Poging GOUD - Vrij
Paddy sowing up; pulses, cotton, oilseeds decline
Mint Mumbai
|August 26, 2023
Amid an erratic monsoon, farmers planted more paddy this kharif season, and less of pulses, cotton and oilseeds. According to agriculture ministry data released on Friday, overall kharif sowing inched up 3.6% from last year to touch 105.4 million hectares (mh).
While paddy sowing rose 16.2% to 38.4 mh, pulses acreage shrank 10.6% to 11.7 mh. The fall in pulses sowing includes a 2.3% and nearly 5% drop in tur (arhar or pigeon pea) and urad (black gram) to 4.2 mh and 3.1 mh respectively, two items which recorded a jump in prices this season and jointly account for two-thirds of the kharif pulses basket. Area under moong cultivation also declined 2.7% to 3.1 mh.
Area under cotton and oilseeds shrank around 3% and 2%, respectively. Farmers cultivated cotton over 12.2 mh and kharif oilseeds on 18.8 mh, including 12.4 mh under soya bean and 4.3 mh under groundnut. Similarly, in the millet basket, the area under jowar fell 1.2% to 1.3 mh. However, farmers have been seen doubling the pace of sowing maize, followed by ragi and bajra.
Meanwhile, agriculturists cautioned that lower rainfall in August, coupled with falling reservoir levels, may hurt yields.
"Deficit rainfall during June led to delayed sowing, which pushed the crop calendar of pulses, cotton, paddy and maize to be in the vegetative phase in August, and now the below-normal precipitation is estimated to have a negative impact on yields owing to poor vegetative growth, pest infestations and problematic flower setting in different crops," said Pushan Sharma, director–research, Crisil Market Intelligence and Analytics.
Dit verhaal komt uit de August 26, 2023-editie van Mint Mumbai.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint Mumbai
Mint Mumbai
Investors expect AI use to soar. That’s not happening
On November 20th American statisticians released the results of a survey. Buried in the data is a trend with implications for trillions of dollars of spending.
4 mins
November 28, 2025
Mint Mumbai
360 One, Steadview, others to invest in Wakefit ahead of IPO
A clutch of firms, including 360 One, Steadview Capital, WhiteOak Capital and Info Edge, is expected to invest in home-furnishings brand Wakefit Innovations Ltd just ahead of its initial public offering (IPO) next month, three people familiar with the matter said.
3 mins
November 28, 2025
Mint Mumbai
I-T dept to nudge taxpayers to declare foreign wealth
The department was able to collect 30,000 crore disclosed in the previous Nudge drive
2 mins
November 28, 2025
Mint Mumbai
Catamaran to boost manufacturing bets
Catamaran is focused on a few areas in manufacturing, such as aerospace
2 mins
November 28, 2025
Mint Mumbai
India, UAE review trade agreement to ease market access
Officials of India and the United Arab Emirates (UAE) met on Thursday to review how the Comprehensive Economic Partnership Agreement (CEPA) is working, and remove frictions that may be impeding trade between the two nations.
1 mins
November 28, 2025
Mint Mumbai
Beyond the stock slump-Kaynes' $1 bn aim is just the start
Shares of Kaynes Technology India Ltd have fallen about 25% from their peak of 7,705 in October, amid a management reshuffle and the expiry of the lock-in period for pre-IPO shareholders.
1 mins
November 28, 2025
Mint Mumbai
How Omnicom’s IPG buy will change Indian advertising
Two of the advertising world’s Big Four holding companies—Interpublic Group and Omnicom—officially merged this week.
2 mins
November 28, 2025
Mint Mumbai
Why TCS is walking a tightrope
Tata Consultancy Services Ltd recently outlined an ambitious multi-year $6-7 billion investment plan to build artificial intelligence (AI)-focused data centres and is already making progress in that area.
2 mins
November 28, 2025
Mint Mumbai
It's a multi-horse Street race now as Smids muscle in
For years, India’s stock market ran on the shoulders of a few giants. Not anymore.
3 mins
November 28, 2025
Mint Mumbai
Telecom firms flag hurdles in data privacy compliance
Operators need to comply with the data protection norms within 12-18 months
1 mins
November 28, 2025
Translate
Change font size

