-MoneyLife.in India, the world's second largest food producer, is witnessing growing distress and declining confidence in agriculture as most small and landless farmers, with less of a stake, are found to quit farming The recent unseasonal heavy rains, thunder and hailstorms originating from unusually intense western disturbances from the Mediterranean interacting with the south-easterly winds from the Bay of Bengal have ravaged the due-for-harvesting chana, lentils and wheat in Madhya Pradesh,...
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The poor never had it so good -Subir Roy
-The Business Standard The dominant theme in the pre-election discourse is that misrule by the United Progressive Alliance (UPA) in its second term has led to sharply lower growth of gross domestic product (GDP), which Narendra Modi will reverse, the way he has made Gujarat shine. But the evidence on hand does not support this correlation between the quality of national political leadership and growth performance. If anything, there is...
More »Unseasonsal rain, hailstorms trigger farmers’ suicides in Maharashtra, 18 dead -Chittaranjan Tembhekar
-The Times of India MUMBAI: The issue of farmers' suicide seems to have resurfaced with a vengeance in Maharashtra following the recent bout of unseasonal showers and hailstorms in the state. While sources working closely with the government have said that around 18 farmers have killed themselves between February 22 and March 18, social activists claim the figure could be between 80 and 100 - more than the average for every...
More »Prabhu Pingali, Director of the Tata-Cornell Agriculture and Nutrition Initiative at Cornell University and former director of the agricultural and development economics division of the FAO, speaks to Sanjeeb Mukherjee
-The Business Standard Inflation has cooled in recent months but the next monsoon holds the key. With fear of an El Niño effect impacting it, academicians and policy makers are worried about the possible impact on farm output and food inflation. Prabhu Pingali, director of the Tata-Cornell Agriculture and Nutrition Initiative at Cornell University and former director of the agricultural and development economics division of the Food and Agriculture Organization,...
More »Monthly WPI inflation stood at 4.68% in February
-Press Information Bureau (Ministry of Commerce and Industry) The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of February, 2014 has remained unchanged at its previous month level of 178.9 (provisional). INFLATION The annual rate of inflation, based on monthly WPI, stood at 4.68% (provisional) for the month of February, 2014 (over February,2013) as compared to 5.05% (provisional) for the previous month and 7.28% during the corresponding...
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