-The Times of India NAGPUR (Maharashtra): Though untimely, delayed, erratic, insufficient or excess rains have been ruining crops in the region for the last few years, farmers claim this year will see the worst crop failures in recent times. All three major Vidarbha crops, cotton, soyabean and orange, have suffered huge losses due to the truant rains. Generally, at least one crop survives nature's vagaries so farmers get some income. But this...
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Only 12% deficit in monsoon rainfall: Why is the picture of rural economy still uncertain? -Jayashree Bhosale & Avinash Celestine
-The Economic Times Dinkar Patil, a farmer from Buldhana district in Vidarbha, Maharashtra, normally cultivates cotton on his 13-acre farm land. This year, however, he has skipped the cotton crop and opted for soyabean and tur dal. "The rainfall started late. I did not cultivate cotton because of the delayed rains and the huge increase in cost of cultivation of the crop," said Patil. He is expecting a fall of about...
More »Monsoon withdrawal delayed; paddy arrivals yet to begin in Punjab -Madhvi Sally
-The Economic Times NEW DELHI: The monsoon that set in on India late this year is making a delayed retreat as well. Rains towards the fag end of the season are good for standing crops and will hold soil moisture for winter crops, but may hurt crops which are ready for harvest, particularly paddy and cotton in some areas. According to the government's meteorology department officials, there are no signs of...
More »Getting India’s agri support maths wrong -Tejinder Narang
-The Financial Express The USDA projection of 29% of agri GDP is faulty as it counts rural development expenditure also, it is only 13% In a report titled "India's Agricultural Exports Climbs To Record High" (click here to access), the US Department of Agriculture (USDA) speaks of a steep ascent in Indian agro exports-from $5 billion in 2003 to $39 billion in 2013. This may be flattering, but the facts and figures...
More »Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar
-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
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