-The Hindu ‘Its geographical distribution is what matters’ Union Finance Minister Arun Jaitley said here on Thursday that concerns about the impact of a deficient monsoon on the economy were “misplaced” and “far-fetched”. He told presspersons that conclusions were being made in an exaggerated manner after the India Meteorological Department forecast on Tuesday that rainfall would be only 88 per cent of the long-term average. “The speculation and analyses we have seen in the...
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India's farm output falls for the first time in 5 years amid fears of drought
-DNA Govt gears up to ring-fence farmers, prices from poor rains India's farm sector shrank for the first time in five years in the year ended March 31, Union agriculture minister Radha Mohan Singh said on Wednesday, a day after the government forecast a likely drought this year that could hit output again. The Met office cut this year's monsoon forecast on an El Nino weather pattern that has raised fears of...
More »Weather department downgrades monsoon forecast to 88%, stokes drought fears; govt 'prays'
-Hindustan Times India’s June-September monsoon, the lifeblood of Asia’s third-largest economy, will most likely be “deficient” this year with the met department downgrading its forecast from 93% to 88%, earth sciences minister Harsh Vardhan said on Tuesday. The India Meteorological Department’s (IMD) revision -- which had forecast “below normal” monsoon in April -- will potentially toughen challenges for the Narendra Modi government already battling a farm crisis triggered by unseasonal rains in...
More »Woes of the farmer -Jaydev Jana
-The Statesman Agriculture is the source of livelihood for nearly 700 million people in India, representing a huge workforce. More than half the GDP of the rural economy is based on agriculture. It is not just a profession but a traditional occupation, a way of life. Agriculture is characterised by small and fragmented land holdings. Small (up to one hectare of land) and marginal (more than one ha and up to 2...
More »Is the MGNREGA being set up for failure? -G Sampath & Rukmini S
-The Hindu The Mahatma Gandhi National Rural Employee Guarantee Scheme (MGNREGA) has generated more rural employment than any other government scheme or private initiative in the history of independent India. At the same time, it has also generated a great deal of controversy over its merits and demerits. It would be fair to say that the policy establishment in the country right now is not favourably disposed towards the MGNREGA, with the...
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