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IMD monsoon forecast showers Indian economy with cheer -Srishti Choudhary & Sayantan Bera

-Livemint.com Rainfall will be 97% of the 50-year average with a 54% probability that rains will be normal to above normal, IMD said in its first stage, long-range monsoon forecast New Delhi: Rainfall is likely to be normal during the June-to-September southwest monsoon season, the government’s weather office said on Monday. “For the third consecutive year, India will have a normal monsoon. There is very less probability of experiencing a deficit monsoon. We...

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MSP for Jowar: At 150% of cost, it will distort market price -Prabhudatta Mishra

-Financial Express If the government implements the assured minimum support price at one and a half times the production cost, as promised, it would jack up consumer prices of jowar and distort the market dynamics of the “poor man’s cereal”. Besides, the measure would also dampen exports, analysts warn. At 150% of the cost (A2+FL), the MSP for jowar for the next season could be at least 37% higher than the...

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As labour-intensive sectors take a hit, exports dip in March

-The Hindu Business Line Trade deficit widens as imports rise; exporters worried about future New Delhi: A fall in exports of gems & jewellery, petroleum products, readymade garments and farm products pulled down India’s overall exports (year-on-year) by a marginal 0.6 per cent to $29.11 billion in March 2018. Exporters are worried as several of the sectors that have taken a hit are labour-intensive, which they say is due to liquidity problems. Exports, however,...

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From Plate to Plough: The right agri-support -Ashok Gulati & Tirtha Chatterjee

-The Indian Express Schemes to ensure that farmers get fair returns will come a croppper unless trade and tariffs are synced with minimum support prices. With farm prices of several commodities falling way below their minimum support prices (MSPs) in 2016-17 and 2017-18, farmers have been under increasing stress. The Centre and several state governments are searching for ways and means to support farmers. In his recent address (Mann ki Baat), the...

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Only 18% of Maharashtra's cropped area is irrigated; we should not be surprised at the distress -Siraj Hussain

-ThePrint.in It is nobody’s case that problems of agriculture can be fixed by soil health cards, loan waivers, crop insurance or e-NAM. The five-day long march of 30,000 farmers from Nashik to Mumbai has touched a chord with urban India. Even though some said they were implementing the agenda of ‘urban Naxalites’, the pictures of poor tribals and farmers, men and women, old and young, walking in heat, many without shoes, will...

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