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Government eyes record 285.2 million tonne foodgrain output in 2018-19
Finance Minister Arun Jaitley Tuesday made a case for blending subsidy with investment to augment farm sector growth and make it The government has set a target of record 285.2 million tonne (MT) foodgrain production in the 2018-19 crop year despite deficit rains so far this monsoon. India harvested a record 284.83 MT of foodgrain in the 2017-18 crop year (July-June). The target for 2018-19 crop year was set at a conference called today for preparing strategies for Rabi (winter-sown) crop.

South India tea production may be down by 25 million kg this year
Torrential rain in Kerala in July-August may pull down the total tea production in South India by 25 million kg during the year, which is expected to reflect on the overall tea production in the country. Two major tea producers Harrisons Malayalam Ltd. (HML) and Kanan Devan Hill Plantations Company (KDHP) with estates in Idukki and Wayanad districts in Kerala have reported massive losses from the incessant rains.