Skip to content
  • Facebook
  • X
  • Linkedin
  • WhatsApp
  • YouTube
  • Associate Journalism
  • About Us
  • Privacy Policy
  • 033-46046046
  • editor@artifex.news
Artifex.News

Artifex.News

Stay Connected. Stay Informed.

  • Breaking News
  • World
  • Nation
  • Sports
  • Business
  • Science
  • Entertainment
  • Lifestyle
  • Toggle search form
  • Virat Kohli Leaves “Biggest impact” After Phenomenal Fielding In Cricket World Cup
    Virat Kohli Leaves “Biggest impact” After Phenomenal Fielding In Cricket World Cup Sports
  • Kerala government’s big desilting push faces scrutiny over Chulliyar project in Palakkad
    Kerala government’s big desilting push faces scrutiny over Chulliyar project in Palakkad Nation
  • Chardham Yatra On Hold Amid Rain Alert, Pilgrims Urged Not To Start From Rishikesh
    Chardham Yatra On Hold Amid Rain Alert, Pilgrims Urged Not To Start From Rishikesh Nation
  • When Joe Rogan Warned About Los Angeles Wildfires In His Podcast
    When Joe Rogan Warned About Los Angeles Wildfires In His Podcast World
  • Access Denied
    Access Denied Nation
  • Devotees urge Vijay to take steps to retrieve properties of Nungambakkam temple
    Devotees urge Vijay to take steps to retrieve properties of Nungambakkam temple Nation
  • Goodwill is the only saviour for Indian exporters hoping for U.S. tariff refunds
    Goodwill is the only saviour for Indian exporters hoping for U.S. tariff refunds Business
  • Access Denied World
Monsoon’s uneven march could fuel food inflation: Analysts 

Monsoon’s uneven march could fuel food inflation: Analysts 

Posted on July 18, 2023 By admin


With the Indian Meteorological Department signalling that parts of Uttar Pradesh, Bihar, Assam, Punjab, Karnataka and Tamil Nadu may see less than normal rainfall this month, sowing of paddy and pulses could be further affected. These effects were already exacerbating food inflation, reckoned analysts at brokerage Motilal Oswal. File
| Photo Credit: Reuters

Despite a wetter July so far lifting the overall rainfall above the long period average (LPA), India’s southern peninsula, the Deccan Plateau and the eastern region continue to face a below-normal monsoon and Kharif sowing remains lower than last year for crops like rice and pulses, spurring increases in their prices. 

By July 15, the overall sown area of Kharif crops was 2% lower compared with the same time in 2022, with maize (-5.6%), rice (-6.1%), pulses (-13.3%) and cotton (-11.6%) being some of the major crops facing shortfalls in sowing this year. The widest decline was recorded in Arhar, with the area sown more than 38% lower than last year, Bank of Baroda’s economics research department observed in a note. 

Worryingly, reservoir levels in western and southern regions of the country were also at lower marks than last year, even as there had been uneven distribution of rainfall this season, with parts of West and North India seeing excessive rainfall, while it was deficient in Bihar, Jharkhand and the North Eastern States.   

With the Indian Meteorological Department signalling that parts of Uttar Pradesh, Bihar, Assam, Punjab, Karnataka and Tamil Nadu may see less than normal rainfall this month, sowing of paddy and pulses could be further affected. These effects were already exacerbating food inflation, reckoned analysts at brokerage Motilal Oswal. 

“Deficient rainfall, and consequently lower rice and pulses sowing, has pushed prices higher. Rice constitutes around 4.4% and pulses have a weight of 6% in the overall Consumer Price Index,” the analysts noted in a report. “July is a crucial period for sowing Kharif crops as about 32% of monsoon precipitation typically occurs during this month,” they added.  



Source link

Business Tags:crops in india, food inflation, monsoon in india, Thehindu business news

Post navigation

Previous Post: NMDC raises iron ore prices 
Next Post: Data | The risk of small States’ heavy reliance on the Union government

Related Posts

  • Access Denied Business
  • Access Denied Business
  • BJP MPs seek clarity on tax regime, cut in MGNREGS allocation
    BJP MPs seek clarity on tax regime, cut in MGNREGS allocation Business
  • Access Denied Business
  • Under Google, NCPCR pressure, IPO-bound Ullu drops adult content
    Under Google, NCPCR pressure, IPO-bound Ullu drops adult content Business
  • Markets decline in early trade amid U.S. tariff related concerns, foreign fund outflows
    Markets decline in early trade amid U.S. tariff related concerns, foreign fund outflows Business

