-Livemint.com Farmers’ welfare is a multi-dimensional issue, with the farm ministry playing a small but significant role Prime Minister Narendra Modi’s announcement to rename the ministry of agriculture to ministry of agriculture and farmers’ welfare may be symbolic, but is at the least a recognition of the stress in rural economy. The stress, particularly in the farming sector, is now all too obvious with the increase in suicides being reported in many...
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Inflation is down? Really? -Rajalakshmi Nirmal
-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...
More »Water reservoir levels drop for first time this monsoon season
-The Financial Express Seasonal showers declined 6% from the long-period average up to August 6 For the first time since the current monsoon season started in June, the country’s water storage has dropped from both the level a year before and the normal benchmark average, thanks to a slowdown in monsoon rains since early July. Seasonal showers declined 6% from the long-period average (LPA) up to August 6, worsening from a deficit of...
More »Bountiful June showers boost kharif planting
-The Hindu Business Line New Delhi/Bengaluru: The rapid progress of the south-west monsoon across the country has accelerated the sowing pace of key kharif crops such as rice, pulses, oilseeds and cotton. The south-west monsoon, the lifeline of India’s agriculture, has covered the country two weeks ahead of schedule. Agriculture Ministry data showed that kharif planting has been done in 165.62 lakh hectares so far this year, against 134.18 lakh hectares in...
More »Who cares for the small farmer? -PSM Rao
-The Hindu Business Line Not the RBI, going by the revised priority sector lending norms, which will further reduce credit to the marginalised Prime Minister Narendra Modi has often expressed his sense of anguish at the plight of farmers. In a recent statement in the Lok Sabha, he noted that the agriculture community’s problems were “old, deep-rooted and widespread”, and stated that farmers cannot be left to fend for themselves. Implicit in that...
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