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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...

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Growth and reforms only way to reduce poverty -Mrityunjay Kumar

-Niti Central According to a report, the Rangarajan committee has retained consumption expenditure as the basis for determining poverty according to which the total number of poor in the country at 36.3 crore or 29.6 per cent of the population. After much public outcry over the UPA's poverty line, another expert panel headed by veteran economist C Rangarajan has come up with a report recommending that those who are spending more than...

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Record Production of Foodgrains & Oilseeds in 2013-14

-Press Information Bureau/ Ministry of Finance The agriculture sector will see a record production of foodgrains and oilseeds in the year 2013-14, according to the Economic Survey for 2013-14, released in New Delhi today. As per the third Advance Estimates, the production of foodgrains is likely to touch a record output of 264.4 million tones (mt) in 2013-14 showing an increase of 2.88% over the previous year. Similarly, oilseeds are likely...

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Anna Bhagya, a success story in Mysore -Shankar Bennur

-The Hindu Quantum of rice distributed meets our food requirements, say beneficiaries Mysore (Karnataka): Below the poverty line cardholders Honnamma, Nagarathna and Parvathamma are univocal in their support for Anna Bhagya, the flagship programme of the State government. The scheme has guaranteed food for their families at a subsidised cost, they say. The quality of rice distributed (at Re. 1 a kg) under the scheme is better than that distributed earlier at Rs....

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Rajasthan plans to sell onion, potato, pulses through PDS shops

-PTI The state government would take urgent measures against hoarding of essential commodities, said the CM Jaipur: To check inflation and rise in prices of essential commodities, Rajasthan Chief Minister Vasundhara Raje has asked the food and civil supply department to come out with a plan to sell onion, potato and pulses through Public Distribution System (PDS) at low price in the state. The state government would take urgent measures against hoarding of...

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