-The Economic Times A late revival of monsoon may have narrowed the rain deficit to single digit (9%) but it is unlikely to help boost food grains production. "There would be a decline in the overall food grains production. There would be some drop in the production of pulses and coarse cereals," said Agriculture Secretary Ashish Bahuguna. He said the indication will start coming after the first advance estimates of the kharif...

-The Hindu The World Bank has joined the chorus warning the world of an impending food crisis with damaging food price inflation. In its late-August edition of its Food Price Watch the Bank reported that global prices for food as reflected by its Food Price Index rose 10 per cent in July 2012 alone. The prices of staples such as corn and soya bean were at an all-time high that month,...

-People's Democracy IT seems the Sheila Dixit government of Delhi, backed by powerful elements in the UPA-2 central government, will let nothing stand in the way of water privatisation in the capital. Several earlier attempts going back many years to fully or partially privatise distribution of water, especially the big loan application to the World Bank in 2005, were foiled by vigilant community organisations, public interest groups, trade unions and political...

-The Times of India The monsoon in August has beaten most expectations, including the India Meteorological Department's outlook of 96% rain for the month, by registering 99.6% of normal rainfall (till August 29). The rain rally, particularly impressive in north India, has raised hopes of a better than expected kharif crop output. The overall monsoon deficit now stands at 12%, considerably better than 19% when the month began. The northern states, which...

-Live Mint Mahindra and Mahindra Ltd, the world’s biggest tractor maker by volume, cut its forecast for sales growth of the farm equipment in India as the worst rainfall in three years delays crop sowing. Mahindra estimates industry sales to expand as little as 2% in the year ending 31 March, Pawan Goenka, president of the automotive and farm equipment division at the Mumbai-based company, said in an email response on Thursday. Goenka...