-The Telegraph Costlier food items carried inflation up to 7.55 per cent in May, and the price situation could get aggravated further by the government’s decision to raise the minimum support price of paddy, oil seeds and pulses. However, the Cabinet Committee of Economic Affairs (CCEA) deferred a decision to raise urea prices because of opposition by some ministries. Inflation in May last year stood at 9.56 per cent. Overall food inflation rose to...
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Agriculture Ministry closely monitoring advance of monsoon by Gargi Parsai
-The Hindu States told to have contingency plans ready, post-delay in onset in Kerala Agriculture experts and officials are closely monitoring the advance of the southwest monsoon, which is crucial not only for the important summer kharif crop but also the socio-economic wellbeing of the country. There are apprehensions that with farm growth having slowed down in the pre-wheat harvest quarter to 1.7 per cent, if the monsoon were to be deficient, then...
More »Higher prices likely to cut fertiliser demand 10-15 %-Rituraj Tiwari
-The Economic Times Rising fertiliser prices may lead to a drop in demand by 10-15 % this kharif season. The impact will be more on diammonium phosphate (DAP) whose prices are likely to double over last season. DAP prices have gone up from Rs 12,000 a tonne last kharif to over Rs 18,000 a tonne and are likely to be revised to Rs 24,000 within a couple of weeks. "Yes, there are...
More »Monsoon round the corner, no need for gloom says IMD
Parts of Kerala have been receiving rains since this morning. Weather watchers attribute the slight delay in the onset of monsoon to Typhoon Mawar which was active in a western Pacific Ocean off the Philippines South-west monsoon, the key to the agriculture driven trillion-dollar Indian economy, is on course and is expected to drench Kerala by Wednesday thereby bringing much-needed relief to farmers, reports PTI. “Monsoon is round the corner. Parts of...
More »Chief minister targets to woo farmers, promises friendly version of land acquisition bill
-The Times of India Anticipating what farmers support could mean to Samajwadi Party in the 2014 Lok Sabha elections, the Akhilesh government doled out sops worth Rs 5,432.37 crore for agriculture and allied activities to benefit the group. Chief minister Akhilesh Yadav also reiterated his government's commitment to scrap the old land acquisition policy and come up with a farmer friendly version soon. Stating that loans were a stress that haunted a...
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