FARMERS TO EARN MORE EVEN AFTER LOWER PRODUCTION, UNEVEN MONSOON THIS KHARIF SEASON

Indian farmers are expected to earn over 10% more in the Kharif season as the uneven rains have led to lower sowing. “Lower Kharif output is expected to push up mandi prices, and boost the profitability of most crops, providing respite to farmers,” according to CRISIL Research’s Agriculture Report 2019. Farmers are expected to get higher prices which is likely to increase the profit margins for them. Especially in Northern India, as the farmers are less dependent on rainfall and have more favourable crop mix, coupled with better farm mechanisation, they will have better profits, Hetal Gandhi, Director, CRISIL Research said. 

https://www.financialexpress.com/economy/farmers-to-earn-more-even-after-lower-production-uneven-monsoon-this-kharif-season/1693756/

 

 

 

 

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