-Hindustan Times Amritsar: Even as northern states, including Punjab, have witnessed better rainfall this season as compared to previous years, farmers are worried about the yield of their kharif crops. The agriculture department officials say in comparison to previous years, the amount of rainfall was better this monsoon. Also, there was enough sunshine as required by the crop, another positive sign promising a good yield. “Around 20% more rainfall has been recorded...
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Keep a watch on food inflation
-The Hindu The latest inflation readings based on the Wholesale Price Index and the Consumer Price Index are a cause for concern. While the annual gain in wholesale prices hit a 23-month high of 3.55 per cent in July, retail inflation quickened past the Centre’s new Monetary Policy Framework’s upper limit for tolerance to 6.07 per cent. Food costs — a key component in both indices — were the main culprit....
More »Deficient monsoon may force farmers to go for pulses, millets
-The Times of India COIMBATORE: Pulse and millet production in the district may increase next year, if the North-East monsoon also fails like the South-West monsoon. The district has received only 36% of the rainfall expected during the SW monsoon, forcing farmers to start considering short-term rainfed crops if the NE monsoon also fails. However, the situation might be advantageous, considering the skyrocketing pulse prices. The district has received only 58mm of...
More »Food inflation to cool in August with prices of crops falling steeply amid good rains -Madhvi Sally
-The Economic Times NEW DELHI: Food inflation is poised to moderate significantly when data for August is released next month as the wholesale price of pulses has eased 30% while vegetable rates have dropped as much as 50% in some markets in the past four weeks because normal monsoon rainfall has raised prospects of a bumper harvest after two years of drought. Prices of all farm commodities are likely to fall noticeably...
More »Monsoon enters weak phase in most parts -Sanjeeb Mukherjee
-Business Standard Meteorologists said the slump could push the cumulative monsoon into the negative zone for the first time New Delhi: The southwest monsoon, which has had a stupendous run so far in 2016, has entered a weak phase for the first time since it gathered steam in July over most parts of the country. Eastern, northeastern India and parts of central India have been spared from this lull, which might continue...
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