KOLKATA: Non-basmati rice exports from India increased 68% year-on-year in the April-July period, helped by a drop in rice production in Thailand. India exported 2.99 million tonnes of non-basmati rice in the first four months of this financial year, up from 1.78 million tonnes a year ago, earning foreign exchange equivalent to Rs 8,903 crore … Read more
Financial services company Nomura on Wednesday said that lower minimum support price (MSP) increase reflects lower input costs of production this year (fertilisers, diesel), higher buffer stocks (rice and wheat) and also the government’s aim to balance the interests of farmers and consumers. In a report, it also said that MSPs are an important driver … Read more
NEW DELHI: Crop planting has expanded to 80% of the 100 million hectares that is usually cultivated in India in the current season as good rainfall has helped farmers prepare their fields faster than they did last year. So far, planting is 18.5% more than that a year ago.“Due to good rains, farmers have been … Read more