Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6800e9cabae21-trace').style.display = (document.getElementById('cakeErr6800e9cabae21-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6800e9cabae21-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6800e9cabae21-code').style.display = (document.getElementById('cakeErr6800e9cabae21-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6800e9cabae21-context').style.display = (document.getElementById('cakeErr6800e9cabae21-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6800e9cabae21-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
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		&#039;title&#039; =&gt; &#039;Maharashtra: Can pledge loan scheme help tide over &amp;#039;tur&amp;#039; crisis? -Abhiram Ghadyalpatil&#039;,
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-Livemint.com&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Could Maharashtra government and the Centre have mitigated Maharashtra&amp;rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials.&lt;br /&gt;
&lt;br /&gt;
Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse.&lt;br /&gt;
&lt;br /&gt;
Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. &lt;br /&gt;
&lt;br /&gt;
India is the world&amp;rsquo;s largest producer, consumer, and importer of pulses including tur and Maharashtra is India&amp;rsquo;s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government&amp;rsquo;s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented.&lt;br /&gt;
&lt;br /&gt;
According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans.&lt;br /&gt;
&lt;br /&gt;
Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt&amp;mdash;an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. &lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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-Livemint.com

Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers

Could Maharashtra government and the Centre have mitigated Maharashtra&amp;rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes,...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-Livemint.com&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Could Maharashtra government and the Centre have mitigated Maharashtra&amp;rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials.&lt;br /&gt;&lt;br /&gt;Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse.&lt;br /&gt;&lt;br /&gt;Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. &lt;br /&gt;&lt;br /&gt;India is the world&amp;rsquo;s largest producer, consumer, and importer of pulses including tur and Maharashtra is India&amp;rsquo;s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government&amp;rsquo;s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented.&lt;br /&gt;&lt;br /&gt;According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans.&lt;br /&gt;&lt;br /&gt;Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt&amp;mdash;an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. &lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html&quot; title=&quot;http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;,
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&lt;br /&gt;
&lt;em&gt;Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Could Maharashtra government and the Centre have mitigated Maharashtra&amp;rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials.&lt;br /&gt;
&lt;br /&gt;
Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse.&lt;br /&gt;
&lt;br /&gt;
Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. &lt;br /&gt;
&lt;br /&gt;
India is the world&amp;rsquo;s largest producer, consumer, and importer of pulses including tur and Maharashtra is India&amp;rsquo;s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government&amp;rsquo;s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented.&lt;br /&gt;
&lt;br /&gt;
According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans.&lt;br /&gt;
&lt;br /&gt;
Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt&amp;mdash;an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. &lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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-Livemint.com

Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers

Could Maharashtra government and the Centre have mitigated Maharashtra&amp;rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes,...&#039;
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-Livemint.com

Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers

Could Maharashtra government and the Centre have mitigated Maharashtra&rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes,..."/>
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                <strong>Maharashtra: Can pledge loan scheme help tide over &#039;tur&#039; crisis? -Abhiram Ghadyalpatil</strong></h1>
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                <div align="justify">-Livemint.com<br /><br /><em>Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers<br /></em><br />Could Maharashtra government and the Centre have mitigated Maharashtra&rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials.<br /><br />Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse.<br /><br />Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. <br /><br />India is the world&rsquo;s largest producer, consumer, and importer of pulses including tur and Maharashtra is India&rsquo;s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government&rsquo;s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented.<br /><br />According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans.<br /><br />Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt&mdash;an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. <br /><br />Please <a href="http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html" title="http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html">click here</a> to read more. <br /></div>               </font>
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-Livemint.com&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Could Maharashtra government and the Centre have mitigated Maharashtra&amp;rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials.&lt;br /&gt;
&lt;br /&gt;
Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse.&lt;br /&gt;
&lt;br /&gt;
Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. &lt;br /&gt;
&lt;br /&gt;
India is the world&amp;rsquo;s largest producer, consumer, and importer of pulses including tur and Maharashtra is India&amp;rsquo;s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government&amp;rsquo;s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented.&lt;br /&gt;
&lt;br /&gt;
According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans.&lt;br /&gt;
&lt;br /&gt;
Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt&amp;mdash;an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. &lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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-Livemint.com

Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers

Could Maharashtra government and the Centre have mitigated Maharashtra&amp;rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes,...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-Livemint.com&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Could Maharashtra government and the Centre have mitigated Maharashtra&amp;rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials.&lt;br /&gt;&lt;br /&gt;Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse.&lt;br /&gt;&lt;br /&gt;Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. &lt;br /&gt;&lt;br /&gt;India is the world&amp;rsquo;s largest producer, consumer, and importer of pulses including tur and Maharashtra is India&amp;rsquo;s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government&amp;rsquo;s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented.&lt;br /&gt;&lt;br /&gt;According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans.&lt;br /&gt;&lt;br /&gt;Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt&amp;mdash;an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. &lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html&quot; title=&quot;http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;,
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-Livemint.com&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Could Maharashtra government and the Centre have mitigated Maharashtra&amp;rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials.&lt;br /&gt;
&lt;br /&gt;
Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse.&lt;br /&gt;
&lt;br /&gt;
Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. &lt;br /&gt;
&lt;br /&gt;
India is the world&amp;rsquo;s largest producer, consumer, and importer of pulses including tur and Maharashtra is India&amp;rsquo;s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government&amp;rsquo;s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented.&lt;br /&gt;
&lt;br /&gt;
According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans.&lt;br /&gt;
&lt;br /&gt;
Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt&amp;mdash;an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. &lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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-Livemint.com

Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers

Could Maharashtra government and the Centre have mitigated Maharashtra&amp;rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes,...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-Livemint.com&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Could Maharashtra government and the Centre have mitigated Maharashtra&amp;rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials.&lt;br /&gt;&lt;br /&gt;Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse.&lt;br /&gt;&lt;br /&gt;Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. &lt;br /&gt;&lt;br /&gt;India is the world&amp;rsquo;s largest producer, consumer, and importer of pulses including tur and Maharashtra is India&amp;rsquo;s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government&amp;rsquo;s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented.&lt;br /&gt;&lt;br /&gt;According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans.&lt;br /&gt;&lt;br /&gt;Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt&amp;mdash;an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. &lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html&quot; title=&quot;http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;
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Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers

Could Maharashtra government and the Centre have mitigated Maharashtra&rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes,..."/>
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                <strong>Maharashtra: Can pledge loan scheme help tide over &#039;tur&#039; crisis? -Abhiram Ghadyalpatil</strong></h1>
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                <div align="justify">-Livemint.com<br /><br /><em>Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers<br /></em><br />Could Maharashtra government and the Centre have mitigated Maharashtra&rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials.<br /><br />Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse.<br /><br />Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. <br /><br />India is the world&rsquo;s largest producer, consumer, and importer of pulses including tur and Maharashtra is India&rsquo;s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government&rsquo;s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented.<br /><br />According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans.<br /><br />Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt&mdash;an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. <br /><br />Please <a href="http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html" title="http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html">click here</a> to read more. <br /></div>               </font>
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-Livemint.com&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Could Maharashtra government and the Centre have mitigated Maharashtra&amp;rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials.&lt;br /&gt;
&lt;br /&gt;
Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse.&lt;br /&gt;
&lt;br /&gt;
Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. &lt;br /&gt;
&lt;br /&gt;
India is the world&amp;rsquo;s largest producer, consumer, and importer of pulses including tur and Maharashtra is India&amp;rsquo;s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government&amp;rsquo;s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented.&lt;br /&gt;
&lt;br /&gt;
According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans.&lt;br /&gt;
&lt;br /&gt;
Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt&amp;mdash;an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. &lt;br /&gt;
&lt;br /&gt;
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Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers

