Kharif sowing 88% higher than last year; here’s why this season is faring better than last one

Among major kharif crops, rice, cotton, sugarcane, oilseed and pulses sowing was higher than last year.

Amid all the mayhem due to coronavirus pandemic, kharif crop sowing so far has beaten last year’s figures with the total acreage as of 3rd July 2020 being 88% higher than the comparable period last year. The favourable monsoons this year are largely behind the kharif sowing growth, a report said on Saturday. “As of July 3, the total kharif acreage was 88% higher than the same period last year. Sowing was late last year due to extremely weak start to monsoon,” a Kotak Institutional Equities report said. Among major kharif crops, rice sowing was 38% higher at 6.8 million hectares, oilseed acreage was 225% higher at 10.9 million hectares and pulses sowing was higher by 289% at 3.7 million hectares than last year. 

Other crops such as coarse cereal acreage was also 101% higher at 7.1 million hectares, sugarcane and cotton acreages were at 5.1 million hectares and 9.2 million hectares respectively. The figures for these crops last year stood at 5 million and 4.6 million hectares respectively.

While a majority of India’s population depends on agriculture, the sector is still dependent on monsoon rains which determine the success and failure of crop sowing season every year. Last year’s underwhelming monsoon was a major sore point for not just rural India but also other sectors such as automobile and FMCG which rely on rural income. 

However, this year has fared well on the monsoon front. Cumulative rainfall as of 1st July 2020 was 15.8% above long-term average. Spatial distribution of monsoon was also excess on a cumulative basis. However, over the last couple of weeks, rainfall has been weakening in southern India and parts of north and north-west India. Four out of the 36 sub-divisions across India have received deficient rainfall so far, 18 have received normal rainfall, and 14 have received excess rainfall.

Do you know What is Cash Reserve Ratio (CRR), Finance Bill, Fiscal Policy in India, Expenditure Budget, Customs Duty? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Don’t forget to try our free Income Tax Calculator tool.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.