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Why higher govt spending is crucial to contain rural distress

-FirstPost.com Even as the Narendra Modi government has been making claims that India’s rural economy has gained pace under his rule, empirical evidence suggests that the health of country’s rural economy may not have improved much on account of declining or stagnant income levels. The situation, experts say, is unlikely to change in the near future as there are low chances of a revival in rural income generation. A survey by brokerage...

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Well-stocked granaries may help hold rice price line, says trade body -Vikas Vasudeva

-The Hindu But an Assocham study has warned of an increase in prices Amid concern that the price of rice may be next to shoot up after those of pulses and onion, trade bodies put forth divergent views. V.S. Sethia, former president and currently a governing council member of the All-India Rice Export Association, told The Hindu that apprehensions of a sharp rise in rice price were baseless as ample stock of regular...

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Inflation in prices of pulses sharpest in a decade: Crisil -Sayantan Bera

-Livemint.com Supply constraints due to lower output, higher demand on increasing incomes behind spike in prices, says report New Delhi: Inflation has come down sharply this year alongside a softening in food prices, but the rise in the prices of pulses—the second most important part of the Indian diet after cereals—has been the sharpest in a decade, Crisil Research said in a report on Monday. Retail and wholesale inflation were at 42%...

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Drought impact: Odisha to encourage non-paddy cultivation

-PTI Bhubaneswar: With about 14 per cent less rainfall pushing the state into drought, Odisha government today decided to encourage farmers to go for non-paddy cultivation during the coming Rabi season to compensate for crop loss in Kharif season. "Since water levels at reservoirs have dropped due to deficient rainfall, farmers will be encouraged to grow non-paddy crops. Inputs will be provided to farmers by the government and we will inform all...

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Farmers face fourth failure: Dry spell hits dal, wheat crop -Harish Damodaran

-The Indian Express Farmers have so far sown only 38.91 lakh hectares (lh) under pulses in the current rabi season from October. Dry weather extending to the post-monsoon period has led to reduced plantings of most rabi crops, raising the prospect of a fourth consecutive harvest failure for farmers and also making it more difficult for the RBI to slash interest rates. Farmers have so far sown only 38.91 lakh hectares (lh)...

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