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Water conservation: Nabard to help 1,00,000 villages before monsoon -Vimukt Dave

-Business Standard The programme will cover both water-scarce and flood-affected areas in India Ahmedabad: Ahead of the monsoon, the National Bank for Agriculture and Rural Development (Nabard) will be reaching out to 100,000 villages with its water conservation programme. The Nabard will be working with villagers on better use of water for agriculture and household purposes.   Amid a drought-like situation in several areas, the Nabard targets to help farmers extend water availability and...

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Government may end up buying less than 30 million tonnes of wheat -Sanjeeb Mukherjee

-Business Standard Till date, government has procured over 27 million tonnes of wheat By all estimates, wheat procurement is expected to be around 30 million tonnes in 2017-18, short of the initial target of 33 million tonnes.   Food Minister Ramvilas Paswan in an interview to Business Standard did estimate that final procurement figures could be around 30 million tonnes, but said that it won't have any impact on stocks as the purchases were...

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New WPI series suggests higher core inflation rate in past 6 months: CRISIL

-Business Standard WPI inflation for April is at 3.9%, which is 144 (bps) lower than the March inflation rate The Ministry of Commerce and Industry unveiled the revised wholesale price index (WPI) on May 12, 2017 as per the 2011-12 base year. As per this release, WPI inflation for April is at 3.9%, which is 144 basis points (bps) lower than the March inflation rate. The decline is mainly due to a...

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GM Mustard could open door for 100-odd crops in pipeline -Sanjeeb Mukherjee

-Business Standard Activists, others question yield and bio-safety data; GM mustard can improve yields by 25-30% After many ifs and buts, the commercial release of genetically modified (GM) mustard seems to have reached a decisive phase after the Genetic Engineering Appraisal Committee (GEAC) recommended on Thursday that it be allowed.   The ministry of environment and forests will now decide on whether this herbicide-tolerant variety can become the first GM food crop to be...

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Rich-poor divide in India widening as economy grows: Report -Chetan Chauhan

-Hindustan Times A new report examining 25 years of India’s economic liberalisation says exclusion of a large section of Dalits and Muslims have not gained adequately from the growth unlike more influential empowered sections of the society As India’s economy grew rapidly, the inequality between the richest and the poorest rose, the number of landless farmers increased and employment generation was lowest in 2015, says a new report examining 25 years...

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