Ample monsoon rains and higher prices of farm goods are likely to lift Indian fertiliser demand in 2010/11 by 13 percent to a record 60 million tonnes, testing local fertiliser makers' ability to raise output in sync with the demand, industry officials said. India's June-Sept monsoon rains, a key factor in determining food grain production and fertiliser demand in the country, were 2 percent above normal in the current year, weather office data showed....
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Sharp hike in MSP for pulses proposed
Higher support prices for kharif pulses has resulted in a sharp jump in acreage under cultivation and production is estimated to rise to 6 million tonnes in the kharif season of the 2010-11 crop year The support price for wheat is likely to be hiked by a nominal Rs 20 in the rabi season, but the procurement rate for pulses could go up sharply, as the government wants to reduce dependence...
More »Ideal time to export surplus food stocks, say economists by Devika Banerji
Blame stubborn procurement policy as the root of all evil. With the government sitting on heaps of foodgrain and with an acute shortage of quality storage facilities, analysts, some within the government, suggest exporting foodgrain and reviewing procurement policy. The suggestion is gaining ground among advisors and experts, given the current global situation, where wheat prices are on the rise on fears of subdued production in drought-hit countries like Russia, Uzbekistan and...
More »Agriculture yield to cross target: govt
Despite erratic and unevenly distributed monsoon this year, the government has predicted that food production in the state will touch 90.94 lakh tonnes in 2010-11. Agriculture minister Umesh V Katti on Tuesday said this year's production will surpass the target of 87.27 lakh tonnes. "This will be made possible by implementing technologies like precision farming and timely distribution of quality seeds," he pointed out. EXPERT PANEL ON CARDS The government will soon set...
More »Kharif output set to be higher than last year: Pawar by Gargi Parsai
Union Agriculture Minister Sharad Pawar on Thursday said that the kharif production at 114.63 million tonnes for 2010-11 crop year was “comfortable.” “The output is better than last year which was a drought year, but lower than 2008-09, which was a normal year.” “The kharif production looks good. Area under crops such as paddy, pulses, cotton and sugarcane is more than last year,'' he told journalists after the Agriculture Ministry released the...
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