-IANS LUCKNOW: As many as 50 of the 75 Uttar Pradesh districts have been declared drought-hit, an official said on Thursday. The revenue collections in the affected districts would remain suspended till March 31, 2016, the official added. The decision was taken by chief minister Akhilesh Yadav after assessing detailed district-wise report of the drought situation. Among the districts declared drought-hit are Faizabad, Jhansi, Sant Ravidasnagar, Lucknow, Allahabad, Mirzapur, Ballia and Ghaziabad. Extensive relief measures...
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Lower-cost crop cover on cards
-The Financial Express A new crop insurance scheme the Modi government is set to roll out shortly seeks to cap the premium paid by farmers at about 3% of the insured value. A new crop insurance scheme the Modi government is set to roll out shortly seeks to cap the premium paid by farmers at about 3% of the insured value, cover a substantial part of the country’s farmland and crop output...
More »Keeping a finger on the pulse economy -Yoginder K Alagh
-The Tribune To ensure stable prices of pulses and attractive returns for producers, policies of domestic prices and tariffs should blend. Import duties must be calibrated with demand. As the Indian economy grows at a rate of 7 per cent plus, assuming low growth as an aberration, the food basket will diversify. Within grains, the movement will be to pulses as shown by the expert group on pulse production. The yield and...
More »Pulses buffer stock plan hits quality wall -Sandip Das
-The Financial Express The plan to build a buffer stock of pulses, akin to such facilities for rice and wheat, has run into a hurdle after the agriculture ministry insisted that only lentils that meet the Food Safety and Standards Authority of India. The plan to build a buffer stock of pulses, akin to such facilities for rice and wheat, has run into a hurdle after the agriculture ministry insisted that only...
More »Inflation in prices of pulses sharpest in a decade: Crisil -Sayantan Bera
-Livemint.com Supply constraints due to lower output, higher demand on increasing incomes behind spike in prices, says report New Delhi: Inflation has come down sharply this year alongside a softening in food prices, but the rise in the prices of pulses—the second most important part of the Indian diet after cereals—has been the sharpest in a decade, Crisil Research said in a report on Monday. Retail and wholesale inflation were at 42%...
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