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Monsoon 2023 to be below normal amid El Nino threat, forecasts Skymet - Economic Times

Private weather forecaster Skymet expects the upcoming June-September monsoon to be 'below normal' to the tune of 94% of the long period average (LPA), raising concerns about food grain production in the country. In January, Skymet had forecast the monsoon 2023 to be sub-par and now retains the same outlook.  "Courtesy Triple-Dip-La Nina, southwest monsoon observed above normal/normal rainfall for the last four consecutive seasons. Now, La Nina has ended. Likelihood...

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Real Wages Declined for Rural Indians in 2022, a Year When the Economy Somewhat Recovered

The year 2022 was supposed to mark the recovery of the Indian economy from the Covid-19 pandemic and lockdowns of the preceding two years. However, the Russian invasion of Ukraine in February pushed up prices of food, fuel and fertilizer worldwide. In India consumer price inflation, which had declined to under 5 percent in the September-November period of 2021, has steadily increased, staying above 6 percent throughout 2022.    What happened to rural incomes in 2022? An...

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People’s Commission Calls for National Fertiliser Policy to Reduce Imports, Strengthen CPSEs

-Newsclick.in There is need to build up self-reliance by nurturing the fertiliser CPSEs, rather than dismantling them through disinvestment and privatisation, read the PCPSPS statement. New Delhi: Amid concerns over global availability and growing demand for fertilisers, as well India’s dependence on urea import, the People's Commission on Public Sector and Public Services (PCPSPS) has called for a national fertiliser policy, consistent with the long-term food security strategy in India. “The national fertiliser...

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Rabi season prospects

-Financial Express Higher sowing augurs well for bountiful wheat and oilseed production The resilience of India’s agricultural sector has been a positive factor in the India growth story. During the ongoing rabi season, the average area sown for wheat is up by 25%, to 25.5 million hectares as of December 9, from a year earlier. Area under oilseeds, too, is at record levels. All of this augurs well for bumper Rabi crops...

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Rabi area rise boosts bumper crop hopes, but warm winter a concern -Zia Haq

-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...

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