The US Department of Agriculture (USDA) has revised upwards the cotton production estimates for India in 2010-11 crop year by one million bales to 26 million bales, on account of higher area and expectation of better yield. “India’s 2010-11 cotton production is forecast at 26 million bales, weighing 480 pounds each, up 4 per cent from last month, and up by 2.5 million or 11 per cent from last year,” USDA...
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Inflation forecast for India to be scaled up
Tight money policy means more capital inflows: ADB Lower middle class worst affected by inflation Infrastructure development, farm productivity can help With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday said that it was likely to scale up its inflation forecast for India by the end of September. Speaking to the media after the launch of the ADB's flagship annual statistical...
More »Overcoming the Malthusian scourge by Jeffrey Sachs
Complexity and unsolved problems are at the very heart of the sustainability challenge, and at the very heart of M.S. Swaminathan's thinking and essays. In 1798, Thomas Robert Malthus offered the piercing insight that geometric population growth would inevitably outstrip food production, leaving society destitute and hungry. Since that time, our optimism of beating the “Malthusian curse” has waxed and waned. Few people in modern history have done more to help...
More »World population to reach 9.4 billion by 2050, India to clock 1.7 billion
World's population is expected to reach 8 billion mark by 2025 and would further increase up to 9.4 billion in 40 years from now but India will creep up to 1.7 billion by 2050, US experts have said. The current population of the world is 6.8 billion, while India has a staggering graph of 1.2 billion, a place behind China with 1.3 billion. Africa's population will be growing most quickly....
More »Monsoon soaks India soybean area after June lag by Ratnajyoti Dutta
India’s vital monsoon rains revived in the soybean-growing central region on Thursday, after a two-week lag that reduced June rainfall to 16% below normal, the second lowest in 15 years. Heavy showers in the central Madhya Pradesh state would accelerate soybean planting in the world’s top importer of edible oils and ease growing nervousness about monsoon rains. The weather office reaffirmed its prediction of a normal monsoon this year, in line with...
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