Page 10 - Agri Business & Food Industry (ABFI)
P. 10

Editorial....



                                                  here is good news for farmers and the country’s economy from India Meteorological
                                               TDepartment  (IMD)  on  the  weather  front.  The  department  has  forecast  ‘normal’
                                               South West monsoon – for the third year in a row – that will boost Kharif sowing which
                                               starts in June.  According to IMD’s Director-General KJ Ramesh, there is ‘very less
                                               probability ‘ of having deficient rains in the four-month period of June to September.
                                               This is equally welcome news to the Narendra Modi government, which is preparing
                                               to seek a fresh electoral mandate next year.
                                                  Good monsoon is crucial for particularly rain-fed areas having no assured irrigation
                                               facilities that constitute 52 per cent of the country’s farmland. It helps to retain soil
                                               moisture in a sustainable manner, says Ashok Dalwai, CEO, National Rainfed Area
                                               Authority.
                                                  As per the current prediction of the department, the combined probability of getting
         Chief editor                          ‘normal’ and ‘above normal’ rains – that is, between 96 per cent and 104 per cent of the
         S. Jafar Naqvi                        Long Period Average (LPA) -- is 54 per cent. As a Crisil Research statement puts it: A
         Consulting editor                     normal monsoon is crucial to push economic growth, which slowed last year under the
         T.V. Satyanarayanan                   lingering impact of demonetization and disruptions due to implementation of Goods
                                               and Services Tax (GST), both of which impacted private consumption demand as well
         Chief Co-ordinator
         M.B. Naqvi                            as exports.
                                                  The Met department has used a statistical model for arriving at its 97 per cent
         editorial Co-ordinator                rainfall estimate, which has an inbuilt error margin of 5 per cent.
         Syed M K
                                                   The South West monsoon normally starts its journey in the Indian peninsula from
         layout & design                       the Kerala coast on June 1, but this time, according to an eminent researcher and former
         Faiyaz Ahmad
         Mohd. Iqbal                           Director of IMD, it may hit the coast a week earlier.
                                                  Before  IMD  came  out  with  its  forecast,  private  forecaster  Skymet  had  made  a
         Head Office                           prediction about monsoon rainfall. It estimated the chances of a normal monsoon at
         new delhi: : +91-11-29535848 /        55 per cent. Weather Risk Management Services (WRMS) had said in March that the
         29535593 / 29535872                   2018 monsoon would end up largely on the ‘positive’ side of normal –that is, normal
         abfienquiry@gmail.com
                                               to above normal.
         Other Business Offices                   According  to  Skymet,  the  months  of  July  and  August,  which  normally  receive
         Mumbai: 9702903993                    maximum rains, may see this time comparatively lesser rainfall. August, comparatively,
         mtpl.mumbai@gmail.com                 could be a shade poorer than July.
                                                  There would be greater clarity on weather predictions when IMD comes out with
         Pune: 9881137397
         mtpl.pune@gmail.com                   a second stage monsoon forecast after a few weeks.
                                                  While IMD has been giving long range monsoon forecasts every year, it also wants
         Chennai: 9941130277                   to officially launch medium range forecasts covering about three weeks during the
         mediatodaychennai@gmail.com
                                               crop season to help the farmers plan and manage their crops better.
         Admn. & Marketing Office                 Now  that  Initial  weather  predictions  are  over,  farmers  will  be  hoping  that  the
         MediA todAy pVt. ltd.                 government would announce the minimum support prices (MSP) for Kharif crops,
         J-73, paryavaran Complex, neb sarai,
         ignou road, new delhi - 110068 (india)  well before the sowing starts. Government has already promised that the MSP would
         phone : 91-11-29535848 /              be 1.5 times the production cost. Government think-tank NITI Ayog’s draft policy in
         29535593 / 29535872                   this regard is being finalized in consultation with states.
         E-mail: abfienquiry@gmail.com
         Web.: www.abfionline.com                 While formulating the Kharif strategy this year, there are hopes that millets would
         www.mediatoday.in                     get  greater  attention  as  2018  has  been  officially  declared  as  the  “National  Year  of
         Subscription                          Millets.” The government has also renamed some millets having high nutrition value as
         india : 1 year rs. 1000/-  by normal post  “Nutri cereals”—a higher status than the hitherto nomenclature of “coarse cereals.”
                    rs. 1300/- by Courier         Experts have urged the Centre to launch a National Millets Mission and to declare
                    2 years rs. 1850/-  by normal post
                    rs. 2450/- by Courier      MSP for the ‘nutri cereals’ and facilitate their organized procurement, thereby enabling
          overseas :  us$ 120 for 1 year / us$ 230 for 2 years   the millet farmers to get remunerative prices.
         single Copy  in india : rs. 100/-
         single Copy Cost for overseas : us$10      Agriculture  Ministry  views  millets,  which  are  climate-resilient  crops,  as  a
                   (Add 5% GST)                “powerhouse of nutrition’.It is against this backdrop that the Centre has announced its
                                               decision to distribute millets like Jowar and Bajra through public distribution system
         printed, published and owned by       and thus improve the nutrition security of poorer sections of the population.
         syed Mohammad Baqar naqvi,
         printed at sonu printer, B-180, okhla industrial Area
         ph-i, new delhi - 110 020 and
         published from A-44, 1  Floor, Freedom Fighter   Comments are welcome at: editorialmtpl@gmail.com
                      st
         enclave, neb sarai, new delhi - 110 068 (indiA)  Views expressed by individuals and contributors in the magazine are their own and do not necessarily represent
                                               the views of  “AgriBusiness & Food industry” editorial board.  AgriBusiness & Food industry does not accept any
         Editor : S. Jafar Naqvi               responsibility of any direct, indirect or consequential damage caused to any party due to views expressed by
                                               any one or more persons in the trade. All disputes are to be referred to delhi Jurisdiction only.       .....editor
         Vol 15....... issue 4 ...... May, 2018
        10     May 2018     AgriBusiness & Food  i ndustr yAgriBusiness & Food  i ndustr y
        10
               April 2018
   5   6   7   8   9   10   11   12   13   14   15