-The Financial Express While the Central Statistical Organisation has estimated “agriculture and allied services” to grow 4.1% in FY17, Niti Aayog member Ramesh Chand expects the growth rate to be a handsome 7%. Chand spoke to FE’s Prasanta Sahu and Sandip Das on critical factors that need to be addressed to ensure at least 4% annual growth over the next 15 years. * How do you foresee the direction of the agricultural...
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Bumper foodgrain output expected in 2016-17 but production during rabi may be lower vis-a-vis 2013-14
After facing intense criticisms from various sections of the society following its policy of demonetisation during November-December, 2016, the NDA government has finally something solid to cheer about. Riding on the back of a normal monsoon, gross foodgrain production is likely to reach a record level of about 272.0 million tonnes in the crop year 2016-17. As per the second advance estimates of foodgrain production, which has been released by...
More »Good news! Your food bill in 2016-17 set to fall; here's why
-The Financial Express Higher output of rice, wheat and pulses to soften retail prices Supported by normal monsoon last year and more than normal kharif and rabi sowing, the country’s foodgrain production in 2016-17 crop year is estimated to increase by 8% from the previous year to record 272 million tonne (mt). According to the second advance estimates of production of major crops — rice, pulses, OIlseeds, cotton and sugarcane for the crop...
More »Record foodgrain, oilseed output likely this year
-The Indian Express According to the agriculture ministry’s second advance estimates of crop production for this year, total foodgrain output will surpass the previous all-time-high of 2013-14. India’s production of foodgrains and OIlseeds is expected to hit record levels in 2016-17 on the back of a normal southwest monsoon and a decent winter, which would more than offset the impact, if any, of demonetisation. According to the agriculture ministry’s second advance estimates of...
More »Powered by good monsoon, India set for best-ever foodgrain output -Vishwa Mohan & Dipak K Dash
-The Times of India NEW DELHI: Backed by good monsoon and advanced preparedness to reap the benefits of favourable conditions, India is likely to have an all-time record foodgrain production (271.98 million tonnes) in the 2016-17 crop year - a scenario which may not only benefit farmers but also help in further bringing down the price of pulses that was sky-rocketed due to two consecutive drought years. Besides the production of pulses...
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