-The Indian Express “Due to the large-scale deforestation, there has been a significant drop in the amount of rainfall received,” said Subimal Ghosh, a faculty member associated with the study. Mumbai: DEFORESTATION AND conversion of forest land to crop land has weakened the monsoon in India, a study by a team from the Indian Institute of Technology (IIT)-Bombay has found. The team from the Interdisciplinary Program in Climate Studies of IIT-B studied...
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Nashik farmer gets just 5 paise per kg for onions
-PTI Nashik: A farmer from Karanjgaon village in Nashik district has claimed to have got the rate of 5 paise per kg for onions, prompting him to dump his produce of 13 quintals in his field in protest, even as a trader blamed “poor quality” of bulb for the low price. Sudhakar Darade, who hails from Niphad taluka, said his onions got valued at Rs. 5 per quintal (100 kg) at Saikheda...
More »Centre takes up Brazil offer for 'captive farming' of pulses for India -Dipak K Dash
-The Times of India NEW DELHI: Brazil has offered to do "captive farming" of pulses to meet the growing demand in India. Responding to the offer, the consumer affairs ministry is now preparing a detailed proposal. Consumer affairs minister Ram Vilas Paswan said that the offer came when he met ministers from Brazil during his visit to the the country. "They are ready to grow pulses for us. We need to provide...
More »Priyanka Kishore, Lead Asia Economist at Oxford Economics, speaks to Sarika Malhotra (Business Today)
-Business Today Priyanka Kishore, Lead Asia Economist at Oxford Economics tells Business Today why India's GDP may well not be 7 per cent. Excerpts from an interview. * What were the reasons that prompted you to relook at India's growth numbers? India announced a revamped GDP series in early 2015, based on the requirements of the 2008 System of National Accounts (SNA). The new method made substantial changes to both the estimation and...
More »Retail inflation might not fall much in kharif season -Sanjeeb Mukherjee & Indivjal Dhasmana
-Business Standard Recent trends indicate any such moderation would not be across the board or without riders: Experts New Delhi: Contrary to some perceptions, consumer price index (CPI)-based inflation might not ease sharply after kharif crops arrive in the markets. On the other hand, wholesale price index (WPI)-based inflation could see a rise, due to an increase in prices of commodities and metals. CPI inflation rose to 6.07 per cent in July, highest since...
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