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'Jumla' tag on 'record' farm support prices -R Suryamurthy, Jayanta Roy Chowdhury and JP Yadav

-The Telegraph New Delhi: The Narendra Modi government on Wednesday raised the minimum support price for the common variety of paddy by what it described as a "historic" margin, seeking to address rural disquiet that the BJP has identified as one of its weaknesses in the run-up to key elections. However, a powerful lobby of farmers has termed it a "jumla" (an idiomatic expression that loosely translates as a hollow promise or...

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India's rural inflation has started pinching

-Financial Express For sustainable growth, Rural India’s squeezing purchasing power needs immediate attention New Delhi: The Reserve Bank of India’s (RBI) unanimous call for a 25-basis-point rate hike after four years was primarily driven by the strengthening core inflation as well as the rising household inflationary expectations. Since the April Monetary Policy Committee meeting, there have been some significant macro developments, mainly on four counts. First, the global crude oil prices have risen...

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Charge farmers for water, remove sops on water-guzzling crops: report -Sanjeeb Mukherjee

-Business Standard Nabard-Icrier study calls for moving high-water reliant crops like sugarcane in Maharashtra, rice in Punjab to other areas; Gadkari says not possible. With India staring at a looming water crisis, a new study on ‘water productivity mapping of major crops’ has called for putting a price on water used for irrigation to at least recover operating and maintenance costs of structures like canals. It has also called for an end...

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Costlier fuel pushes up WPI inflation to 3.18 per cent in April

-PTI WPI inflation, which was on a declining trend since December 2017, accelerated in April due to an unfavourable base effect, a seasonal uptick in food prices as well as the pass through of rising global crude oil prices. New Delhi: Inflation based on wholesale prices touched a four-month high of 3.18 per cent in April on increasing prices of petrol and diesel as well as fruits and vegetables. The Wholesale Price...

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Govt calls for studies on climate change goals -Mayank Aggarwal

-Livemint.com The environment ministry has called for a series of studies from research organizations to develop a roadmap for the effective and efficient implementation of climate change goals New Delhi: Nearly two and half years after declaring a comprehensive list of goals to tackle climate change post 2020, the environment ministry has called for a series of studies from research organizations to develop a roadmap for the effective and efficient implementation of...

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