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Sowing of paddy picks up -Gargi Parsai

-The Hindu Sowing of kharif paddy has improved thanks to rain in some parts of the deficient areas, but it is still lower by 11.40 lakh hectares as compared to last year. If compared with last year’s sowing — a record foodgrains production year — at this time of the year, the area under paddy, pulses, coarse cereals, oilseeds and cotton is still lower. An inter-Ministerial group that reviewed the situation on Friday...

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Deficient monsoon to add to food, non-food inflation: CMIE

-PTI The monsoon rains, which have been deficient by about 21 per cent this season, are likely to spur prices of food and non-food articles, economic think tank CMIE has said. "We expect the South-West monsoon to remain deficient and the major crop production to decline by 2.3 per cent. This decline in output of major crops is expected to add to the already high inflation seen in food articles," the Centre...

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Waiting for rain-PK Joshi

-The Indian Express As drought pushes up food prices, India must invest in new irrigation methods The speculation on the delay of the monsoons and below-normal rainfall this year is not new to India. But the drought in the maize belt of the United States — that is, in the Midwest — was unexpected. The impact of the drought will be felt on wheat and soya bean production. This will eventually lead...

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Switch from farm subsidy to farm investment-Ashok Gulati

-The Economic Times With a weak monsoon, farmers and farm labour, agri-investors and policy makers, everyone is looking up in the sky and praying for more water to pour. Farm analysts are debating whether this will lead to a drop of 16 million tonnes of foodgrain, as it happened in 2009, or 38 million tonnes, as it did in 2002. NCAER is projecting 20 million tonnes drop in grain production in...

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Government rolls out package to deal with poor monsoon

-The Economic Times  The government has stopped short of declaring a drought but rolled out a relief package which includes subsidised diesel for irrigation, funds to ensure drinking water, seed subsidy for resowing crops and augmentation of fodder supply. "The number of rain-deficient districts this year is more than in 2009," said agriculture minister Sharad Pawar after chairing a meeting of the Empowered Group of Ministers (EGoM) on drought. The meteorological department...

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