A fall in the rate of inflation (on point to point basis) in Consumer Food Price Index (CFPI) from 8.35 percent in July to 5.91 percent in August this year is indicative of the positive developments that has taken place during recent months in the agricultural sector, which is expected to further cool off food prices in the near future. A document from the Ministry of Agriculture and Farmers Welfare...
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Govt may increase MSP for rabi crops by 10% -Sandip Das
-The Financial Express Likely to give bonus of up to Rs 425 per quintal on pulses In a bid to boost production of pulses and oilseeds, the government is likely to announce 5 to 10% hike in minimum support price (MSP) for the rabi crops, including wheat, barley, gram, masur and mustard, for the 2016-17 season besides a bonus on pulses in the range of Rs 250 to Rs 425 per quintal. Sources...
More »Kharif sowing till date 4.2 per cent higher than last year
-The Hindu Business Line Acreage under rice, pulses, coarse cereals, oilseeds higher NEW DELHI: The area sown under the seven kharif crops in the on-going sowing season till date at 1054.49 lakh hectare is about 4.2 per cent more than the sowing in the same period last year due to better monsoon rains this year. The total acreage till September 9 2016, as per figures released by the Agriculture Ministry on Friday, is...
More »Demand for agriculture inputs cools on dry spell -R Sree Ram
-Livemint.com While higher crop acreage should ensure positive growth, much depends on how September rains pan out and the kind of platform it lays out for the next crop season Caution is finally setting in for agriculture inputs stocks. As the weather office released two rain deficit reports (on a cumulative basis), shares of Rallis India Ltd, Dhanuka Agritech Ltd and Gujarat State Fertilizers & Chemicals Ltd lost a bit of...
More »'Doom for Punjab': Paddy yield to be all-time high, good news or bad? -Gurpreet Singh Nibber
-Hindustan Times Chandigarh: Thanks mainly to the largesse of 10,000 tubewells and mass switch from whitefly-shadowed cotton, Punjab’s paddy yield is going to be an all-time high of 186-lakh tonnes. What could be worse. The experts are worried that this non-native crop may bring “momentary respite” to farmers but “spell doom for Punjab”. Paddy — never grown over 30-lakh hectares or 94-lakh acres before — has eaten into the area of other...
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