Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
Paddy sowing saw a 2.1 per cent increase, reaching 41 million hectares compared to the five-year average
Though the state has surpassed the paddy sowing target, it is yet to achieve the overall kharif crop sowing target for the season even as the sowing has come to a halt
Normal area is the average area for the last five years
Kharif plantation till July 5 over 14% higher than area covered during the same period last year
Supplies by the central government agencies in the coming weeks are expected to fill the demand-availability gap
Concerns in Karnataka, Maharashtra due to prolonged break in showers
The last 10-years average during the same period was 63 per cent of FRL
Business Standard brings you the top headlines at this hour
Pulses, soybean, cotton still laggards; monsoon deficit in 40% of 717 districts
This gap may shrink as the monsoon gathers pace
Sowing of several major kharif crops, such as rice, arhar, soybean and cotton, continued to be below last year's level
Single superphosphate to be included in 'One Nation, One Fertiliser' scheme in the next few months
An estimated Rs 14,000 crore is expected to be injected into the rural economy of Uttar Pradesh through the procurement of paddy in the current 2022-23 kharif marketing season
This acreage was, however, 1.13 per cent more than the normal area in which paddy is planted
This will be the lowest output in two years, according to first estimate
The Centre has clamped export curbs on several paddy varieties as it feels that total production might drop by 10-12 million tonnes due to delayed sowing.
For all the kharif crops, the acreage, as on September 2, was around 106.92 mha - just 1.27% lower than last year
In the eastern states where monsoon is in deficit, work demand has also fallen barring Jharkhand, which has seen a 12.38% spike in households demanding work under MGNREGA in July
However, if monsoon progress in August and is geographically more even, Nomura believes Kharif sowing could still pick up going ahead, which in turn could keep food prices and inflation under check.
Uneven monsoon may have affected the sowing of Kharif crops in the country but it is too early to panic or worry about the production, food security and inflation, agriculture experts have said