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Govt Shields Farmers from Global Fertilizer Price Hikes
29 Sep
Summary
- India aims for 373.93 MT foodgrain production in 2026-27.
- Centre assures adequate fertilizers, seeds, and funds for Rabi season.
- Special teams will assess crop damage in Karnataka and Maharashtra.
India has set a foodgrain production target of 373.93 million tonnes for the 2026-27 agricultural season, with a specific Rabi target of 177.72 million tonnes. This planning considers reservoir levels, groundwater, soil moisture, and weather forecasts. Farmers in water-stressed regions are encouraged to shift to less water-intensive crops like pulses and oilseeds.
The Centre has assured states of sufficient fertilizers, certified seeds, and financial resources for the 2026-27 Rabi season. Despite potential risks from uneven monsoon rainfall and El Niño, the government is monitoring fertilizer availability and ensuring timely supplies, absorbing international price hikes. Contingency plans are active since April to mitigate El Niño's impact.
Special teams will assess crop damage in Karnataka and Maharashtra following requests from the states. Relief will be provided through the State Disaster Response Fund and potentially the National Disaster Response Fund. The government is also facilitating direct procurement of pulses and oilseeds when market prices fall below the Minimum Support Price.
