-Business Standard Govt takes stock of pulses situation in wake of weak rains The Cabinet might discuss increasing the minimum support price (MSP) of kharif crop for the 2015-16 season at a meeting expected to be held on Wednesday. Officials said the Commission for Agriculture Costs and Prices (CACP) had recommended Rs 50 a quintal increase in paddy MSP for the 2015-16 season and the agriculture ministry favoured this. But a higher increase of...
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Govt to import pulses to check prices; crackdown on hoarders
-PTI NEW DELHI: To check rising price of pulses, the government on Wednesday said it will import lentils in large quantities to boost supply and also asked states to take action against hoarders. In a meeting chaired by Prime Minister Narendra Modi, the Cabinet expressed concern over rising prices and decided to increase imports, among other measures. Pulses prices have risen by up to 64% in the last one year as the domestic...
More »Farm sector: In focus -Renu Kohli
-Livemint.com In summary, it is hard to escape the macroeconomic consequences of an agriculture shock, notwithstanding fluctuation-smoothing strategies The Monsoon forecast, close on the heels of the Reserve Bank of India’s (RBI) monetary policy review, has turned all eyes to the farm sector. If the actual out-turn matches the India Meteorological Department’s (IMD) predictions — seasonal rainfall at 88% of the long-period average (LPA) for 2015 — it would be on...
More »Monsoon in India: Rain deficit to hit several crops -Banikinkar Pattanayak
-The Financial Express The Narendra Modi government has pledged to employ all machinery at its disposal to deal with a second straight year of deficient Monsoon. The Narendra Modi government has pledged to employ all machinery at its disposal to deal with a second straight year of deficient Monsoon and denied an impending distress in the vulnerable pockets of the country, but a dispassionate look at the ground situation would show there...
More »Is tardy Monsoon a cause for worry? -Vinson Kurian
-The Hindu Business Line A short delay does not impact sowing as there is a sufficient window The onset of Monsoon over Kerala has been less than reassuring. Not only is it late by five days compared with the normal date of June 1, but it has also failed to arrive in the eight-day window set around the median of May 30. The conspicuous lack of flourish has led many to doubt...
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