-The Telegraph New Delhi: India's weather agency has revised its 2014 monsoon forecast downwards, predicting 13 per cent rainfall deficit instead of 7 per cent forecast earlier this year, cautioning that yields of several crops may decline but dismissing fears of a widespread drought. The India Meteorological Department today said the rainfall during the remaining six weeks of the monsoon season will be much better than over the past two months. But...
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Govt lowers rain forecast but rules out drought
-The Times of India NEW DELHI: The fear of drought has receded further with Indian Meteorological Department (IMD) on Tuesday predicting better rainfall during August-September. Though the Met downgraded the prediction for the overall Monsoon rainfall from "below normal" to "deficient", it ruled out any possibility of drought. The IMD, in its latest forecast, predicted that "the rainfall over the country as a whole is likely to be 87% of the Long...
More »Threat of El Nino recedes, but monsoon picture remains cloudy -Nikita Mehta and Asit Ranjan Mishra
-Live Mint Experts are still convinced that this year will see a sub-par monsoon or, still worse, a drought New Delhi: A weakening of the El Nino weather phenomenon and an expected recovery in monsoon rainfall in coming days may, to some extent, keep inflation at manageable levels and protect rural demand even as the government prepares to handle India's third drought in 20 years. Experts are still convinced that this year...
More »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...
More »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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