-The Hindu This year, the monsoon has been in rumbustious form. It swept in to Kerala on June 1 and then headed off north with surprising rapidity. So much so that the rain-bearing cloud systems covered the whole country by June 16, a process that is typically completed only by around the middle of next month. Moreover, it has rained copiously. Consequently, about three-quarters of the country have received much...
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Prices of vegetables & spices crash upto 20% due to the brisk start to monsoon -Sutanuka Ghosal
-The Economic Times KOLKATA: Prices of vegetables and spices have dropped up to 20% in the past month and are likely to remain low as higher output along with the brisk start to the monsoon has calmed the market. The drop in vegetable prices, on top of the global fall in various commodities from aluminium to zinc, is good news for policymakers as stubbornly high inflation has hindered moves to cut interest...
More »Agriculture growth declined in Maharashtra: Economic Survey
-PTI MUMBAI: The annual economic survey, tabled in the Maharashtra Legislature today ahead of the presentation of State budget for 2013-14 tomorrow, reveals a decline in agriculture growth in the state. "The agriculture sector growth has declined by 1.4 per cent, the growth of agriculture and allied sectors has declined by 2.1 per cent. The industry sector is expected to grow at 7 per cent, while the services sector is expected to...
More »Economic Survey 2013: Indian agriculture largely a success story
-The Economic Times It is consoling that despite a deficit of 8% in south-west rainfall during 2012-13 compared to its long period average (LPA), agriculture's contribution to GDP growth is likely to be around 1.8%. It is also good news that the revised figure of agri-GDP for the 11th Plan as a whole is 3.6%, up from 3.3% estimated earlier. Gross capital formation in agriculture as a percentage of agri-GDP has almost...
More »A boon in the rural landscape: Data shows that the MGNREGA is doing more to create employment than many have argued recently -Neelakshi Mann, Varad Pande & Jairam Ramesh
-The Times of India Few government programmes are as debated in this country as the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). Introduced by the UPA government in 200 backward districts in 2006, and extended to the entire country by 2007-08, MGNREGA has become a fact of life in rural India; on an average around 25% of rural households seek employment under the scheme annually. In recent times, it has become...
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