-The Indian Express Between 2013-14 and 2016-17, India’s exports of agricultural commodities have dipped from $43.2 billion to $33.8 billion, even as imports have climbed from $15.5 billion to $25.6 billion Falling exports and rising imports — this has been the story of the country’s agricultural trade over the last three years, notwithstanding the Narendra Modi government’s ambitious Make in India initiative. Between 2013-14 and 2016-17, India’s exports of agricultural commodities have dipped...
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Is there a reason to cheer record horticulture harvest? -Sayantan Bera
-Livemint.com Fiscal 2017 marks the fifth straight year when production of horticulture crop surpassed that of foodgrains New Delhi: Latest numbers from the agriculture ministry released on Tuesday showed that production of horticulture crops like fruits and vegetables touched a record high of 295 million tonnes in 2016-17. Apart from being higher than foodgrain production estimated at 273 million tonnes during this period—another record i.e. 2016-17 marks the fifth straight year when...
More »Farm provides growth impetus
-The Telegraph New Delhi: A robust farm growth of 5.2 per cent in the March quarter pushed GDP growth up to 7.1 per cent. However, growth in the sector was lower than the previous quarter's expansion of 6.9 per cent. Farm growth for the full fiscal zoomed to 4.9 per cent because of good rainfall and record food-grain production compared with a near flat 0.7 per cent expansion in 2015-16. "The third...
More »5% GST on hulled grain may hit millets hard -Sharath S Srivatsa
-The Hindu Millet traders plan to approach Finance Ministry for relief; tax rate will not only affect consumers, but also farmers Bengaluru (Karnataka): The 5% tax on hulled grain, under the Goods and Service Tax (GST) to be rolled out from July 1, is going to be a dampener for many. For the first time, millet rice is coming into the tax bracket, and this will make it dearer for consumers. Known for...
More »This year to see highest-ever yield of fruit, spices, flowers & veggies
-The Times of India NEW DELHI: India is likely to have the highest ever production of horticulture crops, including fruit and vegetables, in the 2016-17 crop year, ending June. The total production is estimated at 295 million tonnes, 3.2% higher than in 2015-16. The estimate shows that 2016-17 will be the fifth straight year when India's horticulture production will outstrip that of foodgrains. The foodgrain production for 2016-17 is estimated at 273.38...
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