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Relief package for rain-hit farmers likely -Puja Mehra

-The Hindu High-level meeting to assess situation may be held today. Following reports of crop damage due to Unseasonal Rains across North India, the Modi government is likely to announce a relief package for farmers. The details of the package are likely to be finalised at a high-level meeting to be attended by Union Finance Minister Arun Jaitley and Union Agriculture Minister Radha Mohan Singh this week. The high-level meeting to take stock of...

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Unseasonal Rains Lash Farmers' Spirits in Maharashtra -Tejas Mehta

-NDTV Yavatmal, Maharashtra: Another fresh spell of heavy Unseasonal Rains lashed large parts of Maharashtra on Sunday evening, again hitting the spirit of already-beleaguered farmers. Many districts in Vidarbha, Marathawada and western Maharashtra were hit by strong showers and hailstorms accompanied by gusty winds, damaging the standing rabi crop. Wheat, soya bean, jowar and fruits like watermelon and grapes were all set to be harvested. But the fresh showers have further damaged...

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NDA’s challenge: agrarian crisis -Anil Padmanabhan

-Livemint.com Govt will be judged on how it deals with the crisis; recognizing the problem is the first step, but a lot depends on how it executes the rescue The bout of Unseasonal Rainfall in north India over the last few weeks has triggered fears that standing Rabi crop may have suffered extensive damage. It may or may not be true. Regardless, it has once again put the spotlight on the agriculture...

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Retail inflation increases to 5.37% in Feb

-Business Standard Upward trend continues after base year revision, mainly because of high food prices India's Consumer Price Index (CPI) -based inflation rose to 5.37 per cent in February, from 5.19 per cent the previous month, mainly because of high food prices. After a revision in base year in December, from 2010 to 2012, this was a third straight month to see an upward trend in the rate of retail inflation. The rate...

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Case for proper crop insurance scheme -Devinder Sharma

-Deccan Herald Make new entrants provide 40 per cent risk coverage to the farming sector on a household basis. Unseasonal Rains and strong winds that lashed the entire north-western region have done immense damage to the standing crops. The Union Ministry of Agriculture has estimated damage to standing crops in 50 lakh hectares in Punjab, Haryana, Uttar Pradesh, Jammu & Kashmir, Himachal Pradesh, Madhya Pradesh, Rajasthan and Maharashtra. Coming after an extended...

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