-The Indian Express It's likely that India's crop production this year will be lower compared to 2013-14, given deficient rains both in the southwest (June-September) and northeast (October-December) monsoons impacting kharif as well as rabi plantings. But that by itself needn't be cause for concern. We have seen one-off farm output declines even in 2009-10, 2004-05 and 2002-03, which were also drought years. What should worry us more, instead, is the...
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Karnataka cries foul over Centre’s ‘reduced’ role in PDS -Bageshree S
-The Hindu Minister writes to counterparts to galvanise support In an effort to galvanise States against the "unilateral and anti-people" stance of the Centre to the public distribution system, Minister of State for Food and Civil Supplies Dinesh Gundu Rao is writing to his counterparts across the country on the "reduced" role of the government in providing minimum support price to farmers in Foodgrain procurement and the cut in kerosene quota to...
More »‘Rising PDS theft reached Rs 48,000 cr in FY12’ -Sunil Jain
-The Indian Express Thefts from the public distribution system (PDS) are consistently rising and, according to the latest data for FY12, were a little over Rs 48,000 crore - or roughly the same as the median loss estimated by the CAG for the telecom scam of 2008. Just that unlike the 2G scam, the PDS theft happens every year. And its value rises as the costs of wheat and rice go up...
More »Farm sector ploughs thru a tumultuous year -Vishwanath Kulkarni
-The Hindu Business Line Bearish price trends in the global market, poor rainfall took toll on farmers in 2014 Farmers in the country were hit by a double whammy in 2014. Even as poor monsoon affected kharif output, lower commodity prices, largely influenced by a bearish trend in the global market, aggravated the agrarian crisis this year. In addition, the uncertainty over the vagaries of nature, largely through frequent unseasonal rains, compounded...
More »Rabi acreage around 5% less than last year as sowing nears end -Sanjeeb Mukherjee
-Business Standard Total area might remain 1-1.5 million hectares less than 2013, impacting production and prices As sowing of rabi crops enters its last leg, the overall area covered, as of Friday, was five per cent less than last year at 53.02 million hectares. This means the total this year might be 1-1.5 million hectares less than in 2013. This could have a negative impact on overall gross domestic product growth in...
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