Prices of agricultural commodities have risen 23 per cent so far this month.
A five-seven per cent agriculture growth in 2013-14 would mean farming might exceed the 12th Five-Year Plan annual growth target of four per cent, if the trend continues.
According to state government sources in Gujarat, cotton sowing was only 9,339 hectares or 0.37% of the normal three-year average sowing in the first week of this month
The monsoon situation and its consequences for different sectors of economy was reviewed in a high-level meeting chaired by Prime Minister Manmohan Singh on July 12.
Though three crops of onions are raised in a year - early kharif, late kharif and rabi - their harvests are not evenly spread out.
They are worried that the Kharif crop may not be sown at the usual time in June, which accounts for 163 mm of 890 mm for the entire monsoon season. They\nfear that they may be forced to sell their land in order to repay their debts and\nmove to cities like Mumbai or Delhi in search of work as labourers.
The prolonged break in the rainy season that has caused widespread concern over the delay in kharif sowing is finally ending with the monsoon likely to advance into Mumbai and adjoining parts of Maharashtra in two or three days.
The alleged 'water blockade' by India could adversely affect kharif crops, particularly cotton and sugarcane that are in maturity stage and require final watering, and the sowing of rabi crops early next month, sources told the Dawn newspaper.
The Consumer Price Index hit the lowest in six months in March at 4.83 per cent.
The Budget allocation for Ministry of Agriculture and allied activities has grown by 114% since 2010-11
The services sector, which plays the biggest role in shaping the economy, is facing loads of issues currently. The largest segments, financial and real estate, are struggling to cope with bad debts and low demand for houses.
Procurement by the end of this season is likely to touch a new record of 29-30 million tonnes, surpassing the earlier high of 28.4 million tonnes. The country's rice output in 2008-09 is also estimated at an all-time record of 98.89 million tonnes. Punjab has been the largest contributor to the rice stock at 8.38 million tonnes, followed by Andhra Pradesh, Uttar Pradesh and Chattisgarh. Procurement is up in all top-producing states except in Haryana and Chattisgarh.
Cabinet sub-committee to meet to review the situation and take necessary steps. Sanjay Jog reports
At a press conference after a meeting of the party's senior leaders, K C Venugopal said the Congress will also launch a massive signature campaign in which it aims to collect two crore signatures from farmers and the poor people against farm bills.
That day is not very far when farmers will get double their present income, says PM.
As of the week ended July 2017, the unemployment rate was 3.1 per cent. This is the lowest unemployment rate recorded. Rural unemployment was also very low at 2.8 per cent.
According to agriculture department officials, the state is heading for a bumper paddy harvest despite a slight reduction in acreage compared with the previous year.
The employment that is returning is mostly essential services required by Indian households. Most urban Indian households cannot function without a retinue of maids, cooks, drivers, cleaners, notes Mahesh Vyas.
Successful boro cropping with record high yields has brought a degree of fame to Rajib
'It is a shame for a woman to defecate in the open.'
The irony of this scheme to benefit farmers is that it could add to the problems for the government because the mechanism to procure and store crops like pulses, coarse cereals and oilseeds barely exists.
After a delayed start, the monsoon is advancing steadily.
The core stir issues of remunerative prices and a basic income for farmers has taken a political turn with three major agrarian states of Madhya Pradesh, Rajasthan and Chhattisgarh going to the polls in the next few months
Rajan also said the outlook for agriculture is subdued, in view of both rabi and kharif prospects being hit by monsoon vagaries.
'When I met the prime minister on November 15 there was no RBI report with the prime minister as to why this was done.' 'When I asked the PMO officer about this, he said the RBI did not bring this to the PM and did it independently.' 'When I asked how could the RBI ban DCCBs from accepting deposits from farmers in old notes when the government gazette released on November 9 allowed them to do so, this officer told me that not even senior PMO officials had any idea about this RBI ban.'
Under the Bhavantar Bhugtan Yojana, the state pays a portion of the loss incurred by farmers for selling below the MSP, capped up to a limit.
The finance ministry on Tuesday cited "green shoots" of recovery in agriculture, manufacturing and services sectors, and said the prompt policy measures taken by the government and RBI have helped reinvigorate the economy with minimal damage. Stating that the agricultural sector remains the foundation of the Indian economy, the ministry said that a normal monsoon, as has been forecast, should support the rebooting of economy.
Following a huge fall in chana production this year, the Centre is set to import more pulses.
'I am sceptical of the Indian economy returning to a sustained high-growth trajectory any time soon'
Suicides, drought, natural calamities, slump in market...Nothing can deter the determination of farmers in Guntur district of Andhra Pradesh.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
Following good rains and high global edible oil prices, soybean acreage is likely to touch a record 84 lakh hectares in the current kharif season.
Predicting a 2.3 per cent farm sector growth for 2005-06, the Economic Survey on Monday advocated development of alternative markets by shifting from the expensive public procurement and distribution system for better returns to farmers.
Onion has become costlier by over 33 per cent in the last one week and over 70 per cent in September so far, reports Dilip Kumar Jha.
Skymet said September would be much better and it expects it to end at 111 per cent of the LPA
The southwest monsoon which reached the country on May 30 well within its normal onset date
The government will take special efforts to ensure adequate credit flow to underserved areas -- the eastern states and Jammu-Kashmir, he added.
The hardening of the Wholesale Price Index follows an uptick in retail inflation.
Kharif sowing till June 20 almost 18 per cent less than last year; 328 districts under watch, based on rains in the first 15 days
