Page 2 - Rabi Sowing

Govt procures 34,917 tonnes of wheat in Rabi marketing season so far

A quantity of 34,917 tonnes of wheat has been procured till April 3, benefitting 3,510 farmers with MSP value of Rs 70.36 crore

Total acreage slightly up at 431,000 hectares till Oct 14 in Rabi season

Total area under coverage in the ongoing Rabi (winter-sown) season is marginally up at 4.31 lakh hectares so far, mainly due to an increase in acreage of oilseeds crop. In the year-ago period, the acreage stood at 4.21 lakh hectares. The sowing of wheat, a major Rabi crop, has not been reported till October 14 by any state. Sowing in Rabi season starts from October. Minor area of 0.87 lakh hectares coverage has been reported by Tamil Nadu only in rice, an official statement said on Thursday. The acreage of rice stood at 0.99 lakh hectares in the year-ago period. In case of pulses, 0.25 lakh hectares area has been sown so far this season as against 1.18 lakh hectares in the same period last year. Coarse cereals sowing area has risen to 0.38 lakh hectares from 0.22 lakh hectares. In case of oilseeds, about 2.81 lakh hectares area coverage has been reported so far by Uttar Pradesh (2.79 lakh hectares), Karnataka (0.01 lakh hectares) and Jammu & Kashmir (0.01 lakh hectares). Oilsee

Fertiliser subsidy in rabi season to benefit farmers, industry: ICRA

Rating agency ICRA has termed the government's decision to provide a special one-time package for extra subsidy on DAP fertiliser as positive for farmers as well as the industry, and said the availability of key nutrients will improve in the coming months. On Tuesday, the government announced a net subsidy of Rs 28,655 crore on Phosphatic and Potassic (P&K) fertilisers for the October-March period of this fiscal to ensure that farmers get nutrients at affordable prices during the rabi sowing season. The Cabinet Committee on Economic Affairs (CCEA) has approved the Nutrient-Based Subsidy (NBS) rates for P&K fertilisers for October 2021 to March 2022. In a statement, the rating agency said the Centre has approved a special one-time package for pay-out of additional subsidy for DAP and three most consumed NPK grades. The subsidy rates under the NBS scheme have been kept unchanged from the announcement made in May 2021. However, an additional pay out of Rs 438/bag (Rs 8,760 per ...

Cabinet okays Rs 28,655 cr subsidy on P&K fertilisers for rabi season

Total subsidy burden to be around Rs 130,000 in FY-22, almost 63% more than budgeted

Complex fertiliser prices rise as supplies fall short ahead of rabi sowing

Reports say Centre is contemplating another round of subsidy support

MSP hikes need to be supplemented by higher yields, say experts

Business Standard looks at the MSP hikes of main rabi crops in the last 10 years and their percentage rise compared to previous years

Govt procures record 43.33 MT wheat in 2021-22 rabi marketing season

The government has procured record 43.33 million tonne of wheat in the 2021-22 rabi marketing season, the Food Ministry said on Monday. Wheat marketing season is from April to March, but bulk of procurement is normally done in the first 3-4 months. The previous record was 38.99 million tonne (MT) in the 2020-21 rabi marketing season. "Hitting an all-time high, 43.33 million tonne of wheat has been procured from most of the wheat procuring states after conclusion of current marketing season 2021-22," the ministry said in a release. About 49.15 lakh farmers have already benefitted from the current procurement operations with an MSP (minimum support price) value of Rs 85,581.39 crore, it said. However, procurement of paddy grown in the kharif season of 2020-21 is still continuing. Kharif paddy is procured between October and September. The ministry said paddy buying is continuing smoothly and so far 86.98 million tonne of paddy has been purchased as against 75.92 million tonne in th

Smoke signals

Farm fires are likely to exacerbate this year

Will rabi harvest and procurement script rural recovery amid farmers' stir?

A sharp drop in returns could exacerbate farmers' woes and fuel the ongoing protest; rabi crops currently being harvested are grown mostly in the Northern parts of the country, the hotbed of the stir

Spike in fertiliser sales boosts prospects for Coromandel International

While rabi season drives hopes of a strong Q3, analysts are hopeful of strong growth over the next two years

Street remains bullish on Escorts despite a 2.5x run since March

Sustained tractor demand, market share recovery and pick up in exports key tailwinds

Staring down Covid, agri among few sectors to grow in FY21 in arid economy

Agriculture is the only sector expected to clock a positive growth in 2020-21 as per the estimates released by MoSPI

Wheat sowing increases 4% at 32.53 mn hectare so far this rabi season

The area under the coverage for paddy is down marginally to 14.83 lakh hectare so far this rabi (winter-sown) season from 15.47 lakh hectare in the corresponding period previous year

Rabi on a roll: Current season may go up against December last year

According to rating agency CRISIL, kharif harvest was delayed last year, so acreage growth under rabi was on a low base till November 2019.

Centre aims to protect farmers, refuses to slash import duty on chana

Some traders are demanding a reduction to 35-40 per cent to tide over any shortage of the commodity as the new crop will start hitting the market only around mid-February

Electricity demand peaks in Punjab ahead of the sowing season: Report

In Haryana, demand has reached 8.5 Gw versus 9.4 Gw last year

India on course for bumper harvest, Rabi sowing scales multi-year high

Data from the agriculture ministry shows that among the main rabi crops, wheat acreage touched a record 33.02 million ha as on January 16, 2020

Wheat sowing up 9.28% to 31.3 mn hectare this rabi season on good weather

Sowing of rabi crops begins in October and harvesting kicks off from March

Wheat sowing area touches 27.8 mn hectares, accounts for 90% acreage

The area sown to wheat crop is higher than 25 million hectare covered in the year-ago period

Abundant late rains bring new hope for farmers in the coming rabi season

Reduced dependence on irrigation due to high soil moisture content could bring down production cost and boost margins