-The Economic Times CHANDIGARH: Cotton output in India is likely to drop by up to 15 per cent this year due to insufficient rain and pest attack in two cotton-growing regions of the country. In Gujarat, a major cotton-producing state, the crop has been hit by weak rainfall after a good sowing period, when the monsoon was strong. Rainfall in the region has been patchy and 28 per cent below normal. Farmers...

-Business Standard Monsoon starts withdrawing from northwest, complicating projections for kharif output Monsoon has started withdrawing from the northwestern region of the country, India Meteorological Department (IMD) said on Friday. “The southwest monsoon has withdrawn from western parts of Rajasthan,” the department said. The conditions are favourable for further withdrawal of the monsoon from northwest India in the next three-four days, it added. According to economists, it is too early to predict the impact...

-The Indian Express As many parts of the country reel under a back-to-back drought, Kavitha Iyer reports from the region that’s at the centre of the crisis. Weeks before hanging himself from a tree on his farm on June 1 this year, Kalyan Khomne, 55, read out a newspaper report to his son Shahdev. “It was about a farmer’s suicide in our taluka,” says 26-year-old Shahdev. His village, Nandurghat, and the nearby...

-Business Standard CRISIL Ratings identifies four states and five crops at highest risk to deficient monsoon Within the next 40 days, the southwest monsoon will formally start retracting from the Indian mainland, ending its four-month journey over the country, pounding some parts with excess showers, but could leave almost 30 per cent of the country with deficient or less-than-normal rains, unless there is an abnormal pickup in the coming weeks. That looks highly...

-The Hindu Business Line No crop diversification efforts will work so long as free electricity offsets the costs of pumping out groundwater Subsidies have for long been a necessary evil, a vote-bank silver bullet. But its relevance stands challenged in today’s increasingly market-oriented economic order. The recent US declaration of giving differential treatment to developing countries, with regard to farm subsidies, brings up the long standing issue of slashing subsidies that have...