Media Monitor
Agriculture Industry
Southwest Monsoon set to withdraw the country on October 28 after prolonged stayedit
After missing its normal date by nearly two weeks, the monsoon is set to retreat from the country on October 28, the weather office said on Friday.
The southwest monsoon normally withdraws from the country by October 15. This year it has stayed longer, causing crop damage, which in turn has pushed up prices of onions, tomatoes, and potatoes.
“With likely setting in of northeasterly winds in the lower tropospheric levels along and off east coast of India and adjoining Bay of Bengal, including over Andhra Pradesh and Tamil Nadu Coasts. The southwest monsoon is likely to withdraw from entire country around 28 Oct,” said the India Meteorological Department.
Foodgrains MSP, Procurement Under Scrutiny After Nexus Between Officials And Traders Is Exposededit
A couple of developments this week has cast shadow on the procurement of foodgrains by government agencies at the minimum support price (MSP) fixed by the Union government.
First, is the release of negotiations between a district manager of the Punjab State Civil Supplies Corporation (PUNSUP) and a trader on procuring paddy bought at a lower price from outside the state at MSP by The Tribune daily.