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El Nino likely to cause loss of Rs 1,80,000 crore this year: ASSOCHAM -Soma Basu

-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...

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Onion farmers for change, grape growers whining for status quo-Amruta Byatnal

-The Hindu   Dindori (Maharashtra): This constituency in Nashik district does not occupy a particularly significant spot on the election map, but it presents a neat battle of "status quo vs. change" between its elite wine-grape farmers and onion growers. While Onion farmers are rooting for change, grape growers are largely status-quoist, favouring the Congress for fear that a Bharatiya Janata Party-led government will not encourage the nascent wine industry in the country. Dindori,...

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Onion prices rise about 40% in a week -Tushar Pawar

-The Times of India   NASHIK: Brace up for an onion price hike again. Unseasonal rains and hailstorms in Nashik district have pushed up onion prices by about 40% in a week at the country's largest wholesale onion market, the Lasalgaon Agriculture Produce Market Committee (APMC), In the district APMCs, the average wholesale onion prices, which were in the range of Rs 575 to Rs 801 a quintal on April 10, rose...

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A grim harvest -Satyanarayan Iyer

-The Hindu Business Line Farmers in Maharashtra are struggling to cope with losses from last month's hailstorm. Satyanarayan Iyer, who travelled extensively through the affected areas, chronicles the region's woe. Shanta Jadhav will never forget that day. It was March 8, a Saturday. The 70-year-old and her husband were in their small hut in Balamthakli village in Ahmednagar district, Maharashtra. At 6.30 in the evening, they were startled by a loud thud,...

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Agriculture turning into nightmare for small farmers-Nagesh Kini

-MoneyLife.in India, the world's second largest food producer, is witnessing growing distress and declining confidence in agriculture as most small and landless farmers, with less of a stake, are found to quit farming The recent unseasonal heavy rains, thunder and hailstorms originating from unusually intense western disturbances from the Mediterranean interacting with the south-easterly winds from the Bay of Bengal have ravaged the due-for-harvesting chana, lentils and wheat in Madhya Pradesh,...

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