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Monsoon revival rises sowing of crops by 35%, water level in reservoirs still low

-The Economic Times NEW DELHI: The monsoon's late revival has increased sowing of crops by 35% in the past week, but worries about agriculture persist as reservoir levels are low, while planting is still much lower than last year, and only slightly better than it was at this time in the drought year of 2009. The situation in water reservoirs was also worrisome as they were filled up to only 26%...

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How Much Can We Forgo To India Inc? -P Sainath

-Outlook India To the social subsidy whiners, please check corporate write-offs column The TV anchor asked eagerly of Arun Jaitley whether he would take hard decisions or, in the case of a bad drought, revert to loan waivers and (obviously wasteful) subsidies. The finance minister replied that it depended on the situation as it unfolded but he hoped he wouldn't have to return to such steps. "We hope so too," said...

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Rain-starved Gujarat opts to plant more fodder -Rutam Vora

-The Hindu Business Line To save cattle, farmers asked to take up its cultivation AHMEDABAD: In Gujarat, where rain deficit is increasing with every passing week, farmers are a worried lot for not just the crop but a bigger worry has emerged is about fodder availability. Considering the gravity of the situation, farmers have decided to prioritise sowing fodder over other cash crops. The State Government has asked farmers to opt for fodder...

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Green shoots -Nilabja Ghosh

-The Hindu Business Line A Budget for agriculture A Budget is, generally speaking, a poor instrument for correcting food inflation. But this one conveys a clear intent to target the economic roots of the malaise by addressing supply side concerns. It also takes a long-term view of issues affecting the sector, transcending short-term production concerns. On the demand side, the simple economic response of reducing consumption can hardly apply, without compromising on nutrition....

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Monsoon, a key driver of Indian economy -Naveen Mathur

-The Hindu Business Line Below normal rainfall will result in agricultural production declining India, predominantly an agriculture-based economy, is largely dependent on the monsoon. The agriculture sector is the backbone of the Indian economy and thus, monsoon should be considered as the backbone of agriculture. The four-month South-West monsoon season, accounts for nearly 75 per cent of the country's total rainfall and plays a crucial rule as about 55-60 per cent of...

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