Constrained supplies of milk and wheat, coupled with a volatile international crude oil market with OPEC+ countries deciding to cut crude oil production from May 2023 are factors that may, going forward, influence the inflation trajectory in India, Ministry of Finance's Monthly Economic Review report put out on Tuesday noted.
By denying the full MSP or full compensation, these governments have forced the farmers to block rail traffic who are already being crushed under the burden of debts," he added.
Untimely rains after mid-March have done to wheat this time what the heat wave during last March did to the 2021-22 crop. But extent of yield loss does not look as much for now.
PAU vice-chancellor Dr Satbir Singh Gosal concluded that the crops sown with surface seeding-cum-mulching technology had not lodged anywhere, saved one irrigation, and reduced herbicidal spray application due to thick mulch.