-The Business Standard A delayed monsoon has forced farmers in Western UP to use alternative sources of irrigation, incurring 25-30% extra costs Saharanpur/Muzaffarnagar (UP): If the latest inflation reading at eight per cent, largely fuelled by near double-digit food inflation, has left us worried, get ready to pay even more for food in coming months. Though the monsoon deficit has reduced to only 17 per cent, the rise in input cost...
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Exposing the great 'poverty reduction' lie -Jason Hickel
-Al Jazeera The UN claims that its Millennium Development Campaign has reduced poverty globally, an assertion that is far from true. The received wisdom comes to us from all directions: Poverty rates are declining and extreme poverty will soon be eradicated. The World Bank, the governments of wealthy countries, and - most importantly - the United Nations Millennium Campaign all agree on this narrative. Relax, they tell us. The world is getting...
More »Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar
-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
More »Monsoon floods hit Uttar Pradesh
-The Business Standard/ Agencies 1,500 villages under water; Assam, Bihar too affected Lucknow/ New Delhi: Floods triggered by heavy rains in the Himalayas have inundated nearly 1,500 villages in Uttar Pradesh, killing at least 28 people and leaving thousands homeless, officials said on Sunday. Thousands were marooned in villages across nine districts of Uttar Pradesh, where the release of water from overflowing dams in neighbouring Nepal has added to the impact of the...
More »Farmers told to go in for short-term crops
-The Times of India COIMBATORE: In light of the delayed southwest monsoon and severe rainfall deficit, agriculture experts have advised farmers to go in for short-term crops this year as they require less water. "We are telling them to move from their traditional crops and try short-term crops like pulses, millets, sunflower or maize," said K Velayutham, director of crop management at TNAU. Except for maize, the cycle for the other three...
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