A fall in the rate of inflation (on point to point basis) in Consumer Food Price Index (CFPI) from 8.35 percent in July to 5.91 percent in August this year is indicative of the positive developments that has taken place during recent months in the agricultural sector, which is expected to further cool off food prices in the near future. A document from the Ministry of Agriculture and Farmers Welfare...
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Normal to excess rains in 87% of India so far: IMD -Prerna Kapoor
-Livemint.com August saw good rains in northern and eastern regions while peninsula, parts of central India remained mostly dry New Delhi: The southwest monsoon was 3% short of its long-term average till the end of August, India’s weather office said on Thursday. Around 87% of the country has received normal to excess rainfall so far. Including 1 September, the shortfall has come down to 2%. August saw good rains in the country’s northern...
More »Agrarian distress: Farmer suicides and the collapse of cooperative credit institutions -Partha Sarathi Biswas
-The Indian Express The incidence of farmers taking their own lives is higher in regions where cooperative banks are the weakest. Nanded (Maharashtra): The verdant soyabean fields at Digras today are a far cry from the barren landscape they presented only a few months ago. But for residents of this village in Ardhapur taluka of Nanded district, the memories of drought in three out of the last four years will not fade...
More »Geographical indication: Battle over Basmati -Milind Ghatwai, Harish Damodaran & Divya Goyal
-The Indian Express The GI tag is used to identify various kinds of goods including Darjeeling tea, Kanchipuram silk saree and Kolhapuri chappal. When Krishnakumar Tomar, one of the first to grow basmati in this fertile belt, harvested his crop 14 years back, he had no idea where to sell it. With no local takers for the aromatic paddy, the 40-year-old from Badi, which falls in Raisen district, was told he could...
More »Farm Policy: The political economy of why reforms elude agriculture -Pravesh Sharma
-The Indian Express India should learn from China and start with liberalisation of rural land, labour and capital markets before attempting bigger things. Independence Day has come and gone with its usual mix of celebrations, pride and ruminations on how things could be better. Interestingly, several media commentaries tagged the event with the 25th anniversary of economic reforms, launched in 1991 around the same time of the year. They largely dwelt on the theme...
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