Two back-to-back reports that shed light on the status of MGNREGA implementation in the country, have been released recently from the Ministry of Rural Development (MoRD). A review of MGNREGA implementation in 8 different states of India by a team of experts during the month of May this year reveals that in many of the drought affected districts, the Gram Panchayats have no work to offer under the programme. (Please click...
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ICAR sees foodgrain output at 270 million tonnes -KV Kurmanath
-The Hindu Business Line Hyderabad: With weathermen forecasting a normal monsoon this time, the Indian Council of Agricultural Research (ICAR) hopes to see a total foodgrain production of 270 million tonnes (mt) this year. “The IMD predicts a normal monsoon this year and we should be having good rainfall. The foodgrain production in the country has come down by 10-12 mt in the last two years because of drought,” ICAR Director-General Trilochan...
More »Good rains likely over north India from June 26: IMD -Sanjeeb Mukherjee
-Business Standard So far, in the southern Peninsula and northwest India, the southwest monsoon is around 15 per cent and three per cent above normal, respectively New Delhi: Northwest Indian states of Uttar Pradesh, Delhi and Punjab might get good rains from June 26 to July 10, the India Meteorological Department (IMD) said on Thursday in its weather update. The southwest monsoon, according to IMD, has been around 18 per cent below normal...
More »How to combat food price rise before its too late -Lekha Chakraborty and Pinaki Chakraborty
-The Financial Express Persistence of high food inflation can harden the monetary policy stance and make fiscal choices difficult Food inflation increased to 7.9% in May 2016 as against 4.23% in April. This sudden spurt in food inflation is attributed to vegetable prices, followed by pulses and sugar. Is this a short-term spike or will it be a persistent one? If it is going to be a persistent one with pass-through effects,...
More »Maharashtra: Doubts loom over bank loans, may hit over three lakh farmers -Partha Sarathi Biswas
-The Indian Express The Maharashtra Gramin Bank has written to the district collectors of eight districts expressing inability to disburse crop loans for the upcoming kharif season. Mumbai: The prediction of a good monsoon may not be enough to bring cheers to farmers of Marathwada, as questions are being raised over disbursement of crop loans in the region. The Maharashtra Gramin Bank has written to the district collectors of eight districts...
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