1. Dismissing any concern over the earlier onset of the monsoon, the India Meteorological Department (IMD) on Tuesday said there will be more rainfall during the June-September season than predicted earlier in April. The rainfall will be evenly distributed all across the country.

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2. Continuing the same level of increase for the second consecutive year in the third term, the Indian government has increased the minimum support prices (MSPs) of kharif crops for the 2025-26 season beginning July to between 1 per cent and 13.9 per cent.

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3. The Indian government on Wednesday said the country achieved a record foodgrains production of 353.96 million tonnes (mt) in the current crop year to June 30. The record production included an all-time high output of 149.07 mt in rice, 117.51 mt in wheat and 42.28 mt in maize.

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4. The storage in India’s 161 major reservoirs increased for the first time after 28 weeks, with the early onset of monsoon and depression over the Arabian Sea playing a crucial role.

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5. In what could be a boost to the agri-input segment, the Government registered 34 biostimulants this week, increasing the total to over 45. This could spur manufacturing and exports of these formulations. In May 2024, India had registered 11 biostimulants.

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Published on June 1, 2025

This article first appeared on The Hindu Business Line

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