'Rate cut should reiterate RBI's commitment in providing confidence to consumers and small business.'
The government will take special efforts to ensure adequate credit flow to underserved areas -- the eastern states and Jammu-Kashmir, he added.
'Political parties bring out money they have stashed away and start spending it. How large that spending will be depends on how much money has been stashed. So, you are going to have a strong upside coming from the election effect,' says Pronab Sen.
Sowing had started on a sluggish note in several parts of the country because of delay in the onset of the monsoon but has picked up pace subsequently as the rains progressed and performed appreciably well in August.
India's Agriculture Minister Sharad Pawar admitted in the Parliament that the procurement of wheat is slow, and time-consuming.
Following a huge fall in chana production this year, the Centre is set to import more pulses.
This is bound to create more trouble for the Centre on the wheat front.
'The spirit of cooperation between the Centre and states has been diluted in many ways.' 'The level of consultation which used to be there earlier has reduced significantly.'
'Overall, domestic demand has moderated significantly. 'The weakening of private consumption, which for long has been the bedrock of aggregate demand, in particular, is a matter of concern,' RBI Governor Shaktikanta Das said in the MPC meetings, in October.
Predicting a 2.3 per cent farm sector growth for 2005-06, the Economic Survey on Monday advocated development of alternative markets by shifting from the expensive public procurement and distribution system for better returns to farmers.
The Reserve Bank of India on Wednesday hiked the expected GDP growth for the year ending March 31, 2007 to 8.5-9 per cent.
'At this stage, you should distribute money and food.' 'Like you queue up to vote, let people queue up to collect this.' 'This will arrest the decline in demand which will have a multiplier effect on the demand side for the economy as a whole.' 'The government should earmark about 2% of the GDP for this.' 'And this should be the first step to revive the economy.'
The Congress leadership has become stunted, it does not understand agriculture and the party is trying to mislead farmers for its own vested interests, said Union Agriculture Minister Narendra Singh Tomar.
According to an official source, Rabi Basumatary, the driver who was also abducted by banned United Liberation Front of Asom militants.
Officials said good rain in August - though it might not improve acreages much for most crops except urad, moong, and paddy - would help in improving yields in the crops already planted.
Procurement will be done through domestic purchases as well as imports.
Almost 30% or a third of the agriculture ministry's budget, is spent on premium for the PMFBY every year
'The rate of transmission of COVID-19 in Hong Kong was 0.7 -- anything below 1 suggests the epidemic is receding.' 'The city-State achieved this without the de facto police-State curfew that India has resorted to,' says Rahul Jacob.
With grain procurement target significantly higher, FCI is faced with storage space shortage.
He accused the Congress of putting up obstacles to the temple's construction through 'its lawyers' in the Supreme Court.
Plans to enhance buffer stock to 500,000 tonnes; Gujarat exempts importers from stock limit
Technology and prudent practices can ensure that crop output does not suffer in years of drought.
This month has been the "wettest" March in northern and central parts of the country in the past 100 years, the Indian Meteorological Department said on Sunday, and predicted more rains in the coming two weeks.
For many farmers, though, a bumper harvest isn't good news, as they have been forced to sell their produce, particularly pulses, dirt cheap.
Employed with a private construction company, they were engaged in laying a railway track in Dhalai district.
Recent data from market analytics firm Nielsen shows that the rural market in the country's 630,000-odd villages is pulling down the overall FMCG business.
Pronab Sen, the government's former chief statistician, says contrary to perception, GDP growth won't be drastically hit in the present quarter.
Is it sustainable?' 'Or is it like an overdose of a medicine that saves your life in the short run but kills you through long-lasting side-effects?' asks Shekhar Gupta.
Oilseed output to surpass its previous record of 32.75 mt in 2013-14 to 33.59 mt this year
Kerala, Andhra, Tamil Nadu and Kerala are facing a severe drought this year, affecting livelihoods as well as lives.
Although demonetisation and improper implementation of GST along with falling prices are being blamed for much of the distress in rural India for some time, experts believe those may not be the only reason.
Eleven per cent increase in post-monsoon rain and new farm technologies are likely to more than make up for drought-hit kharif crop and result in a bumper grain production of about 220 million tonnes in 2004-05
'Let the high price of onions clear the market, matching supply with demand.' 'Let onion growers keep exporting -- we are the world's largest onion exporter, export 10% of our production,' advises Naushad Forbes.
Farmers remained hesitant in sowing vegetable seeds in drought-hit areas.
'Two years ago, had I been given even a tiny hint that my genes were tipping the scale for the development of a disease that would lock me into my body, unable to move or breath normally on my own, I would have been sad, and probably mad.' 'So now I'm running as fast as I can -- from my wheelchair.' P Rajendran on the amazing but brief life of Rahul Desikan, medical pioneer.
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