-The Economic Times NEW DELHI: Agriculture output is poised to accelerate and power deficits will narrow as the monsoon has begun bountifully in its first month, irrigating fields and filling up reservoirs with the heaviest June rainfall in more than a decade. Rainfall has been 32% above normal in June, injecting moisture into fields and preparing them for early sowing of kharif crops and reducing the farmer's need for electricity or diesel...
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Early sowing raises hope; all eyes on July rain-Sanjeeb Mukherjee
-The Business Standard Experts say too early to estimate final output The sowing of kharif crops is on at breakneck speed in most parts, but analysts say much of the final output will depend on the weather in the next month. The current weak monsoon phase in most of the northern parts of the country is adding to the worry. Experts believe if the rains go for a prolonged break in...
More »Muted MSP hike positive for food inflation: Nomura
-PTI MUMBAI: The recent five per cent hike in the MSP against 15 per cent average hike in support price for farm produce in the last six years is likely to have only a nominal impact on food inflation Japanese brokerage firm Nomura said in its research report. Government last week raised the MSP of nine farm items, including some pulses and oilseeds, in the range of Rs 60-450 per quintal for...
More »Support price of paddy hiked by Rs 60 to Rs 1,310 per quintal
-PTI NEW DELHI: Amid expectations of normal rain, the government today approved a hike of Rs 60 in paddy support price (MSP) to Rs 1,310 per quintal in order to encourage farmers to grow more in the ongoing kharif season. The government also increased the minimum support price (MSP) of pulses and oilseeds by up to Rs 450 and Rs 320 per quintal, to boost ouput and reduce import dependence. "The Cabinet Committee...
More »Government set to keep political parties out of RTI -Nagendar Sharma
-The Hindustan Times Political parties have come together to shut the door on sharing information with citizens and the government, buoyed by the near-consensus among the political class, is planning changes to the Right to Information Act. It may take the amendment route or even promulgate an ordinance to keep political parties out of the ambit of the information act. The amendments to the act will overturn the June 3 order of the...
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