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kraghuveera

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  1. Expected bountiful monsoon this year is unlikely to lift India's rural economy this year, experts say, and may instead compound the woes of millions of debt-ridden farmers who are struggling with low prices.

    According to a Reuters report, India's grain production reached an all-time high of 273.38 million tonnes in the latest crop year, on record output of rice, wheat, oilseeds and pulses.

     

    There is a huge inventory of food grains from last year's record harvest as exports were hit by an appreciating rupee, falling global prices and restrictions on exports.

     

    In case of pulses, the government also encouraged farmers to increase the area under production.

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