The new high tech, high speed hoarders have replaced many of the street vendors of black market goods shut out in a crackdown by President Nicolas Maduro's government. Maduro has declared "economic war" on black marketers and also on some private retailers, including the Farmatodo pharmacy chain and Dia a Dia supermarkets, which he nationalized after accusing them of market manipulation..
Despite theMet department's prediction of a normal monsoon this year, the Centre is not taking any chances and has cautioned the state governments to prepare for the worst, according to report in The Hindu.Union Agriculture Minister Radha Mohan Singh has written a letter to the chief ministers of all the states and Union Territories asking them to review their ability to deal with drought like conditions should the South West monsoon come a cropper. He has also directed them to set up drought management centres.Many southern states are still reeling under water scarcity from poor rainfall last year, while others received plentiful rains leading to bumper production.In its first stage forecast issued last month, the India Meteorological Department had predicted a normal monsoon with 96 percent average rainfall.The agriculture minister also directed the States to check the availability of drought resistant seeds and to set aside 25 per cent of funds received under centrally sponsored schemes as flexi funds to deal with theadverse impact of natural calamities.The report quoted a source in the Ministry of Earth Sciences as saying that the minister's note of caution could be based on past experience, where rains are not evenly distributed across the country even during a normal monsoon.The monsoon is critical this year because, apart from ending a drought in the southern states, a good farm output will help keep prices under check.
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