-PTI Heavy rains and floods have so far claimed 31 lives in Madhya Pradesh prompting the state government to allocate Rs 12.47 crore additional funds for flood-affected 23 districts. Eight persons lost their lives in Hoshangabad district, followed by Bhopal where six people were killed due to rains and floods, an official release said here today. Three deaths each were reported from Ujjain and Dewas districts, two each in Damoh, Betul and Chhindwara,...
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Deficient monsoon to add to food, non-food inflation: CMIE
-PTI The monsoon rains, which have been deficient by about 21 per cent this season, are likely to spur prices of food and non-food articles, economic think tank CMIE has said. "We expect the South-West monsoon to remain deficient and the major crop production to decline by 2.3 per cent. This decline in output of major crops is expected to add to the already high inflation seen in food articles," the Centre...
More »monsoon likely to retreat in September-Rituraj Tiwari
-The Times of India Though rains have lashed most parts of the country in the past few days, raising hopes of wiping out deficiency, a strong likelihood of the emergence of rain-interrupting El Nino weather pattern in September is still keeping weathermen on tenterhooks. The El Nino conditions, known to cause dry weather, are likely to disrupt the monsoon's progress which has reduced the overall rain deficit from 19% in July to...
More »Rice exports may rise 15% as government scraps export floor price-Sutanuka Ghosal
-The Economic Times India's rice exports are likely to jump as much as 15% this year after the government scrapped the minimum export price (MEP) of $700 per tonne. "India's annual basmati exports will surpass last year's figure in the current fiscal," said Sumeet Saluja, managing director, Whitefields Overseas, which markets basmati under the brand name India Crown. Total rice shipments, including basmati and non-basmati, were 7.3 million tonne in 2011-12. Of this,...
More »Concerns raised against Land Acquisition bill
-Pratirodh Bureau Activists led by Narmada Bachao Andolan leader Medha Patkar have alleged that the much awaited Land Acquisition Bill was actually a "diluted version" of the Standing Committee's recommended bill. The activists under belonging to various groups, including National Alliance of People’s Movements, National Forum of Forest people and Forest Workers, Kisan Sangharsh Samiti and Sangharsh claimed that the "positive" position taken by the Standing Committee had been diluted by the...
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