Sugar, to mix one’s metaphors, is heading for a perfect storm. And this is being made because of our own policies. By the year-end, retail prices of sugar in Delhi and Mumbai may cross the Rs 40 per kg barrier — an almost 150 per cent increase in less than 15 months. And no, you can’t blame climate change or monsoon failures for this. So, what triggered the sugar crisis? In...
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Production of Kharif foodgrain may fall 16%
The country’s kharif foodgrain production is expected to decline to 98 million tonnes this year from 117.7 million tonnes produced in kharif 2008, Centre for Monitoring Indian Economy (CMIE) said here. “Decline in acreage and expected fall in yield will lead to a 16% drop in kharif foodgrain production. It is expected to fall to 98 million tonnes from 117.7 million tonnes produced in kharif 2008,” CMIE said. The kharif...
More »Erratic monsoon may hit kharif output: FICCI by Gargi Parsai
Loss in food grains estimated at 16 million tonnes Overall Kharif output can fall by 15 per cent Call for long-term strategy to tackle vagaries of monsoon Erratic monsoon this kharif could reduce the agricultural crop growth to -2 per cent year-on-year, down from an earlier estimate of 1.4 per cent, according to a Federation of Indian Chambers of Commerce and Industry (FICCI) report released here. The report, “Drought in...
More »Floods hit crucial crops by Gargi Parsai
Government may cut the import duty on rice, says official Paddy and sugarcane production may be lower owing to the floods Agriculture Commissioners of affected States assessing the situation Crucial paddy, onion, sugarcane, and horticulture crops have been lost in the floods in Karnataka, Andhra Pradesh and Maharashtra, though the quantum of loss is being assessed. Paddy and edible oil crops have already been affected by the drought in the northern States,...
More »It is water, not elections, that excites people in Beed district by Meena Menon
Erratic power supply, poverty bane of Marathwada region About four lakh people migrate every year to work as sugarcane cutters Sugar factories contribute to water scarcity DHAITANA (Beed district): The Assembly elections are not the reason for excitement in this village located in the backward Marathwada region of Maharashtra. It’s water. In the afternoon heat, women and children are running towards the only source of water located outside sarpanch Achyut Gangane’s house....
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