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Area under wheat sowing has more than doubled so far: Government

-PTI NEW DELHI: Farmers have planted wheat in 15.19 lakh hectares so far in the ongoing rabi (winter) season, more than double the area covered a year earlier, the Agriculture Ministry said today. Wheat was sown in 6.46 lakh hectares in the same period last year, latest government data showed. Sowing of wheat, the main rabi crop, starts at the end of October and harvesting begins in April. "Area under the crop is...

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India set for bumper winter crops in wake of monsoon rains

-Reuters NEW DELHI/MUMBAI: India looks set for bumper harvests of winter crops such as wheat, chickpeas and rapeseed in the wake of a strong monsoon that has left the soil moist and topped up reservoirs. The crops will follow bountiful summer harvests of rice and soybeans due to the rains, with New Delhi looking to boost agricultural growth to cool double-digit food inflation and revive a slowing economy as manufacturing struggles. With next...

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Roads and mobile phones have taken India's growth to Bharat-Neelkanth Mishra

-The Economic Times Sometimes, putting one and one together does make 11, but many of us seem hardwired in our thoughts to assume rural income growth is a zero-sum game. For example, some people believe subsidies have driven the 15-20 per cent a-year growth in rural wages over the last five years. They come up with "explanations", including "people are selling land and consuming", "rising minimum support prices", and "NREGA is...

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Food inflation: How to decode the onion price puzzle-Usha Tuteja

-The Economic Times It is ironical that food inflation surged to around 18% in August when agriculture is the primary hope in the economy. The culprit was mainly vegetables and, within that, onions. Onions are once again in the news due to steep rise in retail prices by almost 25% in a fortnight. Safal outlets in Delhi have set the price at Rs 60 per kg whereas some other retailers are charging...

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Kharif Foodgrain Output May Surpass 2012 Level: Pawar

-Outlook India's foodgrain production is projected to increase marginally in the kharif (summer) season this year to 129.32 million tonnes after more than half the country received normal monsoon rains. "Total foodgrain production in the kharif season of the 2013-14 crop year is definitely expected to be higher than last year's level at 129.32 million tonnes," Agriculture Minister Sharad Pawar told PTI. Foodgrain output stood at 128.2 million tonnes in last year's kharif...

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