-The Hindu Aberrations in monsoon behaviour are not uncommon. What is new is the difficulty in forecasting caused by factors coming under the generic title, ‘Climate change.' Forecasts by the South Asian Climate Outlook Forum and the India Meteorological Department indicate that the south-west monsoon rainfall may be deficient. Also, there is a possibility of the evolution of an El Niño event during June to September. There is a 45 per cent...
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Sharp rise in FAO Food Price Index
-FAO Rome: The FAO Food Price Index rose sharply in March, up 4.8 points, or 2.3 percent, to an average of 212.8, the highest level since May 2013. "The Index was influenced, as expected, by unfavourable weather conditions in the US and Brazil and geopolitical tensions in the Black Sea region," said Abdolreza Abbassian, FAO Senior Economist. These and other influences are reviewed in greater detail in the AMIS Market Monitor report, the...
More »Global food prices hit 10-month high in March-Dilip Kumar Jha
-The Business Standard Unfavourable weather conditions in US, Brazil; reduced supply on geopolitical tensions supported move, to ease soon Global food prices rose sharply to hit a 10-month high in March, following a 2.3 per cent rise in the prices of agricultural commodities brought on by unfavourable weather conditions in the United States and Brazil, coupled with geopolitical tensions in the Russian region. While the global commodity price rise opened an opportunity for...
More »The poor without the benefits-Parkash Chander
-The Hindu Restricting the price subsidy to Coarse Grains alone will not only work better from both fiscal and equity points of view but also weaken the incentives for graft The National Food Security Act (NFSA), passed recently by Parliament, offers 5 kg per person a month of cereals at highly subsidised prices to more than the bottom two-thirds of the population. It has been rightly hailed as the largest welfare programme...
More »States to Focus on Availability of Fertilizers, Seeds, Credit for The Coming Kharif
-Press Information Bureau (Ministry of Agriculture) The two-day National Conference on Agriculture for Kharif Campaign has come out with detailed strategy for maximising crop production during the coming kharif season. The focus will be on ensuring timely availability of fertilizers and quality seed and also sufficient credit to farmers. Based on inputs from States and the Fertilizer Ministry, it is established that sufficient quantities of fertilizers and seeds are available in...
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