• Agricultural activities, being under essential commodities, were least impacted by the nationwide lockdown. Also, until date, the spread of COVID-19 has been limited in rural areas, thus not impacting the labour force and the overall production levels
  • Strong rural income owing to solid Rabi crop harvest
  • Government initiatives in the form of a hike in minimum support price (MSP) for kharif crops and increased budgetary allocation under MGNRES are supporting rural income.
  • In the period between June 1 to September 30, the country recorded above normal rainfall of 109 per cent of its long period average (LPA). This is higher than the Indian Meteorological Department (IMD) prediction of 102 per cent for 2020.
  • The adequate pre-monsoon rainfall followed by the timely arrival of the monsoon in most part of the country and above-average rainfall have led to an year-on-year increase in the total kharif acreage.
  • The central government has taken several initiatives to improve farm income including amending Essential Commodities Act, deregulation of mandis, allowing inter-state trade and increasing MSP for kharif crops.
  • Various state governments have also provided loan waivers to farmers, subsidised loans and moratorium, as well as incentives to the farmers to opt for farm mechanisation to boost rural income.

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Source: IND-Ra


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