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India headed for climatic drought 2nd year on the trot -Sanjeeb Mukherjee

-Business Standard CRISIL Ratings identifies four states and five crops at highest risk to deficient monsoon Within the next 40 days, the southwest monsoon will formally start retracting from the Indian mainland, ending its four-month journey over the country, pounding some parts with excess showers, but could leave almost 30 per cent of the country with deficient or less-than-normal rains, unless there is an abnormal pickup in the coming weeks. That looks highly...

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Water reservoir levels drop for first time this monsoon season

-The Financial Express Seasonal showers declined 6% from the long-period average up to August 6 For the first time since the current monsoon season started in June, the country’s water storage has dropped from both the level a year before and the normal benchmark average, thanks to a slowdown in monsoon rains since early July. Seasonal showers declined 6% from the long-period average (LPA) up to August 6, worsening from a deficit of...

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Many degrees of hopelessness in India's villages -Harsh Mander

-Hindustan Times The picture of rural Indian life today that emerges from what is probably the world's largest study ever of household deprivation is sobering and sombre. It describes a massive hinterland still imprisoned in persisting endemic impoverishment, want, illiteracy and indeed hopelessness. It tells a story that every thinking and caring Indian must heed. Advocates of free markets, opposed to building a welfare state, have long argued that accelerated market-led economic...

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Think tank report hints at diversion of cheap farm loans -Puja Mehra

-The Hindu Huge subsidy of 5 percentage points being leveraged. Pointing to a possible diversion of subsidised funds meant for farmers to non-agricultural uses, a research paper by the Indian Council for Research on International Economic Relations (ICRIER) has found that the crop loans extended in India are in fact close to exceeding the total expenditure on farm sector inputs. In 2012-13, the aggregate short-term credit — provided primarily to finance the purchase...

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Why we need to bust the myths about agriculture in India -Parsa Venkateshwar Rao Jr

-DNA India's agriculture sector is thriving and can provide livelihood to millions more. False pictures form the main plank of the political debate on India's agriculture. One is that of the Bharatiya Janata Party and the other of the Congress. The two big political parties in the country agree with each other in believing that farmers and the landless folk in the villages are at the end of the tether, and...

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