-The Times of India NEW DELHI: Prices of globally traded food declined for the third consecutive quarter since their historical peak in August, 2012, a World Bank report has said but cautioned that uncertain weather conditions and domestic policy decisions such as extension food subsidy programmes in India and other countries need a close watch. Prices of all the three main food categories declined between February and June, 2013. Prices of grains...
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The flip side of agricultural growth in Madhya Pradesh -Sachin Kumar Jain
-Down to Earth Agricultural growth rate figures in the state appear to be unrealistic if one considers farm suicides and increase in number of landless farm labourers I am in a dilemma over the veracity of the data available on the state of agriculture in Madhya Pradesh. Perhaps, the reader could help me in this effort. Chances are he or she could be as befuddled as I am on the matter. In...
More »Direct benefit transfer for LPG a big success, says Moily-Sujay Mehdudia
-The Hindu The scheme has crossed 2.28 million transactions, benefiting 1.25 million LPG households, says Petroleum and Natural Gas Minister Veerappa Moily The ambitious direct benefit transfer (DBT) scheme for domestic LPG cylinder, launched in 18 districts of the country on June 1, has crossed 2.28 million transactions. Indications are that the scheme will be rolled out throughout the country by the year-end. Terming it a big success, Petroleum and Natural Gas Minister...
More »Oil subsidy expected to balloon-Shine Jacob
-The Business Standard Under-recovery estimated to touch Rs 1.5 lakh cr in FY14 due to rising crude Oil Prices & falling rupee The fall in the rupee to a new low this week has made the government jittery, as the under-recovery on petroleum products is threatening to touch Rs 150,000 crore in 2013-14, despite phased diesel decontrol and capping of subsidised cooking gas cylinders. According to the petroleum ministry's estimates, for every rupee...
More »Record production of foodgrains likely in Kharif season: Sharad Pawar
-PTI NEW DELHI: India is likely to achieve record production of foodgrains and other crops in Kharif season of 2013-14 because of good monsoon that has led to the doubling of sowing area, Agriculture Minister Sharad Pawar said today. "All kharif crops put together, acreage has reached 401.69 lakh hectares as on July 5, as against 215.6 lakh hectares in the same period last year. This is a very very good picture....
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