-PTI/ The Hindu Between 2016–2021, extreme events triggered by climate change caused damage to crops in over 36 million hectares, and a $3.75 billion loss for farmers in the country India suffered an income loss of $159 billion, 5.4% of its gross domestic product, in the service, manufacturing, agriculture, and construction sectors due to extreme heat in 2021, according to a new report. Heat exposure in the country led to the loss...
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Valuable waste: NSO report shows cattle dung is more ‘precious’ than fodder -Prabhudatta Mishra
-The Hindu Business Line The gross value of output of dung increased 6.8% to ₹34,825.75 cr in 2019-20 from ₹32,598.91 cr in 2011-12 The gross value of output (GVO) of cattle dung estimated at ₹34,825.75 crore is more than the total value of the fodder that the cattle population consumes. Not only fodder but there are also 128 other items including maize, mustard, onion, potato, eggs, soyabean, tea, coffee and cashew nut...
More »Punjab reports nearly three-fold jump in stubble burning incidents in 9 days
-PTI/ The Hindu Business Line Total number of such cases has touched 2,625 so far this season Punjab has reported a nearly three-fold jump in farm fire incidents in the last nine days, with the total number of such cases reaching 2,625 so far this season. From September 15 till October 10 this year, the state had witnessed 718 stubble burning incidents. According to data from the Ludhiana-based Punjab Remote Sensing Centre, the state...
More »No ‘significant cuts’ expected in Budget Estimate for Central Ministries/Departments -Shishir Sinha
-The Hindu Business Line New accounting mechanism will help govt manage some savings; Revised Estimate for FY23 to be present in Budget for FY24 Initial indications from Inter-Ministerial meetings on the Budget show no significant cuts in allocations for various Ministries. It will be reflected in Revised Estimate (RE). Still, Finance Ministry could get high savings thanks to the new accounting mechanism. Inter-Ministerial meetings to finalise Revised Estimate for Fiscal Year 2022-23 and...
More »Rabi MSP sends wrong signals -Nilanjan Ghosh
-The Hindu Business Line Millets such as ragi deserve higher support prices as they are important for nutrition and water efficiency The CACP recommendations on Minimum Support Prices (MSP) for the mandated six Rabi crops — wheat, barley, gram, lentil, rapeseed and mustard, and safflower — are arrived by considering several factors. These include the cost of production, supply and demand situation of various crops in domestic and global markets, domestic and world...
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