The government’s expectation of the rabi wheat crop making good the shortfall in drought-affected kharif season received a set-back with a lower acreage in wheat, coarse cereals and oilseeds this season. Sowing of pulses, however, is 6.2 per cent higher than last year in the corresponding period. The sowing period ends around January 15. The sowing of rabi wheat, coarse cereals and oilseeds has fallen behind last year and this does not...
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Centre may give bonus on paddy minimum support price by Gargi Parsai
The Union Cabinet will consider on Thursday a proposal to give a bonus of Rs.50 per quintal on the minimum support price of kharif paddy that is being procured, following concerns about getting adequate quantity for the Central pool. It is expected that the kharif paddy output would be lower this season by 12 to 16 million tonnes owing to reduced sowing due to erratic southwest monsoon. Against 388.26 lakh...
More »Production of Kharif foodgrain may fall 16%
The country’s kharif foodgrain production is expected to decline to 98 million tonnes this year from 117.7 million tonnes produced in kharif 2008, Centre for Monitoring Indian Economy (CMIE) said here. “Decline in acreage and expected fall in yield will lead to a 16% drop in kharif foodgrain production. It is expected to fall to 98 million tonnes from 117.7 million tonnes produced in kharif 2008,” CMIE said. The kharif...
More »Time Bomb Ticking
KEY TRENDS • Extreme temperature shocks reduce farmer incomes by 4.3 percent and 4.1 percent during kharif and rabi respectively, whereas extreme rainfall shocks reduce incomes by 13.7 percent and 5.5 percent *& • It is estimated that to cover 50 percent (5 million ha) of the total acreage under rice-wheat cropping system (RWCS) in India, about 60000 Turbo Happy Seeders and 30000 super SMS fitted combines will be required; at present, there are only about 3000...
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