-Live Mint After a record harvest of 90.23 mt this year, the govt’s wheat stocks were at 38.2 mt as of 1 May Worry lines run deep on the faces of wheat farmers in Sehrala in Haryana as falling prices, higher input costs and poor infrastructure erode earnings and cast doubt over not just their next crop, but their future in agriculture as well. Agents in the grain market of Ballabgarh said spot...
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Priority on digging wells bears fruit in Lohardaga-Uttam Mukherjee
The district administration's plan of giving priorities to digging of wells under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has started bearing Fruits. The scheme has brought smiles to hundreds of farmers across the district. Official records show that the farmers have doubled their income by growing crops in about 7,200 acres in all seasons. Many farmers like Mahli Oraon at Rampur village of Sadar block shared their success...
More »Met predicts El Nino trouble for monsoon-Sanjeeb Mukherjee
The dreaded El Niño weather phenomenon is set to appear during the second half of the southwest monsoon, which may cause less-than-expected rains in August and September. El Niño had earlier hit the Indian monsoon in 2009, when the country faced a severe drought. This time, its impact is not clear as of now, but if there are excessive breaks in the monsoon, crops of paddy, oilseeds and pulses could...
More »Food prices double in UPA’s term-Sidhartha
If inflation has broken the back of the aam aadmi, the biggest contributor to the pain in the UPA's term is food prices. Government data on wholesale price index (WPI) shows that there has been a 63% increase in the price of all commodities between April 2004, a month before UPA took charge, and April 2012, the latest period for which data is available. But when it comes to food products,...
More »Vegetable prices surge 61%, fuel 7.2% inflation in April
-The Economic Times Soaring vegetable prices pushed inflation higher in April, while fuel and manufactured product prices sustained their pressure posing a fresh policy challenge and announcing the return of price pressures in Asia's third-largest economy. Data released by the commerce & industry ministry on Monday showed the annual rate of inflation, based on monthly wholesale price index, stood at 7.23% for April, 2012, compared to 6.89% for the previous month and...
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