Area under paddy planting falls 5.51% to 401.56 lakh hectare so far this kharif season: Agriculture Ministry

26 Sep 2022 Evaluate

The agriculture ministry has said that paddy planting continued to lag behind as sown area under this crop fell 5.51 per cent to 401.56 lakh hectare so far this kharif season of the 2022-23 crop year (July-June), as against 425 lakh hectares in the year-ago period. Paddy coverage has been affected due to deficit rainfall. Besides paddy, there is marginal lag in sowing of pulses, oilseeds and jute/mesta. Consequently, the total sown area under kharif crops declined 1.24 per cent to 1,097.57 lakh hectares so far this kharif season, as against 1,111.36 lakh hectares in the year-ago period. Sowing of kharif crops had begun with the onset of southwest monsoon from June. Harvesting of some kharif crops has started and will be in full swing from October.

The ministry said less coverage in paddy area was reported from Jharkhand (9.32 lakh ha), Madhya Pradesh (6.32 lakh ha), West Bengal (3.65 lakh ha), Uttar Pradesh (2.48 lakh ha) and Bihar (1.97 lakh ha). Paddy coverage remained less even in these states: Assam (0.95 lakh ha), Andhra Pradesh (0.75 lakh ha), Chhattisgarh (0.63 lakh ha), Tripura (0.27 lakh ha), Meghalaya (0.21 lakh ha), Odisha (0.21 lakh ha), Nagaland (0.21 lakh ha), Punjab (0.12 lakh ha), Goa (0.03 lakh ha), Mizoram (0.03 lakh ha), Sikkim (0.02 lakh ha) and Kerala (0.02 lakh ha).

The ministry in its first advance estimate has projected 6 per cent fall in kharif rice production at 104.99 million tonnes. Pulses sowing too was down marginally, the ministry said, as total coverage stood at 132.83 lakh hectares so far this kharif season when compared with 138.29 lakh hectares in the year-ago period. There was slight lag in area sown to arhar, urad, moong, kulthi and other pulses in the said period. Area sown to oilseeds was down at 191.75 lakh hectares so far this kharif season, as against 193.28 lakh hectares in the year-ago period, mainly due to lag in sowing of groundnut and some bit of soyabean.

However, area sown to coarse cereals remained higher at 181.43 lakh hectares so far this kharif season as against 174.05 lakh hectares in the year-ago period. Among cash crops, cotton acreage was up at 127.39 lakh hectares as against 118.56 lakh hectares, while that of jute/mesta was down marginally at 6.95 lakh hectares in the said period. Sugarcane area was slightly up at 55.66 lakh hectares so far this kharif season as against 55.22 lakh hectares in the year-ago period.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.