Record 263m tonnes foodgrain yield likely: Pawar

February 10, 2014 - 2:28:10 pm


Nagpur: Foodgrain production is likely to touch a new high of 263.2 million tonnes this year, more than the record 259 million tonnes achieved two years ago, union Agriculture Minister Sharad Pawar said here yesterday.

“The country is likely to achieve record 263.2 million tonnes foodgrain production this year. This would be about 4MT higher than the record of 259 million tonnes achieved two years ago,” Pawar said here at the agricultural exposition, Krishi Vasant, that was inaugurated by President Pranab Mukherjee.

India has emerged as the world’s top rice exporter, the second largest exporter of wheat and cotton, as well as the top producer of milk and horticultural crops, Pawar said.

A good monsoon has improved prospects of a better foodgrain production this year. The Central Statistics Office (CSO) has projected a 4.6 percent growth in agriculture and allied sectors for the current fiscal, up from 1.4 percent a year earlier.

The five-day agriculture exposition, the biggest in the country so far, has been organised jointly by the union agriculture ministry, the Maharashtra state and the Confederation of Indian Industry (CII). 

Banks to go on strike from today

New Delhi: Banking services in the country would be hit from today, with staff of both public and private sector banks planning a two-day strike against the proposed banking sector reforms and for immediate revision in wages.

Over a million bank employees and officers working in 27 public sector banks, including the State Bank of India, and 12 private and eight foreign banks, will go on a two-day nationwide strike Feb 10-11, the United Forum of Bank Unions (UFBU) yesterday said.