The Union cabinet is likely to decide on Thursday the minimum support price for crops planted during this year's kharif season.
Monsoon rains have stumbled again after a late onset and been confined to a narrow coastal belt for six days, delaying crop planting.
Despite significant drop in daily arrival of wheat in major producing centres of Punjab and Haryana, the procurement has touched a record level of 35. 73 million tonnes.
Rising fertiliser prices may lead to a drop in demand by 10-15 % this kharif season. The impact will be more on diammonium phosphate.
Private sugar mills in Uttar Pradesh have sought a relief package from the state government citing a financial loss of Rs 3,000 crore.
After hitting the Kerala coast, the monsoon is likely to progress along the west coast over the week, leaving the southern part of Kerala parched.
Pulses have been sown in 15.11 lakh hectares in the current sowing season so far as against the target of 17.49 lakh hectares.
Food minister K.V.Thomas said that the centre would carry out random as well as periodical check-up to ensure the quality of food-grains being procured and distributed under PDS.
The Centre is planning to rope in global companies for the revival of Black Tiger shrimp farming in the country.
Fertiliser companies plan to raise DAP, NPK and potash prices by up to 30% this kharif as the falling rupee makes import of these nutrients more expensive.
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