-Financial Chronicle Forecasts on possible monsoon behaviour are not very encouraging. There is a possibility of El Nino factors causing further problems. More recently, our farmers in parts of north and central India experienced the fury of hailstorms and heavy rains. Climate change further complicates the possibility of providing accurate advance estimates of monsoon behaviour. This is not only true in our country, but also around the world. California, for example,...
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A Price to Pay for Selling on the Street -Neeta Lal
-IPS News New Delhi: Bhure Lal, a 33-year-old street-food vendor, has been selling his spicy ‘chaat' outside the New Delhi Railway Station for 15 years. But despite a punishing 12-hour work schedule, and a new law to protect hawkers like him, he doesn't take home enough to feed his family. More than half of Lal's weekly income from the ‘chaat', a lip-smacking pot-pourri that is particularly popular with women, is extorted by...
More »El Nino likely to cause loss of Rs 1,80,000 crore this year: ASSOCHAM -Soma Basu
-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...
More »Revamping agriculture and PDS-Ashok Gulati
-Live Mint To alleviate poverty and extend true food security to its people India must bring efficiency to public expenditures In the Indian economy, where almost half of the average household's expenditures goes toward food and half the labour force is engaged in agriculture, one cannot simply wish away the centrality of agriculture just because its contribution to gross domestic product (GDP) hovers around a comparatively low 14%. India's agriculture is responsible...
More »India to expand irrigation to cut reliance on monsoon -Mayank Bhardwaj and Ratnajyoti Dutta
-Reuters The extra irrigated area would cut India's dependence on annual monsoon rains that water crops grown on nearly half of the country's farmlands New Delhi: India plans to expand its farmland under irrigation by at least a tenth in the next three years, potentially boosting grains output by an equal proportion in the world's second-biggest rice and wheat producer, a top government official told Reuters. The extra irrigated area would cut India's...
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