-Outlook India's foodgrain production is projected to increase marginally in the kharif (summer) season this year to 129.32 million tonnes after more than half the country received normal monsoon rains. "Total foodgrain production in the kharif season of the 2013-14 crop year is definitely expected to be higher than last year's level at 129.32 million tonnes," Agriculture Minister Sharad Pawar told PTI. Foodgrain output stood at 128.2 million tonnes in last year's kharif...
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Vidarbha, West MP get highest rain-Sanjeeb Mukherjee
-The Business Standard As the southwest monsoon enters the last leg of its four-month journey, 2013 will be remembered as one of the best years in overall quantum and distribution of rainfall across India. More than expected rain so far have pushed up kharif sowing in a big way, which will not only add its bit to gross domestic product (GDP) growth but blunt inflationary pressures. If the intensity is maintained, India...
More »Hoarding pushing up onion prices up, govt finds -Rajeev Deshpande
-The Times of India NEW DELHI: The onion crisis gripping the government might be largely man made. Slow release of onion stocks by a clutch of traders rather than a shortfall in production has emerged as a key reason for retail prices rocketing to Rs 70-80 a kg. The government uncovered the plot - hatched by traders operating from major onion markets in Nashik in Maharashtra - as it sought to figure...
More »CoS meeting to wipe onion tears -Gargi Parsai
-The Hindu The panel is planning to crack down on hoarders and enhance the availability of onions Priced between Rs. 60 and Rs. 80 per kilogram in several parts of the country, onions are bringing tears to housewives. Concerned at the problem, the Committee of Secretaries is meeting here on Wednesday to take steps - including a crack down on hoarders - to ease the situation. Onion produce in Andhra Pradesh and Karnataka...
More »Record rains in June aids power, agricultural output -Madhvi Sally
-The Economic Times NEW DELHI: Agriculture output is poised to accelerate and power deficits will narrow as the monsoon has begun bountifully in its first month, irrigating fields and filling up reservoirs with the heaviest June rainfall in more than a decade. Rainfall has been 32% above normal in June, injecting moisture into fields and preparing them for early sowing of kharif crops and reducing the farmer's need for electricity or diesel...
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