Drought | Nseguide.com

Quotes with Resistance & Support

Market Information

Bitter truth: India drought may trigger world sugar crisis

Posted on: August 20th 2009 in Market News.

Beijing: India has enough grain stocks to ride out an expected poor harvest, but the failure of the monsoon adds to global uncertainty about food and grain stocks, the head of an agricultural think tank said on Wednesday. India’s monsoon rains have been 29 per cent below normal sin…

Read More..

It’s official now: this is a drought year

Posted on: August 14th 2009 in Market News.

New Delhi With three quarters of all districts receiving deficient rainfall so far and the overall rain deficit worsening since last week, the country seems headed into the worst drought year over the last two decades. Signalling the seriousness of the crisis, the Government set up a 10-m…

Read More..

161 districts face drought, but it’s no panic: Govt

Posted on: August 12th 2009 in Market News.

New Delhi: More than a quarter of India’s districts are facing the threat of drought and the sowing of crops nationally is 20 per cent lower than in the previous year, Finance Minister Pranab Mukherjee said on Tuesday. While many of these districts are not major crop producers, the…

Read More..

No citizen should go hungry over poor rains: PM

Posted on: August 8th 2009 in Market News.

NEW DELHI: Prime Minister Manohan Singh promised on Saturday that no citizen would go hungry as a result of scanty monsoon rains that have threatened the output of rice and other vital crops. Dr Singh also promised strong action against “hoarders and black marketeers” after …

Read More..