Just a moment...
Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Step 1 – Issue Identification & Review
The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.
• Review the issues identified by the AI
• Add, edit, remove, or refine issues as required
Step 2 – Draft Generation
Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.
• Relevant statutory provisions
• Judicial precedents and Supreme Court, High Court and other citations
• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review. 
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Groundnut production increases by a massive 105.8% in 2013-14, shows a remarkable increase of 75.9% in productivity
Agriculture and allied sectors contribute 18% to GDP and grow by 3.7% in 2013-14
Economic Survey 2014-15 emphasizes the need to improve productivity in the agricultural sector to ensure food security
The Economic Survey 2014-15 states that as per the 2nd Advance Estimates, total Foodgrains production in the country is estimated at 257.07 million tonnes during 2014-15. This is the fourth highest quantity of annual Foodgrains production in the country. Despite deficiency of 12 % in the monsoon rainfall during the year, the loss in production has been restricted to just around 3 % over the previous year and has exceeded the average production during the last five years by 8.15 million tonnes.
As compared to last year’s production of 265.57 million tonnes, current year’s production of Foodgrains is lower by 8.5 million tonnes. This decline has occurred on account of lower production of rice, coarse cereals and pulses due to erratic rainfall conditions during the monsoon season of 2014.
According to the new series of national income released by the CSO, at 2011-12 prices, the share of agriculture and allied sectors in total GDP is 18% in 2013-14 which is the same as that of 2012-13 i.e., 18%. As against a growth target of 4% for agriculture and allied sectors in the Twelfth Plan, the growth registered in the first year in 2012-13 (at 2011-12 prices) was 1.2%, 3.7% in 2013-14 and 1.1% in 2014-15.
As per the fourth Advance Estimates for 2013-14, the production of rice is expected to be 106.5 million tonnes, showing an increase of 1.3% over the previous year. The Production of wheat is likely to be 95.9 million tonnes with an increase of 2.6% over the previous year. Similarly, pulses with a production of 19.3 million tonnes show an increase of 5.3%. The oilseeds production of 32.9 million tonnes shows an increase of 6.4%. Within oilseeds, the groundnut production of 9.7 million tonnes show a commendable increase of 105.8% over the previous year.
As per the fourth Advance Estimates for 2013-14, the overall productivity of Foodgrains has gone down by 1.3% over the previous year. Rice productivity has shown a decline of 1.5% and wheat of 1.3% in the same year. The yield of groundnut increased by a remarkable 75.9%, that of Tur increased by 9.2% and cotton by 9.4% in 2013-14 over the previous year.
Among the states, for the year 2013-14, Punjab has shown the highest productivity of rice (3952 kg/ha), wheat (5017 kg/ha) and cotton. Gujarat has shown the maximum productivity of groundnut (2668 kg/ha) and West Bengal of Sugarcane (114273 kg/ha).
The Economic Survey 2014-15 states that to improve resilience of the agricultural sector and bolster food security--including availability and affordable access, the strategy for agriculture has to focus on improving yield and productivity.
Foodgrains production estimated at 257.07 million tonnes; survey urges focusing on yield and productivity to secure food supply. Foodgrains production for 2014-15 is estimated at 257.07 million tonnes, exceeding the five-year average by 8.15 million tonnes but falling 8.5 million tonnes short of the previous year due to reduced output of rice, coarse cereals and pulses amid erratic monsoon rainfall. Overall productivity of foodgrains declined marginally while several crops, notably groundnut, tur and cotton, recorded sharp yield increases. The Economic Survey stresses that improving yield and productivity is the primary strategy to bolster agricultural resilience and secure availability and affordable access to food.Press 'Enter' after typing page number.