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Trajectory of distress: From farm to factory

-The Economic Times Blog Two apparently unrelated events — a sharp fall in factory output growth and a spike in consumer price inflation —point to deep problems underlying the economy. September industry growth fell to 3.6%, the lowest in four months. Meanwhile, the consumer price index (CPI) went up to 5% in October, higher than the consensus estimate of 4.8%, headed north for the third successive month. The rise in prices is driven...

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For drought-hit farmers, higher compensation still a pittance -Sanyantan Bera

-Livemint.com The govt did increase compensation for crop damage to 50% and even relaxed norms for claims but farmers will get less than a fifth of what they have lost to drought New Delhi: In April, Narendra Modi announced an increase in compensation for crop damage, a move the prime minister termed as a landmark decision and one that will impose a great burden on his government. His announcement followed unseasonal...

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Smog envelopes NCR, air quality falls as Punjab farmers burn paddy -Amit Bhattacharya

-The Times of India NEW DELHI: Uncontrolled burning of paddy stubbles by Punjab farmers appears to be again putting the health of residents in the National Capital Region at risk, with Delhi's air quality falling sharply in the past two days even as farm fires peak in Punjab. Since Saturday, Delhi's air quality index has dramatically dropped by 60-80 points and is now inching towards the 'very poor' zone, when children are...

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‘State's paddy less affected by drought’

-The Pioneer Raipur: Chhattisgarh the rice bowl of India has managed to maintain stable paddy production this year despite drought conditions prevailing in several districts of the State. The Indira Gandhi Agricultural University (IGAU) Scientists claim that except rainfall dependent fields which were devoid of showers, other regions in the State have continued to maintain the ‘good old agricultural standards’. “It is appreciable to notice that paddy farming had been carried out in...

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Madhya Pradesh declares drought in 35 districts, seeks Rs2,400 crore aid -Sayantan Bera

-Livemint.com State seeks Rs300 crore more for drinking water supply and Rs750 crore for waiving off interest payments on loans New Delhi: Madhya Pradesh has declared 35 out of 51 districts in the state as drought affected and sought an initial central assistance of Rs.2,400 crore, indicating deepening rural distress. Karnataka, Maharashtra and Odisha have already declared parts of their state as drought affected. Madhya Pradesh finance minister Jayant Malaiya and agriculture minister...

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