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Monsoon, a key driver of Indian economy -Naveen Mathur

-The Hindu Business Line Below normal rainfall will result in agricultural production declining India, predominantly an agriculture-based economy, is largely dependent on the monsoon. The agriculture sector is the backbone of the Indian economy and thus, monsoon should be considered as the backbone of agriculture. The four-month South-West monsoon season, accounts for nearly 75 per cent of the country's total rainfall and plays a crucial rule as about 55-60 per cent of...

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Agriculture sector: Challenges & Reforms Required

-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 released in New Delhi today has highlighted several challenges and reforms required in the agriculture sector. The Economic Survey states that as a concomitant of growth, the share of agriculture and allied sector in gross domestic product (GDP) declined to 15.2% during the Eleventh Plan and further to 13.9% in 2013-14 (provisional estimates-PE). While it still accounts for about 54.6% of...

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Drought stares at 38 districts -Sanjeeb Mukherjee

-The Business Standard Centre keeps close watch, prays for rain revival; area under paddy, coarse cereals at 5-year low till now With the southwest monsoon's progress a worry, the Union department of agriculture is keeping a close watch on 38 districts across the country where the rainfall condition till June has been alarming and chances of drought are the highest. The assessment is based on rainfall in June and the first few days...

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The pressure builds on rice -G Chandrashekhar

-The Hindu Business Line   As Indian consumption rises, the cereal available for exports may shrink For millennia, rice has been an integral part of the cuisine across Asian nations. China (140 million tonnes) and India (105 million tonnes) are two of the world's largest producers of rice followed at a distance by Bangladesh, Indonesia, Vietnam, Thailand, the Philippines and Pakistan. Major exporters include Thailand, India, Vietnam and Pakistan while major importers include...

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Not paddy, not now, Agri. Dept. tells farmers -S Harpal Singh

-The Hindu Adilabad (Telengana): Alarmed over the continuing dry spell and the expected power shortage in the near future, the Agriculture Department in the district has advised farmers to desist from cultivating paddy this kharif season. Paddy cultivation could result in failure, besides drastically depleting groundwater level in the coming months, officials said. The normal area under paddy cultivation during the season is about 52,000 hectares and farmers are making preparations for...

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