-Business Standard This is the time when farm labour is engaged in the fields which result in a dip in demand for work under MNREGA New Delhi: November is considered the best month for sowing of rabi crops as the winter starts setting in and the residual moisture in soil is still available, lowering farmers reliance on ground water. This is also the time, when farm labour is engaged in the fields and...
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The mystery of agricultural growth -Himanshu
-Livemint.com Latest data released by ministry of agriculture shows that sowing of rabi crops, expected to be higher than last year, is still lower than normal area sown That demonetisation will cause Indian economic growth to slow is no longer a matter of speculation. While clear estimates of the extent of deceleration will only emerge after some time, preliminary estimates of automobile sales and the purchasing managers’ index (PMI) for manufacturing...
More »For agri input providers, rising crop acreages is bittersweet news -R Sree Ram
-Livemint.com While the good news is that crop acreages are not hit, the bad news is that the cash crunch is impacting sales—if this lasts long, demand destruction can be severe The winter or rabi crop sowing has gathered pace after a setback. The past two readings from the ministry of agriculture show crop sowing growth of 4-8% from the year-ago levels. In the first week after demonetisation, sowing dropped 0.7%. Sowing has now...
More »Demonetisation crushes green shoots in rural India -Rashmi Pratap
-The Hindu Business Line Rabi sowing down; sales of tractors and two-wheelers dip Mumbai: The demonetisation of high-value currency notes seems to have crushed the tender green shoots of economic recovery in rural India by choking off life-sustaining money supply and impeding the wheels of commerce from spinning. From FMCG firms to two-wheelers to tractor makers, companies had been looking forward to an increase in rural demand in the wake of an adequate...
More »Narendra Modi's crop insurance scheme has few takers -Sayantan Bera
-Livemint.com Only 23.6% of farmers enrolled for the scheme in 2016, against 22.2% in 2015 New Delhi: Despite setting an ambitious target to cover half of all farmers under crop insurance, the first season rollout of the Pradhan Mantri Fasal Bima Yojana (PMFBY) has been tepid. According to the agriculture ministry, during the kharif 2016 season beginning June this year, 32.6 million farmers enrolled under PMFBY. While that is a 6.3% rise in...
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