-Scroll.in / qz.com The government has set up five committees to review data to calculate major indicators such as the GDP, IIP and inflation. More than 19 months after the statistical tumult began over India’s GDP, the Narendra Modi government is finally trying to fix the mess. India’s GDP numbers have been receiving flak since a new calculation was introduced in January 2015. Overnight, India’s GDP growth accelerated from 4.7% to 6.9%. It...
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Good monsoon fills reservoirs, heralds bumper harvest -Sanjeeb Mukherjee
-Business Standard 85%of the country gets normal rains, but Karnataka declares drought The southwest monsoon season (June to September) across the country in 2016 was 97 per cent of the long period average (LPA). Although it fell short of predictions by the weather office, this was the first normal monsoon in the country since 2013. If the rainfall is between 96 and 104 per cent of the LPA, it is considered normal. LPA...
More »Kharif foodgrain harvest to break past records, show first advance estimates -Sayantan Bera
-Livemint.com India’s Kharif foodgrain production is estimated at 135 million tonnes in 2016-17, 9% higher than the year before New Delhi: Boosted by a normal monsoon, India’s rain-fed Kharif harvest will be the highest ever in history, show first advance estimates of crop production released by the agriculture ministry on Thursday. India’s Kharif foodgrain production is estimated at 135 million tonnes in 2016-17, 9% higher than the year before, when a crippling drought...
More »Making Pulses Affordable Again: Policy Options from the Farm to Retail in India -PK Joshi, Avinash Kishore and Devesh Roy
-IFPRI Rising prices and declining consumption of pulses cause concern in terms of both nutrition and food inflation in India. This paper outlines policy strategies to increase the availability of pulses at affordable prices in India and also points out limitations of some of the most common recommendations for achieving these objectives. There seems to be no option but to increase domestic production of pulses in India. The global supply of...
More »Record increase in sown area under pulses during kharif 2016-17, shows latest data
A fall in the rate of inflation (on point to point basis) in Consumer Food Price Index (CFPI) from 8.35 percent in July to 5.91 percent in August this year is indicative of the positive developments that has taken place during recent months in the agricultural sector, which is expected to further cool off food prices in the near future. A document from the Ministry of Agriculture and Farmers Welfare...
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