-Livemint.com Pigeon Pea variant Pusa Arhar 16 could prove a game changer for Inflation-wary policymakers as it has a maturity time of 120 days down from 160-270 days of current varieties New Delhi: Anew high-yielding pulse developed by government scientists at a leading research institute could prove a game changer for Inflation-wary policymakers and consumers alike. Pusa Arhar 16, a dwarf pigeon pea created by scientists at the Indian Agricultural Research Institute (IARI),...
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India is finally trying to clear the air around its controversial GDP numbers -Madhura Karnik
-Scroll.in / qz.com The government has set up five committees to review data to calculate major indicators such as the GDP, IIP and Inflation. More than 19 months after the statistical tumult began over India’s GDP, the Narendra Modi government is finally trying to fix the mess. India’s GDP numbers have been receiving flak since a new calculation was introduced in January 2015. Overnight, India’s GDP growth accelerated from 4.7% to 6.9%. It...
More »Missing stock is harming our food security
-Livemint.com Spoilage and pilferage are not something the country can afford given its low ranking in the hunger index The Reserve Bank of India (RBI) recently approved a proposal to restructure around Rs30,000 crore of food credit given to Punjab state agencies, allowing for the conversion of cash credit into a 20-year loan at a lower interest rate. The central bank also sanctioned a cash credit limit of Rs26,000 crore for this...
More »Rural Inflation surges ahead of urban price rise -Surabhi
-The Hindu Business Line Retail Inflation worrisome on regional variations and transportation challenges New Delhi: Retail Inflation may have eased to a 13-month low of 4.31 per cent in September, but surging prices continue to pinch the pockets of consumers in rural areas due to regional variations and transportation challenges. Though the consumer price index (CPI)-based Inflation in rural areas fell to 4.96 per cent in September, against 5.87 per cent in August,...
More »Good monsoon fills reservoirs, heralds bumper harvest -Sanjeeb Mukherjee
-Business Standard 85%of the country gets normal rains, but Karnataka declares drought The southwest monsoon season (June to September) across the country in 2016 was 97 per cent of the long period average (LPA). Although it fell short of predictions by the weather office, this was the first normal monsoon in the country since 2013. If the rainfall is between 96 and 104 per cent of the LPA, it is considered normal. LPA...
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