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India set for record harvest as monsoon retreat signals bumper crop

-The Economic Times NEW DELHI: The monsoon has started withdrawing after delivering near-normal rainfall across the country, setting the stage for a bumper harvest after two years of scanty rain that hit farm output and distressed villagers. "This year the southwest monsoon has overall been good, with most states getting excess to normal rainfall and only few having deficit rains. It is good news for farmers. I am sure we will have record...

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IMD may have got its monsoon forecast wrong

-Livemint.com India has so far received 5% lower rainfall, compared with the long period average, since the onset of the June-to-September monsoon India has so far received 5% lower rainfall, compared with the long period average (LPA), since the onset of the June-to-September monsoon. Around 86% of India has received normal to excess rainfall while 14% still faces a deficit. The India Meteorology Department (IMD) in June forecast that seasonal rainfall is likely...

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Production of kharif pulses seen surging 48% to 8.2 million tonnes -Vishwanath Kulkarni

-The Hindu Business Line Govt also revises Rabi target upwards to 14.4 million tonnes Bengaluru: Higher acreage, driven by the rebound in Monsoon rainfall this year, is seen lifting the country’s pulses production by about 48 per cent in the current kharif season to around 8.22 million tonnes (mt) against 5.54 mt produced in the corresponding season last year, according to the Agriculture Ministry. Production of arhar or tur is seen up by...

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Record increase in sown area under pulses during kharif 2016-17, shows latest data

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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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...

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