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Grain Production Target Set 4% Higher at 354 MT

Financial Express Kochi

|

May 09, 2025

Agri GVA growth may be strong for second year in a row

- SANDIP DAS

GIVEN THE FORECAST of "above normal" monsoon, the government has set a record target of 354.64 million tonne (MT) for foodgrain production in the 2025-26 crop year (July-June).

This is an increase of 4% from the target for the current (2024-25) crop year, which itself is an all-time high, a senior agriculture ministry official said on Thursday.

Of the estimated total foodgrain production in the next crop year, the forthcoming kharif season is likely to contribute 168.88 MT. Foodgrains include wheat, rice and coarse cereals, and pulses. Rice and wheat outputs in the next crop year are projected at 147 MT and 117 MT, respectively, implying annual increases of 8% and 2%.

Though higher foodgrain production increases the chances of another year of high growth in agriculture, the gross value added (GVA) in this primary sector of the economy is also a function of prices fetched by farmers and other stakeholders.

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PE, VC investment value up 9% in Oct, volume down

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Market-making in the works for sub-AAA bonds

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Economic growth surges to 8.2%

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time to read

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Financial Express Kochi

Hong Kong blaze toll rises to 128

HONG KONG'S DEADLIEST fire in nearly eight decades has killed at least 128, officials announced shortly after making fresh arrests in connection with the blaze.

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Amazon, Flipkart set sights on small loans space

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All eyes on RBI policy given record low inflation: Goyal

THE SUBDUED NOMINAL GDP growth of 8.7% in the September quarter has raised expecta- tions of a rate cut by the Reserve Bank of India in the December policy review.

time to read

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Financial Express Kochi

Trump vows to freeze migration

A‘PERMANENT PAUSE’ ON MIGRATION FROM ALL ‘THIRD WORLD COUNTRIES’: US PRESIDENT

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Extra US tariff may go by year-end: Commerce secy

INDIA AND THE US are negotiating on two tracks to resolve their trade standoff, and the first one will likely address the 50% additional tariff on Indian exports by Decemberend, Commerce Secretary Rajesh Agrawal said on Friday.

time to read

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Financial Express Kochi

Airtel user addition in Oct jumps nearly 3x over Sept

BHARTI AIRTEL'S NET subscriber additions gathered momentum in October, with the telco adding 1.25 million new users during the month, up sharply from 437,717 in September, according to the latest subscriber data released by the Telecom Regulatory Authority of India (Trai).

time to read

1 mins

November 29, 2025

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