Get the latest updates from Union Cabinet briefing: Increased MSP for Kharif crops to Rs 2 lakh crore and gave nod for a major port at Vadhavan, Maharashtra, which is set to become a top 10 global port. Details on these significant developments and their implications
Modi 3.0 has built its welfare commitments on the foundation of five years of free cereals. It makes the current-pattern of MSP sticky
Vaishnaw said that the Cabinet's decision regarding MSP for Kharif season crops will result in farmers receiving approximately Rs 2 lakh crore. This figure, he said, is an increase of Rs 35,000 crore compared to the previous season.
Any decision on rolling back the prohibition can only be considered after the sowing season for kharif crops ends, enabling the government to assess the yield for the current year, the official said.
The sown area for rice had remained low by 6.1 percent till July 17.
The fall in sown area has been attributed to the uneven rainfall distribution in the country, with several rice and pulse-producing states remaining rainfall deficient.
Several rice and pulse producing states remain rainfall deficient. Economists expect rainfall to cover the deficient areas as well in the coming weeks and increase the sowing acreage.
Approximately 227 lakh metric tons (LMT) of wheat and 205 LMT of rice are available as of October 1, which is well above buffer norms
Our specially curated package of the most interesting articles of the day will help you stay at the top of your game.
A quantity of 290.98 lakh tonnes of paddy has been procured in KMS 2021-22 till November 30. "Till now about 18.17 lakh farmers have been benefitted with MSP value of Rs 57,032.03 crore," the statement said.
In a positive sign for the farming community, June to September rainfall over the monsoon core zone, which includes the rainfed agriculture regions in the country, are most likely to get above the normal rate of rain at around 106 percent of Long-Period-Average
Since the Centre announced the lifting of the ban on December 28, prices have increased by Rs 600-750 a quintal in Maharashtra’s Nashik district, the hub of onion trade, for the new onions.
The Food Corporation of India and state agencies have purchased 375.72 lakh tonnes of paddy till December 13 as against 310.71 lakh tonnes in the year-ago period.
For the current year, the centre has fixed MSP of paddy (common grade) at Rs 1,868 per quintal, while that of A grade variety has been fixed at Rs 1,888 per quintal.
The output of nutri/coarse cereals is estimated to decline to 32.84 MT as against 33.69 MT in the previous year.
Sowing of kharif crops begins with the onset of southwest monsoon from June, while harvesting starts from October. Rice is the main kharif crop, besides bajra, arhar, urad, moong, groundnut and soyabean.
Does this mean the agriculture sector has escaped the impact of the COVID-19 outbreak so far? Monycontrol’s Sakshi Batra explains.
Authorities are worried that millions of locusts may enter India along with monsoon winds from the Arabian Sea to destroy kharif crops.
Locusts belong to the family of grasshoppers and are usually harmless but certain environmental conditions like monsoon and heavy cyclones make them reproduce faster. The swarm is highly mobile and covers 50 to more than 100 km in a day.
As per the latest data by the ministry, farmers have sown paddy in 32.58 lakh hectare as on Friday, up 27 percent, from 23.81 lakh hectare in the corresponding period of last year.
Widespread floods were seen in 13 states between late July and early August 2019, due to incessant rains which caused significant dent on the acreage and production of several kharif crops, Sinha said.
In this video, CNBC TV18 Commodities Editor Manish Gupta gives us a better picture about the production targets.
Here's a roundup of the key happenings in the commodities market, with a deep dive into some of the most active counters
Watch the video for a roundup of key happenings in the commodities market with a deep dive into some of the most active counters.
FRP and MSP: Are the two rates contradictory or do they supplement each other in guaranteeing a fair price for farmers?