-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
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Pulses farmers' profit falls sharply in 2016-17 due to adverse govt policies, record harvest: CRISIL -Sayantan Bera
-Livemint.com Average profit margin of farmers on all pulse varieties except gram (chickpeas) fell by 30% in 2016-17 year-on-year due to a record harvest and adverse government policies, said the CRISIL report New Delhi: The profitability of poor farmers in India who are dependent on rain-fed irrigation and grow pulses fell sharply during 2016-17 due to a record harvest and adverse government policies, said a report released on Monday. Average profit margin of...
More »Thanks to good rains, cotton output seen rising 4% to 34.5 m bales
-The Hindu Business Line Mumbai: Cotton output is expected to increase 4 per cent to 34.5 million bales (of 170 kg each) in the cotton year ending September on the back of sharp rise in yield. However, the acreage under cotton has dropped 11 per cent to 10.84 million hectares (12.29 million hectares). The yield per hectare is expected to increase to 541 kg from 459 kg, according to the second advanced...
More »Weak govt finger on the pulse: Dal pinches for farmers -Harish Damodaran
-The Indian Express The woes of pulses farmers and traders like Kagi can be put down to all-time-high imports of 6.6 mt (valued at Rs 28,524.05 crore) on top of a record domestic production of 22.4 mt in 2016-17 — made worse by the weak, behind-the-curve policy response whether to do with trade or stockholding restrictions. Agriculture in India has always suffered from lethargic and uncoordinated policy response. And there can be...
More »APEDA to focus on fruits, vegetables -TV Jayan
-The Hindu Business Line Basmati, bovine exports have already plateaued New Delhi: With export earnings from basmati and bovine meat — the flagship agricultural and processed export sectors — hitting a plateau, the Agricultural and Processed Food Products Export Development Authority (APEDA) is exploring newer avenues, Chairman Devendra Kumar Singh said on Wednesday. According to data available with APEDA, export earnings from agricultural and processed food products have drastically dropped from $21.5 billion...
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