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Farmers sell gold on fears of poor crop-Sutanuka Ghosal

-The Economic Times Piyush Khanolkar, a 38-year-old farmer from the Marathwada district of Maharashtra, has just sold off 10 gm of gold which he had accrued over a period of last five years to a local jeweller. With good rains not in sight yet, he has been forced to sell off the gold to create a corpus to meet his family needs in the coming months if there is a crop failure. Prabhu...

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Rain hope with rider

-The Telegraph Weather scientists today predicted two weeks of active monsoon coming up but cautioned that without steady excess rainfall over the next eight weeks, the prospects of a normal monsoon this year will recede. Atmospheric conditions now appear favourable for two weeks of good rainfall across peninsular, central and northern India, but the activity is unlikely to be driven by typical monsoon season mechanisms such as depressions in the Bay of...

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Reading the rains

-The Hindu This year, not only did the monsoon reach India a few days late but its progress thereafter has been alarmingly lackadaisical. While Assam has been deluged and is reeling from the resulting floods, over 85 per cent of the country is suffering from far too little rain. The result is that the nationwide rainfall deficit stood at a grim 29 per cent at the end of June. Rainfall data...

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IMD predicts a turnaround in monsoon scenario-P Sunderarajan

There could be a turnaround in the monsoon scenario in the next four to five days, according to the latest forecast of the India Meteorological Department (IMD). In its weekly report released on Friday evening, the IMD said “an analysis of the current meteorological conditions indicate increase in rainfall activity in east, central, and north-west India due to development of the seasonal east-west trough, with embedded upper air cyclonic circulation. “The condition...

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Weak monsoon may raise demand for NREGA work-Devika Banerji

Weak performance of monsoon this year has led the government to anticipate a significant increase in demand for work under its flagship ruralemployment guarantee scheme. The rural development ministry has asked all states to prepare contingency plans and review their estimates of work demand under Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The move is an indication that the Centre is not very certain of monsoon catching up in the...

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