-Tribune News Service Notwithstanding the marginal decline in spendings under the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) over the past two years, Himachal has the best performance indicators, putting it in the league of top-performing states. The total expenditure under the scheme came down from Rs 556.55 crore in 2009-10 to Rs 516.34 crore in 2010-11 and further fell to Rs 509.43 crore in the last financial year. However, the number...
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Record foodgrain estimate won’t lead to lower prices-Ruchira Singh
Rice, wheat production seen at highest ever, but other commodities show a decline from previous year’s Harvest The government estimated a record high foodgrain crop for the 2011-12 crop year that ends in June, driven mainly by higher output of rice and wheat, but experts said prices are likely to remain firm and keep inflation at around 7%. The likelihood that the government will increase the minimum prices it guarantees farmers for...
More »South Asia to receive average monsoon this year
-Reuters India may have average rainfall in 2012 despite fears the El Nino weather pattern may emerge in the second half of the season South Asia is likely to receive average monsoon rains in 2012, a global forum relied on by governments for forecasting said, erasing the possibility of any drought in the region and India, which is a major consumer and producer of farm commodities. "The region is likely to receive average...
More »No soft landing-N Madhavan
Will Vijay Mallya commit suicide for running up huge losses at Kingfisher Airlines," asks Talaka Rajiah, a farmer near Parkala town, 35 kilometres from Warangal in Andhra Pradesh's Telangana region. "He will not. The government has already thrown some lifelines for him and the airline sector in the Budget," says Rajiah, who also happens to be the secretary of the Telangana Farmers Association. "But when it comes to farmers the...
More »Farm revolution: Indian farmers finally embrace mechanisation
-Reuters PERLE: As a shiny red Harvester bounces across the black earth into the first row of sugar cane, excited schoolchildren run after it and several dozen men stand gaping in the wake of its swift progress. It's the first time that Perle, a village on the banks of the Krishna river in Maharashtra state, has seen a machine used for cutting the tough cane. "This machine will Harvest my entire field today,"...
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