New Delhi, Dec 26 (IANS) Rating agency ICRA on Friday raised its growth forecast for India’s tractor industry, citing strong demand, supportive policies and favourable farm conditions. The agency now expects tractor wholesale volumes to grow by 15–17 per cent in the financial year 2025–26 (FY2026), sharply higher than its earlier estimate of 8–10 per cent.This also marks a clear improvement from the 7 per cent growth recorded in FY2025, it said.The upward revision comes after a strong pe…
Latest Ministry of Agriculture and Farmers Welfare News & Updates
New Delhi, Dec 22 (IANS) The total area sown under rabi crops in the ongoing winter season has increased by 8.11 lakh hectares to 580.70 lakh hectares as on December 19 this year, compared with the corresponding figure of 572.59 lakh hectares in the same period last year, data released by the Ministry of Agriculture and Farmers Welfare on Monday showed. The increase in sown area is expected to lead to higher production, which in turn would increase the incomes of farmers and also help to keep fo…