-The Economic Times When the country was growing at more than 8 per cent for about a decade, services and manufacturing were the darlings of policy-makers, investors and talking heads. Agriculture, a segment that employs nearly half the hundred crore population of the country, was hardly mentioned even in passing. This year, thanks to a poor monsoon, suddenly the farmers are the centre of India's growth story, or the lack of...
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Floods worsen in Assam as heavy rain continue to lash Arunachal -Prabin Kalita
-The Times of India GUWAHATI: The flood situation in the Assam worsened further on Saturday as heavy showers continued in Arunachal Pradesh. A population of nearly five lakh in 14 districts has been hit. According to the MET department, the southwest monsoon was vigorous over Arunachal Pradesh and also active over Assam and Meghalaya in last 24 hours, causing light to moderate rain at most places in Arunachal Pradesh and some places...
More »Likely drop in food output to keep prices high -Zia Haq
-The Hindustan Times Indian households, already paying more for food, could see prices remain high because of a likely fall in farm output, despite an abating drought. Although the monsoon has improved to be only 8% below average until September 12, production of pulses, cereals and sugar is likely to decline from last year's levels, when India posted a record harvest. "Although stocks are plentiful now, prices remain a real cause of concern...
More »Govt works on new monsoon model -Zia Haq
-The Hindustan Times India is building a new system to predict the monsoons - one that will forecast summer rain more accurately than the present model. This comes after the ministry of earth sciences, which oversees the Met department, concluded that its 'empirical method' has become obsolete. The new model - called the dynamic model - will cost Rs. 400 crore and take three years to be ready. "Though the empirical model is still...
More »Monsoon revival unlikely to boost food production; food prices likely to go up- Rituraj Tiwari
-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...
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