-Livemint.com The agriculture sector continues to be at risk from climate variability, be it drought or excessive rainfall Unseasonal rains and hailstorms in March and April caused severe damage to more than 10 million hectares of wheat, mustard, potato and other rabi crops. Independent estimates project damages to be as high as Rs.65,000 crore. In Haryana alone, standing crops in over 1.7 million hectares of land were affected. Unexpected rainfall late...
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Surplus pre-monsoon falls ease monsoon worries, for now -Zia Haq
-Hindustan Times Good pre-monsoon showers— which have been either surplus or normal in nearly half of the country— have come as a boost for a crisis-ridden farm sector, bolstering prospects of sowing and easing some of the government’s worries. The showers, aided by seasonal storms, have been sufficient to meet farmers’ requirements for planting key summer crops, prompting millions to head out to fields across states. The rains have replenished 81 “nationally...
More »If it doesn’t rain -Shweta Saini & Ashok Gulati
-The Indian Express We need a contingency plan that combines real-time technology with robust insurance and easy credit. On April 22, 2015 the Indian Met Department (IMD) released its first forecast for the upcoming monsoon rains, saying it is likely to be below normal, at 93 per cent of the long period average (LPA). Only a week before that, on April 15, a private forecaster, Skymet, had predicted normal rains (102...
More »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...
More »If you want to help the farmer -Vani S Kulkarni, Katsushi S Imai and Raghav Gaiha
-The Indian Express As the toll of human misery and suicide mounts, official estimates of farm losses due to unseasonal rains and hailstorms in March remain controversial, with hasty downward revision. Since these estimates are largely notional, without validation from field visits, such revision smacks of deliberate fiddling. On March 24, the agriculture ministry reported that crops on 18 million hectares — about 30 per cent of the rabi crops —...
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