Kharif crop harvest starting soon and crop prices holding firm,...
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Paddy sowing over in 97% normal area till Sept 2, cloud over final output -Sanjeeb Mukherjee
-Business Standard For all the kharif crops, the acreage, as on September 2, was around 106.92 mha - just 1.27% lower than last year The acreage of paddy — the main foodgrain grown during the kharif season— continued to remain around 6 per cent lower than the acreage during the same period last year. So far, around 97 per cent of the normal area has been covered. Normal area is the average...
More »Rain deficit stays big in UP and Bihar, on the mend in rest of East India -Vinson Kurian
-The Hindu Business Line Fresh circulation forms in Bay, triggers another spell over East and Central India Rain deficit over East and North-East India has improved markedly except in Bihar and Uttar Pradeshwhere it stays above 40 per cent even as the monsoon enters the last week of this penultimate month of August, also normally the second rainiest, and stays moderate to strong over other parts of the country on Wednesday morning. The...
More »How we turned natural floods into monsoon mayhem by squeezing our rivers -Darpan Singh
-IndiaToday.in From Assam to Odisha and in many other states, floods were a natural phenomenon. But we turned them into monsoon mayhem by squeezing our rivers. Here is why we must rethink our response to this annual crisis. Every monsoon, lakhs of people in Indian states such as Bihar, Assam, Odisha, Uttar Pradesh and West Bengal are affected by floods when rivers swell and spread their waters amid pounding rain. Hundreds of men,...
More »Cereal inflation would be hard to tame amidst low rice acreage
Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below Normal Monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
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