Chhattisgarh gets approval for procurement of pulses at MSPs

The Centre has given its nod to the Chhattisgarh government’s plan of procuring arhar (pigeon pea), moong (green gram), and urad (black gram) at minimum support prices (MSPs) in the kharif marketing season 2022-23, Business Standard reports. The Bhupesh Baghel government had announced in July procuring arhar, urad, and moong at MSPs. Farmers will get Rs 6,600 per quintal for moong and urad, […]

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Rice output this kharif season to be lowest in 2 years; to drop by 6% to 6.7 million tonnes  

Production of rice in the ongoing kharif season is expected to be 6.7 million tonnes  less than last year, according to the first advance estimate of agriculture production for the 2022-23 crop year (July-June). This is almost 6.05 per cent less than the same period last year at 104.99 million tonnes.   Rice production in the 2021-22 kharif season was a record […]

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India projects record foodgrain production, lower wheat output in 2021-22 crop year

Releasing the fourth advance estimate for the 2021-22 crop year, the Union agriculture ministry has announced a record output is also estimated for rice, maize, gram, pulses, rapeseed and mustard, oilseeds and sugarcane. The crop year 2021-22 was from July 2021 to June 2022. The country’s overall foodgrain production is estimated to be record 315.72 […]

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India to import pulses from Myanmar, Mozambique and Malawi

To meet domestic shortfall, the Indian government has allowed imports of 0.6 million tonnes (MT) of tur and urad annually under bilateral agreements with Myanmar, Mozambique and Malawi, through five ports. According to a notification issued by the Directorate General Foreign Trade, import of pulses will be allowed through five ports – Mumbai, Tuticorin, Chennai, […]

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Falling prices of agricultural commodities on new arrivals likely to cool food inflation in coming months

Retail prices of tomato, which rose to Rs 100/kg six weeks ago as heat waves adversely impacted output, has since moderated thanks to robust arrivals and prospects of good crop in Maharashtra, Karnataka, Andhra Pradesh and Telangana. According to data by the department of consumer affairs, although average retail prices of tomato are still higher […]

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Except for pulses, mandi prices of most agri food items above new minimum support prices

Mandi prices of several agricultural commodities for which the government has just announced a 5-9% increase in minimum support prices (MSPs) for the 2022-23 season are currently ruling above the MSP. Only the prices of pulses have been subdued, ruling below the benchmark price. Mandi prices of oilseeds, especially soyabean, whose MSP was hiked 9% […]

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Minimum Support Price for paddy hiked by Rs 100 to Rs 2,040 per quintal for 2022-23; other kharif crops MSP also hiked

India hiked the minimum support price for kharif crops by 4-9 per cent for the 2022-23 crop year, with paddy MSP being raised by Rs 100 to Rs 2,040 per quintal. The Cabinet Committee on Economic Affairs (CCEA) approved the increase in MSPs for all 14 kharif (summer) crops for 2022-23 crop year. “The MSP […]

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India’s food grain output estimated at record 314 million tonnes for 2021-22 crop year (July-June)

India’s foodgrain production will rise 1.2% on year to a new record of 314.51 million tonnes (MT) for the 2021-22 crop year (July-June), according to the third advance estimate released by the agriculture ministry. In the second advance estimate released in February, the production was seen at 316.06 MT. Wheat production estimate for the current […]

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