-The Financial Express Thanks to normal monsoon rains last year after two consecutive years of ‘deficient’ rainfall, India’s foodgrain production is estimated to touch an all-time high of 273.38 million tonne (MT) in the 2016-17 crop year (July-June), which is 8.7% more than the previous year. The previous record output was 265.04 MT in 2013-14. According to the third advance estimate released on Tuesday by agriculture ministry, the output of rice, wheat,...
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Crop loan recovery rates see sharp decline in Maharashtra -Abhiram Ghadyalpatil
-Livemint.com Farmers are already refusing to repay loans in Maharashtra, expecting a waiver in the works on the lines of that in Uttar Pradesh Mumbai: Would you bother to repay a loan if it was going to be written off anyway? Probably not. There’s no farm loan waiver in Maharashtra yet, but farmers are already refusing to repay loans as they expect a waiver in the works, officials in the state’s co-operative banking...
More »Farmers wilt under fodder, water crisis in Karnataka -Vishwanath Kulkarni & Anil Urs
-The Hindu Business Line Bengaluru: “There is no wateror fodder this year, and it has become tough to manage my three cows,” says Nagamma, a dairy farmer at Maradevanahalli village in Maddur taluk. The cows and her one-acre farm are her only sources of livelihood. “The milk yields have reduced: these days I get only about 5-6 litres, against 10-12 litres earlier,” she adds. The Maradevanahalli village panchayat provides about 200 litres...
More »El Nino seen arriving too late to hurt India's monsoon rains -Pratik Parija
-Livemint.com/ Bloomberg A late El Nino may miss India’s monsoon season that runs from June through September, accounting for more than 70% of rain and watering more than half of all farmland New Delhi: India’s monsoon may escape the effects of a possible El Nino as the event that can bring dry weather to the world’s top cotton grower and second-biggest wheat and sugar producer. “Mostly it may not have any impact on...
More »Record foodgrain, oilseed output likely this year
-The Indian Express According to the agriculture ministry’s second advance estimates of crop production for this year, total foodgrain output will surpass the previous all-time-high of 2013-14. India’s production of foodgrains and oilseeds is expected to hit record levels in 2016-17 on the back of a normal southwest monsoon and a decent winter, which would more than offset the impact, if any, of demonetisation. According to the agriculture ministry’s second advance estimates of...
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