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India's foodgrain production reached a record 332.22 million tonne in the 2023-24 crop year ended June, driven by bumper wheat and rice output, the agriculture ministry said on Wednesday. The final estimate for 2023-24 shows an increase of 2.61 million tonne from the previous year's 329.6 million tonne, the ministry said in a statement. Rice production touched a record 137.82 million tonne, up from 135.75 million tonne in 2022-23. Wheat output also hit a high of 113.29 million tonne as compared to 110.55 million tonne the previous year. However, pulses production declined to 24.24 million tonne from 26.05 million tonne and oilseeds output fell to 39.66 million tonne from 41.35 million tonne. The ministry attributed the decline in pulses, coarse cereals, soybean and cotton production to "drought-like conditions in southern states, including Maharashtra and prolonged dry spell during August especially in Rajasthan". Sugarcane production decreased to 453.15 million tonne from 490.53
The European Commission, the executive arm of the European Union, is proposing to member countries to impose tariffs on grain imports from Russia and Belarus, commission President Ursula von der Leyen said Thursday. Speaking at the end of the opening day of a summit of EU leaders in Brussels, Von der Leyen said the move would prevent Russia from destabilizing the EU market with its imports of cereals, oilseeds and derived products. It will stop Russia from using the revenues from the export of these goods to the European Union, and it will ensure that illegal Russian exports of stolen Ukrainian grain do not enter the EU market, she said. Von der Leyen did not give any details about the value of the proposed tariffs. Russia was one of the main trade partners of the European Union before it invaded Ukraine. In support to Ukraine in the war against Russia, the EU has imposed several rounds of sanctions on Russia. The measures have targeted the energy sector, banks, the world's bigges
India's foodgrain production is estimated at an all-time high of 323.55 million tonnes in the current crop year ending June, driven by the projection of a record output of rice, wheat and pulses. Agriculture minister Narendra Singh Tomar attributed the record foodgrain output to hard work by farmers and agri scientists, besides the government policies. In its second advance estimates of production of foodgrains released on Tuesday, the Union agriculture ministry said that wheat production is estimated at record 112.18 million tonnes in the 2022-23 crop year (July-June), up 4.44 million tonnes from the previous year. The previous high in production of wheat, a major rabi crop, was achieved in the 2020-21 crop year at 109.59 million tonnes. The output had fallen to 107.74 million tonnes in the previous year due to heat waves in some producing states. Rice production is estimated at 130.83 million tonnes in 2022-23 crop year, up 1.36 million tonnes from the previous year, an official