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WPI inflation dips to record low in April

-PTI Inflation, as measured on the Wholesale Price Index (WPI), has been in the negative zone since November, 2014. Deflationary pressure continued for the sixth month in a row with inflation dropping to a new low of (-)2.65 per cent in April, mainly on account of decline in prices of fuel and manufactured items even as food prices increased. Inflation, as measured on the Wholesale Price Index (WPI), has been in the negative...

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'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...

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Small farmers struggle for survival in Punjab -Sayantan Bera

-Livemint.com How increased mechanization, volatile prices and stressed farm incomes are leading to a consolidation of agricultural land in Punjab Patiala/Sangrur/New Delhi: A farmer selling his farm equipment is a telltale sign of distress. But Maghar Singh doesn’t regret doing it. Six years ago, he sold his tractor, harvester and other equipment, and rented out his 8 acres (3.2 hectares) of land in Patiala in south-eastern Punjab where he used to...

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Five steps government can take to fix ongoing farm crisis - Sayantan Bera

-Livemint.com Experts outline steps to tackle the woes of the rain-dependent sector, with Met dept seeing a below-normal monsoon Agriculture in India is going through one of its worst periods in recent times. On the one hand farm incomes have been dented by falling prices of crops—both of key crops like rice, wheat and cotton as well as cash crops like rubber, basmati rice, guar gum and Potatoes. On the other,...

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Potato test for government -Jitendra

-Down to Earth The crash in Potato price is triggering a wave of suicides in several states. Will the NDA government's ambitious Price Stabilisation Fund help farmers? Soon after the National Democratic Alliance government announced its ambitious Price Stabilisation Fund to contain price volatility in the domestic market, the scheme faces its acid test. A bumper crop has led to a free fall in Potato prices in several states this year. Between...

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