-Business Standard Private weather forecast agency revises estimate to 109% of LPA As the country awaits the arrival of the southwest monsoon after two years of drought, private weather forecasting agency Skymet on Tuesday revised upward its 2016 southwest monsoon forecast to 109 per cent of the long period average (LPA) from 105 predicted in April. The forecast, if accurate, would mean that India might have its highest southwest monsoon since 1994 and...

-Business Standard At end-April, foodgrain stock in the pool was estimated at 36.95 mn tonnes, 6.7% more than at the same time last year As a drought and drinking water crisis grips several states, the food stock position in the central pool seems to be among the few comfort factors for the government. At end-April, foodgrain stock in the pool was estimated at 36.95 million tonnes, 6.7 per cent more than at the...

-The Hindu Swaraj Abhiyan is seeking to create awareness of the SC judgment and citizen’s entitlements. Latur: It’s a quarter past seven in the morning in the small village of Khandapur in Latur district. In the small window of time before the pleasant morning sun turns into unforgiving heat, a small group of people are gathered in a street next to the gram panchayat office. A group of volunteers from the Yogendra Yadav-led...

-The Hindu Business Line Bidding process apace to select insurance firms for Fasal Bima Yojana New Delhi: The Centre’s flagship crop insurance scheme, Pradhan Mantri Fasal Bima Yojana, is likely to be rolled out in several parts of the country by next month as the bidding process for selecting insurance companies is over in at least ten States and a Union Territory and many others are in the midst of it. All top...

-The Financial Express In a bid to curb pilferage of foodgrains in the Targeted Public Distribution System (TPDS), the Centre on Saturday asked the states to opt for Direct Benefit Transfer (DBT) under which the subsidy component is credited to bank accounts and allows the beneficiaries to buy foodgrains from the market. However, for implementing DBT, the states must complete digitisation of beneficiary list and seed bank account details for fund transfer....