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Pulses farmers' profit falls sharply in 2016-17 due to adverse govt policies, record harvest: CRISIL -Sayantan Bera

-Livemint.com Average profit margin of farmers on all pulse varieties except gram (chickpeas) fell by 30% in 2016-17 year-on-year due to a record harvest and adverse government policies, said the CRISIL report New Delhi: The profitability of poor farmers in India who are dependent on rain-fed irrigation and grow pulses fell sharply during 2016-17 due to a record harvest and adverse government policies, said a report released on Monday. Average profit margin of...

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No feel for the pulse -Ashok Gulati & Smriti Verma

-The Indian Express Prices crashed last year because there was a glut in imports during a year of record production. Government has not corrected the policy snags that led to this anomaly. Pulses are an interesting and unique commodity group in the Indian agri-food space. The country ranks first not only in their production and consumption, but also their import. Domestic absorption in recent years (2012-13 to 2015-16) has hovered between 21...

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This year's floods worst in a decade -Subodh Varma

-The Times of India NEW DELHI: As the monsoon prepares to recede, India faces a mammoth recovery task from the worst floods in a decade. Over 3.4 crore people across 280 districts have been affected by floods that left more than 1,000 dead. Very preliminary estimates indicate that over 3 lakh hectares of crops, mainly paddy, have been destroyed. Over 8 lakh homes, mostly kachcha units have been damaged or destroyed. An...

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Economy outlook still cloudy -Ajit Ranade

-The Hindu An immediate stimulus is needed to regain the momentum to get India back to 8% growth The government’s move this past week to publish economic data for the April to June quarter of this year needs a look. The real growth of GDP, i.e. after removing the impact of inflation, was only 5.7%, much lower than expected. For the past six consecutive quarters, the growth rate has gone down steadily,...

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August rains revive kharif sowing in parched Karnataka -Sandip Das

-The Financial Express More than ‘normal’ rainfall in the last three weeks in 11 districts of south-interior Karnataka, which received scanty rains in the first two months of monsoon season (June-July), has helped revive kharif sowing activities to a large extent. According to the Karnataka State Natural Disaster Monitoring Centre (KSNDMC), the quantum of rainfall in August so far in these districts, including Mandya, Mysuru, Chitradurga and Bengaluru, has been 95...

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