-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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Diesel & wages to push up food inflation -Mayank Mishra
-The Business Standard A delayed monsoon has forced farmers in Western UP to use alternative sources of irrigation, incurring 25-30% extra costs Saharanpur/Muzaffarnagar (UP): If the latest inflation reading at eight per cent, largely fuelled by near double-digit food inflation, has left us worried, get ready to pay even more for food in coming months. Though the monsoon deficit has reduced to only 17 per cent, the rise in input cost...
More »Scientists suggest smart farming
-The Telegraph Shillong: Scientists have urged farmers in Meghalaya to adopt "climate-smart agriculture" by adhering to recommended climate change mitigation strategies as various parts of the Northeast are facing a drought-like situation because of global warming. An awareness-cum-training programme on Contingency Plan for Drought-like Situation was held recently at the Indian Council of Agricultural Research (ICAR) for the northeastern region in Umiam under the National Initiative on Climate Resilient Agriculture project. According to...
More »Monsoon, a key driver of Indian economy -Naveen Mathur
-The Hindu Business Line Below normal rainfall will result in agricultural production declining India, predominantly an agriculture-based economy, is largely dependent on the monsoon. The agriculture sector is the backbone of the Indian economy and thus, monsoon should be considered as the backbone of agriculture. The four-month South-West monsoon season, accounts for nearly 75 per cent of the country's total rainfall and plays a crucial rule as about 55-60 per cent of...
More »Agriculture sector: Challenges & Reforms Required
-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 released in New Delhi today has highlighted several challenges and reforms required in the agriculture sector. The Economic Survey states that as a concomitant of growth, the share of agriculture and allied sector in gross domestic product (GDP) declined to 15.2% during the Eleventh Plan and further to 13.9% in 2013-14 (provisional estimates-PE). While it still accounts for about 54.6% of...
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