-Hindustan Times Good pre-monsoon showers— which have been either surplus or normal in nearly half of the country— have come as a boost for a crisis-ridden farm sector, bolstering prospects of sowing and easing some of the government’s worries. The showers, aided by seasonal storms, have been sufficient to meet farmers’ requirements for planting key summer crops, prompting millions to head out to fields across states. The rains have replenished 81 “nationally...
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Debt, despair and death as farm crisis deepens -Sarbjit Dhaliwal
-The Tribune Grains Of Discontent: The damage to wheat crop due to untimely rain and hailstorm, followed by delayed payments, this rabi season has further stressed Punjab’s farmers. While the cost of farm inputs has risen manifold over the past few years, the profit margin is on a constant decline, thus making farming unviable. Unable to bear losses, several farmers have committed suicide in recent past As the day breaks, he enters...
More »'On time' prediction for India's monsoon season -Richard Angwin
-Al Jazeera The country's summer rains are due to start on June 1, but they may still leave some farmers disappointed. India’s monsoon rains, upon which the country relies so heavily, are expected to arrive "on time" according to the country’s Meteorological Department (IMD). The arrival of the summer monsoon is monitored very closely in India. Agriculture accounts for 15 percent of gross domestic product (GDP), and it employs some 60 percent of...
More »Do April conditions in the Pacific Ocean point to a decisive El Nino this year? -Vinson Kurian
-The Hindu Business Line Probably yes, says Chennai blogger tracking weather from 1950 Thiruvananthapuram: When does an El Nino (warming of the east and equatorial Pacific) create widespread rain deficit over India during the monsoon? K Srikanth, Chennai-based blogger and weather enthusiast, has found from a study that between 1950 and 2012, five years have seen 50 per cent or more meteorological divisions suffer deficit rainfall. Carry-over nino “If one observes the pattern, these years...
More »Too early to say deficit monsoon to hit rural lending -Abhijit Lele
-Business Standard A clear picture is likely to emerge only towards the end of June Mumbai: Rural distress owing to heavy unseasonal rains in March and the prospects of less-than-normal monsoon have made bankers “a cautious lot” at the start of this financial year. However, it is too early to conclude that the impact of rains, or the lack of it, would be bad. According to public sector bank executives, the assessment for...
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