Reserve Bank of India (RBI) data showed the services sector clocked a pace of 26.7 per cent in June against 12.8 per cent a year ago
A leading association of soybean processors on Tuesday estimated that the crop has been sown in about 90.50 lakh hectares in the country during the current kharif season. The organisation -- Indore-based Soybean Processors' Association of India (SOPA) -- believes soybean sowing this season might be slightly less than the last time due to the delay in the arrival of monsoon and the preference of farmers for other crops. SOPA said of the total 90.50 lakh hectares where soybean was sown till July 10, 42.66 lakh hectares was in Madhya Pradesh, the country's largest soybean producer, where the crop is popularly known as "yellow gold" among farmers. According to the latest data of the organisation, soybean has been sown in 30.8 lakh hectares in Maharashtra, 10.28 lakh hectares in Rajasthan, 2 lakh hectares in Karnataka, 1.85 lakh hectares in Gujarat, 1.65 lakh hectares in Telangana, 35,000 hectares in Chhattisgarh and 85,000 hectares in other states. SOPA Executive Director DN Pathak tol
Area under paddy is down 26 per cent to 26.55 lakh hectare so far in the ongoing kharif (summer-sown) season amid slow progress of the southwest monsoon. The paddy acreage stood at 36.05 lakh hectare in the corresponding period last year, according to the agriculture ministry data. Paddy is the main kharif crop, sowing of which normally starts with the onset of southwest monsoon. About 80 per cent of the country's total rice production comes from kharif season. Area under pulses is marginally less at 18.15 lakh hectare so far from 18.51 lakh hectare in the same period last year, the ministry said in a statement. Shri Anna-cum-coarse cereals acreage has risen at 36.23 lakh hectare so far as against 22.41 lakh hectare in the corresponding period last year. Area under oilseeds has increased at 21.55 lakh hectare from 18.81 lakh hectare.Cotton acreage is down at 40.49 lakh hectare so far from 47.04 lakh hectare last year. Area under sugarcane stood at 54.40 lakh hectare as against 52.
Sowing of several major kharif crops, such as rice, arhar, soybean and cotton, continued to be below last year's level
Area under paddy is down nearly 35 per cent to 10.77 lakh hectares so far in the ongoing kharif (summer-sown) season amid some initial delays in the progress of the southwest monsoon. The rice acreage stood at 16.46 lakh hectares in the corresponding period of last year, according to agriculture ministry data. Area under coverage for pulses is higher at 6.54 lakh hectares so far from 6.30 lakh hectares in the same period last year, the ministry said in a statement. Shri Anna-cum-Coarse Cereals acreage stood higher at 18.95 lakh hectares so far as against 13.38 lakh hectares in the corresponding period last year. Area under coverage for oilseeds is down slightly at 9.21 lakh hectares from 9.52 lakh hectares. Cotton acreage is also down at 28.02 lakh hectares so far from 32.67 lakh hectares last year. Area under sugarcane remains flat at 50.76 lakh hectares so far this year as against 50.74 lakh hectares. Total acreage under all major kharif crops is 129.53 lakh hectares as on Frid
Despite government price controls, experts predict that the lack of proper rainfall will result in prices staying high in the foreseeable future
Monsoon may see climate phenomenon, but country has enough stocks of chana
Punjab Chief Minister Bhagwant Mann on Monday said that the state government is fully prepared to ensure smooth and hassle-free sowing of paddy crop during the upcoming kharif season across the state. According to an official statement here, the chief minister said that as per the suggestions received from farmers, the state government has decided to commence the sowing of paddy across the state in a phased manner. He said that the paddy sowing will begin on June 10, 16, 19 and 21 in different parts of the state. The state has been divided in four zones to implement this sowing mechanism. To ensure smooth irrigation in a staggered manner, the first phase will begin on June 10 with transplantation in the cultivable land near the international border areas. Mann said that uninterrupted power from June 16 will be ensured in the second phase to seven districts -- Ferozepur, Faridkot, Pathankot, Sri Fatehgarh Sahib, Gurdaspur, SBS Nagar and Tarn Taran. In the third phase, paddy ...
