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Agriculture growth negative in last five years -V Geetanath

-The Hindu Nabard report says high dependency on well irrigation coupled with low rainfall is acting as a constraint for achieving high farm growth Hyderabad: Agriculture growth in the last five years has been negative though it has been compensated by contribution from allied agricultural activities in Telangana, said the National Bank for Agriculture and Rural Development (Nabard) in a report presented at the credit plan seminar on Friday. Expressing the bank’s perspective...

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Towards less-cash agriculture: Well before demonetisation, low credit-driven model came up in Dewas -Vivian Fernandes

-The Financial Express In Madhya Pradesh’s tribal districts of Dewas and Khargone, the NGO, Samaj Pragati Sahayog, discourages cash transactions for agricultural inputs. The interest rates are usurious and vary according to commodities. For fertiliser, it is dheda—loan for the stuff has to be repaid 1.5 times over by the end of the harvest season. For pesticides it is sawa, or 1.25 times. Even barter can be extortionate. One quintal of...

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Demonetisation, farmer suicides, and the Union budget -Roshan Kishore

-Livemint.com Crash in farm prices could accentuate bankruptcy, which was the biggest reason for farmer suicides in 2014 and 2015 After two successive years of drought, 2016 was turning out to be a relatively better year for farmers till 8 November. The decision to scrap high-value currency notes, announced on that day, seems to have hit the farm sector the hardest. While credible and timely data on farm incomes and output is hard...

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Between 2014 & 2015, farm suicides rise by 2 percent

The Bharatiya Janata Party's (BJP) election manifesto for 2014 Lok Sabha election says that if elected to the Centre, it will then "(p)ut in place welfare measures for farmers above 60 years in age, small and marginal farmers and farm labours", among other things. Despite the formation of a BJP led National Democratic Alliance (NDA) government at the Centre in 2014, the latest available data on farm suicides from the...

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Utsa Patnaik, professor emeritus at Jawaharlal Nehru University, interviewed by TK Rajalakshmi

-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...

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