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Rural distress is real: Negative monthly growth of real wage rates witnessed in rural areas for 9 consecutive months, starting from November 2017

  Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...

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About 44% of PM-KISAN beneficiaries await payment from Centre -Priscilla Jebaraj

-The Hindu New Delhi: With just 10 days to go for the first payout deadline under PM-KISAN, only 2.74 crore farm families, or about 56% of the total list of 4.92 crore names submitted by States, have been paid so far. The remaining 2.18 crore farm families are still awaiting processing or are caught somewhere within a four-stage validation process set up belatedly to weed out fakes. The scheme to pay Rs....

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Karnataka may weed out 7 lakh farm loans from waiver scheme -Sharath S Srivatsa

-The Hindu In case of loan in both cooperative and commercial banks, the former qualifies for waiver Bengaluru: The intensive de-duplication work to identity farmers eligible for loan waiver is expected to identify at least 7 lakh people who have loans in both cooperative sector and commercial banks, resulting in saving of at least Rs.6,000 crore to the State exchequer. A farmer will be eligible for loan waiver from one of the...

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Government may sow big scheme to weed out farm distress -Deepshikha Sikarwar

-The Economic Times With the general election a few months away, the central government has begun crunching the numbers in preparation for a comprehensive programme to help farmers tide over challenges posed by a dip in prices and dwindling incomes. The government is keen on a more substantive intervention than a loan waiver at the central level to alleviate agrarian distress besides stepping up investments in the sector, having concluded that writing...

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Tribal farmer reaps it rich in 'sama' cultivation

-The Hindu Sonnu gets yield of 6.5 quintals an acre VISAKHAPATNAM (Andhra Pradesh): Following zero budget natural farming, Pangi Sonnu of Araku Valley mandal cultivated sama (little millet) got a yield of 6.5 quintals an acre. The crop-cutting experiment in a 5x5 square metre plot was conducted at the ZBNF Sama festival at Baliyaguda village on Friday. The festival was organised by Agriculture Department, Andhra Pradesh Rythu Sadhikara Samstha, Azim Premji Philanthropic Initiatives, Sanjeevini...

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