Agricultural News and GK Series- March 2017

AGRICULTURAL NEWS & GK SERIES- March 2017

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Sugar production is estimated to decline to around 20 million tonnes in 2016-17 marketing year (October-September) from 25 million tonnes in the previous year

During the crop year 2015-16, India had stood third behind China and Spain, in terms of such imports from the US at 126 million pounds.

The earlier record of exports was of 18.73 lakh tonne in 2009-10. The country has already exported 24 lakh tonne onions, worth Rs 3,386 crore, in 2016-17.

This year the company has also imported mangoes so that mango lovers can enjoy their favourite fruit even in the off-season.

A shift to planting crops such as sugarcane and wheat could drag on global prices in those markets as supply swells.

If cleared, the loans waiver scheme will also lead to some stress on the state's fiscal arithmetic as it would cost state govt around 8% of its total revenue.

Haryana, according to the Union home minister, has taken effective steps so that agriculture could be converted into a "respectable and remunerative" occupation.

Tamil Nadu is reeling under severe drought due to rainfall deficit of nearly 62 per cent owing to monsoon failure. The state has been demanding relief from the central government.

"I want to clarify that BJP has mentioned this in its state unit election manifesto, not in the manifesto for the Lok Sabha elections," Singh said.

The total cost of the project is estimated to be $98 million, which will be used for setting up the plants, to meet working capital needs and trading expenses.

As for traditional farmers, they would not be required to get themselves registered to pay GST.

Analysts and industry representatives expect the industry to return to normalcy in capital expenditure in the next fiscal if improvement in margins is sustained.

The new cotton variety is among few others identified by Indian Council of Agricultural Research (ICAR) for cultivation in North region.

The foodgrains stock in central pool as on 1st December, 2016 was 27.55 million tonnes of which wheat was 16.5 million tonnes and rice 11.05 million tonnes, it said.

There has been appreciable fall in day and night temperatures since Wednesday going below normal in Punjab, with light to moderate rains.

As per the report released by the association on Wednesday, the total NR production of the member countries is expected to increase by 4.2% in 2017.

Overall, a robust growth of 4.1 per cent is estimated for the agriculture sector in 2016-17 as against the previous year's drought-impacted growth rate of 1.2 per cent.

“Storage-space crunch is a chronic problem here. This season, it has touched a critical level,” said Jiban Dam, a potato farmer.

Finance minister Arun Jaitley in his Budget speech had said: "We also propose to integrate farmers who grow fruits and vegetables with agro processing units."

Singh also emphasised that there is a need to set up more women cooperatives in the country as at present they are only 20,014 out of the total 8 lakh in India.

Forecasters globally have been increasing odds that El Nino will develop this year as temperatures in the Pacific Ocean rise.

Local market ground level price of different varieties has also come down to Rs 4 a kg at some places while production cost is over Rs 5 per kg.

The Indian Sugar Mills Association (ISMA) said output in the 2016-17 season beginning October would be about 20.3 million tones, compared with 25.1 million tonnes in the earlier season.

The canes of sugarcane variety CoPb 93 juice contains 17% and 19% sucrose in January and March with average cane yield of about 390 quintals per acre.

Cloudy weather without any rainfall is highly favourable for their development cautioned RS Gill, head, Department of Entomology, PAU.

The ISMA release stated: "Out of 153 sugar mills which had started crushing this season in Maharashtra, 136 mills have stopped crushing and 17 are still working.

A senior official said the single-window service will also ease farmers’ problems as they will no longer have to go door-to-door to sell excess crop.


The association chairman Thomas Jacob said the crop production has come down by 30 per cent in tea, 14 per cent in rubber, 60 per cent in cardamom and 40 per cent in coffee due to drought conditions.

Reference: The Economics Times









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