New Delhi: India has exported more than 45,000 tonnes of onion since the ban on outbound shipments was lifted early this month, a top government official said on Wednesday. These exports provided relief to farmers after curbs were imposed to keep domestic supplies steady ahead of general elections. The world’s biggest vegetable exporter banned exports … Read more
The government has projected wheat production at a record 112.01 million tonnes for the 2023-24 crop year (July-June) in its second advance estimate, sources said on Thursday. The wheat output is estimated to be 1.46 million tonnes higher than the previous record high of 110.55 million tonnes achieved in the 2022-23 crop year. In its … Read more
Farmers in India have sown kharif crops across 979.88 lakh hectares so far this year, as against 972.58 lakh hectares in the same period of last year, according to the latest data from the Agriculture Ministry. On a yearly basis, the sowing is around 1 per cent higher. Commodity-wise, paddy sowing is at 328.22 lakh … Read more
Lower rice sowing due to deficient rains, coupled with increasing global prices, may end up pushing up inflation, economists said. Rice accounts for 4.4% of the Consumer Price Index basket, whereas the main staple, arhar or tur, which has also witnessed a reduction in acreage, has a 0.8% weight in retail inflation. Their combined share … Read more
India is in advanced talks with Brazil for the import of urad to boost the domestic supply and keep prices under control, Consumer Affairs Secretary Rohit Kumar Singh said on Tuesday. The country imports 7-7.5 lakh tonne of urad annually depending on the demand-supply gap, out of which 74 per cent is imported from Myanmar, … Read more
The sowing of summer crops is marginally down at 69.20 lakh hectares this year against 70.30 lakh hectares a year ago, according to the latest data released by the agriculture ministry. The sowing area under pulses and coarse cereals is higher year-on-year, while the acreage of rice and oilseeds is lower. About 19.61 lakh ha … Read more
New Delhi: Amid the fall in onion prices, the government on Tuesday said it has directed cooperatives Nafed and NCCF to intervene in the market and immediately start procurement of red onion directly from farmers. National Agricultural Cooperative Marketing Federation of India Limited (Nafed) and National Consumers Cooperative Federation of India Limited (NCCF) have also … Read more
Wheat crop is in good condition and the government’s procurement would be normal at 300-400 lakh tonne in the 2023-24 marketing year starting March, FCI Chairman and Managing Director Ashok K Meena said on Thursday. “Area sown to wheat is higher than last year. The current condition of wheat crop is very good. Our procurement … Read more
Farmers have been paid claims worth Rs 1,25,662 crore under the Pradhan Mantri Fasal Bima Yojana since its inception in 2016, the government said on Thursday. Crop insurance premium totalling Rs 25,186 crore have been paid by the farmers under the scheme till October 31, 2022. Under the Pradhan Mantri Fasal Bima Yojana (PMFBY), the … Read more
New Delhi: Area under coverage for wheat jumped over five-fold to 7.56 lakh hectares in the ongoing winter sowing season ‘rabi’, according to agriculture ministry data. Wheat acreage stood at 1.47 lakh hectares in the year-ago period. In case of oilseeds, about 47.10 lakh hectares coverage has been reported as on November 4 of this … Read more