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Does good monsoon mean big consumption boost? -Mayank Mishra

-Business Standard FY10 was a drought year with a monsoon Rainfall deficiency of 22 per cent of the 50-year average, resulting in a seven per cent dip in the total foodgrains production. But, that did not dampen the consumer sentiment as the auto sector grew by 26 per cent, fast-moving consumer goods (FMCG) 25 per cent and the consumer durables sector by 21 per cent. The momentum continued the following year,...

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Yogendra Yadav, leader of Swaraj Abhiyan, interviewed by Ajoy Ashirwad Mahaprashasta

-Frontline Former psephologist Yogendra Yadav, now a member of the political collective Swaraj Abhiyan, recently toured India’s drought-affected districts. He called it a Samvedna Yatra. During the tour, he took note of the agony in rural areas affected by what he calls “one of the worst droughts in independent India” The drought, according to him, has left farmers and the larger rural community in extreme distress, leading to damaging changes in...

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Drought or no drought, farm sector adapts to low rainfall -Sanjeeb Mukherjee

-Business Standard Despite two consecutive years of deficient rains, farm growth was positive in Q2 of 2015-16 The India Meteorological Department (IMD) might have decided to drop the use of the word “drought” from its nomenclature, but even if it had not done so, it would have hardly made a difference. Studies show that Indian agriculture has, over the years, developed an inherent resistance to drought. The share of agriculture in the overall...

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IMD declares an end to droughts in India -Nikita Mehta

-Livemint.com The Met dept has decided to simply replace the word ‘drought’ to describe poor rainfall with ‘deficient year’ and ‘large deficient year’ New Delhi: There will be no more droughts in India. Since it can’t control the weather but can control language, the state forecaster India Meteorological Department (IMD) has decided to simply replace the word “drought” to describe poor rainfall with “deficient year” and “large deficient year”. What appears to be...

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Ramesh Chand, Member, NITI Aayog speaks to Mahendra Kumar Singh & Surojit Gupta

-The Times of India Ramesh Chand has spent over three decades in farm research and teaching agricultural economics and policy. He has now been appointed as a key member of the NITI Aayog to prepare a blueprint for the revival of the agricultural sector. In an interview to TOI, Chand talks about prices, rural distress, role of cutting edge technology and the need for state run institutions in the farm sector....

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