-The Economic Times BENGALURU: To fend off an agrarian crisis similar to the one sweeping across parts of north India and prevent farmer suicides, Karnataka has begun to implement a scheme to monsoon-proof the farmer that could turn out to be a national solution. About 35,000 farmers across the state's 175 taluks are implementing the pilot programme by setting up polythene-lined water storage ponds in their fields to prevent water seep age...

-Livemint.com How farmers in chronically drought-prone Bundelkhand made the rational choices to improve their lot and yet ended up in a debt trap Banda/New Delhi: “I have made up my mind. I cannot repay my loans. I cannot free my land. I will die,” Ram Bahadur Singh said, with a casual chuckle. The neighbours seated around did not react; after all, this was not the first time that the 52-year-old from...

-The Hindu Business Line The recent devastation of crops shows that the Indian economy continues to be a ‘gamble’ on the rain. But can India Meteorological Department’s new model make it predictable? Moisture wrecks a farmer's life. Since February this year, lakhs of farmers across 14 states were left with damaged crops. Unseasonal rains destroyed crops on 11 million hectares spread over Rajasthan, Uttar Pradesh, Haryana, Madhya Pradesh, Maharashtra and Punjab....

-The Telegraph The 2015-16 budget was presented to the Lok Sabha by the finance minister on February 28, 2015. The first half of the 2015 budget session of both Houses of Parliament has just ended. The highlight was the passing of a number of bills and the budget debate. The debate on the budget in the Rajya Sabha was a long one, lasting over 10 hours. Several speakers participated, drawn from...

-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...