According to the agriculture ministry, India’s foodgrain production reached a record 332.22 million tonnes in the 2023-24 crop year, driven by strong wheat and rice production. The final estimate for 2023-24 shows an increase of 2.61 million tonnes from the previous year’s 329.6 million tonnes. Rice production reached a record 137.82 million tonnes, up from…
Despite the Center’s restrictions on exports of non-basmati white rice and the imposition of a 20% export levy, Indian rice remains competitive on the international market. Although prices have increased by over $30 a tonne over the last two months, Indian cereal remains competitive.”The worldwide market for rice continues to be quite competitive for Indian…
Due to an early start in Rajasthan and Uttar Pradesh, wheat sowing has increased by 10% as of Friday during the current rabi season. By the end of the month, the area under the cereal crop will show how much wheat will be produced, as planting in December would certainly damage the crop yield if…
An increase in the cost of cereals, vegetables, pulses, milk, and milk products, retail food inflation increased to 7.6% in August from 6.7% in July. As a result, the consumer price index’s total inflation rate increased to 7% on a yearly basis in August from 6.71% in the previous month. Because of an increase in…
