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.
Arrivals have just begun, but data on initial weeks shows that prices have dropped after higher arrivals within no time. Now, the threat of heavy rainfall-led crop damage lingers
Tractor sales also increased with largest tractor seller Mahindra & Mahindra selling 18 per cent more farm equipment indicating that a good monsoon was driving the rural economy
Kharif crops account for nearly 9 per cent of the total gross value added and contribute nearly 60 per cent of value addition of the agriculture and allied activities sector
In the first 19 days of the four-month monsoon season that started in June, out of 683 districts in the country, rainfall has been normal in almost 74% of them