-Business Standard For all the kharif crops, the acreage, as on September 2, was around 106.92 mha - just 1.27% lower than last year The acreage of paddy — the main foodgrain grown during the kharif season— continued to remain around 6 per cent lower than the acreage during the same period last year. So far, around 97 per cent of the normal area has been covered. Normal area is the average...
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Food output may drop this year amid price rise concerns -Zia Haq
-Hindustan Times Planting of key kharif or summer-sown crops, which account for half of the country’s annual food output, was 1.5% lower on August 26 compared to last year, according to farm ministry data India’s food output is likely to fall after six straight record harvests, as extreme weather dented sowing of crops, such as rice and pulses, raising concerns about inflation and tight supplies, data from the farm ministry indicates. Planting of...
More »Lower paddy acreage: How will it affect India and the world? -Akash Podishetty
-Business Standard A victim of supply chain disruption is food. Even as the world looks towards India to fill the void created by the Russia-Ukraine war, a drop in paddy acreage is threatening to make the matter worse Following Russia's invasion of Ukraine and amid challenges for global food supply, PM Narendra Modi declared that India was capable of "feeding the world". However, instead of feeding the world, the govt soon restricted...
More »Central Pool foodgrain stocks at lowest in 5 years -Prabhudatta Mishra
-The Hindu Business Line Wheat stocks already low due to low production, concerns mounting about dip in paddy sowing Rice and wheat stock in the Central Pool, managed by the Food Corporation of India (FCI), is at a five-year low, mainly due to lower procurement of wheat. Rice stock, though above 2020 level, may deplete fast in case there is a drop in production during current kharif season as paddy transplanting has...
More »Cereal inflation would be hard to tame amidst low rice acreage
Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
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