The Indian government could consider reducing taxes on some items such as maize and fuel in response to the central bank's recommendations to help rein in climbing retail inflation
Climate change is predicted to reduce maize and cotton yield in Punjab by 13 per cent and 11 per cent by 2050, according to a new study conducted by agriculture economists and scientists at Punjab Agricultural University (PAU). Punjab accounts for around 12 per cent of the total cereals produced in the country. The study published in the Mausam journal of the India Meteorological Department earlier this month used rainfall and temperature data collected between 1986 and 2020 to project the impact of climate change on five major crops -- rice, maize, cotton, wheat, and potato -- in the agrarian state. The researchers collected climate data from five weather observatories of Punjab Agricultural University, ie Ludhiana, Patiala, Faridkot, Bathinda, and SBS Nagar. The researchers -- agricultural economist Sunny Kumar, scientist Baljinder Kaur Sidana and PhD scholar Smily Thakur -- said that long-term changes in climatic variables show that the rise in temperature is driving most of the
CPI-inflation for the month of September surged to a five-month high of 7.4 per cent largely due to a spike in food inflation which jumped to a 22-month high of 8.6 per cent for the same period
Paddy, maize, sugarcane, potato crop impacted; showers to recede now
In Permbalur district, a stream breach has led to destruction of more than 100 acres of cotton and maize cultivation
He said instead of focusing on wheat and rice, cultivation of 3Ms maize, moong and mustard should be promoted as it can help the country attaining self-sufficiency and enhancing income of farmers
The target is 3.8% higher compared to previous year's output
The export of maize has touched USD 816.31 million in first ten months of the current fiscal 2021-22 (April-January), already exceeding the USD 634.85 million achieved during the last financial year
The price is expected to trade lower at Rs 1,400 a quintal following ample wheat supplies
Maize prices are expected to trade lower towards Rs 1,150 - Rs 1,100 per quintal in a couple of weeks
The NACOF would be procuring maize from the farmers through the state-controlled Krishi Upaz Mandi for Rs 1760 a quintal
The tender closes on Dec. 3 with offers having to remain valid up to Dec. 24.
According to latest data from the department of agriculture, till July 25, maize has been sown in around 6.38 million hectares, which is around 136,000 hectares more than the same period last year
Soybean at the benchmark Indore markets are trading at Rs 3,671 per quintal
Maize prices in Gulabbagh are trading at Rs 2,085 per quintal
Historically, farmers bring in more area in favour of the crop which realised higher last year
The domestic starch industry has also voiced concerns over sub-optimal corn supply this season, owing to less-than-normal rainfall last year
Experts have already voiced their concern over India's ability to find non-GM maize, which only a handful of countries grow
According to trade estimates, the crop for the current season is 17 million tonnes, against the domestic demand of 20 mt
To meet the rising domestic demand of the crop