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North India shivers, death toll 128

-PTI   The entire North India shivered today as icy winds lashed the region claiming five more lives pushing the country-wide death toll this winter to 128. All the fresh deaths occurred overnight in Uttar Pradesh which has so far accounted for 88 fatalities. Chilly winds swept the state as mercury plunged to a low of 0.5 degrees Celsius in Najibabad area in Bijnor district. The national capital witnessed coldest day of the season recording...

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Food inflation at four-year low of 1.8%

-The Business Standard   Economists question veracity of the data; say too early for RBI to cut rates. Food inflation for the week ended December 10 fell to a four-year low of 1.81 per cent, after declining to 4.35 per cent last week. The decline is much sharper than what Chief Economic Advisor Kaushik Basu expected — he had predicted less than three per cent food inflation by early January. What’s more, many...

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Cold weather and fog proving beneficial for wheat crop in Punjab

-ANI On one hand where cold weather and fog has disrupted normal life and brought the traffic on the road to a virtual halt, farmers in Amritsar were happy with the weather as it is proving beneficial for the standing wheat crop. Farmers said that the decline in mercury and widespread fog in various parts of the state has lightened up the prospects of good production of wheat this year. "The fog is...

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In season of high prices, farmer kills himself for fear of poor returns

-The Telegraph   A debt-ridden farmer killed himself in Burdwan last evening after complaining of poor prices for his produce — a seemingly incongruous reality in the middle of a countrywide uproar over rising prices. Madhab Ghosh, 62, perhaps the first farmer whose suicide has been reported since the Mamata Banerjee government took over in May, drank pesticide around 6pm at his home at Jatka village in Raina, Burdwan. Madhab cultivated seven bighas or...

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Low prices may cut Rabi potato acreage by 15 to 20 per cent by Madhvi Sally & Sutanuka Ghosal

Potato acreage in India is likely to drop by 15-20% in the new season. Farmers suffered last year due to a decline in prices following a higher production. According to an initial estimate, the losses could run into few thousand crores with Bengal farmers suffering the most. In this backdrop, a further expansion in area could weaken the prices even as sowing has started across Uttar Pradesh, Bengal, Bihar and Punjab....

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