-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
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Assam Losing Rs 200 Cr Annually Due to Floods: Economic Survey
-Outlook Guwahati: Assam suffers an average loss of Rs 200 crore every year due to devastating floods with nearly 40 per cent of the state's total land declared as flood-prone by the government. According to the Economic Survey, Assam for 2013-14 tabled in the Assembly during the ongoing Budget session, the average annual loss due to flood in Assam is to the tune of Rs 200 crore and in 1998, the loss...
More »Kosi flood alert: Bihar evacuates 50,000 people -Abhay Singh
-The Times of India PATNA: The Centre and the state government are in a state of extraordinary preparedness to face any eventuality precipitated by the release of 28 lakh cusecs of water accumulated in a lake-like formation caused by massive landslide in river Bhatta Kosi on the Nepal side. Around 2.25 lakh people could be hit in the nine Bihar districts of Supaul, Saharsa, Madhepura, Khagaria, Purnia, Araria, Madhubani, Darbhanga and Bhagalpur....
More »Not just Centre, states don’t want GM crops either -Sandip Das
-The Financial Express The Narendra Modi government's decision to disallow field trials of 15 varieties of genetically modified (GM) crops came on top of several state governments virtually thwarting such trials of 45 GM crop varieties approved by the regulator during the previous UPA regime. The Genetic Engineering Appraisal Committee (GEAC) gave approval for 45 GM crop trials ahead of the Lok Sabha elections. However, states like Bihar, Madhya Pradesh, Rajasthan, Odisha,...
More »Depleting water reservoirs need rains to prevent crop loss: Government
-Reuters NEW DELHI: India's reservoirs are depleting fast and monsoon rains need to pick up now if they are to have enough water to prevent a drop in output of major winter crops such as wheat and rapeseed that are sown from October, a senior government official said. Rains were 15 per cent below average in the week to July 16, an improvement from the previous week's shortfall of 41 per cent...
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