-The Indian Express Economy Govt drafts plan to boost farming, allied sectors with Central fund. Kolkata: To boost the state’s economy, the Trinamool Congress government has set up an ambitious target of 8 per cent growth rate in agriculture and allied sectors for the next fiscal year. The current growth rate in agriculture is a mere 2.6 per cent. A draft proposal prepared by the Agriculture Department on the ways to achieve the...

-The Business Standard Despite a marked improvement in the southwest monsoon, Agriculture Minister Sharad Pawar on Wednesday said production of coarse cereals, pulses, oilseeds and rice, to some extent, would be less than last year. For sugar, the cane area is more. But, Pawar said, some drop in production can be expected as farmers in Karnataka and Maharashtra have diverted a sizeable portion of standing crop towards fodder. Announcing the second relief package...

-The Business Standard Cautious optimism about the revival of the monsoon  A progressive improvement in the monsoon, after a dismal June that saw rainfall deficient by over 30 per cent, has eased some worries over kharif crop production. Since then the rainfall deficit has been halved to 15 per cent, dispelling fears of a situation as bad as in 2009, when severe drought lowered foodgrain production by seven per cent. In addition,...

-PTI Poor monsoon continues to put pressure on prices of staple vegetables, including tomato and potato, and could further push up retail inflation which is hovering above the double-digit mark. Rates of key veggies are yet to show signs of coming down compared to mid-July due to supply constraint as a result of deficient rainfall across the country. According to IMD, the country has witnessed 19 per cent rain deficiency during the season...

-PTI The bank deposits of Himachalis stood at about Rs 50,000 crore but the state is under huge debt, according to a state Finance Ministry official. The percentage of people keen on increasing their savings was 75 per cent in the state while it was 33 per cent in the country, the official said. The increase in income of farmers from horticulture, off season vegetables, milk, animal husbandry and poly houses and fat...