-The Times of India HYDERABAD: In a major policy shift that could shape the future of agriculture in Telangana, the government on Wednesday said it was getting ready to grow dry crops such as ragi and bajra in view of an impending drought after the killer heat wave in the region. Unseasonal rains in MarchApril had damaged Rabi crops in 75,000 hectares across nine districts of the state, forcing the government to...

-Business Standard Odisha govt readying contingency Bhubaneswar: The Odisha government has asked all district collectors to submit contingency plan proposals for agriculture sector after an India Meteorological Department (IMD) forecast said there will be less than normal monsoon rains this year. "All district collectors have been asked to submit contingency proposals for their areas to the agriculture department keeping in view their geography and resources after consulting the respective zonal DDAs (deputy...

-The Financial Express The NITI Aayog must firm up a concrete plan involving the states to deal with monsoon deficiency to avoid all-round confusion. This is an old and oft-repeated story in the media, but worth mentioning here for the readers who have missed it. It goes like this. During the period of erstwhile Planning Commission, one of the officials in-charge of projecting agricultural growth found out an innovative way to do...

-Business Standard Interest subvention, crop insurance on the cards The finance ministry is working on a plan to increase the number of workdays in the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) from 100 a year per person per household to 150 in areas receiving low monsoon rain. The government might also provide interest subvention and crop insurance in drought-affected regions through the e-Financial Management System (eFMS). “Since the eFMS contains the data...

-Livemint.com In summary, it is hard to escape the macroeconomic consequences of an agriculture shock, notwithstanding fluctuation-smoothing strategies The monsoon forecast, close on the heels of the Reserve Bank of India’s (RBI) monetary policy review, has turned all eyes to the farm sector. If the actual out-turn matches the India Meteorological Department’s (IMD) predictions — seasonal rainfall at 88% of the long-period average (LPA) for 2015 — it would be on...