The removal of minimum export price (MEP) on basmati rice ahead of the kharif crop will benefit both farmers and exporters, said industry participants. The removal of trade barrier will help Indian exporters regain competitiveness in the overseas markets.
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.
India has three cropping seasons -- Summer, Kharif, and Rabi. Crops sown during June-July and dependent on monsoon rains are harvested in October-November are Kharif.
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.
India's Kharif crop sowing is progressing steadily, with farmers planting crops across 1,087.33 lakh hectares so far, a 1.91 per cent increase, as against 1,066.89 lakh hectares from the same period last year.
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.
In a significant move to support farmers, Haryana Chief Minister, Nayab Singh Saini on Thursday said that the state government will provide a bonus of Rs 2000 per acre for Kharif and horticultural crops. This decision, made during a Cabinet meeting, underscored the government's commitment to
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.
Chauhan identified state government delays in releasing premium amounts as the primary cause of payment delays and urged prompt action. The central government will release its share immediately to prevent further delays, with payments being made directly to farmers' accounts from the Kharif