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Jharkhand produces record kharif crop

-IANS For the first time since its creation in 2000, Jharkhand has produced more kharif food grain than it consumes at a record 55 million tonnes -- almost double compared to previous years. "We expect the Rabi production to be around 10 million tonnes," an agriculture department official told reporters. The total consumption of food grain in Jharkhand is around 50 million tonnes. As per record, the state has been producing 24-33 million...

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Cheaper onions, potatoes pull down food inflation

-PTI Falling prices of vegetables such as potatoes and onions pushed down the food price index by 0.42 per cent in the week ended January 7, over the same period of the previous year. However, experts feel that the decline in prices of food articles will not be enough to prompt the Reserve Bank of India to cut key interest rates at its forthcoming monetary policy review on January 24. Food inflation as...

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Rural incomes to rise when fewer work for farm: Secretary by Nidhi Nath Srinivas

Downplaying the impact of drought in three states on national food production, agriculture and cooperation secretary Prabeer Kumar Basu says the number of people dependent on agriculture has to come down for rural incomes to rise.  "We have sent our team for an assessment of the situation. None of this will affect overall production because it will be compensated by the rest of India where crop conditions are excellent. We will...

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Drought hits Karnataka, Andhra Pradesh; food prices set to surge by Jayashree Bhosale

Maharashtra teeters on the brink while Karnataka and Andhra Pradesh, two key states contributing significantly to grain production, have already declared a drought, potentially exacerbating agrarian distress and adversely impacting food prices. Supply of pulses, sugarcane, oilseeds, soyabean and coarse grain such as bajra and jowar, is likely to be hit, with production in the rabi season, or the winter harvest, set to decline between 25% and more than 40%, compared...

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Paddy prices in West Bengal drop on high production by Sutanuka Ghosal

A high kharif paddy production 2011-12 coupled with almost zero exports to Bangladesh has pushed down paddy prices in Bengal. Paddy is selling around Rs 850-900 per quintal below the minimum support price of Rs 1,080 per quintal. Bengal, which stands second in rice production, has produced 15% extra this kharif paddy as compared to 2010-11 kharif. A dearth of rice mills in the state is also one of the major...

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