-The Financial Express Though food inflation could be lower than last year's 11.1%, fruit and vegetable prices remain the pressure points. Concerns over monsoon have diminished a lot in recent weeks because of four positive developments. First, rainfall deficiency has reduced sharply from a century-high of 45% for June to 17% as on August 18. Second, sowing has caught up significantly from 40% below normal in mid-July to just 2.3% below normal...
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Monsoon continues to be weak across most parts -Sanjeeb Mukherjee
-The Business Standard According to the department of agriculture, there were chances of an agriculture drought in about 35 districts across the country The southwest monsoon is continuing its weak run. For the week ended Thursday, it was 25 per cent below normal. This was a consecutive week when rains have been below-normal. A few parts of north India, however, recorded floods due to heavy rain in the Himalayas. According to a real-time assessment...
More »Diesel & wages to push up food inflation -Mayank Mishra
-The Business Standard A delayed monsoon has forced farmers in Western UP to use alternative sources of irrigation, incurring 25-30% extra costs Saharanpur/Muzaffarnagar (UP): If the latest inflation reading at eight per cent, largely fuelled by near double-digit food inflation, has left us worried, get ready to pay even more for food in coming months. Though the monsoon deficit has reduced to only 17 per cent, the rise in input cost...
More »Govt sets up high-level committee to restructure FCI -Sayantan Bera
-Live Mint The eight-member committee, headed by former food minister Shanta Kumar, will submit its report in three months New Delhi: India's ministry of consumer affairs, food and public distribution on Wednesday created a committee to recommend ways to restructure Food Corporation of India (FCI), which it says is plagued by functional and cost inefficiencies. The eight-member committee will be chaired by Shanta Kumar, Bharatiya Janata Party (BJP) member of Parliament from...
More »Cradle. Now, grave -Soumik Dey
-The Week Manorama Online Broken hearts float down the Bhakra Main Line canal. Broken by the endless struggle with the land, with the weather, with the creditor. Broken by broken promises, broken by the honour they lost, broken enough to kill themselves. And, at the sluice gate at Khanauri village they slow down, looking up with unseeing eyes. And, from the bridge across the canal, the beating hearts they broke look...
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