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EGoM to discuss drought relief plans.

31 Jul 2012 Evaluate
As drought-like situation has started evolving in some states of India, the Empowered Group of Ministers (EGoM) chaired by Agriculture Minister Sharad Pawar is going to hold a meeting to discuss measures to tackle the situation. The primary focus of the meeting will be on addressing fodder and water scarcity, besides insulating farmers from higher input costs.

The EGoM will also concentrate on limiting stockholdings and a possible ban on futures trade in agricultural items. The government might also consider providing a diesel and electricity subsidy to farmers in the four worst-hit states of Rajasthan, Gujarat, Karnataka and Maharashtra.

The annual monsoon rains in India has recorded a 21% decline since the four-month season began in June.  Karnataka, Maharashtra, Gujarat and Rajasthan are currently facing drought-like conditions throwing threat to the sowing of kharif crops.

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