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India expecting normal monsoon this year, says forecaster -Amit Bhattacharya

-The Times of India NEW DELHI: The monsoon is likely to beat the adverse impact of an El Nino and provide normal rains in the country this year, private weather forecaster Skymet said on Thursday, in the first prediction on the 2015 rainy season by an Indian agency. About a week before the India Meteorological Department releases its first long range forecast, Skymet said it expects 102% rains during the monsoon season...

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Rebooting the rural jobs scheme -Himanshu

-Livemint.com At a time when rural economy is badly in need of stimulus, the least the govt can do is increase spending on MGNREGA It is now officially acknowledged that the rural economy is heading for a distress situation. As if the fall in crop prices was not sufficient, the situation of farmers in India has been compounded by the vagaries of the monsoon with less than normal rainfall last year...

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MUDRA Bank launched by PM Modi, increases farmer’s compensation

-Tehelka Prime Minister announced increase in quantum of compensation for crop damage to affected farmers by 50 per cent. Showering a bright hope to small entrepreneur, Prime Minister Narendra Modi launched MUDRA (Micro Units Development and Refinance Agency) bank under the Pradhan Mantri Jan Dhan Yojana which will provide credit up to 10 lakh to small entrepreneur and act as a regulator for ‘Micro-Finance Institutions' (MFIs). The prime minister also announced increase in...

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India’s flawed fertilizer policy -Himanshu

-Livemint.com Farming community is bracing itself for income loss due to lower productivity from last year's deficient rainfall as well as lower price realization in the market Last month's untimely rains have only added to the long list of problems that the Indian farmer faces. Declining global and domestic prices have already led to a crisis in the agricultural sector. The farming community is bracing itself for income loss due to lower...

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Budget in search of hope -Ashok Sekhar Ganguly

-The Telegraph The 2015-16 budget was presented to the Lok Sabha by the finance minister on February 28, 2015. The first half of the 2015 budget session of both Houses of Parliament has just ended. The highlight was the passing of a number of bills and the budget debate. The debate on the budget in the Rajya Sabha was a long one, lasting over 10 hours. Several speakers participated, drawn from...

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