-The Economic Times NEW DELHI: The monsoon has started withdrawing after delivering near-normal rainfall across the country, setting the stage for a bumper Harvest after two years of scanty rain that hit farm output and distressed villagers. "This year the southwest monsoon has overall been good, with most states getting excess to normal rainfall and only few having deficit rains. It is good news for farmers. I am sure we will have record...
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Food India wastes can feed all of Bihar for a year, shows govt study -Zia Haq
-Hindustan Times India is growing more food but also wasting up to 67 million tonne of it every year, a government study shows. That’s more than the national output of countries such as Britain. And enough food for Bihar, one of India’s larger states, for a whole year. The value of the food lost – Rs 92,000 crore -- is nearly two-thirds of what it costs the government to feed 600 million...
More »The Liquid Alternative: The ultimate antidote to farmers' debt woes - dairying -Harish Damodaran
-The Indian Express Again, going by NSSO data, while 11.9 per cent of an average Indian agricultural household’s monthly income comes from “farming of animals”, it is well over 24 per cent for Gujarat. Gujarat has a relatively low per agricultural household debt of Rs 38,100, as against the all-India average of Rs 47,000, according to the National Sample Survey Office’s (NSSO) data for 2012-13. Also, 79.2 per cent of the state’s...
More »Inflation down, RBI rate cut hopes up -Asit Ranjan Mishra
-Livemint.com Retail inflation decelerated sharply to 5.05% in August, while industrial production contracted by 2.4% in July, the lowest in eight months New Delhi: India’s new macroeconomic numbers, the last before the Reserve Bank of India (RBI) meets for its 4 October review of monetary policy, pose a dilemma for its new governor Urjit Patel. Retail inflation decelerated sharply to 5.05% in August, while industrial production contracted by 2.4% in July, the lowest...
More »Govt may increase MSP for rabi crops by 10% -Sandip Das
-The Financial Express Likely to give bonus of up to Rs 425 per quintal on pulses In a bid to boost production of pulses and oilseeds, the government is likely to announce 5 to 10% hike in minimum support price (MSP) for the rabi crops, including wheat, barley, gram, masur and mustard, for the 2016-17 season besides a bonus on pulses in the range of Rs 250 to Rs 425 per quintal. Sources...
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