-The Times of India NEW DELHI: A common north Indian staple, the arhar or tur dal has touched Rs 180 per kg in the retail market. Across Delhi, price of most other dals too is well over Rs 100, having marked an increase of Rs 10-30 per kg since early September. Where tur is in the range of Rs 145-Rs 180 in packaged form, dhuli masoor is between Rs 124 and Rs...
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Why Skymet went wrong -Jatim Singh
-The Indian Express Congratulations to the IMD which sounded out the country on below-normal rainfall at 93 per cent of the LPA and then downgraded it to 88 per cent. Skymet’s forecast for 102 per cent of the long period average (LPA) of the southwest monsoon was wrong. On September 30, the monsoon ended at 86 per cent of the LPA, leading to a second consecutive season with deficient rainfall (mild...
More »New crop insurance scheme to charge 2% premium for pulses -Sanjeeb Mukherjee
-Business Standard At present, the average crop insurance premium on pulses that a farmer has to pay ranges between 10 per cent and 12 per cent of the sum insured New Delhi: To provide a safety net to growers of pulses, which could also help boost production, the Centre's proposed new crop insurance policy has pegged the burden of premium on pulses at a moderate two per cent of the sum insured. Officials...
More »India’s rural crisis, slowed farm growth may hurt 7.5% GDP dream -Zia Haq and Gaurav Choudhury
-Hindustan Times When Prime Minister Narendra Modi met some prominent billionaires last month, seeking quicker job-creation and investments, many industrialists complained that falling rural demand for goods was rocking their boats too. Incomes of India’s 833 million mostly poor rural population – a huge market for all kinds of goods – are barely rising and it is a cause for worry. Farming contributes just 15% of India’s $2 trillion economy, but half...
More »302 of 614 districts reeling under drought, highest since 2009 -Subodh Varma
-The Times of India There is more to this year's rainfall deficit than meets the eye. After the monsoon was officially declared over on September 30, 17 of the country's 36 weather subdivisions had received deficient or scanty rainfall. That's about 39% of the country's area, home to over 66 crore people, nearly half the country's population. Deficient is when rains are below the average by 20% or more while scanty...
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