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Inflation higher in poorer states

-The Financial Express This is a double whammy for the poor. Despite a fall in retail inflation to 5.18% in February from a 17-month high of 5.69% in the previous month, most of the lower-income states witnessed higher retail inflation than the richer ones, reports fe Bureau in New Delhi. According to DK Joshi, the chief economist at Crisil, higher-income states like Haryana, Kerala, Uttarakhand, Maharashtra and Gujarat saw lower retail inflation...

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Farmers' prospect destroyed by erratic rains

Like 2015, this year too unseasonal rainfall and hailstorm have taken the farmers by surprise. Recent media reports suggest that extreme weather event has damaged rabi crops in a number of states from north India. The Weekly Weather Report prepared for the week spanning 10-16 March, 2016, which was issued by the India Meteorological Department (IMD), shows that excessive rainfall was observed in Jammu and Kashmir, Himachal Pradesh, Punjab, Uttarakhand,...

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Crops damaged in 6 states due to unseasonal rains -Sayantan Bera

-Livemint.com Damage to rabi crops like wheat, mustard has been reported from UP, Punjab, Rajasthan, MP, Maharashtra, Haryana New Delhi: Unseasonal rain and hailstorm in the past few days have damaged winter crops in parts of at least six states across central, north and western India. So far, damage to rabi crops like wheat, mustard and chickpea has been reported from Punjab, Haryana, Rajasthan, Uttar Pradesh, Madhya Pradesh and Maharashtra. It may not...

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Rain will hit wheat crop: Farm experts

-PTI Farmers warned of fungal disease stripe rust or yellow rust attack on crop because of conducive weather conditions Chandigarh: Untimely rains accompanied by hailstorm and strong winds in Punjab and Haryana will hit wheat crop which was to be harvested next month, feared farm experts, saying showers at this stage were “unfortunate” for growers who were hoping for bumper yield. “Rains along with strong winds at this point of time are not...

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Farms grow massive incomes for select few -Devesh K. Pandey & TCA Sharad Raghavan

-The Hindu In response to a RTI application, Income Tax Department reveals that 6.57 lakh individuals earned 20 times the GDP in 2011. Believe it or not, income figures shared by the Income-Tax Department in response to an RTI application by a retired Indian Revenue Service official has revealed that agricultural income recorded an exponential increase from 2004 to 2013, touching a total of almost Rs.2,000 lakh crore for individual assessees in...

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