Mumbai, Aug. 8 -- According to the Union Ministry of Agriculture, as of August 1, Kharif crops had been sown on a total of 932.93 lakh hectares, compared to 887.97 lakh hectares during the same period last year-marking a rise of nearly 5%. However, the total area under oilseeds has declined from 178.14 lakh hectares last year to 171.03 lakh hectares this year-a drop of nearly 4%. This is primarily due to a sharp drop in groundnut sowing. Groundnut acreage is down by 4.33%, sunflower by 11.97%, and soybean by 3.98%.
Published by HT Digital Content Services with permission from Capital Market....