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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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Farmers to pay more for animal fodder as deficient monsoon hits output of coarse grains -Jayashree Bhosale

-The Economic Times PUNE: The deficient monsoon this year is likely to hit production of coarse grains such as jowar and bajra and other minor millets like Ragi and pulses the hardest. This may not have much impact on the country's food security because India has ample stocks of wheat and rice but it will add to the financial burden of farmers, who will be forced to pay more for animal...

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Forecast lifts cloud of drought

-The Telegraph New Delhi: India's weather agency has revised its 2014 monsoon forecast downwards, predicting 13 per cent rainfall deficit instead of 7 per cent forecast earlier this year, cautioning that yields of several crops may decline but dismissing fears of a widespread drought. The India Meteorological Department today said the rainfall during the remaining six weeks of the monsoon season will be much better than over the past two months. But...

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Support price for jowar, Ragi soon

-The Business Standard The government had announced Rs 2,000 per quintal, which the farmers were unhappy with Dharwad: The State Agriculture Price Commission will shortly recommend the revised support price for jowar and Ragi crops, said commission chairman Prakash Kammaradi. Speaking to reporters on the sidelines of a workshop on the production of jowar, organised in connection with the government's plans to incorporate jowar and Ragi into the Anna Bhagya scheme here on...

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Jowar, Ragi cultivation to be tagged with MGNREGA

-The Business Standard K'taka government has announced this to enhance the jowar and Ragi production in the state Dharwad: The Karnataka State Agriculture Commission has come forward with plans to tag the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) scheme with jowar and Ragi farming to help the farmers overcome the problem of high labour component. Commission chairman Prakash Kammaradi said here on Monday that the state government had announced schemes to...

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