Reorient agriculture pricing policies, rain deficit a concern: Finance ministry

MUMBAI: Amid a prediction of below normal monsoon season, which has resulted in 22% decline in total area sown under kharif crop in June, finance ministry has called for the need to “reorient” agricultural pricing policies to incentivise the cultivation of climate-resilient crops and disincentivise water intensive ones, along with building water buffers. “The weak progress of the south west monsoon has weighed on kharif sowing, and the monsoon deficit is a concern.

Raccontata daeconomictimes.indiatimes.comthehindubusinessline.comscroll.intimesofindia.indiatimes.com