-Livemint.com The agriculture sector is expected to grow higher than projected 2.1% growth rate in 2017-18 due to likely better output of Kharif and Rabi crop s, the ministry said New Delhi: Days after the Central Statistics Office (CSO) estimated India’s farm growth rate at a poor 2.1% in 2017-18, the agriculture ministry on Sunday said it expects the farm sector to grow at a much higher rate, based on better-than-expected production...
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Agriculture ministry differs with CSO over estimated growth of farm sector
The Ministry of Agriculture and Farmers Welfare has contended that the growth in real Gross Value Added (GVA) by the agrarian sector will not decline in 2017-18 vis-à-vis 2016-17 as has been predicted by the Central Statistics Office (CSO). The first advance estimates of CSO show that the growth rate in GVA at basic price (at 2011-12 prices) of the 'Agriculture, forestry & fishing' sector is likely to dip from 4.9...
More »Bullish Agri Ministry expects higher GVA growth in 2017-18
-The Hindu Business Line ‘CSO’s advance estimate factored in crop coverage data only till August 2017’ New Delhi: The Agriculture Ministry is hopeful of the overall agriculture sector posting a “much higher” gross value added (GVA) growth for 2017-18 than the 2.1 per cent growth estimate put out by the CSO’s advance estimates on Friday. The optimism of achieving a higher than estimated growth rate of 2.1 per cent stems from the fact...
More »What to expect in 2018 from the farm sector: prices could hold key to several political fortunes -Harish Damodaran & Parthasarathi Biswas
-The Indian Express Agricultural prices crashed in April-June, just when a bumper Rabi crop had been harvested after two years of drought, and despite demonetisation. 2017 was agriculture’s annus horribilis. The reason wasn’t monsoon failure (as in 2014 and 2015) or unseasonal rain and hail (as in March 2015); the year was, in fact, largely free of extreme weather events, resulting in a record output of wheat, pulses, cotton, potato and a...
More »Madhya Pradesh, Rajasthan, Chhattisgarh declare drought in 52 districts -Sanjeeb Mukherjee
-Business Standard In MP, reports show sowing of wheat in the ongoing Rabi season has been impacted due to low levels in reservoirs The governments of Chhattisgarh, Madhya Pradesh and Rajasthan have officially declared a drought in 270 tehsils spread across 52 districts this Kharif season, Parliament has been informed. So far in Chhattisgarh, 96 tehsils in 21 districts have been declared drought-hit. In MP, 133 tehsils in 18 districts. In Rajasthan, 41...
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