-Outlook Pulses are falling off the poor man’s plate. Price rise may hit the middle class next. Pulses—all-important as a source of protein—are set to be spoilers this year in the government’s endeavour to keep a check on food inflation. Already, over the last nine months, the prices of some pulses have jumped 64 per cent in major cities. This is because of below-normal monsoon last year, compounded by untimely rain and...

-The Hindu ‘Its geographical distribution is what matters’ Union Finance Minister Arun Jaitley said here on Thursday that concerns about the impact of a deficient monsoon on the economy were “misplaced” and “far-fetched”. He told presspersons that conclusions were being made in an exaggerated manner after the India Meteorological Department forecast on Tuesday that rainfall would be only 88 per cent of the long-term average. “The speculation and analyses we have seen in the...

-Hindustan Times Policy makers have no control over fickle weather whims and complex forecasts. Regardless of the eventual course and quality of summer rains brought on by drafts of breeze that stream 8,000 km from the southern Pacific, the early predictions did give an early heads up of what was likely in the next few months. Yet, every drought year, India’s response to deal with scanty summer rains has been knee-jerk, marked...

-Hindustan Times India’s June-September monsoon, the lifeblood of Asia’s third-largest economy, will most likely be “deficient” this year with the met department downgrading its forecast from 93% to 88%, earth sciences minister Harsh Vardhan said on Tuesday.   The India Meteorological Department’s (IMD) revision -- which had forecast “below normal” monsoon in April -- will potentially toughen challenges for the Narendra Modi government already battling a farm crisis triggered by unseasonal rains in...

-The Indian Express Poorly designed policies are largely to blame for farm distress Successive governments have transformed an unevenly prosperous rural society to one which is evenly distressed. Small and marginal farmers now feel worse off than the landless. Most suicides have taken place in the families of such farmers, especially those with no source of non-farm income. For the sense of desperation that now pervades rural India, all political parties are...