Global food price index dips for the fifth consecutive month in October

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International food commodity prices dipped in October, as falling dairy, meat and vegetable oils prices more than offset a surge in sugar prices, the United Nations said today. The FAO Food Price Index, a measure of the monthly change in international prices of a basket of food commodities, averaged 163.5 points in October, down 0.9 percent […]

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Horticulture production in India up by 2% in 2017-18

Horticulture production in the year ended June is pegged at 306.82 million tonnes, up 2.05 per cent from the previous year’s 300.64 million tonnes, according to the third advance estimates of horticultural production released by the Agriculture Ministry. The latest projections, however, are slightly lower than the 307.2 million tonnes estimated in the second advance […]

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India’s Wholesale Price Index rises to 4-month high at 3.18 per cent in April, 2018

India’s wholesale price inflation (WPI) rose to a four-month high of 3.18 per cent in April on increasing prices of petrol and diesel as well as fruits and vegetables. Wholesale Price Index (WPI)-based inflation stood at 2.47 per cent in March and 3.85 per cent in April last year. WPI inflation, which was on a […]

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Indian government goes big on agriculture in its budget to address rural distress ahead of key elections

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India’s ruling Bharatiya Janata Party (BJP) rolled out major sops for the agriculture sector in its attempt to arrest rural distress and help farmers earn more ahead of key state elections this year and national polls in 2019. Finance Minister Arun Jaitely announced a slew of new schemes and measures in his annual budget proposals […]

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India clocks record horticulture production of 300.6 million tonnes in 2016/17; output seen rising by 5 percent this fiscal

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India’s horticulture production hit a record 300.6 million tonnes in 2016/17 and are seen rising by 5 percent in the current 2017/18 fiscal, according to the first advance estimated released by the agriculture ministry. The following table summarises the All-India Final Estimates: 2016-17 and 2017-18 (1st Advance Estimates): Total Horticulture 2015-16 2016-17 (Final) 2017-18 (First Adv. […]

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