-Down to Earth No acknowledgement from government as unofficial drought spells ruination for farmers in central and north-west India Even though IMD will declare a drought confirmation later in the year, the unofficial drought continues to exist. The threat of one of the worst droughts looms large over India. The India Meteorological Department declared that the country as a whole received 43 per cent less rainfall till July 11, 2014. The average amount...
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Have India's farm suicides really declined? -P Sainath
-BBC Are fewer farmers killing themselves in India today? Yes, according to the latest data from the country's National Crime Records Bureau (NCRB). A total of 11,744 farmers ended their lives in India in 2013, down from 13,754 farmers in 2012. Most farm suicides have been linked to debt, a sharp rise in input costs, serious water crises, price volatility and crop failure due to pest attacks and disease. A total of 296,438 farmers...
More »The good is in the detail -S Gurumurthy
-The Hindu The national discourse is so superficial that it only talks of foreign direct investment, investment allowance, tax sops and the like which are just about a twentieth to a sixth of the national economy. It did not even notice paragraph 102 in the Union budget speech which is about half of India's economy. Commentators see facts hidden in budgets as the "devil's in the detail." This presumes that only...
More »Monsoon, a key driver of Indian economy -Naveen Mathur
-The Hindu Business Line Below normal rainfall will result in agricultural production declining India, predominantly an agriculture-based economy, is largely dependent on the monsoon. The agriculture sector is the backbone of the Indian economy and thus, monsoon should be considered as the backbone of agriculture. The four-month South-West monsoon season, accounts for nearly 75 per cent of the country's total rainfall and plays a crucial rule as about 55-60 per cent of...
More »Drought stares at 38 districts -Sanjeeb Mukherjee
-The Business Standard Centre keeps close watch, prays for rain revival; area under paddy, coarse cereals at 5-year low till now With the southwest monsoon's progress a worry, the Union department of agriculture is keeping a close watch on 38 districts across the country where the rainfall condition till June has been alarming and chances of drought are the highest. The assessment is based on rainfall in June and the first few days...
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