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Tractor sales forecast cut as sowing area drops -Siddharth Philip & Swansy Afonso

-Live Mint Mahindra and Mahindra Ltd, the world’s biggest tractor maker by volume, cut its forecast for sales growth of the farm equipment in India as the worst rainfall in three years delays crop sowing. Mahindra estimates industry sales to expand as little as 2% in the year ending 31 March, Pawan Goenka, president of the automotive and farm equipment division at the Mumbai-based company, said in an email response on Thursday. Goenka...

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The return of the rain

-The Business Standard Cautious optimism about the revival of the Monsoon  A progressive improvement in the Monsoon, after a dismal June that saw rainfall deficient by over 30 per cent, has eased some worries over kharif crop production. Since then the rainfall deficit has been halved to 15 per cent, dispelling fears of a situation as bad as in 2009, when severe drought lowered foodgrain production by seven per cent. In addition,...

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Economy may bottom out on improving Monsoon in the current quarter- Vinay Pandey

-The Economic Times The worst of drought may be behind after the near normal rains since fourth week of July, raising hopes that the economy could bottom out in the current quarter and even get a big push from a likely good Rabi harvest. The deficit in the weekly rainfall in the three weeks to August 15, the crucial sowing period in north India, has been less than 4%, almost normal rainfall. The...

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SC Slams Centre for Not Banning Manual Scavenging

-PTI The Supreme Court today slammed the Centre for "fooling" people and not banning the manual scavenging despite its repeated promises that it would amend the Employment of Manual Scavengers and Construction of Dry Latrines (Prohibition) Act to eliminate the practice. "We don’t want this type of vague affidavit. This shows you (Centre) are not serious. You are saying the same thing for the last six months. You are fooling the people...

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“Centre fooling people on ending manual scavenging”

-The Hindu The Supreme Court on Tuesday pulled up the Centre for its callousness in not enacting a law to ban manual scavenging despite giving repeated assurances that it would soon amend the relevant Act. Earlier, Additional Solicitor General Harin Raval told a Bench of Justices H.L. Dattu and C.K. Prasad that the Cabinet note was ready for bringing amendments to the Employment of Manual Scavengers and Construction of Dry Latrines (Prohibition)...

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