-Livemint.com With barely weeks left for the to begin its retreat, it is emerging that India will close the year with a deficit much higher than what was initially forecast  Another year and another bad monsoon. What were the odds? The India Meteorological Department (IMD) forecast this year’s monsoon—like last year—to be below normal. At that time, we all hoped that the IMD had got it wrong—the economy was on the...

-The Statesman It's the same story every year. Heavy rains, huge volume of water spilling over the water channels and mismanagement of rivers in spate, leading to heavy floods inundating large parts of India. This year too the story is no different. Even as this article goes to print, Assam, West Bengal, Manipur, Odisha, Gujarat and Rajasthan almost a third of India is either facing floods or coping with a trail...

-Livemint.com The two weather agencies have had different forecasts for this year’s monsoon since April For once, the state-run forecaster India Meteorological Department (IMD) and private weather forecaster Skymet Weather Services Pvt. Ltd are on the same page: Rainfall in August will be below normal. The two weather agencies have had different forecasts for this year’s monsoon since April. Recently in August, while IMD reiterated that monsoon this year will be deficient,...

-India Infoline News Service   Mumbai: Efforts at the central and state government level to improve rural infrastructure, food distribution and non-agricultural employment opportunities are credit positive because, if sustained, they are likely to lower the credit challenges that India's vulnerability to drought poses. Moody's Investor's Service says that although India (Baa3 positive) may avoid drought this year, its economy remains vulnerable to future droughts or fluctuations in rainfall, and its sovereign credit...

-The Times of India JAIPUR: Eight villages in the arid regions of western Rajasthan are fast progressing towards sustainable development by venturing into growing Shankhpushpi, a medicinal herb which is scientifically proven to enhance memory and brainpower. Situated in the arid region with Annual rainfall less than sufficient even for one crop in a year, the farmers grows traditional crops Bajra, Guar and Moth that have less commodity value. Until recently, they...