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India's vulnerability to drought poses credit challenges: Moody's

-India Infoline News Service   Mumbai: Efforts at the central and state government level to improve rural infrastructure, food distribution and non-agricultural employment opportunities are credit positive because, if sustained, they are likely to lower the credit challenges that India's vulnerability to drought poses. Moody's Investor's Service says that although India (Baa3 positive) may avoid drought this year, its economy remains vulnerable to future droughts or fluctuations in rainfall, and its sovereign credit...

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Herb cultivation benefits western Rajasthan farmers -Shoeb Khan

-The Times of India JAIPUR: Eight villages in the arid regions of western Rajasthan are fast progressing towards sustainable development by venturing into growing Shankhpushpi, a medicinal herb which is scientifically proven to enhance memory and brainpower. Situated in the arid region with annual rainfall less than sufficient even for one crop in a year, the farmers grows traditional crops Bajra, Guar and Moth that have less commodity value. Until recently, they...

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Monsoon deficient by 9% so far, uneven spread a worry -Zia Haq

-Hindustan Times India’s June-September monsoon has been deficient so far and quite uneven in its spread, with the rain-bearing system entering a phase that will largely determine whether the country can escape a drought for the first time in six years.   Overall, rains have been 9% lower than normal, with sharper deficits in some areas. Rainfall during August-September, the remaining two months of the rainy season, would be poor at 84%, the...

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Karnataka farmer suicide rate hits highest in a decade -Nidheesh MK

-Livemint.com A total of 158 farmers killed themselves in July in the state, bringing this year’s toll of farmer suicides to 197, the most since 2003 Bengaluru: The farmer suicide rate in Karnataka has hit the highest level in a decade, highlighting agrarian distress in the state. A total of 158 farmers killed themselves in July alone in the state, government data showed, bringing this year’s toll of farmer suicides to 197,...

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Slimming Down -Sudha Pillai

-The Indian Express   Reduce Centrally sponsored schemes, specify their objectives and timelines.    A Niti Aayog taskforce chaired by Madhya Pradesh Chief Minister Shivraj Singh Chouhan has apparently recommended that 25 per cent of the funds under Centrally sponsored schemes (CSS) be made available to states as untied monies. If this recommendation is accepted, states would receive a total of Rs 42,000 crore during 2015-16 itself. This recommendation should be viewed in...

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