-LIve Mint A day ahead of a crucial ministerial meeting to review India’s severe rainfall deficiency, the agriculture ministry has unveiled a district-level plan of action that primarily consists of advisories on the kind of seeds to be sown, altered sowing plans and the conservative use of water. According to the department’s website, advisories have been issued to Andhra Pradesh, Maharashtra, Orissa, Uttar Pradesh, Karnataka, Punjab, Haryana, Rajasthan, Tamil Nadu, Gujarat, West...
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Delayed Monsoon powers sales of inverters, batteries-Sarita C Singh
-The Economic Times Sales of inverters and batteries jumped about 30% for the quarter to June, as a delayed Monsoon pushed up power consumption in energy-deficient India. Manufacturers of power backup systems say they expect good profits this year, as the increase in sales will offset the rise in input costs due to a weak rupee. The country's largest battery maker Exide Industries said growth was robust despite a 4%-5% rise in prices....
More »RBI warns of more inflationary pressures from poor rains, MSPs
-PTI Indicating that its nearly three- year-old battle with inflation is not yet over and a loose monetary policy is still far off, the Reserve Bank today said the near-term inflation trajectory still remains sticky on the back of weak Monsoon, higher support price for farm crops and the falling rupee. Headline inflation persisted above 7 per cent during the first quarter of the fiscal due to a rebound in food rates...
More »Left Front begins stir for a better food security bill
-The Economic Times Ahead of the Monsoon session of Parliament, the Left Front has upped the ante against the government over the food security bill, demanding a universal public distribution system and scrapping of Planning Commission's poverty estimates. CPM, CPI, RSP and All India Forward Bloc - kick-started a five-day sit-in protest at Jantar Mantar on Monday. Senior Left leaders, including CPM leaders Prakash Karat, Sitaram Yechury, Brinda Karat, Basudeb Acharia, CPI's AB...
More »CPI(M) for revision of Food Security Bill
-PTI CPI(M) today said it is opposed to the Food Security Bill in its current form and the government should bring a new and a revised legislation in the Monsoon session of Parliament. Launching a five-day nationwide agitation by Left parties against the current Food Security Bill here, CPI(M) general secretary Prakash Karat said, "The Bill, in its present form, excludes majority of poor people from its bracket and is totally flawed....
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