-Live Mint The kharif crop may improve by 8.1% to 135 million tonnes, after falling by 2% last year due to weak monsoon Foodgrain production in India's kharif season, the summer crop, is estimated to increase by a little more than 8% this year on expectations of normal monsoon rains, boosting hopes of a recovery in Asia's third largest economy and a decline in food price inflation. The kharif crop may improve by...
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Monsoon may hit Kerala on June 3 -Vishwanath Kulkarni
-The Hindu Business Line The South-West Monsoon is likely to hit the Kerala coast on June 3 this year, the Indian Meteorological Department (IMD) said on The South-West Monsoon is likely to hit the Kerala coast on June 3 this year, the Indian Meteorological Department (IMD) said on Wednesday. The onset forecast has an error margin of four days, IMD said in a statement. The normal onset of monsoon over the Kerala coast...
More »Food prices rise for second month, strong cereal crop forecast for 2013–UN agency
-The United Nations World food prices rose for a second straight month, the United Nations Food and Agriculture Organization (FAO) today said, while global production of coarse grains could set a new record this year with strong growth also projected for global wheat and rice production. FAO's Food Price Index - which measures monthly changes in international prices of a basket of meat, dairy, cereals, oils and fats, and sugar - rose...
More »Fundamental flaw
-The Indian Express In all its versions, the food security bill places an unbearable fiscal burden, further distorts agriculture The design of policy in the revised version of the food security law proposed by the food ministry — cabinet approval for which was deferred on Monday — will make a bad idea worse. It is even less concerned about the imperatives of fiscal sustainability and the needs of the Indian population. Providing...
More »Dismal economic data adds to government’s woes
-The Times of India There was no let up in bad news for the government on the economic front. Amid the debate over slowing economic growth, data released by the Central Statistics Office (CSO) on Tuesday showed industrial output fell 0.6% in December, posing fresh policy challenges. This is the second successive month of decline for factory growth which has remained anaemic due to a string of factors including high interest rates,...
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