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Drought shadow on growth -Roshan Kumar

-The Telegraph Patna: Bihar's honeymoon with double digit growth appears to be headed for a rocky phase with the government today declaring 33 of the state's 38 districts as drought-hit. The agriculture and allied sectors, which contribute around one-fifth (18.91 per cent) of Bihar's gross state domestic product (GSDP), are staring at a lower growth rate for the second consecutive year. The overall growth rate of the state was a little...

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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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33 districts in Bihar declared drought-hit

-PTI PATNA: Taking into account deficient rainfall this year, Bihar government on Wednesday declared 33 out of the 38 districts of state as drought-hit. The decision was taken at a cabinet meeting presided over by chief minister Nitish Kumar. Principal secretary (Cabinet Coordination and Secretariat) Brajesh Mehrotra and the principal secretary ( Disaster Management Department) Vyasji said the decision was taken because of deficient rainfall in these districts at 20 per cent below...

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Monsoon rainfall to intensify: IPC -Urmi A Goswami

-The Economic Times NEW DELHI: Monsoon rainfall, crucial for food production in India, is expected to intensify in the future and the rainy season is likely to be longer, according to the draft report by the Intergovernmental Panel on Climate Change. A leaked draft of the first of three reports comprising the Intergovernmental Panel on Climate Change's Fifth Assessment Report states while monsoon circulation is likely to weaken, monsoon precipitation is likely...

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Onion price rise may be due to hoarding: Centre -Dipak Kumar Dash

-The Times of India NEW DELHI: Onion prices have again hit the roof in Mumbai, Delhi and other major cities after stabilizing briefly in August, leading the Centre to suggest that traders and speculators might be "artificially" increasing onion prices and has asked whether a seasonal shortage in supplies is being exploited. "Governments of Delhi and Chandigarh were addressed to look into the possibility of traders and speculators creating an artificial...

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