-The Times of India NEW DELHI: The monsoon is likely to remain strong through the month of June, the India Meteorological Department said on Thursday, as another storm system developed over the Bay of Bengal, promising widespread rain across central and south India over the next four-five days. As on June 18, the monsoon was 10% above normal, mainly on account of excess rains over central India, the southeastern coast and parts...
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Wholesale price index dips in May -TCA Sharad Raghavan & Sanjay Vijayakumar
-The Hindu Food inflation remained positiv, at 3.8 % compared to what it was in May 2014. Wholesale Price Index (WPI) inflation was -2.36 per cent in May, marking the seventh consecutive month in which it has been negative, compared to -2.65 per cent in April. Food inflation remained positive, at 3.8 per cent compared to what it was in May 2014. However, the consensus among analysts is that this will not...
More »Vegetable prices on the boil -Dilip Kumar Jha
-Business Standard Expected delay in harvesting might keep commodities elevated for a month Mumbai: While the wholesale price index (WPI) might have turned negative primarily due to a steep decline in the prices of non-food articles, rising vegetable prices kept food articles firm in May. While drumstick prices showed a sharp rise of 130 per cent, articles of mass consumption such as brinjal, cabbage, bitter gourd and cauliflower recorded an upswing of 50...
More »Odisha govt readying contingency plan for Agri sector on less rain forecast
-Business Standard Odisha govt readying contingency Bhubaneswar: The Odisha government has asked all district collectors to submit contingency plan proposals for agriculture sector after an India Meteorological Department (IMD) forecast said there will be less than Normal Monsoon rains this year. "All district collectors have been asked to submit contingency proposals for their areas to the agriculture department keeping in view their geography and resources after consulting the respective zonal DDAs (deputy...
More »Corridors of power: The Great Indian monsoon circus -Santosh Tiwari
-The Financial Express The NITI Aayog must firm up a concrete plan involving the states to deal with monsoon deficiency to avoid all-round confusion. This is an old and oft-repeated story in the media, but worth mentioning here for the readers who have missed it. It goes like this. During the period of erstwhile Planning Commission, one of the officials in-charge of projecting agricultural growth found out an innovative way to do...
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