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115 Talukas in Maharashtra Declared Drought-Hit

-PTI As many as 115 talukas in Maharashtra have been declared as drought-hit in the first phase by the state government for deficient rains and crop sowing. Relief and Rehabilitation Minister Patangrao Kadam told reporters that talukas from among the 149 perennially drought-prone areas under the Drought Prone Area Programme (DPAP) have also been included. "We declare drought if the rainfall is less than 50 per cent and sowing is less than 50...

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Food, the new crisis-CP Chandrasekhar

-Frontline A recession-hit world is only just waking up to the prospect of the coming food crisis resulting in a period of political turmoil with unexpected consequences.  For the third time in five years, the world is braced for another food crisis. Bad weather conditions are leading to projections of major production shortfalls in some of the world’s leading food suppliers. Substantially reduced access and sharp price increases are, therefore, expected to...

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Farmers prefer to sow rice, sugar cane-Ruchira Singh

-Live Mint Notwithstanding the drought, farmers have preferred to sow sugar cane and rice instead of opting for less water-intensive crops such as coarse grains and pulses. The latest sowing data released by the agriculture ministry as of 16 August shows that area under coarse cereals and pulses is down 13% and 12.39%, respectively, from last year, while that for rice and sugar cane contracted only 3.57% and 4.53%, respectively. In the process,...

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PMEAC Estimates 0.5% Farm Growth for 2012-13

-PTI Prime Minister's Economic Advisory Council today said poor monsoon is likely to pull down farm sector growth rate to 0.5 per cent in the current financial year, a projection that is even lower than in 2009-10 when monsoon was the worst in 28 years. The growth in the agriculture sector was one per cent in 2009-10 when production had fallen by 16 million tonnes due to poor monsoon. As many as...

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Deficient monsoon to add to food, non-food inflation: CMIE

-PTI The monsoon rains, which have been deficient by about 21 per cent this season, are likely to spur prices of food and non-food articles, economic think tank CMIE has said. "We expect the South-West monsoon to remain deficient and the major crop production to decline by 2.3 per cent. This decline in output of major crops is expected to add to the already high inflation seen in food articles," the Centre...

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