Agriculture Economy

Bringing urea under NBS scheme faces farmer income, pricing challenges

Pilot trials using Agri Stack and farmer IDs to rationalise urea use have shown promise, but issues of bringing urea under the Nutrient Based Subsidy and rationalising retail prices remain

Datanomics: India's agricultural trade with US remains marginal

Two-thirds of India's imports of tree nuts (such as almonds and pistachios) came from the US alone

DDGS import cap at 500K tonnes offers distillers temporary relief

Capped DDGS imports under the India-US trade deal offer near-term relief to distillers, but larger quotas could pressure oilseed prices, farm incomes and domestic margins

India aims for self-reliance in fruits, vegetables, flowers, says Chouhan

Union Minister Shivraj Singh Chouhan on Sunday said India has set a clear target of achieving self-reliance in the production of fruits, vegetables, and flowers, asserting that imports in these sectors would no longer be necessary. Addressing a review meeting with officials at the ICAR-Indian Institute of Horticultural Research (IIHR) here, Chouhan said the focus was on identifying high-demand crops and ensuring that their domestic production is profitable for farmers. Outlining the government's approach, the minister said, "Our target is simple. We will not import fruits, flowers, and vegetables. We have to become self-reliant in these areas." The Union Minister for Rural Development, Agriculture and Farmers' Welfare added that India had already made significant progress, calling current production levels "historic". Referring to crops previously dependent on imports, Chouhan said, "We were importing avocados; now we have started producing them." He stressed the need to extend th

India-US trade deal: Industry awaits clarity on agri products tariff cuts

The edible oil and soybean processing industry has cautiously welcomed the India-US interim bilateral trade agreement announced on Saturday, but is awaiting crucial details on tariff cuts, quota mechanisms and quality specifications. Under the pact, while the US will reduce tariffs on Indian goods to 18 per cent from the present 50 per cent, India will eliminate or cut down import duties on all US industrial goods and a wide range of American food and agricultural products, including soybean oil, distillers dried grains with solubles (DDGS), red sorghum for animal feed, tree nuts, fresh and processed fruits, wine and spirits. IMPORT DEPENDENCE DRIVES CAUTIOUS OPTIMISM --------------------------------------------------------- The Solvent Extractors Association of India (SEA) has welcomed the move, particularly given India's heavy dependence on soybean oil imports. During the 2024-25 edible oil year (November-October), the country imported a record 5.47 million tonnes of soybean oil,

India to keep some farm protections in US trade deal, buy arms, energy

The agreement comes after months of tensions between US and India that began to ease in recent weeks, and follows a big trade agreement signed by India with the European Union last month

India-US trade deal explained: What we know and what remains unclear

Even as both PM Modi and Trump hailed the agreement, details on several key issues, including agriculture, India's purchase of Russian oil and the services sector, remain unclear

Reforms for new world order: Budget shows India struggling to feed growth

Despite new policy support and AI-led productivity tools, India's agriculture still faces structural challenges as its GVA share in GDP continues to fluctuate

Union Budget 2026-27: Policy support to keep agri, rural revival on track

Budget 2026-27 strengthens agriculture, MSMEs and rural infrastructure, positioning villages, Tier-II and Tier-III towns at the heart of India's Viksit Bharat vision

Budget 2026: Plantations, fisheries central to farm income strategy

Budget 2026 places special emphasis on plantation crops, fisheries and animal husbandry, proposing targeted schemes to boost farmer incomes, value addition and women-led rural enterprises

Eco Survey seeks modest hike in urea price, raises concerns on farm income

On agriculture, the survey noted the advancements in Indian agriculture pointed to the challenges that impact productivity and incomes that still need to be fully addressed

Niti vs niyat in farm policy: Agri loan authority should be part of Budget

Without a credible opposition or a coherent farm strategy, India's agricultural policy risks drifting into populism, fiscal stress and long-term rural distress

Digital intervention: Fiscal efficiency can work together with soil revival

Linking urea sales to digital farmer IDs could curb leakages and fiscal waste-but only a phased, inclusive rollout can protect farmers and revive soil health

Ahead of FY27 Budget, agri leaders seek tech push to drive growth

Ahead of the FY27 Budget, agriculture industry leaders and experts are making a strong pitch for increased investments in digital infrastructure, climate-resilient farming practices, and technology adoption to transform a sector that employs nearly half the country's workforce but contributes less than a fifth to national output. With agriculture and allied sectors supporting about 45 per cent of India's workforce while contributing only around 18 per cent to the gross value added, industry voices say Budget 2026-27 presents a critical opportunity to reposition the sector as an engine of economic growth rather than just a welfare concern. "Agriculture is increasingly being recognised not merely as a welfare sector, but as a credible engine of economic growth -- one that can drive productivity, employment, rural demand and resilience," said Amit Vatsyayan, Leader, GPS-Agriculture, Livelihood, Social and Skills at EY India. Dairy sector seeks support Heritage Foods Ltd Executive ...

Year-ender 2025: Rural economy steadies as GST cuts offset weak crop prices

Lower crop prices and weak nominal farm growth weighed on rural incomes in 2025, but GST cuts, welfare support, and rising consumption helped stabilise demand and sentiment

IFFCO eyes at setting up JVs abroad to secure finished products for India

India's top fertiliser co-operative plans overseas units with buyback pacts to secure scarce inputs like rock phosphate

Chhattisgarh buys 2.23 mt of paddy during ongoing procurement season

The state's ongoing Kharif procurement benefits over 25 lakh farmers with a support price of ₹3,100 per quintal, backed by a ₹26,200 crore bank guarantee

Agri growth estimated to be lower at 4% in FY26: Niti's Ramesh Chand

India's agriculture sector growth is estimated to be lower at 4 per cent in the 2025-26 financial year compared to the rate of 4.6 per cent recorded in the previous fiscal, a senior government official said on Monday. "It (agri growth) will be close to 4 per cent in FY 2025-26. It is difficult to attribute reasons for lower growth at this point of time," Ramesh Chand, member of government think tank Niti Aayog, told PTI on the sidelines of an agri business summit. The agri growth keeps fluctuating as base effect is low. The flood impact in Punjab is only in a limited area, and that is unlikely to bring down the state's growth, he said. "Looking at the first half of FY 2025-26 growth figures for agriculture sector, the second half will be normal," Chand noted. Farm growth was estimated at 3.7 per cent in the first quarter and 3.5 per cent in the second quarter of the current fiscal year. In 2024-25, overall farm growth reached 4.63 per cent, he added. Chand said India's agricultura

Industry flags 'licence raj' concerns in draft Pesticides Management Bill

Plant protection industries say the draft Pesticides Management Bill risks fostering 'licence raj' and hampering research, citing sweeping inspector powers, price controls and unclear licensing terms

Parl panel asks govt to conduct long-term field trials on nano-fertilisers

To further promote nano-fertilisers, the panel has given many suggestions to the Department of Fertilizers, under the Ministry of Chemicals and Fertilizers