Union minister for consumer affairs, food and public distribution KV Thomas tells Nitin Sethi that it makes better sense to distribute stocked foodgrain to people of the country than subsidise exports. Possible spread of drought that the government is looking at... At the moment, monsoon rainfall is 23% below the long term average. But we have to wait another 15 days to know the full situation. We had discussion in the presence...
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PMO signals drought alert on deficit rain, asks ministries to help affected states
-The Times of India The Prime Minister's Office (PMO) has sounded an alert over a deficient monsoon, directing ministries to help states facing drought-like situations by operationalizing contingency plans to distribute seeds, augment fodder and power and deal with drinking water shortages. PMO said the monsoon season rainfall is likely to be 92% of the long-term average (LPA), less than the 96% LPA predicted in June that itself was a downgrade from...
More »Monsoon failing, Government says it can tackle drought
-CNN-IBN With deficient monsoon rains throughout the country so far, experts have now warned that the drought situation can no longer be ignored and that it is the time to act. Food Minister KV Thomas admitted on Tuesday that the situation is worrisome and that the government will have to take measures to check hoarding as deficient rainfall will lead to crop failure. Commission for Agriculture Costs and Prices (CACP) Chairman Ashok...
More »Monsoon worry mounts, food prices rise sharply-Zia Haq
-The Hindustan Times Despite a pickup in rainfall last week, the southwest monsoon remains in deficit by a significant 22%, almost certainly lowering annual production of grains, pulses and oilseeds, the three crops where sowing has been worst hit. The Met office’s estimate coincided with the release of food inflation data that showed a worrying 10.81% rise in June from a year earlier, up from a 10.74% rise in May, an...
More »Domestic cotton now gives Bt variety a run for its money-Jayashree Bhosale
-The Economic Times PUNE: Ravindra Daftari, chairman , Daftari Agro, said, "We used to sell 2,000 packets of desi seeds. But this year, sales went up to 9,000 packets. Next year, we plan to increase the production of desi seeds by four times." Mahabeej, the Maharashtra government's seed corporation, has undertaken a programme with Punjabrao Deshmukh Krishi Vidyapeeth (PKV), Akola, to increase the production of desi cotton seeds from 200 quintals this...
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