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Parts of West India stare at drought

-The Times of India The government on Tuesday admitted that a drought-like situation may prevail in parts of western India and said contingency plans were being worked out to ensure drinking water and fodder in distressed areas. Monsoon is delayed Western India is expected to be worst affected and drought like situation might prevail in some pockets," agriculture minister Radha Mohan Singh was quoted as saying in a PTI report. The assessment will...

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Making agriculture remunerative -Ashok Gulati, Nidhi Satija & Bhavik Lukka

-The Financial Express Unless we get it right on the markets front, including opening up of exports, farmers cannot get their full due One of the key objectives of agricultural price policy in India is to ensure that agriculture remains a remunerative occupation so that farmers are incentivised to adopt modern technologies that help raise productivity and overall production of various crops in the country broadly in line with the emerging demand...

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Bitter sweet -Alok Sinha

-The Indian Express Healing the sugar sector and curbing inflation need brave reform. The first month of great expectations is over. But no magic is possible in such a short period of time. The treasury is scraping the bottom of the barrel, and reviving growth calls for herculean efforts to put the economy back on the rails. Meanwhile, fears of an impending failure of the monsoon have spiked inflation, which is at...

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India’s Informal Economy: 400 Million Strong, Little Or No Access To Workplace Benefits -Angelo Young

-International Business Times   Consider this: There are 400 million Indians with no access to workplace benefits, such as social security, health insurance or unemployment insurance, a number higher than the population of the United States and Canada combined, according to a Delhi-based group of economic researchers. So, as the United States GRAPples with growing income inequality, it takes a country like India to put some of those economic and working realities into...

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Global food prices down for second straight month in May, UN agency reports

-The United Nations   The United Nations Food and Agriculture Organization (FAO) reported today that global food prices were down for the second straight month in May and that the outlook for worldwide cereal supply has improved considerably since last month. FAO's Food Price Index continued its decline from the 10-month high it experienced in March, the agency said in a news release, noting that prices fell as generally ample supplies weighed on...

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