The Central Water Commission (CWC) has released the state-wise and national-level annual data on human and economic costs associated with floods or excessive rainfall for the last 64 years at a time when the North East is devastated by nature's fury. That data indicates that on an average 3.2 crore Indians were affected by floods or excessive rainfall every year between 1953 and 2016. Floods or downpours took a heavy toll...
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Agricultural sector growth slows down to 3%, show new estimates
The Central Statistics Office (CSO) has recently made an upward revision to the growth to be experienced by the agrarian economy in the present crop year (viz. from July, 2017 to June, 2018). The growth in real Gross Value Added (GVA) by the agrarian sector as a whole is expected to be 3.0 percent in 2017-18 as per the second advance estimates of national income for 2017-18, which was released...
More »Poor south west monsoon rainfall sours hope for good foodgrain output
The phenomenal growth in foodgrain production witnessed in the 2016-17 crop year will not repeat this year. Early prediction by the Ministry of Agriculture and Farmers Welfare shows that the kharif foodgrain production in 2017-18 may likely to fall by 2.8 percent as compared that in the previous year. The kharif foodgrain production is expected to decline from 138.5 million tonnes in 2016-17 to 134.7 million tonnes in 2017-18. Readers...
More »Crop insurance plan pays off as 9 lakh farmers enrol under PMFBY in Karnataka -Sharan Poovanna
-Livemint.com To increase farmers’ enrolment in the PMFBY, the Karnataka government started deducting compulsory insurance premiums for almost all crop loans disbursed Bengaluru: The Karnataka government’s initiatives to enrol more farmers under the Pradhan Mantri Fasal Bhima Yojana (PMFBY)—to ensure continued Central assistance to help mitigate the economic impact of deficient Rainfalls and resulting crop damage—seems to have paid off as the number of enrolments in the state during the Kharif...
More »Vegetable prices rise up to 58% -Dilip Kumar Jha
-Business Standard Supply issues due to unseasonal rainfall behind price rise Mumbai: Green vegetables have become costlier in the past week owing to supply disruptions following intermittent unseasonal Rainfalls and thunderstorms across major growing regions. In the benchmark Azadpur mandi in Delhi, the prices of cauliflower has risen the most by 58 per cent to trade currently at Rs 673 a quintal against Rs 427 a quintal a week ago. Interestingly, arrivals of cauliflower...
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