-The Hindu Business Line Both the Centre and States need to be prepared for the possibility in peninsular India The bad news is that the met department’s pessimistic monsoon forecast — of it being 7 per cent less than the long-period average (LPA) — is turning out to be right. The monsoon started off with much promise in June, finishing the month with a 16 per cent surplus and kharif sowing doing...
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Onion prices threaten to cross Rs 100 a kg in Delhi as stockists make a killing -Dipak K Dash
-The Times of India NEW DELHI: Traders and stockists seem to be making a killing as onion prices have soared across the country in the past 2-3 weeks. The staple kitchen item was selling at around Rs 80 per kg in the market in Delhi, as a substantial jump in prices was reported from Delhi's wholesale mandis. Prices of pulses have also gone up considerably in the past three weeks. Now there...
More »From farmer to businessman -Trilochan Sastry
-The Hindu The fact that food companies prosper but farmers commit suicide shows that profits are in the market, not the farm. It is time to replicate the Amul story many times over In the ongoing debates on the new land acquisition bill, the potential of agribusiness to address agrarian distress has not been explored. There are several domestic agriculture companies, both listed and private, that are doing extremely well amidst an...
More »Inflation is down? Really? -Rajalakshmi Nirmal
-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...
More »Monsoon deficient by 9% so far, uneven spread a worry -Zia Haq
-Hindustan Times India’s June-September monsoon has been deficient so far and quite uneven in its spread, with the rain-bearing system entering a phase that will largely determine whether the country can escape a drought for the first time in six years. Overall, rains have been 9% lower than normal, with sharper deficits in some areas. Rainfall during August-September, the remaining two months of the rainy season, would be poor at 84%, the...
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