-The Indian Express By officially committing to inflation targeting through the signing of a monetary policy agreement between the finance ministry and the RBI, India has joined 28 other countries in explicitly fixing goals for annual increases in the consumer price index (CPI) and pinning responsibility on the central bank for achieving them. Interestingly, among the now 29 countries, India has the lowest per capita income. While there are as many as...
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21st century ‘hottest’ on record as global warming continues, UN agency warns
-The United Nations Devastating weather patterns and increasing temperatures will last into the foreseeable future as global warming is expected to continue, the United Nations World Meteorological Organization (WMO) confirmed today as it explained that 2014's ranking as the "hottest year on record" is part of a larger climate trend. "The overall warming trend is more important than the ranking of an individual year," WMO Secretary-General Michel Jarraud clarified today in a...
More »The next farm downtrend -Harish Damodaran
-The Indian Express It's likely that India's crop production this year will be lower compared to 2013-14, given deficient rains both in the southwest (June-September) and northeast (October-December) monsoons impacting kharif as well as rabi plantings. But that by itself needn't be cause for concern. We have seen one-off farm output declines even in 2009-10, 2004-05 and 2002-03, which were also drought years. What should worry us more, instead, is the...
More »Integrated Farming: The Only Way to Survive a Rising Sea -Manipadma Jena
-IPS News SUNDARBANS, India- When the gentle clucking grows louder, 50-year-old Sukomal Mandal calls out to his wife, who is busy grinding ingredients for a fish curry. She gets up to thrust leafy green stalks through the netting of a coop and two-dozen shiny hens rush forward for lunch. In the Sundarbans, where the sea is slowly swallowing up the land, Mandal's half-hectare farm is an oasis of prosperity. The elderly couple resides...
More »Vegetable prices soar again in Delhi; bad crop, exports to Pakistan blamed
-The Times of India NEW DELHI/AMRITSAR: Vegetable prices have begun to hurt again, ahead of elections in the capital. The reasons attributed for the spike in prices this time are reduced supplies due to unseasonal rainfall and exports to Pakistan. Retailers in the capital say vegetable prices started rising around 10 days ago. On Monday, tomatoes were selling for Rs 40-50 per kg, around 10-20% higher than just two weeks ago. "Production this...
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