-Livemint.com Agriculture is not only crucial for what happens to growth, inflation and rural distress, it is also politically important given the simmering discontent among farmers in the last two years Last week, the India Meteorological Department (IMD) declared that the south-west monsoon has covered the entire country, 15 days earlier than normal. This may be a cause for celebration considering the distress in agriculture in the last four years. Agriculture is...

-The Times of India NEW DELHI: Moving to fulfil its budget promise and address political heat over farmer discontent, the government is set to announce a new minimum support price (MSP) regime that will provide farmers a profit margin of 50% over cost of production. The additional bill is likely to be around Rs 33,500 crore. The new MSP, to be considered by the cabinet on Wednesday, will largely apply to paddy...

-Firstpost.com Chandigarh: With extensive rice farming in Punjab taking an increasing toll on groundwater reserves and sOil health, government agencies are now asking farmers to diversify into profitable allied trades including dairy and pig farming and fisheries. Farmers are also being asked to cultivate crops other than paddy. Farmers in different parts of the state have started growing other, more profitable crops alongside rice. In a break with the fertiliser and pesticide-driven...

-The Economic Times The monsoon’s progress in June has been rapid but erratic, falling 5% below average in the first month of the season and obstructing the planting of kharif, or summer sown crops, particularly pulses and Oilseeds. The southwest monsoon arrived with a bang and drenched southern India and western states such as Maharashtra with heavy rain, after which it took a nearly two-week break before swiftly advancing towards the north...

-Financial Express For sustainable growth, Rural India’s squeezing purchasing power needs immediate attention New Delhi: The Reserve Bank of India’s (RBI) unanimous call for a 25-basis-point rate hike after four years was primarily driven by the strengthening core inflation as well as the rising household inflationary expectations. Since the April Monetary Policy Committee meeting, there have been some significant macro developments, mainly on four counts. First, the global crude Oil prices have risen...