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Foodgrain output down by 5 per cent in 2014-15

-Deccan Herald India’s food grain output for 2014-15 fell by nearly five per cent owing to poor monsoon and untimely rainfall last year. The Fourth Advance Estimates of production of major crop pegged the farm output at 252.68 million tonnes – about 4.66 per cent lower than that of 2013-14. The farm sector is set for yet another year of low production as the weather office on Monday forecast 12 per cent...

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Monsoon deficient by 9% so far, uneven spread a worry -Zia Haq

-Hindustan Times India’s June-September monsoon has been deficient so far and quite uneven in its spread, with the rain-bearing system entering a phase that will largely determine whether the country can escape a drought for the first time in six years.   Overall, rains have been 9% lower than normal, with sharper deficits in some areas. Rainfall during August-September, the remaining two months of the rainy season, would be poor at 84%, the...

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A policy failure in pulses -Ashutosh Kumar Tripathi

-The Financial Express The criteria for fixing MSP of pulses should be sensitive to prevailing market prices The agricultural price policy, which aimed at providing a remunerative and stable price environment to farmers through MSPs and obligatory procurement by government agencies, has helped India overcome massive food shortages to emerge as a net exporter of food. Though the Terms of Reference (ToR) of the Agricultural Prices Commission requires that policy-induced incentive should...

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Monsoon improves, but pockets remain dry -Sanjeeb Mukherjee

-Business Standard Skymet says rains will be normal in August Southwest monsoon has shown marked improvement over central and eastern parts of India in the past few days, narrowing the cumulative deficiency for July to 15 per cent from a high of 50 per cent. However, the situation is worrisome in parts of central Maharashtra, Marathwada, Rayalseema region of Andhra Pradesh, some districts of Telangana, and north interior Karnataka, where the total seasonal...

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83% rainfall in July; situation grim in central, southern India: IMD

-PTI NEW DELHI: The country has received only 83 per cent of rainfall in July with the situation in parts of central and southern India remaining particularly grim, even as the weatherman predicted an improvement in the situation in coming days. "Until now, July has witnessed minus 17 per cent of rainfall," India Meteorological Department (IMD) Director General Laxman Singh Rathore said. He, however, said that there was no need to panic as...

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