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Farmers' prospect destroyed by erratic rains

Like 2015, this year too unseasonal rainfall and hailstorm have taken the farmers by surprise. Recent media reports suggest that extreme weather event has damaged rabi crops in a number of states from north India. The Weekly Weather Report prepared for the week spanning 10-16 March, 2016, which was issued by the India Meteorological Department (IMD), shows that excessive rainfall was observed in Jammu and Kashmir, Himachal Pradesh, Punjab, Uttarakhand,...

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Costlier food continues to hurt southern States -Maulik Madhu

-The Hindu Business Line In 2015, vegetable, milk and cereal inflation was higher than all-India average   While food prices rose at a slower pace across India in 2015, the poor in the South and certain other parts of the country saw no respite and had to continue spending more for a decent meal. Manipur, Karnataka, Andhra Pradesh, Telangana, Tamil Nadu and Jammu & Kashmir faced higher food inflation in 2015 compared with 2014,...

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Impending rains pose a risk to rabi harvest -Nikita Mehta & Sayantan Bera

-Livemint.com The rainfall which is expected to hit the states between 11 and 15 March will be caused by an intense western disturbance currently lying over Iran New Delhi: After two back-to-back deficient monsoons and a warm and dry winter, India Meteorological Department has warned of heavy unseasonal rain and hailstorm in 14 Indian states, which could pose as a threat to the Rabi harvest. The rainfall which is expected to hit...

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Rail Budget 2016: Kudos Suresh Prabhu, for signalling much-needed focus shift to customers, staff -Payal Dey

-FirstPost.com Preparation of budgets is traditionally an incremental process: the first railway budget of the present government took off from the landscape sketched in the 12th Five Year Plan. Expansion, modernisation and development of railway infrastructure were to be given thrust through 3Ps: Public-Private Partnerships. Budget 2016-17, however, promises a new horizon on two fronts: overcoming challenges through 3Rs: Reorganising, Restructuring and Rejuvenating Indian railways, and introducing pillars of strategy, including zero-based...

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Govt bullish on MGNREGS, but bearish on funds -Nitin Sethi

-Business Standard Centre owes states Rs 5,595 crore for work already completed A day after the government claimed success in Parliament over implementing the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), government data reveal the Centre owes states Rs 5,595 crore dues for work already completed — 16 per cent of the budgeted funds for the scheme — causing stress to people, particularly in drought-hit states. After two quarters of revival in...

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