-The Hindu Business Line Bidding process apace to select insurance firms for Fasal Bima Yojana New Delhi: The Centre’s flagship crop insurance scheme, Pradhan Mantri Fasal Bima Yojana, is likely to be rolled out in several parts of the country by next month as the bidding process for selecting insurance companies is over in at least ten States and a Union Territory and many others are in the midst of it. All top...

-Livemint.com A look at the past three budgets shows that the government took note of the crisis only in 2016 On 24 April 2014, about a month before Narendra Modi-led National Democratic Alliance (NDA) formed a new government at the centre, the India Meteorological Department made an ominous forecast. The four-month-long southwest monsoon which irrigates more than half of India’s farmlands was likely to be deficient. Over the next few months the...

-Business Standard A cool weather laden with moisture is good for the wheat crop. However, such a climate has been absent this year India's wheat market is in a tizzy as supply projections and actual arrivals are not matching, raising a big question mark over the Centre's official production estimate for 2015-16. The agriculture ministry in its third advance estimate of foodgrain production released earlier this month had estimated wheat output at over...

-The Hindu States asked to exempt pulses from Value Added Tax and other local levies to control prices The government is considering banning futures trading in chana dal (brown chickpeas) and reducing import duty on sugar as part of its efforts to rein in inflation, according to a top official. Higher food prices, led by pulses and sugar, pushed wholesale price inflation into positive territory in April after 17 months of decline while...

-The Hindu Business Line Accumulated stocks of skimmed milk powder insulate consumers from price hike Ahmedabad/ Bengaluru: The drought and heat wave across many States has impacted milk production, thereby affecting procurement by dairy co-operatives and private players. In the key milk-producing States of Maharashtra, Gujarat, Uttar Pradesh and Rajasthan, the procurement of liquid milk has dropped 20-50 per cent, which is more than the usual seasonal decline witnessed during summer. Experts blamed it...