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India confirms drought as El Nino looms

-Reuters Monsoon rains will not be enough to save the country from its first drought in three years, the weather office said on Thursday as it forecast that the El Nino weather pattern should reduce rains again in the second half of the June to September season. India, one of the world's largest food producers and consumers with a population of 1.2 billion, last suffered a drought in 2009, which forced it...

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Dry spell impedes sowing of spices- PK Krishnakumar

-The Economic Times KOCHI: An extensive dry spell has affected the sowing of chilli, turmeric, cardamom and pepper. Rains have been weak this season in southern states, where the spices are mostly grown. Chilli acreage has fallen by over 40% in Andhra Pradesh and Karnataka, which account for a majority of the spice cultivated in the country. Chilli farmers are finding cotton a better option as it needs less moisture. Interestingly, most growers...

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Domestic cotton now gives Bt variety a run for its money-Jayashree Bhosale

-The Economic Times PUNE: Ravindra Daftari, chairman , Daftari Agro, said, "We used to sell 2,000 packets of desi seeds. But this year, sales went up to 9,000 packets. Next year, we plan to increase the production of desi seeds by four times."  Mahabeej, the Maharashtra government's seed corporation, has undertaken a programme with Punjabrao Deshmukh Krishi Vidyapeeth (PKV), Akola, to increase the production of desi cotton seeds from 200 quintals this...

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Monsoon covers India, 23% short; cereal production could be hit

-AFP Annual monsoon rains, crucial to India's economy, covered the country on Wednesday but remained 23 percent below average, sparking fears of their impact on two cereal-producing states. The pounding rains that sweep across the continent from June to September are dubbed the "economic lifeline" of India, which is one of the world's leading producers of rice, sugar, wheat and cotton. "The monsoon is covering the entire country today with parts of Gujarat...

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The business-politics nexus-Ashutosh Varshney

-The Indian Express An intriguing paradox of contemporary Indian politics has been insufficiently noted: corporate India finances India’s elections, substantially if not wholly, but it is unable to determine election outcomes. Money matters, but it is not always electorally decisive. The recent Uttar Pradesh elections provide the clearest illustration of this proposition. As is well known, the Congress, BJP and BSP were all better financed than the SP which, especially after the...

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