Sunday, October 6

Kharif crop sowing at 110.46 mn hectares, exceeds typical for the season

Assisted by excellent monsoon rains, acreage under kharif crops has actually increased 1.50% year-on-year to 110.46 million hectares since 20 September, going beyond the four-year average of 109.6 million hectares, the farming ministry stated in a declaration on Monday.

Kharif crops, such as paddy, pulses, oilseeds, sugarcane and cotton, had actually been planted throughout 108.82 million hectares in the year-ago duration.

Paddy sowing stood at 41.35 million hectares, a 3% increase from the typical location of 40.15 mh and a 2.22% boost from 40.45 mh a year earlier.

Check Out: Mint Explainer: Why did the govt raise Kharif rice procurement target?

Coarse cereals, or shree anna, likewise saw a 6.35% boost to 19.25 million hectares over the regular location of 18.10 million hectares. It was 3.49% greater than the 18.60 million hectares planted throughout the exact same duration in 2023.

Pulses, another crucial kharif crop, taped a 7.79% increase in sowing, broadening to 12.85 million hectares from 11.92 million hectares in 2015, with tur (arhar) dal alone representing 4.65 million hectares.

Oilseeds, too, saw a minor boost in sowing location to 19.38 million hectares from 19.09 million hectares in 2023, while sugarcane stayed steady at 5.76 million hectares.

Some crops tape-recorded decreases, with jute and mesta falling to 574,000 hectares from 667,000 hectares and cotton dropping to 11.27 million hectares from 12.37 million hectares last year.

The bumper sowing has actually reinforced self-confidence amongst policymakers, as kharif production makes up about 60% of India’s overall foodgrains output.

“The federal government is enthusiastic of a bumper production of pulses this year,” customer affairs secretary Nidhi Khare informed press reporters.

The boost in pulses sowing locations is a favorable sign for the farming sector and shows the federal government’s dedication to improving farm performance. It might possibly result in a decrease in costs for this vital protein source, supplied the harvest is beneficial.

Check Out: Will a surprise uptick in August inflation put RBI rate cut timeline in limbo?

Broad increases throughout numerous crops mostly minimize issues about a rise in food inflation, which has actually been more relentless than heading inflation in current months.

Food inflation, a relentless difficulty, increased to 5.66% in August from 5.42% reported in July. This was the most affordable because June 2023, when it was 4.55%. Food inflation increased to 9.36% in June, to 8.69% in May, and 8.70% in April.

Ends

Capture all business News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess

Released:

23 Sep 2024, 07:20 PM IST

Organization NewsNewsIndiaKharif crop sowing at 110.46 mn hectares, goes beyond regular for the season

ยป …
Learn more