-The Indian Express Contrary to the popular narrative, the second green revolution is underway. A dramatic turnaround of agriculture, India's most important sector, has gone largely unheralded. Contrary to the popular narrative, agriculture has been transformed in the last 10 years. The second green revolution is underway. At the end of the second tenure of the UPA and after a decade of persistent work, we are witnessing record agricultural outputs for every...
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Haunted by inflation
-The Hindu Price rise is one of the key issues in this election, and the latest data on inflation spell bad news for the incumbent UPA government; the monster is rearing its head again after lying low over the last three months. Retail inflation, specifically food price inflation, has rebounded in March on the back of rising prices of vegetables and fruits. Wholesale food prices rose 9.9 per cent with rice...
More »Real cure for Inflation headache: Fix rural infrastructure, process more food
-The Economic Times Inflation - retail as well as wholesale - has increased in March over relatively benign levels in February. At 5.7%, the growth of inflation based on the wholesale price index ( WPI) was at a three-month high, compared to a ninemonth low of 4.7% seen in February. The Reserve Bank of India (RBI) now sets policy rates by looking at inflation based on the consumer price index (CPI)....
More »Monsoon in 2014 likely to be below normal: Skymet
-The Business Standard Impact on farm output to depend on distribution of rains The southwest monsoon is likely to be below normal in 2014 because of the evolving El Niño, a warming of the Pacific Ocean that upsets weather patterns across the globe, according to a forecast issued on Tuesday by a leading private meteorological agency, Skymet. The official monsoon forecast by the India Meteorological Department (IMD) is due on April 25. Rain during...
More »Sharp rise in FAO Food Price Index
-FAO Rome: The FAO Food Price Index rose sharply in March, up 4.8 points, or 2.3 percent, to an average of 212.8, the highest level since May 2013. "The Index was influenced, as expected, by unfavourable weather conditions in the US and Brazil and geopolitical tensions in the Black Sea region," said Abdolreza Abbassian, FAO Senior Economist. These and other influences are reviewed in greater detail in the AMIS Market Monitor report, the...
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