-The Times of India NEW DELHI: Below-par rainfall across India for more than two weeks has pushed the monsoon deficit to 10% below normal, increasing worries of a second successive drought year in the country. Average all-India rainfall was 5% below normal at the beginning of August but had doubled by Independence Day due to rains remaining consistently below average during the fortnight. August so far has seen 17% below-normal rain. A shortfall...
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Push irrigation, not dams -Mihir Shah
-The Indian Express We can add millions of hectares to irrigated land without building a single new dam. We just need to adopt a different method of managing the water already stored in them. One of the drivers of India’s irrigation sector has been the construction of large dams on our rivers, which Jawaharlal Nehru famously described as “the temples of modern India”. While these dams have helped increase India’s irrigated...
More »Spectre of drought rubs salt on wounds of farmers in Karnataka -Nagesh Prabhu
-The Hindu Bengaluru: After slump in prices and harassment from moneylenders, the farming community now faces another hardship – failure of kharif crops owing to severe drought. About 26 per cent of the sown area has withered owing to scanty rainfall in more than 20 districts of the State. Already nearly 200 farmers committed suicides owing to indebtedness and other reasons in the last four months in the State. The South-West monsoon being...
More »Groundwater level depleting alarmingly in Odisha capital
-Odisha Sun Times Bhubaneswar: The depleting groundwater level in the Odisha capital has become a major cause of concern for planners. In the past five years, the groundwater level has shrunk by as much as in major areas of the capital city, according to a survey. With monsoon playing truant, deficit rainfall and excessive drawing of ground water through bore wells in the absence of pipe water supply has contributed to groundwater depletion. Chandrasekharpur...
More »India's vulnerability to drought poses credit challenges: Moody's
-India Infoline News Service Mumbai: Efforts at the central and state government level to improve rural infrastructure, food distribution and non-agricultural employment opportunities are credit positive because, if sustained, they are likely to lower the credit challenges that India's vulnerability to drought poses. Moody's Investor's Service says that although India (Baa3 positive) may avoid drought this year, its economy remains vulnerable to future droughts or fluctuations in rainfall, and its sovereign credit...
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