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Unseasonal rains cost Rs 3,312 cr to state agriculture

Heavy damages estimated for in cotton, chana, castor crop. Unseasonal rains in the state of Gujarat during September - November, 2010 has cost the state agriculture sector Rs 3,312 crore with key cash crops including groundnut, cotton, castor seed and pulses taking a major blow among other agriculture commodities. The state minister for agriculture, Dilip Sanghani on Thursday informed that as of December 31, 2010 the total damage to the state agriculture...

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South India chosen for most of oil palm boost by Sanjeeb Mukherjee

Centre to also give 50% subsidy for new mills, technical help to cultivators. The Union agriculture ministry has identified eight states where the Budget annoucement on expanding the area under oil palm cultivation can be implemented. It has decided to provide 50 per cent subsidy for setting up palm oil extraction units. India imports about 8.2 million tonnes of edible oil in a year and 80 per cent of this is palm...

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Agricultural output to rise by 3.8% in FY12: CMIE

India's agriculture output is expected to rise by 3.8% in 2011-12 on assumption of favourable weather conditions, Centre for Monitoring Indian Economy (CMIE) said in its monthly review here. "We project that agricultural output will grow for the second consecutive year in 2011-12. It is expected to rise by 3.8%, over an estimated 6.5% growth in 2010-11," CMIE said. Our projection is based on the assumption that weather conditions will be favourable...

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‘Budget aims to raise farm yield, lower ecological damage’

Food security and organic farming can go hand in hand. Union Finance Minister Pranab Mukherjee today gave a green signal to efforts under the National Mission for Sustainable Agriculture to promote green manuring and organic farming while talking about bringing in the Food Securtiy Act this year, settling the debate on high pesticide and chemical fertiliser use in Punjab and Haryana. He said his government is mulling to also bring urea,...

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A doubtful harvest

Even as everyone is celebrating the bounce in the economy with a return to 8.5 per cent growth, the jury is out on the accuracy of the agricultural output numbers. The impressive 5.4 per cent agricultural growth rate number is suspect if one looks at recent trends in farm productivity and output. The agriculture ministry anticipates foodgrain output to grow by 6.4 per cent to 232 million tonnes in 2010-11....

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