Sustained tractor demand, market share recovery and pick up in exports key tailwinds
Phase-1 completed on time; phase-II had to be halted for nearly two months, and the pace of work remained sub-optimal during subsequent lockdown periods as well
The government has procured 46.28 mn tonnes of paddy worth Rs 87,392 crore at minimum support price (MSP) so far this kharif marketing season.
Paddy procurement has increased by 25 per cent in this kharif marketing season so far to 449.83 lakh tonnes at the minimum support price (MSP), valued at Rs 84,928.10 crore. "In the ongoing Kharif Marketing Season (KMS) 2020-21, Government continues to procure Kharif 2020-21 crops at its MSP from farmers as per its existing MSP Schemes," an official statement said. Food Corporation of India (FCI) and other state agencies have procured 449.83 lakh tonnes of paddy till December 25 as against 360.09 lakh tonnes in the corresponding period of the previous year. "About 55.49 lakh farmers have already been benefited from the ongoing KMS procurement Operations with MSP value of Rs 84,928.10 crore," the statement said. Of the total purchase of 449.83 lakh tonnes, Punjab has contributed 202.77 lakh tonnes. Paddy procurement for Kharif 2020-21 is continuing smoothly in Punjab, Haryana, Uttar Pradesh, Telangana, Uttarakhand, Tamil Nadu, Chandigarh, Jammu & Kashmir, Kerala, Gujarat, Andhra ..
The state had seen 29,156 and 24,428 incidents of paddy residue in 2017 and 2018 respectively
About 62.42 lakh tonne of kharif paddy worth Rs 11,785 crore was purchased at the minimum support price (MSP) from 5.33 lakh farmers in the last 19 days, the food ministry said on Thursday. Paddy procurement commenced in Punjab and Haryana from September 26 due to early arrival of the crop, while in other states it began from October 1. More than 80 per cent of the country's paddy crop is grown in the kharif season. The government through the Food Corporation of India (FCI) and state agencies undertakes procurement of paddy at MSP. "Paddy procurement in the 2020-21 kharif marketing season is going on smoothly in the procuring states of Punjab, Haryana, Uttar Pradesh, Tamil Nadu, Kerala, and Chandigarh and J&K," the food ministry said in a statement. Till October 14, about 62.42 lakh tonne of paddy was procured at MSP value of Rs 11,785 crore, it said. For the current year, the Centre has fixed the MSP of paddy (common grade) at Rs 1,868 per quintal, while that of A grade variety .
Paddy procurement commenced in Punjab and Haryana from September 26 due to early arrival of the crop, while in other states from October 1
State seeks funds for minimum support price it will pay to farmers, guarantees interest on loan.
Rains do swivel between normal, deficient and excess across years, but good rains in times of severe contraction in the economy are a big relief
A good kharif sowing season coupled with adequate monsoon rains has raised hopes that the rural economy would prop up consumer spending and incomes
The agrochemicals segment, however, should be able to offset some of the growth challenges
Among cash crops, cotton planting has risen by 11.29 per cent to 121.25 lakh hectares so far in the current kharif season
What has helped the performance in the quarter, especially in the domestic business, is the early kharif season which resulted in stocking up of products in the June quarter
Oilseeds like groundnut and soyabean and other crops led by cotton are largely sown in Kutch and Saurashtra regions of Gujarat
The monsoon rainfall recorded a timely onset and rains covered the entire country well ahead of the normal date
"About 6.42 million hectares area coverage under pulses as compared to 2.44 million hectares during the corresponding period of last year," the statement said
Area under oilseeds increased 525% over last year and the sowing of pulses rose by about 222%. The planting and sowing of paddy, the main crop of the kharif season, has been 35% higher than last year
The final of a two-part series looks at how farmers are hoping a good monsoon will help make up for lockdown disruptions and losses
The first of a two-part series looks at the problems cultivators are facing during the pandemic
In the first 19 days of the four-month monsoon season that started in June, out of 683 districts in the country, rainfall has been normal in almost 74% of them