-Scroll.in The government has projected 8.9% growth in 2021-’22, which is lower than the January estimates. India’s Gross Domestic Product grew by 5.4% in the October-December quarter and is likely to expand at 8.9% in 2021-’22 financial year, government data showed on Monday. During the second quarter (July-September) of the 2021-’22, the economy grew by 8.4%. In its first Advance Estimates released in January, the National Statistical Office had projected 9.2% growth for...
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States should increase the use of NPK, liquid urea: Agri Minister
-IANS/ The Shillong Times New Delhi: Union Agriculture Minister Narendra Singh Tomar on Thursday asked the states to plan in advance for their fertilisers needs and provide estimates to the Centre so that the Fertiliser Department can timely provide sufficient amount. He also suggested that states should increase the use of NPK and liquid urea and reduce the dependence on DAP fertilisers. Tomar was speaking at the National Conference on Agriculture for Summer...
More »NSO estimates FY22 GDP growth at 9.2%
-The Hindu COVID-19 could impact final numbers, says the National Statistical Office. India’s gross domestic product (GDP) is expected to grow by 9.2% in the current financial year following last fiscal’s 7.3% contraction, the National Statistical Office (NSO) said in its first Advance Estimates of economic output released on Friday, amid concerns over the likely impact of a third wave of the COVID pandemic. The NSO, however, made clear that these were “early...
More »Sugar surplus may drop due to U.P. rains, higher ethanol capacity
-The Hindu Lower surplus, higher prices could help reduce arrears to farmers in poll bound U.P. and Punjab Unseasonal rains in Uttar Pradesh and a higher diversion to ethanol production are likely to result in a drop in sugar production this year, according to industry estimates. With average retail sugar prices also on the rise, a reduction in surplus sugar could help speed up cane payments by mills and reduce their pending...
More »Record paddy harvest, lower oilseed production this kharif season
-The Hindu Increase in pulses production, especially toor dal crop The summer kharif season is likely to produce a record paddy harvest this year, pushing the country’s foodgrain production for the season to an all time high of 15 crore tonnes, according to first Advance Estimates from the Agriculture Ministry. However, oilseed production is marginally lower than last year, with both groundnut and soyabean harvests slightly, which could be bad news for soaring...
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