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Title: Uneven rains, lower cultivation to hit agriculture growth: Nomura
Date:14 September 2017

Growth in India’s foodgrain production and agriculture is likely to be much lower in 2017-18 compared to the year before due to lower plantings of rain-fed Kharif crops and an uneven south-west monsoon, Nomura Research said in a note on 12 September 2017. Summer crop plantings in 2017 are down 0.8% compared to the year before as farmers have cut down the area under pulses and oilseeds in response to lower prices, the note said. It added that sowing has also been impacted by an uneven distribution of monsoon with North-west and southern India receiving sub-par rains, and floods damaging standing crops in several states.

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