Rabi

Urban consumption to get a leg up from the festive season and improvement in consumer sentiments, finance ministry said in its September economic review

Govt plans to delink state and central premium contributions from crop insurance claims

The Pradhan Mantri Fasal Bima Yojana is set for an overhaul with the Centre asking the insurance companies to issue the policy to farmers regardless of the delay in contribution made by the states.

Weekly Numerics | Record rise in Indian students in the US, dip in wheat acreage, and cargo growth in ports

Indian students now contribute an estimated $7.14 billion to the US economy. Meanwhile, the total wheat production in India is expected to see a decline this fiscal year

MSP continues to be important for India’s food security

As wheat and rice are distributed to 81.35 crore people under the National Food Security Act 2013, the government needs to procure sufficient quantities of the two food grains. The decision to give a handsome increase in MSP of Rabi crops of 2023-24 should be seen in this light

Mansukh Mandaviya urges farmers to cut use of chemicals fertilisers by 20% in rabi season; warns against urea diversion

The central government is also planning to organise 'Kisan Samridhi Mahotsav' in mid-October to highlight initiatives taken in the last 9 years by the Modi government to boost farmers' income. 'Krishi Ratha Yatras' will also be organised.

Some damage to rabi crops due to unseasonal rains; yet to receive full report from states: Centre

Speaking to PTI, Minister of State for Agriculture Kailash Choudhary said the state governments are utilising the funds under the State Disaster Relief Fund (SDRF).

Higher rabi sowing may yield limited gains for agrochemical companies

Lower liquidation of inventories during kharif 2022 can limit sales upside during the winter crop season

Farm economy at risk from fertiliser shortage, cost pressures

DAP fertiliser availability fell short of the requirement in the first half of FY22. The supply shortfall could get worse

2020-21 rabi foodgrains output may surpass previous record: Agriculture Minister Narendra Singh Tomar

Narendra Singh Tomar said the country's agriculture sector performed well during 2020 as foodgrains production rose to a record in the kharif season with farmers working hard despite the COVID-19 pandemic and proving their relevance.

Rallis India reaffirms positive farm sentiment, but expectations are tempered

Rallis India, PI Industries and Dhanuka Agritech are all optimistic of growth picking up, going forward. Progress in the rabi crop season and good water availability are giving hope to the farm sector

Six states accounting for 32.7 percent of GVA poised for higher rural spend in FY21: Report

The ratings agency said that the contribution of agriculture to GVA growth ranged between 4.8 percent to 11.2 percent during FY13-FY20 and is expected to increase to only 14.4 percent in FY21 (FY20 8.6 percent), despite the COVID--19 induced contraction in the industrial and services sectors

PI Industries Q3FY19: Strong show; improved exports, backward integration to drive future

After strong results, the stock has seen a sharp uptick intraday, however, it is still 5 percent below its 52-week high, at a 2020e PE of 22x. With a strong order book line up, improved exports and backward integration we expect the current performance to sustain.

Commodities@Moneycontrol | Roundup of key happenings in the market

Here's a roundup of key updates in commodities market

Govt hikes MSP on rabi crops; FMCG, auto, fertiliser stocks in focus

The MSP hike might be marginally negative for Marico as significant increase MSP of safflower would result higher raw material cost, which will affect the margins in the near term

Wheat procurement crosses 30 MT so far

Normally, wheat marketing year runs from April to March. But the procurement this year was undertaken a fortnight early by the Food Corporation of India (FCI) as well as state agencies.

After Kharif, India set to reap record Rabi crops: NCAER

As per the NCAER's report on the short-term agricultural outlook for the 2017 Rabi season, Gross Value Added (GVA) in agriculture and allied sector registered a significant 3.3 per cent year-on-year growth in the second quarter of 2016-17 as compared to 1.8 per cent growth in the previous quarter.

Wheat sowing up 7%, pulse acreage grows 11% so far in Rabi

Sowing area under wheat has risen 7 percent to 313.14 lakh hectares while that of pulses is up 11 percent to 157.68 lakh hectares so far in the ongoing rabi (winter-sown) season on good monsoon and higher support price.

Rice sowing down by 15% in Andhra, jumps over 2-fold in T'gana

Total area sown under rice in Andhra Pradesh fell by 15 per cent to 3.20 lakh hectares so far in the ongoing 2016-17 rabi season, while the acreage in neighbouring Telangana saw an over two-fold jump.

50 days after note ban: What to expect from PM Modi's speech?

On the eve of New Year, all eyes in the country will be glued to Prime Minister Narendra Modi's televised address to the nation at 7.30 pm.

Farmers can insure rabi crops till January 10

The deadline to take insurance policy for both loanee and non-loanee farmers from banks for rabi crops under the Pradhan Mantri Fasal Bima Yojana (PMFBY) expires tomorrow.

Post cash ban, net indirect taxes increased: Jaitley

A large part of the benefits of this historical move are visible, said Finance Minister Arun Jaitley in press meet.

Wheat acreage up 7%, pulses area rises 10%

"As per preliminary reports received from the states, the total area sown under Rabi crops as on 23 rd December, 2016 stands at 554.91 lakh hectares as compared to 523.40 lakh hectare this time in 2015," an official statement said.

India's wheat output may be hit if temperature rises: ICAR

Wheat is a highly temperature-sensitive crop. Recently, the India Meteorological Department (IMD) has forecast warmer winter for this year.

Rabi sowing: Wheat, pulses acreage up despite notes ban

Cash crunch due to demonetisation of high value notes notwithstanding, sowing area under wheat has risen 14 per cent to 174 lakh hectares while that of pulses is up 13 per cent to 113 lakh hectares so far in the current Rabi (winter-sown) season, propped by good monsoon and higher support price.