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Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar

-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...

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Over 50 per cent sowing of paddy for kharif season done in Chhattisgarh

-PTI RAIPUR: Over 50 per cent sowing of paddy crop has been completed for the current kharif season in Chhattisgarh where agriculture experts have advised farmers to cultivate of short and medium duration varieties of rice. Sowing for paddy crop has been carried out on 19.34 lakh hectares of land so far against the proposed target of 36.42 lakh hectares in the state, known as rice-bowl of the country, an agriculture department...

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Rural job scheme caused price rise: Govt -Shishir Sinha

-The Hindu Business Line     Facing criticism for rising prices, the Modi Government has blamed public expenditure on schemes such as MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) for fuelling food inflation. Curiously, the BJP wants the job scheme to continue, with the focus mainly on agriculture. According to the agenda note circulated for Friday's Conference of State Food Ministers with the Centre, food inflation is caused by both demand and supply...

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Dry days ahead: Govt tells farmers to go for direct sowing, less water-consuming crops -Sandip Das

-The Financial Express To cushion the blow of a delayed monsoon that has hit kharif sowing hard, the agriculture ministry has asked farmers to prepare their land and nurseries for direct sowing of paddy (sans re-planting of saplings) and suggested cultivation of less water-consuming crops such as arhar, Urad, pigeon pea, groundnut, maize and soyabean. The National Agromet Advisory Services, a joint initiatives by India Meteorological Department (IMD) and ministry of agriculture,...

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Dry spell pushes up prices of food grains -Shishir Arya

-The Times of India NAGPUR: If the post election period had provided some respite to consumers with prices of food grains going down amid fears of a crackdown on hoarders in the Modi regime, low rainfall has led to a rebound in the last one week. After the new government took over, prices of several food items had eased from the level during the election time. Traders say news of poor monsoon has...

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