Owing to floods and incessant rains in northern India's Haryana, crops have been badly affected due to which the prices of the vegetables have gone up. Though the floods have receded in some parts of the area but large swathes of crops have been washed away. The wholesale rate for tomato has gone as high as Rs 40/kg, while the retail rate in some markets has reached Rs 60/kg. "Due to incessant rain...
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Unfortunate though it may seem, many Indians only identify with Ladakh because of the popularity of Three Idiots and the progressive school there which Aamir Khan has now gone to assist. We tend to forget that it is part of Jammu and Kashmir because the unrest in the valley obscures everything else. Ladakh is often described as a cold desert, with scanty rainfall, which is why Leh and its environs were...
More »World Bank okays $220 mn for Kosi flood rebuilding
The World Bank has approved a $220 million credit to support rebuilding efforts in areas affected by the devastating Kosi floods in Bihar. The Bihar Kosi flood Recovery Project will finance flood recovery efforts through the reconstruction of about 100,000 houses, 90 bridges and 290 kilometres of rural roads, the World Bank said in a statement. It also aims to reduce future oriented risks by strengthening flood management capacity, restoring livelihoods...
More »flood fears in Delhi as Yamuna river overflows
Thousands of people have been evacuated from low-lying areas near the Yamuna river in the Indian capital, Delhi. The city is battling renewed flood fears as water levels in the Yamuna have crossed the danger mark. Incessant rainfall and release of water from the Hathnikund barrage upstream in Haryana state have raised the level of the river, officials say. In late August too, the river touched the danger mark after days of heavy...
More »Volatile wheat prices are as much a cause for alarm as are high prices
FEW rural pleasures match seeing a golden field of grain, rustling and ripe for reaping. But the harvest season in the northern hemisphere is being marked by turmoil on global wheat markets. A big reason is to be found in one of the world’s largest wheat exporters, Russia. Hit by fires and drought which have wiped out a third of the grain crop, the authorities there have banned exports, first temporarily...
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