Till recently agricultural production in the current crop year was expected to be adversely affected by drought situation in more than 10 states, apart from hailstorms and excessive rainfall that happened in March. However, if one were to believe a recent forecast made by the Ministry of Agriculture, the overall foodgrain production in the country this crop year is anticipated to remain almost the same as last year. In 2014-15,...
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Govt sets up panel to lay out plan for doubling farm incomes -Sayantan Bera
-Livemint.com Panel aims to find ways to diversify risks in farming, examine how integrated farming can boost incomes New Delhi: The central government has set up a panel to suggest ways to double farm incomes by 2022, as promised by Prime Minister Narendra Modi. The task of the inter-ministerial committee will prepare a blueprint to transition farm policies from being production oriented to based on incomes or value addition. The committee will look...
More »Rebooting India’s agricultural policy -Himanshu
-Livemint.com The efforts of the government in revamping the crop insurance and land titling schemes are long-term solutions which will take time to bear results The agricultural sector is facing its worst moment in the last three decades. The last time India saw such distress caused by back-to-back deficient rains was during the drought of 1986-87 and 1987-88. The severity of the situation is evident from the stories of migration and...
More »Global food prices edge up in March; cereal production outlook robust – UN
-United Nations World cereal production in 2016 is set to reach 2,521 million tonnes, just 0.2 per cent below last year’s and the third-highest on record, the United Nations Food and Agriculture Organization (FAO) said today. Large inventory levels and relatively sluggish global demand mean that market conditions for staple food grains appear stable for at least another season, the agency's latest Cereal Supply and Demand Brief predicts. According to the FAO Food...
More »Indian agriculture yet to catch up with neighbours on public spending, indicates IFPRI report
Amidst the prevailing gloominess over agrarian crisis, a recently released report says that the growth rate of agricultural output in both India and China were the same during 2008-2013. The agricultural gross domestic product (GDP) of both these countries on an average grew at 3.3 percent per annum during that period. The latest available data from the 2016 Global Food Policy Report, however, indicates that the neighbouring countries of Sri Lanka...
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