Don’t miss the latest developments in business and finance.

Crop Loss

The Centre on Monday said about 8-10 per cent of the wheat crop is estimated to have been damaged due to recent untimely rains and hailstorms in key producing states, but better yield prospects in late-sown areas are expected to make up for the production loss. Despite the recent inclement weather, Agriculture Commissioner P K Singh asserted that the country's total wheat production will touch a record 112.2 million tonnes this year as per the second estimate of the agriculture ministry. India is one of the major producers of wheat, a key staple for a significant population, and the crop damage scenario also comes against the backdrop of persisting high inflation and food security woes globally amid geopolitical uncertainties. Since the last few weeks, major wheat-growing states of Punjab, Haryana, Uttar Pradesh and Madhya Pradesh have received unseasonal rains accompanied by thunderstorms, hailstorms and gusty winds due to the Western disturbances at a time when the crop was almost

Updated On: 03 Apr 2023 | 11:10 PM IST

Punjab Chief Minister Bhagwant Mann on Sunday asked officials to expedite the process of special 'girdawari' (revenue survey) to assess crop damage due to inclement weather and ensure that farmers receive compensation before Baisakhi. Baisakhi will be celebrated on April 14. Untimely rains, hailstorm and high-velocity winds have damaged wheat and other crops in many areas of Punjab. The state government has announced a 25 per cent hike in compensation for crop loss due to the vagaries of weather. In a statement issued here, Mann asked all the MLAs to meet the affected farmers. "The MLAs should meet the farmers and listen to their grievances. Likewise, the officers should make sure that the special 'girdawari' is completed soon so that we can disburse compensation before Baisakhi," Mann said in a statement here. Expressing solidarity with the farmers who lost their crops due to rain and hailstorm, Mann said his government is with the food growers in this hour of crisis. He said th

Updated On: 02 Apr 2023 | 5:18 PM IST

The Punjab Cabinet on Friday gave nod to 25 per cent hike in compensation for crop loss because of vagaries of weather. A decision to this effect was taken by the council of ministers in the Cabinet meeting chaired by chief minister Bhagwant Mann, said an official statement. Keeping in view the loss incurred by the farmers recently due to heavy rains, hailstorms and strong winds, the Cabinet has decided to enhance the relief amount from Rs 12,000 per acre to Rs 15,000 per acre for 76 to 100 per cent for loss of crops. This measure will give a healing touch to the affected farmers who will be able to get a reasonable financial relief from the government. The relief rate will be applicable from March 1, it said. Untimely rain accompanied by hail and high-velocity winds in the recent past have caused damage to wheat in several parts of the state. The Cabinet in another decision gave its consent to extend the exemption of 2.25 per cent stamp duty and fees on registration of propertie

Updated On: 31 Mar 2023 | 8:56 PM IST

Two-time Chief Minister Hooda said over one lakh farmers in 5,000 villages have complained of crop loss in more than 6 lakh acres

Updated On: 31 Mar 2023 | 7:54 PM IST

With the harvesting of wheat about to start, standing wheat crop was damaged after unseasonal rains accompanying strong winds lashed Punjab and Haryana last week

Updated On: 27 Mar 2023 | 2:28 PM IST

"Farmers don't have to feel bad about it as the government is with you", he said assuring support to the farmers

Updated On: 24 Mar 2023 | 8:25 AM IST

He made it clear that the state will not send any report on crop loss to the Centre as the Modi government had provided no help to the state in similar situations earlier

Updated On: 23 Mar 2023 | 4:45 PM IST

Rajasthan disaster management and relief minister Govind Ram Meghwal on Monday informed the Assembly that assessment is being conducted to evaluate the damage to the crops due to the recent rainfalls in the state. He said that the issue will be taken up with Chief Minister Ashok Gehlot for a special relief package for the farmers. The minister said due to untimely rains and hailstorms recently, the farmers have suffered crop loss and district collectors have been directed to conduct an assessment to evaluate the damage. Meghwal informed the house during the zero hour that directions have been issued for the payment of agricultural input subsidies to eligible farmers affected by damage due to frost, cold waves and hailstorms in December and January. He said that assistance will be provided to the farmers affected by crop failure from January to March in accordance with the State Disaster Response Fund (SDRF) norms. Meghwal said the state government intends to give a special package

Updated On: 20 Mar 2023 | 6:53 PM IST

He also directed the concerned District Collectors to conduct a preliminary survey of agricultural losses in their districts

Updated On: 19 Mar 2023 | 7:30 PM IST

Geeta Bhukkal has also expressed anger over the delay in starting the procurement of mustard crops in the grain markets

Updated On: 19 Mar 2023 | 7:30 PM IST

Maharashtra CM Eknath Shinde described farmers as "anna data" and said cultivators who have suffered crop losses due to excessive and unseasonal rains will be adequately compensated

Updated On: 26 Oct 2022 | 6:57 AM IST

Economists say annual headline inflation will likely start easing from September's 7.41% peak but price pressures on grains, vegetable, and milk will persist

Updated On: 20 Oct 2022 | 10:44 AM IST

Despite the price hikes, margins continued to be under pressure in the quarter

Updated On: 22 Sep 2022 | 11:58 PM IST

Karnataka Chief Minister Basavaraj Bommai instructed deputy commissioners of districts to distribute compensation for crop loss and house damage immediately to those affected by rains

Updated On: 29 Aug 2022 | 8:24 AM IST

Firm attributes better profit show to good monsoon and soil moisture, and govt's proactive steps in farm space

Updated On: 02 Nov 2020 | 9:24 PM IST

Most companies returned to profits in the June quarter, and indications are that the current quarter, which is typically a good time for tea industry, will be even better

Updated On: 24 Sep 2020 | 11:50 PM IST

The control operations have also been done in 1,32,660 hectares area in Rajasthan, Madhya Pradesh, Punjab, Gujarat, Uttar Pradesh, Maharashtra, Chhattisgarh, Haryana and Bihar by state governments

Updated On: 11 Jul 2020 | 4:55 PM IST

State govt is currently assessing losses, will announce package after a few days

Updated On: 06 Jun 2020 | 6:18 AM IST

Around 33 teams in Banaskantha, 15 in Patan and 10 in Mehsana districts have been formed to oversee the locust situation, apart from ensuring supply of pesticides

Updated On: 23 May 2020 | 9:38 AM IST

Shah has conveyed this to Maharashtra Governor Bhagat Singh Koshyari

Updated On: 31 Oct 2019 | 11:58 PM IST