-Live Mint The kharif crop may improve by 8.1% to 135 million tonnes, after falling by 2% last year due to weak monsoon Foodgrain production in India's kharif season, the summer crop, is estimated to increase by a little more than 8% this year on expectations of normal monsoon rains, boosting hopes of a recovery in Asia's third largest economy and a decline in food price Inflation. The kharif crop may improve by...
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Monsoon may hit Kerala on June 3 -Vishwanath Kulkarni
-The Hindu Business Line The South-West Monsoon is likely to hit the Kerala coast on June 3 this year, the Indian Meteorological Department (IMD) said on The South-West Monsoon is likely to hit the Kerala coast on June 3 this year, the Indian Meteorological Department (IMD) said on Wednesday. The onset forecast has an error margin of four days, IMD said in a statement. The normal onset of monsoon over the Kerala coast...
More »CAG report shows why food security will be a disaster-Vivek Kaul
-Firstpost.com On 7 May, the Comptroller and Auditor General (CAG) of India presented to Parliament a Performance Audit of Storage Management and Movement of Foodgrains in Food Corporation of India. This report has gone largely unreported in the media, given that it does not contain any big number running into lakhs of crores like previous reports of the CAG did. But it clearly explains why the government of India is in no...
More »The great jobs disaster-CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line In much of the discussion on the turnaround after the Great Recession, attention has been focused on financial consolidation and the halting return to growth. Far less attention has been paid to the persistence of high and even rising unemployment and its sources. In the desperate search for evidence that the global recession has bottomed out and the recovery has arrived, the story told by the long-term trend...
More »CPI Inflation hits 13-month low, slows to 9.39 per cent in April
-CNN-IBN New Delhi: After better than expected industrial production numbers, which came at 2.5 per cent for the month of March, Inflation has also hit a 13-month low. Consumer Price Index for the month of April is at 9.39 per cent against 10.39 per cent in March. Rural Inflation was also seen going down at 9.16 per cent as compared to 10.41 per cent in March. Food prices for consumers rose an...
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