Drought hit farmers in Himachal Pradesh will get 50 per cent subsidy on kharif seeds. “Due to deficient rains from October to March coupled with the abnormal rise in temperature in March and April the standing grain crops have been partly damaged,” said a spokesman of the state agriculture department. The official said in the current kharif season, about 35,000 quintals of seeds will be supplied by the department to the farmers...
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Farm sector records lowest growth in 5 yrs at 0.2%
The country's agriculture sector recorded the lowest growth in five years, at 0.2 per cent, in fiscal year 2009-10 due to widespread drought. Agriculture and its allied sectors had grown at 1.6 per cent in 2008-09. However, dismal as the farm sector's growth seemed to be, it was not as low as expectations set for the fiscal. It had grown by 0.2 per cent, though the earlier estimation -- arrived...
More »Record wheat output likely, Centre upbeat by Gargi Parsai
With expectations of a record wheat production this year (2009-10), the Union government is upbeat about providing food grains to the Below Poverty Line (BPL) families on a sustained basis under the proposed National Food Security Bill. “Despite the drought caused by (-) 23 per cent rainfall during the kharif season this year, farmers have maintained a production of 170.29 million tonnes of rice and wheat… which calls for satisfaction. With...
More »Mismanaging food
Bizarre are the ways of the government when it comes to managing, or mismanaging, the country’s food economy. On the one hand, it goes on mopping up bulk of the wheat and rice arriving in the mandis to build up its grain stocks, clearly to prevent foodgrain prices from falling below the minimum support price (MSP) level. On the other hand, it plans to offload 3 million tonnes of wheat...
More »Food inflation falls to 16.04%
Food Inflation further eased to 16.04% for the week ended April 24, as arrival of rabi (winter) crops cooled down prices of essential items. Inflation fell over 0.57% from 16.61% in the previous week on account of a percentage point drop in prices of fish, fruits, wheat and vegetables over the week. However, tea prices rose 13% while maize, gram and eggs prices were up 1% each. Prices of cereals...
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