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Monsoon, a key driver of Indian economy -Naveen Mathur

-The Hindu Business Line Below normal rainfall will result in agricultural production declining India, predominantly an agriculture-based economy, is largely dependent on the monsoon. The agriculture sector is the backbone of the Indian economy and thus, monsoon should be considered as the backbone of agriculture. The four-month South-West monsoon season, accounts for nearly 75 per cent of the country's total rainfall and plays a crucial rule as about 55-60 per cent of...

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More rice from less water -Rita Sharma

-The Hindu   With water becoming an important cost, and with climate change and soil degradation, the System of Rice Intensification offers disadvantaged farming households better opportunities A truant monsoon is in the offing, with El Niño weather patterns expected to bring about drier conditions. India has the world's largest area devoted to rice, a very water-intensive crop. This is a good time for giving impetus to "more crop per drop" practices, now...

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Food prices decline for third straight month – UN agency

-The United Nations Global food prices dip for a third consecutive month in June following a ten-month surge, the United Nations agriculture agency said today. The UN Food and Agriculture Organization's (FAO) price index- which measures monthly changes in the global price of a basket of meat, dairy, cereals, oils and fats, and sugar- averaged 206.0 points in June 2014, down 3.8 points (1.8 percent) from May and nearly 6 points (2.8...

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Agriculture land shrinks by 2 lakh hectares in 18 yrs: Survey -Junaid Kathju

-RisingKashmir.com   Horticulture encroaching upon paddy land  Srinagar: Agriculture land has shrunk by 2 lakh hectares since 1996, economic survey reveals. The survey reports that 10 lakh hectares were under agriculture production during 1995-96 which has reduced to 8 lakh hectares in 2013. Experts said that reduction in the agriculture land has decreased its contribution to states economy also. On the other hand, the horticulture has also developed into a major sector in Jammu and Kashmir's...

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Rural job scheme caused price rise: Govt -Shishir Sinha

-The Hindu Business Line     Facing criticism for rising prices, the Modi Government has blamed public expenditure on schemes such as MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) for fuelling food inflation. Curiously, the BJP wants the job scheme to continue, with the focus mainly on agriculture. According to the agenda note circulated for Friday's Conference of State Food Ministers with the Centre, food inflation is caused by both demand and supply...

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