Sowing News

Wheat sowing has declined by 27 percent to 117.32 lakh hectares so far this rabi season due to lack of moisture content in soil and late harvest of Kharif crops.

Monsoon has faltered after a promising start but inflation risks remain low and the CPI inflation is likely to average around 5.0-5.5 percent in the current financial year, says a Nomura report.

Area under paddy and pulses coverage has increased marginally to 8.33 lakh hectare and 4.51 lakh hectare so far this kharif season from the year-ago period on further progress in monsoon rainfall.

Area under paddy coverage has increased by 13 percent so far in this Kharif sowing season to 3.46 lakh hectares and sowing operation?s are likely to pick up with onset of monsoon in Kerala Friday.