-Hindustan Times Policy makers have no control over fickle weather whims and complex forecasts. Regardless of the eventual course and quality of summer rains brought on by drafts of breeze that stream 8,000 km from the southern Pacific, the early predictions did give an early heads up of what was likely in the next few months. Yet, every drought year, India’s response to deal with scanty summer rains has been knee-jerk, marked...

-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...

-The Hindu The Millennium Development Goal of halving the proportion of chronically undernourished people in developing countries by 2015 is within reach. But progress must accelerate by the end of this year Almost 800 million people, or one in nine in the world, continue to suffer from hunger. The number of hungry people has declined globally by more than 167 million over the last decade, and by more than 200 million since...

-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...

-Economic and Political Weekly This paper presents estimates of farmers' Incomes from agriculture over the past three decades. The income earned by farmers from agricultural activities after paying for input costs and the wages for hired labour has seen low to high growth in different periods during the last three decades. In none of the periods do farmers' income or profitability of farming show any squeeze. The pace of growth in...