The Central Statistics Office (CSO) has recently made an upward revision to the growth to be experienced by the agrarian economy in the present crop year (viz. from July, 2017 to June, 2018). The growth in real Gross Value Added (GVA) by the agrarian sector as a whole is expected to be 3.0 percent in 2017-18 as per the second advance estimates of national income for 2017-18, which was released...

-Deccan Chronicle Nearly 40 per cent of the crops were lost due to the pest attack. HYDERABAD: The Telangana state government has decided to encourage the cultivation of pulses in place of cotton during the ensuing kharif season in June. This is because cotton farmers had suffered huge loss in 2017 due to the pink bollworm attack and there are concerns about pests harming the cotton crop again during the kharif season....

-Livemint.com Linking MSPs to a multiple of costs and ignoring other dynamics, such as demand and global prices, risks creating distortions and disincentivizing productivity Government policymaking seems to be making a volte-face from supporting consumers (by keeping food inflation low), to supporting producers (by raising food prices). In the 2018-19 Union budget, the government “decided to keep minimum support prices (MSP) for all unannounced crops of kharif at least at one-and-a-half times of...

-The Hindu Business Line Good kharif crop, govt thrust on agri and rural segments boost sector’s Q3 performance Chennai: Encouraged by the continuing momentum in sales, the tractor industry hopes to end the current fiscal with highest-ever domestic volumes close to 6.8 lakh units. The industry’s previous highest domestic number was in 2013-14 when domestic sales stood at 6.34 lakh units. Tractor companies and industry analysts project a growth rate of 17-18 per cent...

-Livemint.com The positions of two non-official members representing farming community and one official member have been vacant for 2 years New Delhi: Following years of low crop prices and protests by farmers, the centre in its budget for 2018-19 promised to ensure remunerative prices for farmers through higher minimum support prices (MSPs). However, in the Commission for Agricultural Costs and Prices, or CACP— an office of the agriculture ministry mandated to recommend...