Agriculture Economy

Maharashtra's economy likely to grow 7.9% in 2025-26: Economic Survey

Maharashtra's economy is expected to grow at 7.9 per cent in 2025-26 while the per capita income is projected to reach Rs 3.47 lakh, as per the Economic Survey tabled in the state legislature on Thursday ahead of the Budget. The agriculture and allied sector is expected to grow by 3.4 per cent in the present financial year. Industry is expected to grow by 5.7 per cent and the services sector by 9 per cent during this period, the survey said, adding that the services sector continues to drive the state's economy. According to the budget estimates for 2025-26, the state's revenue receipts are expected to be Rs 5,60,964 crore, including Rs 4,77,400 crore tax revenue and Rs 33,052 crore non-tax revenue. The state has maintained its fiscal deficit within 3 per cent of GSDP, and it is estimated at 2.7 per cent in 2025-26. Maharashtra continues to remain one of the strongest and most dynamic economies in the country, driven by balanced growth in agriculture, industry and services, large .

Managing the food economy: Procurement must be aligned with requirements

With rice stocks far above buffer norms, India must shift from open-ended MSP procurement to diversified, sustainable agriculture without hurting farmer incomes

Agricultural shift from subsidies to sustainability may be the way ahead

Ramesh Chand argued that India already looks like a "world power" in rice but added that ambition has to be filtered through desirability and consequences

Agriculture Minister renews push for DBT of fertiliser subsidy to farmers

Shivraj Singh Chouhan says it would give them the freedom to choose which fertilisers to buy and in what quantities

Soil health, markets key to agricultural growth: Experts at BS Manthan

Experts at BS Manthan say India can become a global food hub, but must fix soil health, reform fertiliser subsidies and ensure farm growth is more balanced across crops and states

Time has come for national debate on DBT in fertilisers, says Chouhan

Union Agriculture Minister Shivraj Singh Chouhan calls for a national debate on direct benefit transfer in fertilisers to curb diversion and ensure subsidies reach farmers

Budget 2026 shifts focus to allied sectors as farm economy diversifies

Despite criticism over gaps in farm support, Budget FY27 sharply raises allocations for fisheries, animal husbandry and cooperation, underlining the growing role of allied sectors

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