-The Telegraph The wheat has to be saved, so joust over jute. Finance minister Pranab Mukherjee today assured Opposition leaders he had asked Bengal to increase production of jute bags after shortage of facilities to store this year’s bumper wheat crop rocked the Lok Sabha. Mukherjee said he had spoken to Bengal industries minister Partha Chatterjee and urged him to ensure uninterrupted production to ensure that the supply of jute sacks increased by...
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How normal monsoon could impact agriculture, inflation, income & storage-Mishita Mehra
Last week, the Indian Meteorological Department (IMD) released its first annual monsoon forecast for June-September. Monsoons are likely to be normal with the probability of deficient or excessive monsoons being relatively low, according to IMD. If this prediction comes true, what does this really mean for India's economy? Impact on agricultural output: The first and most important impact is, of course, on agricultural production, especially in the kharif or summer season....
More »'Mismatch between wheat procurement and storage'
-The Hindustan Times The government on Monday admitted a mismatch between wheat procurement and storage and said efforts were on to ease pressure on go-downs by encouraging exports and providing foodgrain to MNREGA workers as part of wages. Finance minister Pranab Mukherjee’s brief statement on farmers’ light in the Lok Sabha during the zero hour came in response to vociferous protests by many political parties on the plight of farmers due...
More »The rot’s now setting in
-The Hindustan Times The government stocks a fifth of its grain out in the open, left to be washed by the monsoon. As the UPA’s most ambitious welfare programme — food security for poor Indians — is unrolled, more grain will be collected and allowed to rot unless warehouses are built to stock an additional 35 million tonnes beyond the 110 million tonnes of storage we already have, the Planning Commission...
More »India's vanishing aquifers
-The Business Standard Without policy correctives, a water crisis is inevitable In a future India, urban neighbourhoods might well be racked by internecine battles over water. The main reason to fear this dystopia is the astonishing rates at which groundwater is being sucked up from below the earth in this country. Groundwater finds a home in natural aquifers, layers of rock, clay and sand far underground. For thousands of years, Indians...
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