-Livemint.com India’s wheat export proscription was the first signal of awareness that moves on many fronts are needed for inflation control The Indian export ban on wheat in mid-May drew much negative attention. For the record, it is a ban on private sector wheat exports, and leaves open government-to-government contracts. The widespread criticism of the ban was misplaced in my opinion. Private wheat traders had responded exuberantly to the global demand for wheat...
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Wheat output to fall 3% from last year, says Centre
-Scroll.in Heatwaves across many wheat-producing states have resulted in a dip in the production of the staple grain this year. India’s wheat production is likely to fall 3% to 106.41 million tonnes this year from last year’s output of 109.59 million tonnes, the Hindustan Times reported on Friday, citing the Union agriculture ministry’s third advance estimates of output of food grains. Severe heatwaves across many wheat-producing states have resulted in a dip in...
More »Heatwave: Crop losses to be large; wheat and vegetables hit the most -Sandip Das
-Financial Express The third advance estimate of wheat production by the agriculture ministry is expected to be released this month. Heatwave conditions since the middle of March have caused significant damage to the standing wheat crop, especially in Punjab, Haryana, Rajasthan and Uttar Pradesh, all major producers of the staple cereal. Early estimate says that the crop damage would be of the order of 15-20 million tonne, meaning wheat output in 2021-22 crop...
More »India’s GDP growth slows down to 5.4% in October to December quarter
-Scroll.in The government has projected 8.9% growth in 2021-’22, which is lower than the January estimates. India’s Gross Domestic Product grew by 5.4% in the October-December quarter and is likely to expand at 8.9% in 2021-’22 financial year, government data showed on Monday. During the second quarter (July-September) of the 2021-’22, the economy grew by 8.4%. In its first advance estimates released in January, the National Statistical Office had projected 9.2% growth for...
More »NSO estimates FY22 GDP growth at 9.2%
-The Hindu COVID-19 could impact final numbers, says the National Statistical Office. India’s gross domestic product (GDP) is expected to grow by 9.2% in the current financial year following last fiscal’s 7.3% contraction, the National Statistical Office (NSO) said in its first advance estimates of economic output released on Friday, amid concerns over the likely impact of a third wave of the COVID pandemic. The NSO, however, made clear that these were “early...
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