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Inflation, poor monsoon hit consumption in eastern India-Shine Jacob & Nirmalya Behera

-The Business Standard Consumers say they cannot buy branded FMCG items in mobile phones, customers opt for low-end handsets while retaining brand loyalty Last year, Ashok Das, a farmer-cum-fisherman from the small industrial town of Rishra in the Hooghly district of West Bengal, had promised his younger son a branded television. But last year’s bad crop output and this season’s deficient monsoon made him change his plans and finally settle on a...

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Farmers increasingly using Weather insurance to mitigate risks from climate change-Rituraj Tiwari

-The Economic Times NEW DELHI: More farmers are using Weather insurance to mitigate risks from climate change. Top two Weather insurers -- Agricultural Insurance Corporation (AIC) and ICICI Lombard -- say business is growing at 25% annually and now covers more than 200 districts across 21 states. "The growth has been so spectacular over the past five years that as many as 12 million farmers, growing crops on over 15 million hectares...

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Rains: 2009 ghosts haunt govt, says ‘agriculturally’ better placed

-The Indian Express With the overall rainfall deficiency this monsoon tracing the pattern of 2009, when the country witnessed widespread drought over 350 districts, the government Friday said while the situation was a matter of concern, the news “agriculturally” wasn’t as bad as three years ago in most parts. “As of yesterday, the overall rainfall deficiency stood at 21 per cent. Parts of Karnataka, Maharashtra, Western Rajasthan and Gujarat remain regions of...

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Monsoon rains 20% below average in past wk

-Reuters Monsoon rains continued below average in the past week, the Weather office said today, keeping much of India's rain-fed areas still thirsty halfway through the June to September season. Monsoon rains were 20% below average in the week to July 25 after a 22% shortfall the previous week. But the rains improved over rice and soybean growing areas of eastern and central India, data published on the Weather office's website showed. A GoM...

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School becomes Aadhaar centre, so students forced into corridor-Sumegha Gulati

-The Indian Express The students of a municipal school in South Delhi have been shifted out of their classrooms, into the corridors, as the officials of Unique Identification Authority of India (UIDAI) have set up base at the school to implement the Aadhaar scheme. Since May 6, more than 500 students of Class III at the MCD primary school in Sangam Vihar, near Khanpur, have been attending classes in the corridors or...

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