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India, with other countries of the world is passing through the unprecedented crisis created by the Corona Virus Disease (COVID) 19 pandemic. All economic activities have been severely affected due to the pandemic. Farm
sector is the only silver lining in the midst of this crisis. The Reserve Bank of India in its monetary policy announcement acknowledged this, citing the agriculture sector as the ‘beacon of hope’. Thanks to exceedingly
good rainfall during pre-monsoon and first half of Southwest monsoon, abundant water storage in the reservoirs, pro-active support by the government to the farm sector boosted higher planting of crops.