-The Economic Times NEW DELHI: The price of vegetables, particularly onion, could rise in the coming months as the government has estimated that output is slightly lower than last year. Horticulture output has not kept pace with the robust growth in the estimated production of foodgrains and oilseed in the crop year to June 2017, advance estimates of the agriculture ministry showed on Friday. Production of vegetables is estimated to be around...
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Ramesh Chand, Niti Aayog member, interviewed by Prasanta Sahu and Sandip Das (The Financial Express)
-The Financial Express While the Central Statistical Organisation has estimated “agriculture and allied services” to grow 4.1% in FY17, Niti Aayog member Ramesh Chand expects the growth rate to be a handsome 7%. Chand spoke to FE’s Prasanta Sahu and Sandip Das on critical factors that need to be addressed to ensure at least 4% annual growth over the next 15 years. * How do you foresee the direction of the agricultural...
More »Bumper foodgrain output expected in 2016-17 but production during rabi may be lower vis-a-vis 2013-14
After facing intense criticisms from various sections of the society following its policy of demonetisation during November-December, 2016, the NDA government has finally something solid to cheer about. Riding on the back of a normal monsoon, gross foodgrain production is likely to reach a record level of about 272.0 million tonnes in the crop year 2016-17. As per the second advance estimates of foodgrain production, which has been released by...
More »Budget and agri-commodity trading: Searching for a spot in the future -Pravesh Sharma & Raghav Raghunathan
-The Indian Express Integration of spot and derivatives markets for farm produce via e-NAM can be a potential game-changer There isn’t much from the recent Union Budget as far as new ideas for agriculture goes, yet it sends out a couple of signals suggesting the Narendra Modi government’s intent to integrate farmers better with the markets. One such signal is the proposal to come out with a ‘model law’ on contract farming for...
More »Horticulture output to exceed foodgrain yield -Sanjeeb Mukherjee
-Business Standard Foodgrain production is projected to be more than 270 million tonnes India’s horticulture production, at around 287.32 million tonnes, will continue to outstrip that of foodgrain by a good margin in 2016-17 also, even as vegetables might see just a marginal decline. Foodgrain production is projected to be more than 270 million tonnes. Under horticulture, fruit production in 2016-17 is expected to be 91.72 million tonnes, against 90.18 million tonnes last year. Vegetables...
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