-The Business Standard A delayed monsoon and abundant cotton in the international market could spell trouble in the state's suicide zone Yavatmal (Maharashtra): As the skies stayed clear till the second week of June, Ramesh Gulabhrao Digde's mood darkened. His two acres were ploughed at great expense, the seeds were purchased, and a sack of fertilisers lay in a corner of his thatch-roofed hut in Parsodi village in western Maharashtra's Yavatmal...
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Commodities price ease as monsoon advances -Suresh P Iyengar
-The Hindu Business Line Edible oil, sugar prices drop sharply as rainfall deficit shrinks to 19% Mumbai: With the Monsoon Deficit shrinking and the Government keen to crack down on hoarders, prices of most essential commodities such as edible oil, sugar and wheat are showing signs of softening in the wholesale market. After a lacklustre start, the South-West monsoon has recovered since mid-July. The rainfall deficit has shrunk to 19 per cent currently.....
More »Saving Agriculture from Drought
-Press Information Bureau/ Ministry of Agriculture Cumulative rainfall till 05.08.2014 was 405.3 mm which is 19% less than normal or Long Period Average (LPA) of 499.3 mm. As per information provided by IMD, out of 620 districts for which rainfall data is available, 251 (40%) have so far received normal/excess rainfall. State Governments are empowered to initiate appropriate relief measures in the wake drought from funds readily available under State Disaster Response...
More »50% diesel & seed subsidy to farmers in rain deficit areas
-PTI New Delhi: With an aim to save standing kharif crops from weak monsoon, the Centre on Thursday announced 50 percent diesel subsidy to farmers in places where rainfall deficiency was more than 50 percent as on July 15. The 50 percent subsidy will also be applicable to places as and when states declare them as drought-hit. The government also raised the subsidy ceiling to 50 percent on seeds in order to partially...
More »Procurement target for rice set at 30 mt
-The Financial Express Despite the delayed monsoon and slow progress in sowing, the government on Monday set a 30 million tonne (mt) rice procurement target for the 2014-15 kharif marketing season, starting October. Despite the delayed monsoon and slow progress in sowing, the government on Monday set a 30 million tonne (mt) rice procurement target for the 2014-15 kharif marketing season, starting October. This is a moderate revision from the previous year's kharif...
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