-The Hindu The Central government’s decision this week to extend the interest subvention scheme on bank loans given to land-owning farmers at 7 per cent is essentially a welcome move. This is especially so in a context where there is no real clarity on how the current monsoon will turn out to be, running at a deficit of 7 per cent as it does currently. With an additional subvention component of...
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Indian Metereologists Can't Figure Why Monsoon Is Defying El Nino -Jacob Koshy
-Huffington Post NEW DELHI - A searing El Nino was to have sucked the rains out of India, but meteorologists here can't explain why is it raining so much. Rains in north-west India are, as of 21st July, eight percent more than what the region usually gets between June 1 --the onset of the monsoon--and late July. Moreover the latest forecast from both state and private meteorologists is that beginning this week,...
More »Project without a plan -Jitendra
-Down to Earth After two budgets and Rs 5,300 crore in funding, the Centre's micro irrigation project that promises water to every farmland is not even close to a roll-out The news of deficit monsoons this year has once again left the Centre worried. A concerned prime minister chaired a high-level meeting on June 8 where he emphasised the need to quickly augment the irrigation capacity of the country. But he conveniently...
More »Good monsoon spells good news for kharif, sown area up 62% from last year -Amit Bhattacharya & Vishwa Mohan
-The Times of India NEW DELHI: Backed by better monsoon rains so far as compared to the same period in 2014, the kharif (summer crop) sowing operation has picked up substantially in the last three weeks. The sown area touched 563 lakh hectares as on Friday which is nearly 62% more than what the country had reported at this time last year. The fast pace of sowing raised hopes that the total...
More »India’s drought concerns ease as monsoon beats the odds -Amit Bhattacharya
-The Times of India NEW DELHI: It hasn't washed away the fears of deficit rainfall, but the monsoon's satisfactory performance so far has sharply reduced the possibility of a second consecutive drought in the country this year. In a drought year, average nationwide rainfall is at least 10 per cent below normal. As of now, almost halfway into the rainy season, the monsoon is 2 per cent below average, still within the...
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