1. Agriculture growth is likely to be “moderate” in the current fiscal as prospects of both rabi and kharif crops have been affected by vagaries of monsoon, the Reserve Bank of India said.
2. India will soon become an urea surplus state from a deficit state and start exporting it, Union Fertiliser Minister said. Urea production is expected to rise by 7 per cent to a record 24 million tonnes this fiscal year.
3. The total cotton output in the country is estimated to be 370.50 lakh bales for the 2015-16 season which began on October 1, an industry body said.
4. Flooded Chennai would need to be prepared to deal with rain of varying intensity for another fortnight, according to the US Climate Prediction Centre. India Met Department has on Wednesday extended the ‘heavy to very heavy rain’ forecast for Tamil Nadu and Puducherry for four more days until Sunday.
5. In view of higher dal prices in the retail market, the govt had decided to create a buffer stock and accordingly NAFED, SFAC to procure 40,000 tons pulses for Rs 350 crore.
6. The forthcoming 10th Ministerial Conference of the World Trade Organization (WTO) scheduled to be held at Nairobi from December 15-18 poses tough challenges for developing nations including India related to matters of Food Security, Special Safegaurd Mechanisms/Measures, MSP (Minimum Support Prices), Subsidies etc.
7. The Andhrapradesh Govt seeks support from Japan on Agriculture/Food industry front promising 10Lakh acres.
2. India will soon become an urea surplus state from a deficit state and start exporting it, Union Fertiliser Minister said. Urea production is expected to rise by 7 per cent to a record 24 million tonnes this fiscal year.
3. The total cotton output in the country is estimated to be 370.50 lakh bales for the 2015-16 season which began on October 1, an industry body said.
4. Flooded Chennai would need to be prepared to deal with rain of varying intensity for another fortnight, according to the US Climate Prediction Centre. India Met Department has on Wednesday extended the ‘heavy to very heavy rain’ forecast for Tamil Nadu and Puducherry for four more days until Sunday.
5. In view of higher dal prices in the retail market, the govt had decided to create a buffer stock and accordingly NAFED, SFAC to procure 40,000 tons pulses for Rs 350 crore.
6. The forthcoming 10th Ministerial Conference of the World Trade Organization (WTO) scheduled to be held at Nairobi from December 15-18 poses tough challenges for developing nations including India related to matters of Food Security, Special Safegaurd Mechanisms/Measures, MSP (Minimum Support Prices), Subsidies etc.
7. The Andhrapradesh Govt seeks support from Japan on Agriculture/Food industry front promising 10Lakh acres.
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