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States advised to add rain shortfall in MGNREGS budget -Ruchika Chitravanshi

-The Economic Times New Delhi: The government has asked 25 states that received less than 75% rainfall during the monsoon to factor in the deficit while preparing the labour budget for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in FY18. According to data analysed by the agriculture ministry, 155 districts in 25 states received less than 75% of the long period average rainfall between June and September 2016. States...

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Marathwada drought man-made, not caused by climate change: Study -Snehal Fernandes

-Hindustan Times Mumbai: The 2015-16 drought in Marathwada was caused not by climate change but poor management of water resources, a study conducted by the Indian Institute of Tropical Meteorology-Pune and the Indian Institute of Science-Bengaluru has revealed. The two institutions analysed 145 years of monsoon rainfall data to arrive at the conclusion. While admitting that the region is prone to droughts, the study states that the magnitude of the last drought could...

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Court drought rap on Maharashtra

-The Telegraph New Delhi: The Supreme Court today pulled up the Maharashtra government for "not taking any interest" although hundreds of children had died of malnutrition in the state's drought-affected regions. "You don't bother when people die of malnutrition because you think it is a small figure in a country with a large population," a bench of Justices Madan B. Lokur and N.V. Ramana told a lawyer who appeared for the BJP-led...

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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...

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Why has inflation moderated in India? -Sajjid Z Chinoy

-Livemint.com Contrary to popular perception, it’s not because of good luck or necessarily a large growth sacrifice; policymakers deserve more credit than they get One of the most visible macroeconomic successes in India over the last three years has been the sustained moderation of headline consumer price index (CPI) inflation. CPI (industrial workers) averaged 9.5% for six years between 2007 and 2013. For the last 30 months, however, it has averaged...

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