More Related Articles

‘Warner Bros Discovery to lay off 10% of film group’ ‘Warner Bros Discovery to lay off 10% of film group’ Business
Rupee plummets to all-time low of 84.76 against U.S. dollar Rupee plummets to all-time low of 84.76 against U.S. dollar Business
Union Budget gives a leg-up to MSMEs, manufacturing sector Union Budget gives a leg-up to MSMEs, manufacturing sector Business
Markets bounce back in early trade after three days of fall Markets bounce back in early trade after three days of fall Business
Coal stocks at thermal plants hold above 18 MT as supply deficit narrows Coal stocks at thermal plants hold above 18 MT as supply deficit narrows Business
Insurance benefits to stay for EPFO subscribers Insurance benefits to stay for EPFO subscribers Business
SiteLock

Archives

  • October 2026
  • September 2026
  • August 2026
  • July 2026
  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Business
  • Nation
  • Science
  • Sports
  • World

Recent Posts

  • Krishniah Chetty Jewellery exhibition in Hubballi till October 19
  • Wife of A.P. Speaker files nomination for Narsipatnam Chairperson post
  • Vice-President Vance faces tough questions on Iran war, immigration and more in CBS town hall
  • Indian Bank net profit rises 14.7% to ₹3,462 crore in Q2
  • Chorbagan pandal stampede: Mismanagement, confusing announcements led to mishap, say Kolkata Police

Recent Comments

  1. RobertGat on UP Teacher Who Asked Students To Slap Muslim Classmate
  2. RobertGat on UP Teacher Who Asked Students To Slap Muslim Classmate
  3. RobertGat on UP Teacher Who Asked Students To Slap Muslim Classmate
  4. RobertGat on UP Teacher Who Asked Students To Slap Muslim Classmate
  5. Davidbrurf on UP Teacher Who Asked Students To Slap Muslim Classmate
  • Access Denied Sports
  • Feels good to contribute at a crucial time: Deepti
    Feels good to contribute at a crucial time: Deepti Sports
  • PCB Breaks Silence On Reports Of Gillespie Getting Sacked As Pak Test Coach
    PCB Breaks Silence On Reports Of Gillespie Getting Sacked As Pak Test Coach Sports
  • Student Arrested In NEET Case Was Prepping In Kota, Was Told It is Sorted
    Student Arrested In NEET Case Was Prepping In Kota, Was Told It is Sorted Nation
  • Mumbai, Delhi See Strong Growth In Prime Property Prices Globally: Report
    Mumbai, Delhi See Strong Growth In Prime Property Prices Globally: Report Nation
  • Russian attack on Ukraine’s Odesa region sparks fires at port
    Russian attack on Ukraine’s Odesa region sparks fires at port World
  • Access Denied World
  • Couple Tied To Pole, Thrashed By Mob In Bihar
    Couple Tied To Pole, Thrashed By Mob In Bihar Nation

Editor-in-Chief:
Mohammad Ariff,
MSW, MAJMC, BSW, DTL, CTS, CNM, CCR, CAL, RSL, ASOC.
editor@artifex.news

Associate Editors:
1. Zenellis R. Tuba,
zenelis@artifex.news
2. Haris Daniyel
daniyel@artifex.news

Photograher:
Rohan Das
rohan@artifex.news

Associate Journalists
1. Subrata Paul - AN/2020/01
2. Quamruz Zaman - AN/2021/22
3. Ahmed Sha - AN/2021/035
4. Ajay Kumar Shaw - AN/2021/39
5. Tahqiqul Hoda - AN/2021/21

Artifex.News offers Online Paid Internships to college students from India and Abroad. Interns will get a PRESS CARD and other online offers.
Send your CV (Subjectline: Paid Internship) to internship@artifex.news

Links:
Associate Journalism
About Us
Privacy Policy

News Links:
Breaking News
World
Nation
Sports
Business
Entertainment
Lifestyle

Registered Office:
72/A, Elliot Road, Kolkata - 700016
Tel: 033-22277777, 033-22172217
Email: office@artifex.news

Editorial Office / News Desk:
No. 13, Mezzanine Floor, Esplanade Metro Rail Station,
12 J. L. Nehru Road, Kolkata - 700069.
(Entry from Gate No. 5)
Tel: 033-46011099, 033-46046046
Email: editor@artifex.news

Copyright © 2023 Artifex.News Newsportal designed by Artifex Infotech.