-The Business Standard   Food Corporation to restrict procurement of foodgrain from states announcing additional sops In a crackdown on the practice of states announcing bonuses on the minimum support price (MSP) for wheat and rice, the Centre has said Food Corporation of India (FCI) will restrict procurement of foodgrain from such states. This will be effective from the coming rice procurement (October 2014-September 2015) and wheat procurement (April 2015-March 2016) seasons. If states...

-The Hindu   A welter of problems may be in store for the country These are testing times for the Narendra Modi government in the farm and food sector: the south-west (June-September) monsoon is delayed, deficient and weak; kharif sowing, much of which is rain-fed, is lagging by over 17 per cent over last year; rising food prices are pushing up inflation and pulling down growth. Right now the prices of only perishable...

-The Times of India   NEW DELHI: The government is ready with a contingency plan to deal with below normal rains this monsoon with a series of steps including diesel subsidy for farmers in the rain-deficient districts, crop loans at lower rates and release of foodgrains to deal with a possible shortage. Amid reports of below normal rains, the agriculture ministry presented the plan for 500 districts during a meeting called by Prime...

-Mail Today   New Delhi: And this dread scenario could well unfold, with the Met prediction of a below-normal monsoon on Monday being underlined by Earth Sciences Minister Jitendra Singh who admitted that the forecast is of below-average rainfall. Precipitation in the June-September period is expected to be between 90 and 96 per cent of the long-term average, added the minister. What he didn't say was that the India Meteorological Department...

-The Times of India   NEW DELHI: The Narendra Modi government officially acknowledged that it is gearing for its first big test with the Met downgrading its monsoon forecast from 95% to a likely 93% of the long period average rainfall. "The government is alert about the possibility of a subnormal monsoon this year and contingency plans are being prepared," President Pranab Mukherjee said in his address to Parliament on Monday. The official word...