-The Hindu This year, the monsoon has been in rumbustious form. It swept in to Kerala on June 1 and then headed off north with surprising rapidity. So much so that the rain-bearing cloud systems covered the whole country by June 16, a process that is typically completed only by around the middle of next month. Moreover, it has rained copiously. Consequently, about three-quarters of the country have received much...
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Prices of vegetables & spices crash upto 20% due to the brisk start to monsoon -Sutanuka Ghosal
-The Economic Times KOLKATA: Prices of vegetables and spices have dropped up to 20% in the past month and are likely to remain low as higher output along with the brisk start to the monsoon has calmed the market. The drop in vegetable prices, on top of the global fall in various commodities from aluminium to zinc, is good news for policymakers as stubbornly high inflation has hindered moves to cut interest...
More »Agriculture growth declined in Maharashtra: Economic Survey
-PTI MUMBAI: The annual economic survey, tabled in the Maharashtra Legislature today ahead of the presentation of State budget for 2013-14 tomorrow, reveals a decline in agriculture growth in the state. "The agriculture sector growth has declined by 1.4 per cent, the growth of agriculture and allied sectors has declined by 2.1 per cent. The industry sector is expected to grow at 7 per cent, while the services sector is expected to...
More »31 of 32 districts in Tamil Nadu drought-hit: J Jayalalithaa
-The Times of India CHENNAI: Chief minister J Jayalalithaa on Friday declared that all districts of Tamil Nadu, except Chennai, were drought-hit. After a disastrous monsoon and with Karnataka proving intractable on release of Cauvery water, experts said the CM's statement appeared calculated to buttress the state's case in court for immediate relief. But Jayalalithaa injected the declaration with a sense of urgency, saying finance minister O Paneerselvam would lead a high-level team...
More »Foodgrains output may drop this year-Gargi Parsai
-The Hindu After a record run in two consecutive years, foodgrains production is likely to decline this year owing to the deficient southwest monsoon during the 2012-13 kharif season. This adversely impacted the output of pulses, coarse cereals and oilseeds, with a bearing on their price levels. But what may bring down the overall output is the slightly lower area sown under rabi wheat, rice, coarse cereals and minor oilseeds. The crops...
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