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Wheat output may decline by 4% in 2014-15 on unseasonal rains

Last Updated: Wednesday, May 13, 2015, 14:51

Wheat production may fall by 4 percent during the 2014-15 crop year from record 95.85 million tonnes in the previous year as the crop was affected due to the recent unseasonal rains and hailstorms.

FM admits to 'agrarian crisis', offers more support to farmers

Last Updated: Saturday, May 9, 2015, 22:20

Finance Minister Arun Jaitley on Saturday hinted at more sops for the troubled farmers, saying the unseasonal rains in March have resulted in an "agrarian crisis".

Wheat procurement may miss 30-mn tonnes target this year: Govt

Last Updated: Tuesday, April 28, 2015, 15:42

Government's wheat procurement this year may fall short of the initial target of 30 million tonnes (MT) due to crop damage following a recent spell of unseasonal rains and hailstorms.

More relief to distressed farmers on anvil: FM Jaitley

Last Updated: Sunday, April 26, 2015, 22:17

Concerned over woes of farmers on account of unseasonal rains and hailstorms and farmer suicides, Finance Minister Arun Jaitley Sunday said that Government will take more steps to provide liberal relief to the distressed lot.

Banks, states asked to help farmers in distress: Sinha

Last Updated: Friday, April 24, 2015, 17:05

The state-level bankers' committee and states have been asked to take immediate steps to mitigate the hardship of farmers following destruction of their crops by unseasonal rains and hailstorms, the government said on Friday.

UP, Rajasthan, Haryana worst hit by rains, seek Rs 10,100 crore relief

Last Updated: Tuesday, April 21, 2015, 15:55

Uttar Pradesh, Rajasthan and Haryana were the worst hit states in the recent unseasonal rains and hailstorm and have sought over Rs 10,100 crore as relief from the Centre for the affected farmers, the Lok Sabha was informed on Tuesday.

RBI instructs banks to restructure farm loans

Last Updated: Wednesday, April 8, 2015, 14:44

The Reserve Bank on Wednesday said it has instructed banks to restructure loans of farmers whose crops have been damaged by the recent unseasonal rains and hailstorms.

PM Narendra Modi announces higher compensation for farmers hit by unseasonal rains

Last Updated: Wednesday, April 8, 2015, 12:20

Modi said criteria of 50 percent crop damage for providing compensation to affected farmers has been reduced to 33 percent which will help more farmers to get compensation for their crop loss.

Unseasonal rains to push CPI inflation to 6% in Q2 2015: Nomura

Last Updated: Monday, April 6, 2015, 16:27

Inflation momentum is likely to increase in the coming months largely due to unseasonal rains which could push CPI inflation to nearly 6 percent in next three months, says a Nomura report.

Unseasonal rains damage 106.73 lakh hectares of rabi crops

Last Updated: Thursday, March 26, 2015, 19:50

Unseasonal rains and hailstorms during this month have damaged rabi (winter-sown) crops in 106.73 lakh hectares of area across 14 states as against the earlier estimates of 181 lakh hectares.

Vigilance needed on food inflation: RBI on unseasonal rains

Last Updated: Sunday, March 22, 2015, 15:08

RBI Governor Raghuram Rajan on Sunday said the government and the central bank need to be more vigilant about the food price situation against the backdrop of unseasonal rains damaging some crops.

Unseasonal rain adversely affected rabi crop output: Govt

Last Updated: Friday, March 20, 2015, 16:03

In Rabi season of 2014-15 crop year, 535.35 lakh hectares were sown under foodgrains and 79.34 lakh hectares under oilseeds.