In the ongoing Kharif marketing season 2022-23 in states, 58.10 lakhs farmers benefitted with MSP value of Rs 1,01,475.06 crore, the Food and Public Distribution Ministry said on Tursday
While the total payables against purchase is to the tune of nearly Rs 5,200 crore, the farmers have already received about Rs 4,000 crore in their registered bank accounts
Researcher says the contributory margin of companies selling and importing MOP is negative due to inadequate subsidies on potash
The Bhupesh Baghel government is paying a bonus to the farmers under the Rajiv Gandhi Nyay Yojana and facilitating them to get Rs 2,500 for a quintal of yield
The total number of paddy crop residue burning events during September 15-October 30 period in Punjab, Haryana, Delhi and NCR districts of Uttar Pradesh and Rajasthan have come down to 53,792 this year, a reduction of over 31 per cent, compared to the corresponding period in 2021, according to data shared by authorities on Monday. The total active fire counts (for 'kharif' season) in Punjab, Haryana, and NCR districts of Uttar Pradesh and Rajasthan, and Delhi for 2021 had stood at 78,550 in 2021. The Commission for Air Quality Management (CAQM) in the National Capital Region and Adjoining Areas in a statement also said that out of the 23 districts of Punjab, the five hotspot districts with maximum number of crop burning events during the current year are Sangrur, Bhatinda, Firozpur, Muktsar and Moga, recording a total of 21,882 fire counts, i.e., 43.83 per cent of the total fire counts during the current year. Only one district reported more than 5,000 fire counts during the current
Gross value added (GVA) for agriculture, forestry and fishing during the comparable period of last year was 3.2 per cent
An estimated Rs 14,000 crore is expected to be injected into the rural economy of Uttar Pradesh through the procurement of paddy in the current 2022-23 kharif marketing season
The government's paddy procurement for the central pool rose 12 per cent to 170.53 lakh tonnes till October of the ongoing 2022-23 kharif marketing season, according to the food ministry data. Higher quantities of paddy were purchased from Punjab, Haryana and Tamil Nadu. Normally, paddy procurement begins immediately after the withdrawal of the Southwest monsoon from October onwards. However in southern states, especially in Kerala and Tamil Nadu, it begins from September. The government aims to procure 771.25 lakh tonnes of paddy in the 2022-23 kharif marketing season (October-September). The actual procurement stood at record 759.32 lakh tonnes in the previous kharif marketing season. According to the official data, the overall paddy buying has increased to 170.53 lakh tonnes till October 31 of the 2022-23 kharif marketing season from 152.57 lakh tonnes in the year-ago period. Out of the total, about 107.24 lakh tonnes of paddy has been purchased from Punjab till October-end ...
The state-run Chhattisgarh Marketing Federation (MarkFed) is the nodal agency for procurement. The volume of paddy has increased by over 12 per cent from last year's 9.79 million tonnes.
The deficient rain in the Northern plains, especially in the Gangetic region, is likely to increase food inflation in the near term as overall paddy production will be hit in these areas due to poor monsoon, according to a report. Major agricultural states, such as Bihar, Jharkhand and Uttar Pradesh, have had poor rains during the just concluded season, which may lead to an increase in the prices of rice due to lower paddy products in the near term. The share of these states in overall rice sowing in the Kharif season (as of September 23) has declined to 24.1 per cent from 26 per cent in the previous year, according to an assessment by India Ratings. This is despite the fact that the 2022 monsoon has been above normal but has not spread adequately across the regions. As of September 30, the rainfalls fared well at 92.5cm, which is 6 per cent above the long period average (LPA) of 86.86 cm. At the disaggregate level, while 12 states/Union territories had excess rainfall (deviation f
The Bhupesh Baghel government had announced in July procuring arhar, urad, and moong at MSPs. Farmers will get Rs 6,600 per quintal for moong and urad, and Rs 7,755 per quintal for arhar.
The government has again extended the last date for export of broken rice in transit by 15 days till October 15. It banned export of broken rice on September 8 but allowed shipments of certain consignments during September 9-15. On September 20, the date was extended till September 30. "Export of consignments of broken rice...as permissible under notification dated September 8 has beenextended till October 15, 2022," the Directorate General of Foreign Trade said in a notification.