-CNN-IBN With deficient monsoon rains throughout the country so far, experts have now warned that the drought situation can no longer be ignored and that it is the time to act. Food Minister KV Thomas admitted on Tuesday that the situation is worrisome and that the government will have to take measures to check hoarding as deficient rainfall will lead to crop failure. Commission for Agriculture Costs and Prices (CACP) Chairman Ashok...
More »SEARCH RESULT
PMO signals drought alert on deficit rain, asks ministries to help affected states
-The Times of India The Prime Minister's Office (PMO) has sounded an alert over a deficient monsoon, directing ministries to help states facing drought-like situations by operationalizing contingency plans to distribute seeds, augment fodder and power and deal with drinking water shortages. PMO said the monsoon season rainfall is likely to be 92% of the long-term average (LPA), less than the 96% LPA predicted in June that itself was a downgrade from...
More »The perils of retail therapy in India
-Live Mint There is no dearth of advisors for a government considered to be in the grip of a policy paralysis and whose prime minister is dubbed an “underachiever”. In this season of India-bashing, US President Barack Obama spared some time from his election campaign and offered some pearly words of wisdom on the Indian economy. This came at a time when in his own backyard, thousands of people marched in...
More »Monsoon worry mounts, food prices rise sharply-Zia Haq
-The Hindustan Times Despite a pickup in rainfall last week, the southwest monsoon remains in deficit by a significant 22%, almost certainly lowering annual production of grains, pulses and oilseeds, the three crops where sowing has been worst hit. The Met office’s estimate coincided with the release of food inflation data that showed a worrying 10.81% rise in June from a year earlier, up from a 10.74% rise in May, an...
More »CPI (M) to campaign for universalised PDS
-The Hindu The State Committee of the Communist Party of India (Marxist) has called for a sustained month-long campaign across West Bengal in August to highlight its demand for the incorporation in the Centre’s proposed Food Security Bill provision for a universalised public distribution system that ensures a monthly allocation of at least 35 kg of foodgrains per family at the rate of Rs. 2 per kg. Demands like remunerative prices to...
More »