-The Hindu Business Line Total area down 11.5 per cent; coarse cereals, Oilseeds planting drops 20% With the south-west monsoon being seven per cent below normal till Friday, sowing of kharif crops continues to be affected. Data provided by the Ministry of Agriculture and Farmerss Welfare show that sowing lost its momentum further in terms of percentage. Data showed that a total of 612 lakh hectares (lh) had been covered till date compared...
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Inflation remains above 6% for second month
-The Hindu Growth impulses remained fragile, manufacturing output tanked 9.5% After touching a six-month high in May, India’s retail inflation was virtually unchanged in June at about 6.3%, remaining out of the central bank’s comfort zone for a second month in a row. Economists expect the Reserve Bank of India (RBI) to revisit its inflation estimate of 5.1% for 2021-22 and stressed that lack of fiscal policy action to cool prices could precipitate...
More »Truant monsoon spells trouble for soyabean in Central India -Vishwanath Kulkarni and Subramani Ra Mancombu
-The Hindu Business Line Trade sees lower acreage in MP; higher area in Maharashtra, other states For farmers like Sunil Mukhati and hundreds of others near Indore in Madhya Pradesh, gazing at the skies as soon as they get up every day, has become a sort of ritual over the past couple of weeks. “We have been looking at the sky every morning these last few days, hoping that we will get some...
More »OECD-FAO: Global pulses trade to slow as India may boost production by 2030 -G Chandrashekhar
-The Hindu Business Line It observed that world pulses trade grew from 13 ml t to 17 ml t over the past decade The global pulse market that reached a volume of 92 million tons in 2020 - following an annual growth of 3 per cent during the previous decade – is expected to increase by 22 ml t by 2030, says OECD-FAO Agricultural Outlook 2021-2030 released earlier this week. Almost half of...
More »High Food Prices Destroying Family Nutrition in Already Stressed Times -Subodh Varma
-Newsclick.in Prices of basic sources of protein like meat, eggs, pulses, and cooking Oils have zoomed up, as has the cost of cooking gas. Prices of some essential food items have jumped up steadily over the past few months causing devastation of nutritional levels of families and denting already stressed budgets. Adding to this misery is the inordinate hikes in cooking gas prices which have sky-rocketed by 46% since subsidies were all...
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