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Economy may bottom out on improving monsoon in the current quarter- Vinay Pandey

-The Economic Times The worst of drought may be behind after the near normal rains since fourth week of July, raising hopes that the economy could bottom out in the current quarter and even get a big push from a likely good Rabi harvest. The deficit in the weekly rainfall in the three weeks to August 15, the crucial sowing period in north India, has been less than 4%, almost normal rainfall. The...

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Basudeb Acharia, Chairman of the Parliamentary Standing Committee on Agriculture interviewed by Gargi Parsai

-The Hindu The debate on the pros and cons of genetically engineered/modified crops is universal. In India, in the face of vociferous protests, the controversy has only deepened leading to a moratorium on cultivation of Bt Brinjal crop — the first GM food crop sought to be commercialised. Gargi Parsai spoke to Basudeb Acharia, Chairman of the Parliamentary Standing Committee on Agriculture, on its new report, “Cultivation of Genetically Modified Food...

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Sowing of paddy picks up -Gargi Parsai

-The Hindu Sowing of kharif paddy has improved thanks to rain in some parts of the deficient areas, but it is still lower by 11.40 lakh hectares as compared to last year. If compared with last year’s sowing — a record foodgrains production year — at this time of the year, the area under paddy, pulses, coarse cereals, oilseeds and Cotton is still lower. An inter-Ministerial group that reviewed the situation on Friday...

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Hybrid seed industry growth may drop due to scanty rains-Tapash Talukdar

-The Economic Times MUMBAI: Scanty rains in Cotton-growing regions of Gujarat, Maharashtra and Tamil Nadu have washed away hopes of hybrid seeds growth in the country. The National Seed Association of India (NSAI) is expecting only a single digit growth between 5-7% against its previous estimate of 20% early this year.  India's hybrid seed industry, which is pegged at Rs 11,000 crore, grew nearly 15% last year. And Cotton seed contributes up...

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India confirms drought as El Nino looms

-Reuters Monsoon rains will not be enough to save the country from its first drought in three years, the weather office said on Thursday as it forecast that the El Nino weather pattern should reduce rains again in the second half of the June to September season. India, one of the world's largest food producers and consumers with a population of 1.2 billion, last suffered a drought in 2009, which forced it...

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