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Marginal Adverse Impact on Crop from Early Monsoon

Financial Express Kochi

|

June 03, 2025

The early arrival of the southwest monsoon, coupled with exceptionally high rainfall in May across Maharashtra, Karnataka, and Gujarat, has had a marginal adverse impact on horticultural crops such as onion and tomato.

- SANDIP DAS

However, overall horticulture production being robust, the agriculture-sector value addition in the year may not be adversely impacted. The sector contributes roughly one-third of gross value added (GVA) in the farm sector.

According to traders and farmers, about 95% of the rabi onion crop in Maharashtra had already been harvested and stored by mid-May. Only a small portion of the standing crop was affected by the excess rainfall last month. Maharashtra accounts for over 40% of the country's onion output.

Bharat Digole, president of the Maharashtra State Onion Producers' Organisation, ruled out any supply constraints, noting that rabi production—which constitutes 70–75% of total annual output—is estimated at 22.7 million tonne for the 2024–25 crop year (July–June). This marks an 18% increase compared to the previous year.

MEER VERHALEN VAN Financial Express Kochi

Financial Express Kochi

IMF directors urge India to replenish fiscal buffers

WHILE FISCAL CONSOLIDATION has progressed, achieving the fiscal deficit target remains challenging, necessitating disciplined spending and strengthened fiscal buffers to safeguard stability, the International Monetary Fund executive board directors in their report.

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Change mindset for manufacturing push: Godrej

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Google Cloud sees govt tie-ups rise

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When humans & Al create value together

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SBI’s NIM target of 3% safe even if RBI cuts rate: Setty

STATE BANK OF India is confident of achieving its 3% net interest margin (NIM) guidance even if the Reserve Bank of India (RBI) decides to cut the repo rate by 0.

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US-Russia talks gain momentum

A SENIOR KREMLIN official confirmed Wednesday that US special envoy Steve Witkoff is set to visit Moscow next week as efforts to find a consensus on ending the nearly four-year war between Russia and Ukraine pick up speed.

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UK cuts tax-free allowance for cash savings

BRITISH FINANCE MINISTER Rachel Reeves delivered a budget on Wednesday that will take more tax from workers, people saving for a pension and from investors to give herself more room for meeting her borrowing targets.

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Reliance JV to build AI data centre

THE ANDHRA PRADESH government has assured full support for the Digital Connexion project, including assistance with land allotment, power infrastructure, connectivity,and timely clearances.

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Indices near all-time high as bears go into hiding

· DIIs pump in ₹7 lakh crore, highest in a year

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When tax meets technology

Tax is one area where the govt has moved far ahead in adopting technology and digitisation. Professionals must catch up with the digital architecture in place

time to read

3 mins

November 27, 2025

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