India’s agriculture ministry pegs Kharif foodgrain production at a record 144.52 million tonnes in 2020-21

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Foodgrain production is pegged at record 144.52 million tonnes in the 2020-21 kharif season notwithstanding COVID-19 crisis, Agriculture Minister Narendra Singh Tomar said. Foodgrain production stood at 143.38 million tonnes during the 2019-20 kharif season, as per official data. Currently, harvesting of kharif crops is underway. Rice is the main kharif crop. “Foodgrain production will […]

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India announces new support prices for winter crops amid controversy over new farm laws

India’s cabinet announced an increase in the minimum support prices (MSP) of all winter season crops, soon after approving key farm laws that stirred conjecture whether support prices will be discontinued. The highest increase in MSP is for lentils (Rs 300/100 kg), followed by gram, rapeseed and mustard (Rs 225/100 kg) and safflower Rs 112/kgPrices […]

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Global alert for La Nina; high chances of increased rainfall

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Global weather forecasters have issued a La Nina alert, indicating high chances of rainfall in India. This will further increase monsoon rainfall and boost India’s rural economy with a record harvest. The Australian Bureau of Meteorology (BOM) raised its El Niño-Southern Oscillation Outlook to La Niña ALERT status, meaning the chance of a La Niña occurring this […]

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Farmers in India find rabi sales profitable, despite early market lockdown disruptions

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Wheat prices have increased about 3 per cent to nearly Rs 1,900 per quintal during April-June quarter from the year-ago period. Similarly, there has been 25 per cent and 15 per cent increase in prices of masur and mustard respectively during the period, while their corresponding arrivals dropped by 3 per cent and 37 per […]

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Tractors, two-wheelers sales in rural India up; rabi crops boost farm income, but India still has reasons to worry

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At a time when the country is in the throes of a prolonged Covid-19 crisis, rural India seems averting another distress period. Mandi prices of key rabi crops are not only above the respective MSPs, but are significantly higher than the year-ago level. Higher market prices, coupled with robust production, are boosting farmer’s income and […]

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