Telangana Today 

Opening up agriculture, and non-agriculture self-employment sectors, reducing pressure on vulnerable sections of society and setting up an Economic Response Task Force (CETF) are some of the ways suggested for the speedy recovery of lockdown that affected the State economy.

A study by E Revathi, C Ravi and P Aparna of the Hyderabad-based Centre for Economic and Social Studies (CESS) has suggested certain short and long term measures for the revival of the economy, which was enjoying fast economic growth since 2014.

Times Of India

A section of farmers in Thanjavur protested on Tuesday demanding compensation for the loss incurred due to inferior quality of paddy seeds which failed to germinate. They gathered in front of the office of the assistant director of seed certification and urged the government to take action against a private agency who sold the seeds. Farmers affiliated to Tamil Nadu Vivasayigal Sangam headed by its union secretary K Muniyandi said that farmers from Kovilur village had purchased Aaduthurai 38 paddy seed during the last samba season. The crop totally failed to germinate and could not harvest even 10% of paddy, he alleged.

Financial Express

Prime Minister Narendra Modi announced a mega economic stimulus package on May 12, 2020, amounting to Rs 20 lakh crore, under the Atmanirbhar Bharat Abhiyan. The focus of the package aimed at making India self-reliant in the post-Covid-19 economic reconstruction. Prime Minister Modi spoke about achieving self-reliance by giving thrust on two themes: ‘vocal for local’ and ‘local to global’.

Money Control

We expect the year 2020-21 to be the most important year for Indian agriculture both nationally and globally. The Agri sector could play a major role in supporting Indian GDP growth. This is what has been corroborated by FICCI in its recent survey. While it predicts India’s GDP growth in FY21 to contract 4.5 percent, it also mentions “Agriculture seems to be the only sector with a silver lining right now.”

Insights On India

The monsoon sets in India in the month of June and that process can sometimes be delayed by as much as a week.

One branch of the monsoon winds starts its journey northwards from Kerala and the other wing, called the Bay of Bengal branch, enters India from the southeast. Both branches eventually converge in the north and usually, this merging and strengthening of the monsoon currents over the mainland take at least until July 15.

Explain with suitable diagrams the entire mechanism.

Define the advantages of it on the economy of the country; given the fact that a large portion of Indian agriculture is still dependent on rainfall for irrigation needs; a good rainfall would ...

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The Southwest monsoon has arrived in most parts of South Asia and farmers in India, Pakistan, Bangladesh and Nepal have started planting the summer crop. The Covid-19 pandemic has affected the already distressed agriculture sector in these countries in different ways, and the stakes couldn’t be higher for farmers in this cropping season.

Covid-19 has already afflicted more than a million people in the four countries, with infections rising fast in India, Pakistan and Bangladesh, latest data shows. South Asia has taken a beating from the lockdowns imposed to curb the spread of the virus, and with growth shrinking in the industrial and services sectors, hope is now pinned on adequate monsoon rainfall and farmers gathering a good ...

Financial Express

Former Reserve Bank Governor D Subbarao on Tuesday said the government needs to build on “some silver linings” in the farm sector, driven by the prospect of a favourable monsoon, to speed up the economic recovery.

“The rural economy is doing slightly better than the urban economy which is still grappling with COVID-19. Rural economy, which accounts for 65 per cent of population and 25 per cent of GDP, is actually proven to be a buffer because of expanded MGNREGA spending…,” he said at a webinar organised by economic think tank NCAER