-Hindustan Times The total cultivated area under wheat, the main winter staple currently in short supply, jumped 25% as on November 10, compared to the corresponding period of last year, latest official data showed, boosting hopes of a bumper 2022-23 crop. Acreages of most rabi or winter-sown crops stand higher than last year, the farm ministry’s data showed. However, a warmer-than-average winter so far remains a concern for Farmers because wheat needs...

-The Hindu Business Line The main grouse that States have with PMFBY is that while premiums are distributed evenly across participants, claims are cornered by a few Six years after its launch and post multiple overhauls, Pradhan Mantri Fasal Bima Yojana (PMFBY), India’s flagship scheme for crop insurance, has largely failed to deliver on its objectives. An expert committee steered by Ashok Dalwai recently submitted a report showing that, between 2016 and...

-The Hindu Business Line Acreage under oilseeds, paddy and other rabi crops gains Wheat acreage in Uttar Pradesh, the country’s largest producer of winter-grown cereal, has jumped 36 per cent to 75.91 lakh hectares (lh) as of Friday from 55.82 lh a year ago. This has, in turn, resulted in the country’s overall sowing of all crops registering a 15 per cent growth in the ongoing rabi season so far. As of December...

There is some respite expected for India in terms of prices of imported commodities. This may ease the depletion of its foreign exchange reserves. The country has faced a widening of its merchandise trade deficit from US$ -17.91 billion to US$ -26.91 billion between October 2021 and October 2022. The commodity price data provided by the World Bank in December 2022 (termed as The Pink Sheet) shows that energy prices plummeted by...

-The Hindu “It would have been better if seed production trials take place in a controlled rather than in an open environment so as to assess various risks before conducting open field trials,” read a statement by the AIPSN. Following the go-ahead for production and field testing of hybrid seeds of genetically modified (GM) mustard, All-India Peoples Science Network (AIPSN) has demanded that the open field tests, if any, be conducted with...