As many as 13 out of 18 indicators analysed by Business Standard showed a contraction in Apr-Jun, ranging from services exports at a 10% clip, to domestic air travel with more than 90% fall
The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020 was brought in to legalise contract farming
According to the statement, inflation based on food index of CPI-AL and CPI-RL stood at (+) 8.57 per cent and (+) 8.41 per cent, respectively, in June 2020
Echoing a similar view Raghuram Rajan, Subbarao's successor at the RBI, said one positive factor for the Indian economy is that the agriculture sector is doing well
Though it may not have a huge impact on overall economic growth given its diminishing share in India's GDP, positive growth in agriculture has the potential to revive the rural economy
Referring to the Ordinances, SIngh said the APMC system in Punjab had stood the test of time and served the state and the country well over the last 60 years
The State Bank of India has also created a separate business vertical to focus on financial inclusion and micro-markets (FI&MM) in semi-urban and rural areas
The production of cereals, pulses and oilseeds is estimated to decline by 1.95 per cent, 2.22 per cent and 13.48 per cent, respectively, in 2019-20 compared to last year, according to the report.
The farm sector is expected to perform well in FY21 as well.
As the data relates to pre-Covid lockdown period it does not reflect the real picture of distress which unfolded from April onwards in the sector
More than normal rainfall, it is the distribution, spread and timeliness that will play a bigger role in improving the lot of farmers
Stock limits will be imposed only under exceptional circumstances like national calamities and famine, said the FM
The government has extended the Covid-19 lockdown - but provided little succour to the most vulnerable
Farm sector growth will top 3 per cent in the year started April 1, Ramesh Chand, an adviser to PM Narendra Modi, said in an interview.
The second advance estimate of foodgrain production released a few days ago estimated the wheat output at an all-time high of 106.21 million tonnes
In a country as vast and diverse as India, it will require a variety of development approaches to bring the benefits of growth and prosperity to all agriculturalists
The food processing sector is growing at an average annual growth rate of more than 5 per cent over the last six years ended 2017-18, it added
Just around 20% of 8.60 crore beneficiaries registered so far under PM-KISAN have received their third installment and the cut-off date is November-end
RBI report provides damning evidence
Priyanka Gandhi cited a media report which said that five farmers have committed suicide in as many days in Bundelkhand's Banda