Following a sluggish onset in June, the southwest monsoon gained significant momentum, achieving surplus levels in July and further strengthening this surplus throughout August
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Commodity-wise, paddy, pulses, oilseeds, millets, and sugarcane sowing remained higher year-on-year. Sowing for cotton and jute/mesta has, on the other side, been on the lower side
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On a yearly basis, the sowing is about 2.15 per cent higher, according to the latest data from the Agriculture Ministry
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CareEdge Ratings expects the food inflation to average 6.9 per cent and 7.5 per cent in Q2FY25 and Q3FY25, respectively, before moderating to 5.3 per cent in Q4FY25
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Nabard is already piloting around 11 projects involving digitised agri-value chain financing in collaboration with banks
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