Could Maharashtra government and the Centre have mitigated Maharashtra&amp;rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes,...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-Livemint.com&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Could Maharashtra government and the Centre have mitigated Maharashtra&amp;rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials.&lt;br /&gt;&lt;br /&gt;Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse.&lt;br /&gt;&lt;br /&gt;Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. &lt;br /&gt;&lt;br /&gt;India is the world&amp;rsquo;s largest producer, consumer, and importer of pulses including tur and Maharashtra is India&amp;rsquo;s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government&amp;rsquo;s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented.&lt;br /&gt;&lt;br /&gt;According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans.&lt;br /&gt;&lt;br /&gt;Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt&amp;mdash;an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. &lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html&quot; title=&quot;http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;,
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	&#039;title&#039; =&gt; &#039;Maharashtra: Can pledge loan scheme help tide over &amp;#039;tur&amp;#039; crisis? -Abhiram Ghadyalpatil&#039;,
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-Livemint.com&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Could Maharashtra government and the Centre have mitigated Maharashtra&amp;rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials.&lt;br /&gt;
&lt;br /&gt;
Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse.&lt;br /&gt;
&lt;br /&gt;
Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. &lt;br /&gt;
&lt;br /&gt;
India is the world&amp;rsquo;s largest producer, consumer, and importer of pulses including tur and Maharashtra is India&amp;rsquo;s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government&amp;rsquo;s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented.&lt;br /&gt;
&lt;br /&gt;
According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans.&lt;br /&gt;
&lt;br /&gt;
Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt&amp;mdash;an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. &lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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-Livemint.com

Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers

Could Maharashtra government and the Centre have mitigated Maharashtra&amp;rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes,...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-Livemint.com&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Could Maharashtra government and the Centre have mitigated Maharashtra&amp;rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials.&lt;br /&gt;&lt;br /&gt;Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse.&lt;br /&gt;&lt;br /&gt;Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. &lt;br /&gt;&lt;br /&gt;India is the world&amp;rsquo;s largest producer, consumer, and importer of pulses including tur and Maharashtra is India&amp;rsquo;s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government&amp;rsquo;s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented.&lt;br /&gt;&lt;br /&gt;According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans.&lt;br /&gt;&lt;br /&gt;Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt&amp;mdash;an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. &lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html&quot; title=&quot;http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;
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Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers

Could Maharashtra government and the Centre have mitigated Maharashtra&rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes,..."/>
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                <strong>Maharashtra: Can pledge loan scheme help tide over &#039;tur&#039; crisis? -Abhiram Ghadyalpatil</strong></h1>
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                <div align="justify">-Livemint.com<br /><br /><em>Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers<br /></em><br />Could Maharashtra government and the Centre have mitigated Maharashtra&rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials.<br /><br />Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse.<br /><br />Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. <br /><br />India is the world&rsquo;s largest producer, consumer, and importer of pulses including tur and Maharashtra is India&rsquo;s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government&rsquo;s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented.<br /><br />According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans.<br /><br />Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt&mdash;an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. <br /><br />Please <a href="http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html" title="http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html">click here</a> to read more. <br /></div>               </font>
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-Livemint.com<br />
<br />
<em>Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers<br />
</em><br />
Could Maharashtra government and the Centre have mitigated Maharashtra&rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials.<br />
<br />
Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse.<br />
<br />
Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. <br />
<br />
India is the world&rsquo;s largest producer, consumer, and importer of pulses including tur and Maharashtra is India&rsquo;s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government&rsquo;s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented.<br />
<br />
According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans.<br />
<br />
Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt&mdash;an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. <br />
<br />
Please <a href="http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html">click here</a> to read more. <br />
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-Livemint.com

Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers

Could Maharashtra government and the Centre have mitigated Maharashtra&rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes,...',
	'disp' => '<div align="justify">-Livemint.com<br /><br /><em>Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers<br /></em><br />Could Maharashtra government and the Centre have mitigated Maharashtra&rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials.<br /><br />Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse.<br /><br />Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. <br /><br />India is the world&rsquo;s largest producer, consumer, and importer of pulses including tur and Maharashtra is India&rsquo;s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government&rsquo;s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented.<br /><br />According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans.<br /><br />Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt&mdash;an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. <br /><br />Please <a href="http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html" title="http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html">click here</a> to read more. <br /></div>',
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	'title' => 'Maharashtra: Can pledge loan scheme help tide over &#039;tur&#039; crisis? -Abhiram Ghadyalpatil',
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-Livemint.com<br />
<br />
<em>Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers<br />
</em><br />
Could Maharashtra government and the Centre have mitigated Maharashtra&rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials.<br />
<br />
Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse.<br />
<br />
Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. <br />
<br />
India is the world&rsquo;s largest producer, consumer, and importer of pulses including tur and Maharashtra is India&rsquo;s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government&rsquo;s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented.<br />
<br />
According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans.<br />
<br />
Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt&mdash;an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. <br />
<br />
Please <a href="http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html">click here</a> to read more. <br />
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-Livemint.com

Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers

Could Maharashtra government and the Centre have mitigated Maharashtra&rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes,...'
$disp = '<div align="justify">-Livemint.com<br /><br /><em>Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers<br /></em><br />Could Maharashtra government and the Centre have mitigated Maharashtra&rsquo;s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials.<br /><br />Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse.<br /><br />Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. <br /><br />India is the world&rsquo;s largest producer, consumer, and importer of pulses including tur and Maharashtra is India&rsquo;s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government&rsquo;s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented.<br /><br />According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans.<br /><br />Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt&mdash;an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. <br /><br />Please <a href="http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html" title="http://www.livemint.com/Politics/vVVTs3yDUX73ycbeIcR68J/Maharashtra-Can-pledge-loan-scheme-help-tide-over-tur-cri.html">click here</a> to read more. <br /></div>'
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Maharashtra: Can pledge loan scheme help tide over 'tur' crisis? -Abhiram Ghadyalpatil

-Livemint.com Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers Could Maharashtra government and the Centre have mitigated Maharashtra’s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials. Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse. Timely government intervention to facilitate pledge loans could have checked the tur crisis early as the government found itself unable to procure the record output of 2.35 million tonnes at the promised price of Rs5,050 a quintal, experts said. They said a government-sponsored pledge loan scheme could still help it tide over the crisis and provide relief to farmers. India is the world’s largest producer, consumer, and importer of pulses including tur and Maharashtra is India’s largest tur-growing state. According to the second advance estimates of the Union agriculture ministry, India produced a record 4.23 million tonnes this season, against 2.56 million tonnes in 2015-16. So far, the government agencies have purchased only 1.35 million tonnes at the minimum supported price (MSP), of which Maharashtra accounts for the largest share of 600,000 tonnes. Farmers, frustrated by government’s failure to buy at MSP on a large scale, have sold off their tur produce to traders at Rs4,100-4,200 per quintal in Maharashtra. Experts and tur market stakeholders say this could have been prevented. According to an official at the National Bulk Handling Corporation (NBHC), a leading provider of services like commodity and collateral management and which has more than 2,000 warehouses in 23 states with a total capacity of 34.7 million tonnes of farm commodities, banks have extended around Rs50,000 crore of pledge loans to farmers. He said NBHC managed farm commodities as collateral for 55 leading banks and the government should have intervened to promote pledge loans. Farmers can take pledge loans in two ways. One, they deposit their produce with a warehouse accredited by the Warehouse Development and Regulatory Authority (WDRA). The warehouse issues a receipt to the farmers. The farmers take the receipt, which mentions details about the quantity and quality of the produce deposited, to a lending institution which offers them credit of 70-85% of the total cost of the produce based on its current market price. In the second option, the farmer can identify a buyer for his produce and get credit on a warehouse receipt—an agreement signed between the farmer and buyer as a future contract. The farmers can repay the loan on by timing the sale of their produce to market conditions. Please click here to read more.