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A timely start to rains matters more to agrochemical firms than quantity -R Sree Ram

-Livemint.com Delayed or erratic rains typically impact sowing and make farmers miss the application of agrochemicals, which the companies dread the most Stocks of agrochemical firms have reacted uncertainly after the forecast of below-par Monsoon by the India Meteorological Department. While Insecticides (India) Ltd and Dhanuka Agritech Ltd have held up well, gaining 1-4%, Rallis India and Excel Crop Care Ltd lost 2-3%. The mixed mood stems from the fact that the...

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Confronting kharif 2015 - Indira Rajaraman

-Livemint.com The prospect of weak Monsoon is never good news, but this time it comes on top of a rabi harvest destroyed by unseasonal rainfall, and a spate of farmer suicides The prospect of a sub-normal Monsoon is never good news, but this time it comes on top of a rabi harvest destroyed by being rained on at the wrong time, and a spate of farmer suicides. The only option is...

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Deepening agrarian crisis endangers food security

A recent press release from the Ministry of Agriculture shows that the area affected by recent rains and hailstorms is estimated to be 189.81 lakh hectares (on 24 April 2015), which is nearly double the total area affected that was earlier estimated on 16 April 2015. (See the link below). Experts argue that such extreme weather events may severely damage food economy of the nation, apart from breaking the spirit...

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Polythene-lined ponds to rescue farmers from unseasonal rains -Sowmya Aji

-The Economic Times BENGALURU: To fend off an agrarian crisis similar to the one sweeping across parts of north India and prevent farmer suicides, Karnataka has begun to implement a scheme to Monsoon-proof the farmer that could turn out to be a national solution. About 35,000 farmers across the state's 175 taluks are implementing the pilot programme by setting up polythene-lined water storage ponds in their fields to prevent water seep age...

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Too early to say deficit Monsoon to hit rural lending -Abhijit Lele

-Business Standard A clear picture is likely to emerge only towards the end of June Mumbai: Rural distress owing to heavy unseasonal rains in March and the prospects of less-than-normal Monsoon have made bankers “a cautious lot” at the start of this financial year. However, it is too early to conclude that the impact of rains, or the lack of it, would be bad. According to public sector bank executives, the assessment for...

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