The paddy procurement is in full swing in the Punjab and Haryana which are known as the Food Bowl of India. According to the official estimate, like every year 185 LMT and 60 LMT of paddy are estimated to be procured from these two states respectively during Kharif Marketing Season (KMS)
India has three cropping seasons: Summer, Kharif, and Rabi. Kharif crops, sown during June-July and dependent on monsoon rains, are harvested in October-November. Rabi crops, sown in October-November, are harvested from January, depending on their maturity. Summer crops are produced between
Southwest monsoon rains in India hit four years high this season, experiencing about 108 per cent of the long period average at 934.8 mm, data made available by state-run weather bureau India Meteorological Department showed. A rainfall of 868.6 mm is the long period average in India.
India's kharif crop sowing is progressing steadily, with farmers planting crops across 1,096.65 lakh hectares so far, as against 1,072.94 lakh hectares from last year
Union Home Minister Amit Shah emphasised the central government's decision to remove the minimum export price on onion and said that the government boosting exports to ensure farmers receive a fair price for their crops.
A rise in reservoir levels, coupled with improved sowing of kharif crops are expected to keep the supply-side concerns at bay for some time, the report prepared by the lender's research team said on Friday.
Farmers in India have sown Kharif crops across 979.89 lakh hectares so far this year, as against 966.40 lakh hectares in the same period of last year, according to the latest data from the Agriculture Ministry.
The Haryana Cabinet which met under the Chairmanship of Chief Minister Nayab Singh Saini in Chandigarh on Thursday approved to give a bonus on Kharif crops in Haryana. With this decision, farmers will receive Rs 2000 per acre one-time bonus for all Kharif and Horticulture crops.
With La Nina getting precedence going ahead, excess rainfalls could result in crop loss and thus a negative impact on food prices, SBI Research report, authored by Soumya Kanti Ghosh, Group Chief Economic Advisor, said.
Despite rainfall remaining 2 per cent below the LPA, as of July 15, the overall sown area of Kharif crops has improved by 10.3 per cent as compared to last year. A report by Bank of Baroda research says the overall cumulative rainfall this year remains marginally on the lower side so far at
Farmers in India have sown Kharif crops across 575.13 lakh hectares so far this year, as against 521.25 lakh hectares in the same period of last year, according to the latest data from the Agriculture Ministry.