Agriculture sector remains resilient; Rabi sowing got off to a strong start: RBI

Synopsis India’s total kharif crop production is estimated to moderate to 149.92 metric million tonnes (MMT) from 156.04 MMT in the previous kharif crop year, as per the first advance estimate. On the supply side, Das said, “The agricultural sector remains resilient. Rabi sowing got off to a strong start. The area sown so far […]

India will steer celebration of International Millet Year 2023, says Prime Minister Modi

Synopsis The Prime Minister’s message was conveyed at the opening ceremony for the International Year of Millets (IYM) – 2023 organised by Food and Agriculture Organization (FAO) of the United Nations in Rome, Italy, according to an official statement. India will steer the celebration of International Millet Year 2023 and organise campaigns to promote the […]

Natural Farming to be Included in Agricultural Curriculum, says Minister Narendra Singh Tomar

The union minister informed that 100 per cent natural farming is being done in Dang district of Gujarat. In Himachal too, farmers are fast moving in this direction. Madhya Pradesh has planned it in 5,000 villages. New Delhi: The government will include natural farming in the curriculum of agri education, Union Agriculture Minister Narendra Singh […]

India’s record high prices spur wheat sowing, area up nearly 11% y/y

Synopsis Farmers have also increased acreage under rapeseed, the key winter-sown oilseed, to 7.1 million hectares as of Nov. 25, up from last year’s 6.2 million hectares, the Ministry of Agriculture & Farmers’ Welfare said in its weekly update of sowing data. An intense spell of post-monsoon rains in October and November raised soil moisture […]

India’s cotton exports stall as farmers delay sales hoping for higher prices

Synopsis “Harvesting of the new crop started last month, but many farmers are not willing to sell. They are holding crop hoping prices would rise like the last season,” said Atul Ganatra, president of the Cotton Association of India (CAI). Indian traders are struggling to export cotton despite higher production as farmers are delaying sale […]

Pre-Budget meet: Farmers’ bodies ask government to lift export ban on wheat, other agricultural items

Synopsis Imposition of higher taxes on processed foods was another suggestion made by farmers’ bodies during the virtual meeting with finance minister Nirmala Sitharaman. In a pre-budget consultation with the finance ministry, farmers’ organisations on Tuesday asked the government to lift ban on exports of agri items like wheat and restrict import of products that […]

Wage hike of tea estate workers to increase the cost of production by Rs 16/ kg

Synopsis Wage hike of tea estate workers in West Bengal will lead to an increase in the cost of production by Rs. 16/ kg and will have a substantial adverse impact on the margins of tea estates in West Bengal. The wage hike of tea estate workers in West Bengal will lead to an increase […]

Trade body appreciates Ministry of Textile and Ministry of Agriculture’s initiatives

Leading trade body of textile industry hailed the initiatives taken in a recent meeting of Union Textiles and Agriculture Ministers for holistic growth of Indian cotton textile value chain. In a joint statement, T.Rajkumar, Chairman of Confederation of Indian Textile Industry (CITI), Manojkumar Patodia, Chairman, The Cotton Textiles Export Promotion Council (TEXPROCIL) and  Ravi Sam, […]

India sees uneven distribution of rainfall, may affect foodgrain production

While the monsoon in India is tracking at 11% above normal, the distribution is uneven across the country and could pose a threat to this year’s foodgrain production and may worsen the inflation outlook, analysts said on Tuesday. July is a key month for Kharif. The sowing of kharif crops begins with the onset of […]

Amit Shah to decide on more sugar exports Likely to clear 7-12 lakh tonnes, including raws from mills and ports

While the sugar industry expects the Centre to release an additional 7-8 lakh tonnes (lt) of sugar over and above the 100 lt cap fixed from June 1, there could be bonus for millers. The Government may allocate 12 lt to which officials have agreed. A decision is likely to be taken by Home Minister […]