-Business Standard Interest subvention, crop insurance on the cards The finance ministry is working on a plan to increase the number of workdays in the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) from 100 a year per person per household to 150 in areas receiving low monsoon rain. The government might also provide interest subvention and crop insurance in drought-affected regions through the e-Financial Management System (eFMS). “Since the eFMS contains the data...

-The Hindu Business Line A short delay does not impact sowing as there is a sufficient window The onset of monsoon over Kerala has been less than reassuring. Not only is it late by five days compared with the normal date of June 1, but it has also failed to arrive in the eight-day window set around the median of May 30. The conspicuous lack of flourish has led many to doubt...

-The Economic Times NEW DELHI: Private forecasters are counting on temperature changes in the Indian Ocean to strengthen the monsoon current like it did in 1997, when rainfall was normal, despite a strong El Nino. While forecasters are divided about the monsoon outlook, experts say that India has become less vulnerable to monsoon rain as the share of winter-sown crops has risen over the years, while only 40% of rural households...

-Deccan Herald Poor monsoon forcing govt to intensify implementation Notwithstanding the scathing attack on UPA’s schemes, the Modi government would fall back on the previous regime’s flagship programme to rescue the rural economy from second consecutive deficient monsoon. The government would intensify implementation of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in drought hit areas to stop the slide in rural incomes. Officials revealed that the main thrust in MGNREGA implementation in drought affected...

-Outlook Pulses are falling off the poor man’s plate. Price rise may hit the middle class next. Pulses—all-important as a source of protein—are set to be spoilers this year in the government’s endeavour to keep a check on food inflation. Already, over the last nine months, the prices of some pulses have jumped 64 per cent in major cities. This is because of below-Normal Monsoon last year, compounded by untimely rain and...