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Good monsoon promises twin bonanza: Bumper Rabi crop harvest, spurt in hydel power supply -Vishwa Mohan

-The Times of India NEW DELHI: Good monsoon, between June and August, has substantially increased the water storage position of several reservoirs and river basins across the country, raising hope for bumper harvest for 'rabi' (winter-sown) crops and spurt in hydro-power generation. Water storage position data - released by the Central Water Commission (CWC) this month - shows that the country's 85 key reservoirs have collectively reported increase of around 35...

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Vidarbha, West MP get highest rain-Sanjeeb Mukherjee

-The Business Standard As the southwest monsoon enters the last leg of its four-month journey, 2013 will be remembered as one of the best years in overall quantum and distribution of rainfall across India. More than expected rain so far have pushed up kharif sowing in a big way, which will not only add its bit to gross domestic product (GDP) growth but blunt inflationary pressures. If the intensity is maintained, India...

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Record rains in June aids power, agricultural output -Madhvi Sally

-The Economic Times NEW DELHI: Agriculture output is poised to accelerate and power deficits will narrow as the monsoon has begun bountifully in its first month, irrigating fields and filling up reservoirs with the heaviest June rainfall in more than a decade. Rainfall has been 32% above normal in June, injecting moisture into fields and preparing them for early sowing of kharif crops and reducing the farmer's need for electricity or diesel...

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Agriculture growth declined in Maharashtra: Economic Survey

-PTI MUMBAI: The annual economic survey, tabled in the Maharashtra Legislature today ahead of the presentation of State budget for 2013-14 tomorrow, reveals a decline in agriculture growth in the state. "The agriculture sector growth has declined by 1.4 per cent, the growth of agriculture and allied sectors has declined by 2.1 per cent. The industry sector is expected to grow at 7 per cent, while the services sector is expected to...

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EGoM Releases Relief Package of Rs 2,892 Cr for 7 States

-Outlook The Centre today decided to release a relief package of more than Rs 2,892 crore for seven states, including Maharashtra, to help them tackle the impact of droughts, floods and landslides faced last year. The decision was taken at the meeting of the Empowered Group of Ministers (EGoM) on drought, headed by Agriculture Minister Sharad Pawar. Briefing the media, Pawar said: "There were number of proposals from various states demanding central assistance...

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