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Record production of foodgrains likely in Kharif season: Sharad Pawar

-PTI NEW DELHI: India is likely to achieve record production of foodgrains and other crops in Kharif season of 2013-14 because of good monsoon that has led to the doubling of sowing area, Agriculture Minister Sharad Pawar said today. "All kharif crops put together, acreage has reached 401.69 lakh hectares as on July 5, as against 215.6 lakh hectares in the same period last year. This is a very very good picture....

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Early sowing raises hope; all eyes on July rain-Sanjeeb Mukherjee

-The Business Standard Experts say too early to estimate final output The sowing of kharif crops is on at breakneck speed in most parts, but analysts say much of the final output will depend on the weather in the next month. The current weak monsoon phase in most of the northern parts of the country is adding to the worry. Experts believe if the rains go for a prolonged break in...

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Muted MSP hike positive for food inflation: Nomura

-PTI MUMBAI: The recent five per cent hike in the MSP against 15 per cent average hike in support price for farm produce in the last six years is likely to have only a nominal impact on food inflation Japanese brokerage firm Nomura said in its research report. Government last week raised the MSP of nine farm items, including some pulses and oilseeds, in the range of Rs 60-450 per quintal for...

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Environment ministry ignores states' opposition, approves GM trials -Nitin Sethi

-The Times of India NEW DELHI: The environment ministry's Genetic Engineering Appraisal Committee (GEAC) has cleared field trials for genetically modified rice, wheat, maize and castor for the Kharif season of 2013. The clearances - some of them extension of existing clearances that stood to lapse with state governments opposing field trials and others for relocating trial sites - come while the Biotechnology Regulatory Authority of India Bill is pending before the...

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Foodgrain production in kharif season likely to increase by 8% -Jacob P Koshy and Ragini Verma

-Live Mint The kharif crop may improve by 8.1% to 135 million tonnes, after falling by 2% last year due to weak monsoon Foodgrain production in India's kharif season, the summer crop, is estimated to increase by a little more than 8% this year on expectations of normal monsoon rains, boosting hopes of a recovery in Asia's third largest economy and a decline in food price inflation. The kharif crop may improve by...

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