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Poor monsoon threatens first drought in five years

Poor monsoon threatens first drought in five years

Last Updated: Friday, July 11, 2014, 09:10

A poor monsoon cuts exports, stokes food inflation and leads to lower demand for products ranging from cars to consumer goods.

Arun Jaitley says drought report is 'no cause to panic'

Last Updated: Friday, July 04, 2014, 14:49

Speaking less than a week before his first budget speech to parliament, Jaitley said the government was worried that global crude prices would rise because of violence in Iraq.

MP CM holds contingency meeting over sub-normal monsoon

Last Updated: Tuesday, July 01, 2014, 23:28

With monsoon playing truant, Madhya Pradesh CM held an emergency meeting with the GoM on Agriculture to review the situation and directed the officials to provide all possible help to farmers.

Worst impact of poor monsoon likely to be in west India: Govt

Last Updated: Tuesday, July 01, 2014, 17:26

The worst impact of a sub-normal monsoon is likely to be in western India, with possible drought-like conditions in some areas, Agriculture Minister Radha Mohan Singh said Tuesday.

Drought possible, but Centre prepared to tackle the situation: Agriculture Minister

Last Updated: Friday, June 13, 2014, 12:42

With Monsoon expected to be below normal this year and likely to trigger a drought like situation in parts of the country, the Centre has prepared a contingency plan to meet any eventuality.

Govt announces relief measures for drought-hit areas

Last Updated: Wednesday, September 12, 2012, 22:16

The relief includes increasing the number of guaranteed work days under MGNREGA to 150 days from 100 days and reducing interest rates on rescheduled crop loans to 7 percent for this fiscal.

Six states seek central fund to tackle drought-like-situation

Last Updated: Friday, August 17, 2012, 18:03

Karnataka, Maharashtra, Gujarat, Rajasthan, Punjab and Haryana have sought central assistance to tackle drought-like-situation, Parliament was informed on Friday.

Crop output likely to be better than 2009 drought year: Govt

Last Updated: Thursday, August 16, 2012, 15:12

Despite deficient monsoon rains, the country's foodgrains output this year is likely to surpass that of the 2009 drought year, the government said Thursday.

Indian banks can weather impact of drought: RBI

Last Updated: Tuesday, August 07, 2012, 16:09

The Reserve Bank on Tuesday said Indian lenders are resilient enough to weather the pressure on farm loans caused by drought like situation because of deficient monsoon.

Poor rain: Govt to converge MNREGA & other schemes

Last Updated: Monday, August 06, 2012, 19:18

The government on Monday said it will converge the MNREGA and other schemes to meet the challenges of drought-like situation in several states and enhance imports of commodities in short-supply to control price rise.

Industries asks govt to take steps to meet drought like situation

Last Updated: Sunday, July 29, 2012, 12:18

Expressing concern over the impact of deficit monsoon on the economy, the industry has asked the government to take urgent steps like providing subsidised diesel to farmers and focussing on distribution of high yielding and drought resistant seeds.

Geared up to face drought situation: Centre

Last Updated: Friday, July 27, 2012, 15:08

Govt today said the spectre of drought over a few states and the likelihood of a lower rainfall pattern this year should not be a concern for a "panicky situation".