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    ANDHRA PRADESH DROUGHT

    El Nino trigger: Rabi contingency plan drawn up for 225 districts amid rainfall deficit

    The govt has developed a rabi contingency plan in response to the southwest monsoon's rainfall deficit. With concerns over soil moisture and reservoir levels, the plan targets 225 districts facing crop planning challenges. Recent rains have improved some reservoir levels, prompting a reassessment of the original strategies. Additionally, rising food prices and rice stocks have led to new regulatory measures across several states.

    Tractor demand drying to likely 3-year low at arid farms

    Tractor sales are projected to fall by up to 10% year-on-year, while vehicle dealers in some markets are also seeing sharp declines in sales of entry-level cars and two-wheelers. Tractor sales were up 8% to 610,000 units in the first half of the current year from a year-ago period, according to Tractor and Mechanisation Association. The pressure is also visible in entry-level motorcycles and cars, which have a large rural market.

    Ranabaali Real Story: When nearly 1 crore died in the Great Madras famine in 1870s. Who were the real Ranabaali and Jayamma?

    Is Ranabaali a real story? Vijay Deverakonda and Rashmika Mandanna's Ranabaali draws inspiration from the Great Madras Famine of 1876–78. Here's what history reveals about the famine and the real-life origins of Ranabaali, Jayamma and the film's British antagonist.

    How India's agricultural damage flags gap between climate warnings and adaptation finance ahead of COP31

    High temperatures continue to impact Indian agriculture, leading to decreased crop yields and poor germination rates. Farmers report significant losses in banana production and vegetable crops like okra and gourd. Experts warn about the increasing unpredictability of climate events affecting food security and farming practices. There is a call for greater climate adaptation finance and improved forecasting measures to address these challenges.

    Insurers may face higher crop cover claims in Andhra Pradesh, Maharashtra, Karnataka

    In Maharashtra, insurers' liability could be capped at Rs 1,540 crore before the state government takes over claims beyond that level. The state has declared drought-like conditions in 265 talukas, raising concerns over this year's losses.

    Weak rains clouds recovery in Rs 3.3 lakh crore microfinance sector

    India's microfinance sector, with a market worth ₹3.30 lakh crore, is encountering credit risk hurdles. Key factors include inconsistent rainfall and drought in critical states such as Karnataka and Maharashtra, which deeply influence the agricultural economy tied to rural borrowers. In response, some institutions are exercising caution by closely monitoring high-risk areas, yet the lack of loan protection further exacerbates the financial risks involved.

    The Economic Times
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