-Business Standard A clear picture is likely to emerge only towards the end of June Mumbai: Rural distress owing to heavy unseasonal rains in March and the prospects of less-than-normal monsoon have made bankers “a cautious lot” at the start of this financial year. However, it is too early to conclude that the impact of rains, or the lack of it, would be bad. According to public sector bank executives, the assessment for...

-The Indian Express As the toll of human misery and suicide mounts, official estimates of farm losses due to unseasonal rains and hailstorms in March remain controversial, with hasty downward revision. Since these estimates are largely notional, without validation from field visits, such revision smacks of deliberate fiddling. On March 24, the agriculture ministry reported that crops on 18 million hectares — about 30 per cent of the rabi crops —...

-New York Times Blog The earth beneath Lakshmi Karre’s sparse cotton crop is hard and dry. Dressed in a flowery orange sari, she squats in the large gap between two plants and tugs at some brittle leaves, turned speckled brown by a fungal disease known as cotton rust. “When I was young we used to get 100 cotton bolls per plant,” she says. “There was no gap between the plants. Now they...

-The Hindu Given the high investment and negative incentives such as input subsidies, small farmers have not benefited from government schemes. Everything about the suicide of the farmer from Dausa, Gajendra Singh, save the tragedy for his family, has been theatre — the very public venue, the occasion of a political rally, the politicians happily playing their populist cards, and the media’s focus on trivialities. The tragedy is being skilfully milked for...

-The Times of India NEW DELHI: Raising the spectre of a second successive year of deficient rains, the India Meteorological Department has predicted below normal rainfall for the upcoming monsoon season with a 33% probability of rains being less than 90%, commonly referred to as a drought. "The monsoon seasonal rainfall is likely to be 93% of the long-period average with a model error of plus or minus 5%," said Union earth...