-Outlook The agriculture sector witnessed record foodgrains output of 257.44 million tonnes in this year enabling the country to become world's largest rice exporter for the first time, but the monsoon played spoilsport dashing farmers' hopes of an encore in 2013. A hefty increase of Rs 1 lakh crore in farm credit target to Rs 5.75 lakh crore was a major highlight for the sector in 2012, while the continuing farmers suicide...
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Wheat output may remain stable this Rabi season-Madhvi Sally
-The Economic Times AHMEDABAD: Wheat output may remain stable this season due to remunerative prices and sufficient water availability. However, agriculture officials feel that the delay in announcing wheat MSP for rabi season might deter farmers. "We don't see a drop in wheat acreage this year and the production should clock similar to that of previous year's 93.90 million tonne. It will be too early to say that the area will increase...
More »Major Crop Production to Dip by 2.3% in FY'13: CMIE
-Outlook Output of major crops, both food and non-food, is expected to decline by about 2.3 per cent in 2012-13 as sowing has remained sluggish, economic think tank CMIE has said. "Production of major crops is projected to decline in 2012-13. A fall in output of both food and non-food crops is expected to dip by 2.3 per cent," Centre for Monitoring Indian Economy said in its monthly report. Kharif acreage continued to...
More »Karnataka facing drought: Top official
-IANS BANGALORE: Karnataka is facing a drought and water levels in reservoirs across the Cauvery river basin have dropped due to deficit rains, a Central Water Commission (CWC) official said on Saturday. "I have realised that there is drought in Karnataka due to deficit rainfall and water levels in the reservoirs of Cauvery are lower than last year due to a weak monsoon," CWC member KC Jacob told reporters here. Assuring the state...
More »Foodgrain output projected to decline by 10 per cent: Pawar
-PTI India's foodgrains production is projected to decline by 10 per cent in the kharif season of this year at 117.18 million tonnes due to deficient monsoon and drought in some states. However, the government expects to make up for the decline in output during the Rabi season (winter sown crop). Foodgrain output stood at 129.94 million tonnes (MT)in last year's Kharif season. The production of rice - a major Kharif crop -...
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