The meteorological department expects the total rainfall in the current season to be more than its forecast of 102 per cent of the long-period average. This has not only set the stage for a bumper harvest in the current kharif season but will also help the farm sector in the rabi season. Business Standard opinion pieces for the day, among other things, talk about the prospects in the agriculture sector.
If the surplus output is not effectively managed, crop prices might collapse, especially during the post-harvest peak marketing season. That would spell doom for farmers and the rural economy, argues