-The Indian Express The incidence of farmers taking their own lives is higher in regions where cooperative banks are the weakest. Nanded (Maharashtra): The verdant soyabean fields at Digras today are a far cry from the barren landscape they presented only a few months ago. But for residents of this village in Ardhapur taluka of Nanded district, the memories of drought in three out of the last four years will not fade...
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Maharashtra likely to witness drop in cotton production -Shubhangi Khapre
-The Indian Express The govt believes the shortfall of cotton coupled with greater overall demand in the market will ensure higher returns to the farmers Mumbai: Cotton production in Maharashtra is likely to fall by 10 to 15 per cent this year, the agriculture ministry has said. Farmers postponed the Sowing of cotton because of a delayed monsoon, which can lead to a drop in output. The cotton-growing farmers in Marathwada and...
More »Retail inflation might not fall much in kharif season -Sanjeeb Mukherjee & Indivjal Dhasmana
-Business Standard Recent trends indicate any such moderation would not be across the board or without riders: Experts New Delhi: Contrary to some perceptions, consumer price index (CPI)-based inflation might not ease sharply after kharif crops arrive in the markets. On the other hand, wholesale price index (WPI)-based inflation could see a rise, due to an increase in prices of commodities and metals. CPI inflation rose to 6.07 per cent in July, highest since...
More »Pulses acreage tops 13 million hectares -Sanjeeb Mukherjee
-Business Standard Pulses acreage this year is highest in last 5 years New Delhi: Sowing of pulses has seen a jump of 35 per cent to 13.6 million hectares so far, in the ongoing kharif season on good rains and higher market price. The pulses acreage this year is not only the highest in the last five years, but also among the best in recent times. If weather remains good, pulses production this...
More »Keep a watch on food inflation
-The Hindu The latest inflation readings based on the Wholesale Price Index and the Consumer Price Index are a cause for concern. While the annual gain in wholesale prices hit a 23-month high of 3.55 per cent in July, retail inflation quickened past the Centre’s new Monetary Policy Framework’s upper limit for tolerance to 6.07 per cent. Food costs — a key component in both indices — were the main culprit....
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