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Rice coverage has reached 90.5 percent, compared with 80.7 percent last year
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Healthy reservoir levels support kharif planting; rainfall deficit persists in eastern and northeastern India
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Union Cabinet has approved the proposal of the Department of Fertilisers for fixing the Nutrient-Based Subsidy (NBS) rates for the Kharif season 2024-25 (April 1 to September 30) on P&K fertilisers
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"Government has launched pilot on Digital Crop Survey (DCS) in the 12 states from Kharif -2023," agriculture minister Narendra Singh Tomar said in a written reply to Lok Sabha.
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The rice acreage stood at 16.46 lakh hectares in the corresponding period of last year, according to agriculture ministry data.
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India's total rice production during 2021-22 crop year (July-June) is estimated at a record 130.29 million tonnes (111.76 million tonnes in kharif and 18.53 million tonnes in rabi season) as against 124.37 million tonnes in the previous year.
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However, Food Secretary Sudhanshu Pandey asserted that the country will have surplus production in rice.
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The estimates were finalised after discussion with state food secretaries and Food Corporation of India (FCI) officials in a meeting chaired by Union Food Secretary Sudhanshu Pandey here.
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Paddy was sown in 390.99 lakh hectare in the year-ago period, the data showed.
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Paddy is the main kharif crop, sowing of which begins with the onset of southwest monsoon from June. About 80 per cent of the country's total production comes from this season.
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The area covered under paddy stood at 274.30 lakh hectare (LH) as on August 5, as against 314.14 LH in the year-ago period.
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The issue of 5G spectrum pricing was not taken up in the cabinet meeting today, Union Minister Anurag Singh Thakur said.
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Briefing media about the Cabinet decision, Information and Broadcasting Minister Anurag Thakur said the Cabinet has approved a subsidy of Rs 60,939 crore on P&K fertilisers for the Kharif season against the subsidy of around Rs 57,150 crore on these nutrients for the entire last fiscal.
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PMFBY (Pradhan Mantri Fasal Bima Yojana), launched in February 2016, aims at providing financial support to farmers facing crop loss/damage due to natural calamities. The scheme was revamped with effect from kharif season (June-October) of 2020.
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Uneven rains during kharif 2021 season adversely impacted herbicide sales and input cost pressures are crimping profit margins for Rallis
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Keeping in view the coming Kharif season, the Chief Minister had detailed deliberations which lasted for one-and-a-half hours with the Union Secretary, Food and Public Distribution, Sudhanshu Pandey, who called on the former at his office.
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Onions prices are likely to remain at a higher trajectory during October-November following delay in crop arrivals due to rainfall deficit as August, the key month for transplantation, did not see any recovery in monsoon.
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If the monsoon gets extended, it can impact the kharif crop, thereby potentially putting pressure on food inflation
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The factors that determine farm investments are still flashing green. Agriculture produce prices are firm and the government has sharply raised subsidy for fertilisers
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The report said the credit profile of the fertiliser sector is expected to witness a significant improvement in this new fiscal year, driven by the removal of the subsidy backlog following the pay-out of additional subsidy of Rs 62,602 crore by the government under the Aatmanirbhar 3.0 package.
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With incidents of hoarding and frauds, the FCI is mulling to introduce gadgets at its procurement centres that will show the 'age of rice'. The new practice will prevent middlemen and traders to recirculate and resell old rice to FCI.
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The season is set to close with a healthy growth over the average. While sowing is also estimated to be higher over a year ago, the initial high growth estimates have been pared
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The rains are digging in their heels for now, posing a risk for agricultural output
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The country had produced a record 138.52 MT in the kharif season of 2016-17 crop year (July-June) on good monsoon rains.
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Against the backdrop of strident protests by cultivators in various parts of the state, the Devendra Fadnavis government decided in principle to waive farmers' loans with certain stipulations.
