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Hudhud, Kashmir flooding 2014’s costliest catastrophes, says report -Rajat Ghai

-Down to Earth While Hudhud caused $11 billion worth of damages, the flooding in the Indian and Pakistani portions of Kashmir was worth $18 billion The floods in Jammu and Kashmir and Cyclone Hudhud in Peninsular India were the costliest natural disasters of 2014, a new report has said. According to the ‘Annual Global Climate and Catastrophe Report' by leading global reinsurance intermediary and full-service capital advisor, Aon Benfield, while Hudhud caused $11...

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Govt data on inequality misleading

-The Times of India NEW DELHI: Inequality in South Asia is much more glaring than what government data shows because standard yardsticks of measuring income don't reveal the true picture, says a World Bank report 'Addressing Inequality in South Asia', released on Tuesday. For instance, the Gini coefficient - the standard measure to gauge income inequality - ranges from 0.28 to 0.40 in this region, suggesting a level of inequality much lower...

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India to beef up defence against US chicken legs -Amiti Sen

-The Hindu Business Line   Commerce Ministry asks poultry breeders to assess risk on fresh health concerns New Delhi: India is preparing a second line of defence to protect its domestic poultry industry against competition from cheap chicken leg imports from the US. With the World Trade Organisation recently ruling against India's ban on chicken import from the US on the grounds that it would lead to spread of bird flu, the Commerce Ministry...

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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...

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Slowdown in China, cotton glut may deal Indian farmers a hard knock -Zia Haq and Gaurav Choudhury

-The Hindustan Times India is likely to face a cotton glut this year. The surplus, however, will be of little comfort to suicide-prone and highly indebted farmers, who stare at a sharp drop in earnings - prices are already down 14% compared with last year. The crisis has to do with a slowdown in China, which is forecast to slash by half the amount of cotton it will import this year, most...

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