-Business Standard Private weather forecast agency revises estimate to 109% of LPA As the country awaits the arrival of the southwest monsoon after two years of drought, private weather forecasting agency Skymet on Tuesday revised upward its 2016 southwest monsoon forecast to 109 per cent of the long period average (LPA) from 105 predicted in April. The forecast, if accurate, would mean that India might have its highest southwest monsoon since 1994 and...
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Bundelkhand’s drought-hit farmers told to cultivate oilseeds
-The Hindu The U.P. government will now provide farmers a grant of Rs. 1,500 per quintal in the Kharif season and Rs. 800 per quintal in the Rabi season. Lucknow: To help farmers recover from successive crop losses in drought-affected Bundelkhand, the Uttar Pradesh government is encouraging them to increase the cultivation of oilseeds, especially sesame (til), in the coming Kharif season. The State has increased subsidy on oilseeds. The government will now...
More »18 GM seed trials are on: Centre
-The Hindu Panel set up by Environment Ministry to take a call on GM mustard. Environment Minister Prakash Javadekar has said the use of genetically modified (GM) technology for seeds is important for improving agricultural productivity and food security. He said 18 field trials, testing various kinds of GM seeds, were under way but the government would take a considered view on releasing genetically modified mustard. GM mustard, likely to be the first...
More »Centre owes over Rs. 81,000 cr. to States
-The Hindu The amount is tax share of last 10 years The Centre owes over Rs. 81,000 crore to States as tax shares of last 10 years, according to a finding by the Comptroller and Auditor-General of India. According to details of communication between the CAG and the Finance Ministry, between 1996-97 and 2014-15, the Centre has failed to devolve to States Rs. 81,647.70 crore. Just in 2006-07 the Centre did not disburse...
More »Grain stock ample to tackle drought, says Centre -Sanjeeb Mukherjee
-Business Standard At end-April, foodgrain stock in the pool was estimated at 36.95 mn tonnes, 6.7% more than at the same time last year As a drought and drinking water crisis grips several states, the food stock position in the central pool seems to be among the few comfort factors for the government. At end-April, foodgrain stock in the pool was estimated at 36.95 million tonnes, 6.7 per cent more than at the...
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