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Superstorms across India kill 127, shatter homes and lives

-The Times of India NEW DELHI: Severe thunderstorms lashed many parts of the country on Wednesday night, killing at least 127 people in the last 24 hours and leaving a trail of destruction, with houses flattened, trees uprooted and electricity poles in disarray. The maximum devastation occurred in Uttar Pradesh and Rajasthan, where the storms claimed 112 lives. Uttar Pradesh reported 73 deaths, of which 46 were in Agra district alone. As many...

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Farmers seek relief after hail, rain damage crops in Rajasthan, UP -Jitendra

-Down to Earth The storm spoiled standing crops in Rajasthan, Haryana and Uttar Pradesh When farmers were already trying to cope with the losses they had incurred after the last hailstorm in February, March 4 saw fresh hailstorms in Rajasthan, Haryana and Uttar Pradesh. After losing 50 per cent to 90 per cent of its standing crops to the storm and erratic rains, several farmers’ organisations seek compensation. “Crops of mustard, barley,...

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MP Agriculture Sector Growth Slips by 1.61%, Says MP Economic Survey -Vivek Trivedi

-News18.com Surprisingly, production of meat which stood at 59 lakh metric tonnes in 2015-16 surged to 79 metric tonnes in 2016-17. The production of eggs too went up in the financial year 2016-17. Bhopal: Madhya Pradesh government might be listing agriculture among its topmost priories but the growth rate in farm sector has gone down by 1.61% for the financial year 2017-18, according to the Madhya Pradesh Economic Survey report which was...

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Retail inflation surges to 15-month high of 4.88% on food price, breaches RBI target

-The Times of India NEW DELHI: Consumer price inflation (CPI), or retail inflation as it is better known, for the month of November stood at 4.88 per cent with comparison to 3.63 per cent during the corresponding period last year. The government data revealed on Tuesday shows that the inflation rate has surged to 15-month high. The previous high was recorded at 5.05 per cent in August last year. November's inflation numbers...

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Rural incomes: Why farm prices are now more prone to falling than to rising -Harish Damodaran

-The Indian Express The transition from a regime of ‘downward stickiness’ to ‘upward stickiness’ has relevance beyond economic jargon. Here’s how Agricultural commodity prices in India have traditionally exhibited what economists call “downward stickiness” — resistance to any declines, while rising at the slightest demand-supply imbalance. That conventional wisdom may have been turned on its head by demonetisation. The tendency now is for prices to be increasingly “sticky upward”. The accompanying table (right)...

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