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Major crop output to fall by 0.5 per cent in 2012-13

Even though the overall agriculture sector is expected to do well in 2012-13, major crop production is projected to fall by 0.5 per cent,  the Centre for Monitoring Indian Economy (CMIE)  has estimated. This is due to fall out in production of non-food crops like soyabean, cotton and rapeseed.

Cotton production is expected to fall by 7.8 per cent to 32.2 million bales in 2012-13 even though the acreage rose by over 12 per cent to 29.3 lakh hectares by June.  A projected growth in output of livestock, forestry and fisheries, along with a modest 4 per cent rise in production of minor crops, is expected to lift growth of the agriculture sector to 2.4 per cent in 2012-13, the city-based research agency said. Kharif cultivation of foodgrains and oilseeds has been sluggish due to delayed rains. In order to boost cultivation of these crops, the Centre had announced a steep increase in their minimum support price (MSP) last month.

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