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India is also estimated to produce 21.5 million tonnes of oilseeds, 434.8 million tonnes of sugarcane, 31.7 million bales of cotton (of 170 kg each) and 22.5 million tonnes of maize for the year 2023-24 | Latest News India ....
India s macroeconomic outlook for the 2023-24 financial year is strong, supported by robust domestic fundamentals, according to the finance ministry. The report highlights two additional drivers of growth: increasing investment demand and a rise in industrial activity. Industrial growth in India reached a 14-month high in August, and the International Monetary Fund recently raised its growth forecast for India for FY24. ....
The deficit rainfall in Karnataka has caused crop losses in 42 lakh hectares, worth about Rs 30,433 crore, during the six-month kharif season. The drought has affected agricultural and horticultural crops, leading to a 28% rainfall deficit and the third lowest rainfall in the state since 1973. This has resulted in farmers being unable to sow major crops and has posed a challenge in meeting drinking water needs. ....