'Mining eating into Goa's cashew yield'September 9th, 2009 PANAJI - Mining in Goa's hinterland is eating into the state's cashew production, growers of the nut say. "Some of the best plantations in north and south Goa are being destroyed by mining activities," said Goa Cashew Manufacturers Association president Madhav Sahakari here Wednesday.
Water level in Chhattisgarh reservoirs low as monsoon nears endSeptember 3rd, 2009 RAIPUR - Water reservoirs in Chhattisgarh are only 60 percent full as the monsoon nears its end, renewing fears of a drop in farm output in coming months. Reservoirs in the state are usually full to 80 percent capacity by the end of the monsoon, the season during which India gets almost all its annual rainfall.
Comments from industry, experts on India's growthAugust 31st, 2009 NEW DELHI - The following are some comments by experts and representatives of Indian industry on India's gross domestic product (GDP) during the first quarter of this fiscal, which expanded 6.1 percent:
Montek Singh Ahluwalia, Deputy Chairman, Planning Commission: It is consistent with what we have been maintaining. This definitely shows the worst is finally over.
Despite poor monsoon, paddy sowing picks up in ChhattisgarhAugust 19th, 2009 RAIPUR - Chhattisgarh has completed paddy sowing in about 92 percent of the targeted area for this kharif season despite the drought-like situation in many parts of the state, Agriculture Minister Chandrasekhar Sahu said Wednesday. "Despite erratic monsoon, Chhattisgarh has still strong hope to achieve the targeted production of 6.55 million tonnes of paddy this season.
Government rules out fresh debt waver schemeAugust 18th, 2009 NEW DELHI - The government Tuesday ruled out any fresh debt waver scheme even though farmers have been severly hit by poor monsoon this year. "There is no such proposal," Finance Minister Pranab Mukherjee said when asked whether the government would write off farmers' loans.
Poor monsoon could hit India's growth: Planning board chiefAugust 18th, 2009 NEW DELHI - The erratic monsoon could hit India's economic growth this year, but the country has enough food stocks to counter inflationary pressures, Planning Commission Deputy Chairman Montek Singh Ahluwalia said here Tuesday. "The existence of drought by itself can only lead to some shaving down of growth projections," Ahluwalia told reporters on the sidelines of a conference.
Haryana wants more power allocation to beat droughtAugust 12th, 2009 CHANDIGARH - In the wake of a poor monsoon in Haryana, Chief Minister Bhupinder Singh Hooda Wednesday urged the central government to allocate 400 MW additional power from the unallocated pool of central generation. In response to our earlier request, the central government had allocated only 100 MW of additional power for Haryana.
Delayed monsoon posing serious problem: PawarJuly 10th, 2009 NEW DELHI - Admitting that the delayed monsoon was posing a serious problem, the government Friday hoped the situation would improve soon. The problem is serious, Agriculture Minister Sharad Pawar said during question hour in the Rajya Sabha, adding: I hope the situation will improve soon.
Monsoon goes weak in Uttar PradeshJuly 2nd, 2009 LUCKNOW - After bringing in showers in parts of Uttar Pradesh, the monsoon that arrived in the state late this year has now gone weak due to changes in the wind pattern, met officials said Thursday. The easterlies that usually provide moisture to the monsoon winds from the Bay of Bengal have been replaced by westerlies.
Rains in parched Chhattisgarh revive paddy prospectsJuly 1st, 2009 RAIPUR - Overnight rains in almost all the 18 districts of parched Chhattisgarh have revived prospects of a good paddy output. The government has set a target of 65.5 million tonnes paddy output this season, based on the 57 million tonnes yield last season.
Inflation rate to average at 5 percent this fiscal: IndustryJuly 1st, 2009 NEW DELHI - Rising commodity prices globally, delayed monsoon and fiscal and monetary measures are likely to push up India's annual rate of inflation and average near 5 percent this fiscal, according to an industry lobby. "The surge in international commodity markets led by energy, metals and food is likely to push domestic prices up," the Associated Chambers of Commerce and Industry of India (Assocham) said, and cautioned that if the monsoon fails or remains below the average, the consequences could be far-reaching.
Pre-monsoon showers bring relief to Uttar PradeshJune 29th, 2009 LUCKNOW - Pre-monsoon showers in parts of Uttar Pradesh Monday brought much-needed respite for people in the state, which had been reeling under intense heat for the last three months. Met officials said thundershowers accompanied by cool winds were witnessed this morning in many districts, including Lucknow, Lakhimpur Kheri, Unnao, Faizabad, Sitapur and Rae Bareli.
Monsoon delay threatening Chhattisgarh paddy outputJune 25th, 2009 RAIPUR - The delay in the arrival of monsoon is threatening paddy cultivation in over 3.5 million hectares in Chhattisgarh, officials here said. Last year, paddy yield was around 57 million tonnes in the state.
Delhi, neighbours to get less rain than rest of IndiaJune 24th, 2009 NEW DELHI - Rain gods don't seem to be smiling on the national capital this monsoon as Delhi is likely to receive much less rainfall than the national average, a forecast released by the India Meteorological Department (IMD) said Wednesday. "Current observations and forecasts suggest that monsoon will advance over most parts of the country except northwest India by June end.
Monsoon hits Kerala a week early, farmers rejoice (Lead)May 23rd, 2009 THIRUVANANTHAPURAM - The The eagerly awaited southwest monsoon hit Kerala Saturday, a week ahead of its normal date, bringing cheer to farmers in the state. The onset of the monsoon was confirmed after widespread rainfall over south Kerala for the last four days, the India Meteorological Department (IMD) said.
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