-The Hindu Centre mulling alternative crops The Union Government is looking at the possibility of replacing rice crop in Punjab and Haryana with alternative crops such as pulses, fodder and oilseeds that help in nitrogen fixation. The water-intensive rice cultivation over the years has become unsustainable in these two States and the water table has fallen to precarious levels. Giving this information to members of Parliament’s Consultative Committee for his Ministry, Agriculture Minister...

-The Business Standard Cautious optimism about the revival of the monsoon  A progressive improvement in the monsoon, after a dismal June that saw rainfall deficient by over 30 per cent, has eased some worries over kharif crop production. Since then the rainfall deficit has been halved to 15 per cent, dispelling fears of a situation as bad as in 2009, when severe drought lowered foodgrain production by seven per cent. In addition,...

-The Hindustan Times Under the cover of endorsing a proposal for the National Food Security Bill framed by an independent group of development economists, the government is all set to empty the Bill of any substance. Provisions relating to the Public Distribution System (PDS) will be reduced to a pointless reshuffling of existing foodgrain allocations to state governments, that too in favour of the richer states. And other entitlements, relating for...

-PTI Employees of public sector banks have gone on two-day nationwide strike today opposing banking sector reforms and outsourcing of non-core activities, affecting operations. Several private sector banks, foreign banks and ATMs, however, continued to operate normally. The strike call was given by the United Forum of Bank Unions (UFBU), an umbrella organisation of nine unions of employees and officers of PSU banks. They are protesting against banking sector reforms and unilateral implementation of...

-PTI Prime Minister's Economic Advisory Council today said poor monsoon is likely to pull down farm sector growth rate to 0.5 per cent in the current financial year, a projection that is even lower than in 2009-10 when monsoon was the worst in 28 years. The growth in the agriculture sector was one per cent in 2009-10 when production had fallen by 16 million tonnes due to poor monsoon. As many as...