-The Times of India COIMBATORE: The rainfall pattern during the current south-west monsoon is similar to 2009 when the country witnessed a drought. The overall rainfall deficiency has been 21.9% below the LPA ( Long Period Average) till July 18, which is similar to the one witnessed in 2009. This has raised the specter of drought in the country this year, observers tracking the agriculture sector have said. A drought year is...

-CNN-IBN With deficient monsoon rains throughout the country so far, experts have now warned that the drought situation can no longer be ignored and that it is the time to act. Food Minister KV Thomas admitted on Tuesday that the situation is worrisome and that the government will have to take measures to check hoarding as deficient rainfall will lead to crop failure. Commission for Agriculture Costs and Prices (CACP) Chairman Ashok...

-The Economic Times This year's frail monsoon has depleted Indian reservoirs to alarming levels last seen during the devastating drought of 2009, threatening even winter-sown crops and making the country vulnerable to drinking water scarcity by February as India's grossly inadequate storage capacity magnifies the impact of weak rainfall. The situation is precarious because the monsoon has delivered normal rainfall to only one-third of the country. The total deficit so far this...

-Live Mint There is no dearth of advisors for a government considered to be in the grip of a policy paralysis and whose prime minister is dubbed an “underachiever”. In this season of India-bashing, US President Barack Obama spared some time from his election campaign and offered some pearly words of wisdom on the Indian economy. This came at a time when in his own backyard, thousands of people marched in...

-The Hindustan Times Despite a pickup in rainfall last week, the southwest monsoon remains in deficit by a significant 22%, almost certainly lowering annual production of grains, pulses and oilseeds, the three crops where sowing has been worst hit. The Met office’s estimate coincided with the release of food inflation data that showed a worrying 10.81% rise in June from a year earlier, up from a 10.74% rise in May, an...