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....

As children, we were taught to say before our meals, “Annadaata sukhi bhava.” It was a thanksgiving to God for sending the farmer to make food for us and may God bless him. Today, the farmer is helpless. He has no God to go to. Farmer suicides are the tip of the iceberg. The future of agriculture, or lack of it, is staring us in the face. Periodical doles like loan waivers...

-The Asian Age The Centre on Friday said it is examining a proposal to provide foodgrains as part of wage payments to agriculture workers under NREGA. Agriculture minister Sharad Pawar also said that another proposal to provide a certain number of NREGA workers for agricultural operation has “not received” any positive response. He was responding to a demand from Congress leader J.D. Seelam in the Rajya Sabha that the government should...

The robust 9 per cent –plus growth in South Asia till 2010, driven largely by India, where it came down to around 7 per cent in 2011-12, had one major qualifier: it was mostly associated with a rapid rise in labour productivity rather than an expansion in employment, according to the latest report Global Employment Trends from International Labour Office. Up until the end of the millennium, that is just a...

BHOPAL: The sterilization fiasco in Madhya Pradesh refuses to die down. Lamenting the decision of making his wife undergo sterilization two months ago, a 35-year-old man, father of six daughters committed suicide in Betul district on Wednesday. His wife, who went under the scalpel in February, alleged that her husband was promised a plot of land and cash by the panchayat secretary and sarpanch of the village in exchange for the...