-The Financial Express Though food inflation could be lower than last year's 11.1%, fruit and vegetable prices remain the pressure points. Concerns over monsoon have diminished a lot in recent weeks because of four positive developments. First, rainfall deficiency has reduced sharply from a century-high of 45% for June to 17% as on August 18. Second, sowing has caught up significantly from 40% below normal in mid-July to just 2.3% below normal...
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Commodities price ease as monsoon advances -Suresh P Iyengar
-The Hindu Business Line Edible oil, sugar prices drop sharply as rainfall deficit shrinks to 19% Mumbai: With the monsoon deficit shrinking and the Government keen to crack down on hoarders, prices of most essential commodities such as edible oil, sugar and wheat are showing signs of softening in the wholesale market. After a lacklustre start, the South-West monsoon has recovered since mid-July. The rainfall deficit has shrunk to 19 per cent currently.....
More »How Much Can We Forgo To India Inc? -P Sainath
-Outlook India To the social subsidy whiners, please check corporate write-offs column The TV anchor asked eagerly of Arun Jaitley whether he would take hard decisions or, in the case of a bad drought, revert to loan waivers and (obviously wasteful) subsidies. The finance minister replied that it depended on the situation as it unfolded but he hoped he wouldn't have to return to such steps. "We hope so too," said...
More »Over 50 per cent sowing of paddy for kharif season done in Chhattisgarh
-PTI RAIPUR: Over 50 per cent sowing of paddy crop has been completed for the current kharif season in Chhattisgarh where agriculture experts have advised farmers to cultivate of short and medium duration varieties of rice. Sowing for paddy crop has been carried out on 19.34 lakh hectares of land so far against the proposed target of 36.42 lakh hectares in the state, known as rice-bowl of the country, an agriculture department...
More »Why this apathy? -Devinder Sharma
-Deccan Herald It is difficult to understand why Indian farmers continue to be ignored. With a meager outlay every year, Indian farmers have been producing a bountiful harvest. If only agriculture was to be injected with the much need economic stimulus package, I am sure the Indian farmers can flood the country with food, fruits and vegetables. India can certainly emerge as one of the biggest exporters of agricultural commodities. In...
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