Amidst uncertainty over India's performance in terms of agricultural production and livelihood security of rural population, the Union Budget of 2016-17 will be presented by Finance Minister Shri Arun Jaitley on 29 February. Given the extent of drought in more than 10 states of India during 2015-16, it is expected that the NDA Government will allocate more resources for rejuvenating the rural sector. Since the country has seen two years of...
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Drought insulation -Harish Damodaran
-The Indian Express Total Foodgrain Production in 2015-16 is expected at 253.16 million tonnes (mt), according to the Agriculture Ministry’s second advance estimates. India’s agricultural output hasn’t taken as much a hit from back-to-back droughts this time round as with previous monsoon failure episodes. Total Foodgrain Production in 2015-16 is expected at 253.16 million tonnes (mt), according to the Agriculture Ministry’s second advance estimates. This is only 4.5 per cent below the...
More »Wheat output seen rising a little over 7 mt in FY16
-Business Standard Govt procurement target fixed at 30 mt in 2016-17, a bit more than in ongoing season; rice buying would be 35 mt Despite rough weather, wheat output would rise a little over seven million tonnes (mt) in 2015-16, enabling an increase in overall Foodgrain Production of one mt over the previous year, official advance estimates showed on Monday. Production of wheat is estimated at 94 mt, from 86 mt in 2014-15....
More »Drought blamed for negative farm growth -Sanjeeb Mukherjee
-Business Standard India's agriculture growth, measured in terms of gross value added at constant prices, slipped into negative territory in the October-December quarter (first time in FY16) because of a low kharif harvest. However, on full-year basis, the government estimates gross value added in agriculture and allied activities would rise 1.1 per cent, from negative 0.2 per cent in 2014-15, on account of good performance of livestock, horticulture, fisheries and dairy sector. But...
More »How Do We Combat Droughts?
-Economic and Political Weekly Agriculture cannot be revived without a different approach to water, soil, crops and research. For the second year in succession, rainfall in the monsoon season has been less than normal. As many as 302 out of the 640 districts in the country have been declared drought-hit and the impact of the drought is the severest in nine major states of south, central and east India. It is striking...
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