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Archive for the ‘Agriculture’ Category

Tea Industry: Becoming hotter or cooler??

April 21, 2011 Leave a comment

Globally, tea output has received a setback with production trend reflecting to be lower than target. Tea production in Kenya—one of the largest producers and exporters of tea — recorded a decline in February 2011 due to hot and dry weather conditions in the main Rift Valley producing areas. Similarly, tea output in Tanzania—Africa’s fourth largest producer — is expected to be lower than target after a drought affected yields. Read more…

Categories: Agriculture, Tea

Food Processing Industry in India

November 18, 2010 Leave a comment

The Union Minister for Food Processing Industries Subodh Kant Sahai has said that India is set to witness the next revolution in Food Processing Industry. The Centre has set an investment target of rupees one lakh crore by 2015 in the sector. The sector is expected to grow by 20% and value addition to increase by 35% by 2015. Food Processing Industry is a potential source for driving the rural economy and is of great importance to an agrarian economy like India. – Source: PIB

Here’s a brief note on the Indian Food Processing Industry..

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Price of Cotton surges to highest levels in 15 yrs

September 23, 2010 Leave a comment

Cotton futures extended their rally to the highest price in more than 15 years on rising demand from textile mills. Delayed harvests and booming demand in Asia are cutting into supplies. Read more…

Categories: Agriculture

Fertiliser Industry in India: Aftermath of NBS Policy

September 9, 2010 Leave a comment

While the government has implemented the Nutrient Based Subsidy (NBS) Policy, urea consumption still remains high. Read more…

Categories: Agriculture, Fertiliser

Decontrol of Sugar Industry Proposed in India

September 9, 2010 2 comments

The Agriculture and Food Minister, Sharad Pawar has proposed decontrolling the sugar industry from October 2010. Reportedly, the minister has made the following recommendations: Read more…

Categories: Agriculture, Sugar

Impact of Monsoon 2010 on Indian Industries

August 12, 2010 Leave a comment

After the drought in 2009, close to 85% of the Indian subcontinent received excess/normal rainfall during the current monsoon season (between June 1 and August 4, 2010). Rainfall has been only 2% below the long period average (LPA) during this time. The LPA of seasonal rainfall across India is 89cm, which is the rainfall averaged during the monsoon seasons (June to September) during 1941-90.

Out of 36 meteorological subdivisions, rainfall has been excess in 11, normal in 20 and deficient in five sub-divisions. However, besides the actual rainfall, its spatio-temporal distribution also makes a difference and can paint a different picture from the LPA. This spatio-temporal distribution criteria requires that rainfall should be well spread across the geographical area of the country and even across the monsoon period. In the current monsoon season, rainfall has been well distributed across regions and the monsoon period.

The southwest monsoon is important for India as about 60% of the country’s farm-lands are rain-fed and agriculture accounts for a fifth of the GDP. More than half of the workforce in the country is employed in this sector. Thus, monsoon has both direct and indirect impact on various sections of the economy.

Direct Impact Read more…

Sugar Industry in India anxious to be decontrolled

The sugar industry is heading towards a glut in the current year from the deficit it faced in the sugar year October 2008-September 2009. This has made the industry participants anxious. Right from demanding re-imposition of customs duty on imports of sugar to deregulation to considering a new cane pricing formula, they are trying it all.  Read more…

Categories: Agriculture, Sugar