-The Financial Express Though food inflation could be lower than last year's 11.1%, fruit and vegetable prices remain the pressure points. Concerns over monsoon have diminished a lot in recent weeks because of four positive developments. First, rainfall deficiency has reduced sharply from a century-high of 45% for June to 17% as on August 18. Second, sowing has caught up significantly from 40% below normal in mid-July to just 2.3% below normal...
More »SEARCH RESULT
Total Matching Records found : 319
Forecast lifts cloud of drought
-The Telegraph New Delhi: India's weather agency has revised its 2014 monsoon forecast downwards, predicting 13 per cent rainfall deficit instead of 7 per cent forecast earlier this year, cautioning that yields of several crops may decline but dismissing fears of a widespread drought. The India Meteorological Department today said the rainfall during the remaining six weeks of the monsoon season will be much better than over the past two months. But...
More »Govt lowers rain forecast but rules out drought
-The Times of India NEW DELHI: The fear of drought has receded further with Indian Meteorological Department (IMD) on Tuesday predicting better rainfall during August-September. Though the Met downgraded the prediction for the overall Monsoon rainfall from "below normal" to "deficient", it ruled out any possibility of drought. The IMD, in its latest forecast, predicted that "the rainfall over the country as a whole is likely to be 87% of the Long...
More »50% diesel & seed subsidy to farmers in rain deficit areas
-PTI New Delhi: With an aim to save standing kharif crops from weak monsoon, the Centre on Thursday announced 50 percent diesel subsidy to farmers in places where rainfall deficiency was more than 50 percent as on July 15. The 50 percent subsidy will also be applicable to places as and when states declare them as drought-hit. The government also raised the subsidy ceiling to 50 percent on seeds in order to partially...
More »Why the monsoon numbers hide reality -Nitin Sethi
-The Business Standard Because the ecology of various regions differs, it is silly to club them all under one countrywide average number A whopping three-fourth of the country's geographic area is right now facing a rainfall deficit severe enough to warrant crisis management. The Indian Meteorological Department's data shows that 74% of India has so far recorded monsoon rainfall much below its normal levels. Of the 36 rainfall divisions that the...
More »
