-Livemint.com State seeks Rs300 crore more for drinking water supply and Rs750 crore for waiving off interest payments on loans New Delhi: Madhya Pradesh has declared 35 out of 51 districts in the state as drought affected and sought an initial central assistance of Rs.2,400 crore, indicating deepening rural distress. Karnataka, Maharashtra and Odisha have already declared parts of their state as drought affected. Madhya Pradesh finance minister Jayant Malaiya and agriculture minister...

-Livemint.com A pair of eggs costs less than Rs8 today whereas 100gm of tur dal costs between Rs16 and Rs20 New Delhi: The recent spurt in the prices of pulses is causing much heartburn to governments and consumers. But this is not the first time that prices of pulses have shot up; within the foodgrain basket, production and price shocks are fairly regular for pulses but rare for rice or wheat. So, how...

-Hindustan Times The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India’s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could be masking a worrisome rise in food prices, leaving consumers to wonder why — even with declining inflation — their household budgets are spinning out of control. After onion, the prices...

-Down to Earth Reasons behind the trend include high inventory levels, lower oil prices and renewed strength of the US dollar The Food Outlook report released on Thursday states that agricultural commodities are going through a period of lower prices and less volatility. After dramatic price rise from 2007 till early 2011, cereal and vegetable oil prices are now steady as well as on the decline, the biannual publication of the Food...

-The Times of India There is more to this year's rainfall deficit than meets the eye. After the monsoon was officially declared over on September 30, 17 of the country's 36 weather subdivisions had received deficient or scanty rainfall. That's about 39% of the country's area, home to over 66 crore people, nearly half the country's population. Deficient is when rains are below the average by 20% or more while scanty...