-The Telegraph New Delhi: Official statistics suggest the juggernaut of India's economy has started to roll at a clattering pace. But some analysts stayed cautious, keeping in mind the low investment levels. The Central Statistical Organisation (CSO) today said the gross domestic product (GDP) - the broadest measure of the economy - had grown at a robust 7.9 per cent in the fourth quarter (January-March 2016), which enabled the government to fulfil...
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Drought cripples farm sector -Sanjeeb Mukherjee
-Business Standard The first two years of the Narendra Modi government were marked by big announcements that will take their time to materialise. The one sector that is unfazed by slogans is agriculture. The sector is crippled by back-to-back droughts coupled with a record fall in farm prices. A slump in global markets meant that agriculture exports, which could provide farmers alternative revenue, dried up. Agriculture and processed food exports from India...
More »INDIA FOCUS: Drought and drinking water shortage. More than one-third of India is affected. Click here for info and links.
Situation alarming: More than one-third population hit by drought The country is facing severe drought for the second consecutive year. Conservative estimates from official sources show that over a quarter of rural habitations are facing drinking water scarcity. Although both India Meteorological Department and Skymet have predicted a more than normal rainfall during June-September, 2016, the water storage available in 91 major reservoirs of the country has declined from 22 percent...
More »What does the ongoing drought teach us -Kunal Shah
-Hindustan Times With progressively increasing severity of rising temperatures and rain deficits over two consecutive years – 2014 and 2015, the Great Indian Drought was always coming. The India Meteorological Department, ministry of home affairs, the ministry of water resources, the Ministry of agriculture and farmers welfare office, and the National Disaster Management Authority knew it. The question is, what did we do with this knowledge? Six hundred million of India’s 1.2 billion...
More »Government working on agro-industrial policy -Dhaval Kulkarni
-DNA To add value to the ailing farming sector in Maharashtra, which is reeling under successive droughts, agrarian distress and a negative growth rate, the state government is working on an agro-industrial policy. "We are working on an agro-industrial policy. It will look at granting incentives to agro-industries like food processing units, which will help create value chains for farmers and set up facilities like cold storages. The policy will also grant...
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