Drought spoils farm sector's dream run
The agriculture sector witnessed record foodgrains output of 257.44 million tonnes in this year enabling the country to become world's largest rice exporter for the first time, but the monsoon played spoilsport dashing farmers' hopes of an encore in 2013.
A hefty increase of Rs 1 lakh crore in farm credit target to Rs 5.75 lakh crore was a major highlight for the sector in 2012, while the continuing farmers suicide and the reports of a Parliamentary panel and a Supreme Court appointed committee recommending ban on field trial in GM crops were setbacks.