-Reuters KHAMMAM (India): It was a deal struck almost 40 years ago by a poor, illiterate Indian farmer, driven by desperation after a drought wiped out his crops and left his family close to starvation. The agreement: 10 acres of land, the size of four soccer pitches, for a mere 10 kg (22 lbs) of sorghum grains. "My father-in-law pawned the land for food," said Kowasalya Thati, lifting the hem of...

BANWARA, India – In the fall of 2006, Gita Devi was pregnant with her sixth child when her family fell on hard times. A severe drought made it more difficult than ever to find farm work here in India’s northeastern plains. The family couldn’t afford food. It was unable to get a government ration card to buy grains and rice at steep discounts, even though it clearly was poor enough to...

The finance ministry has asked public sector banks to devise products for Indian farmers to ensure they get adequate funding in emergencies. The government, the majority owner of such banks, wants them to roll out products such as emergency loans to farmers that will be linked to savings accounts, a weather index-based insurance product, and set up a credit guarantee fund that will aid farmers in the event of crop losses...

-The Hindu Repayment of all cooperative Crop Loans to be staggered The State government on Tuesday announced in the Legislative Assembly that there would be waiver of land revenue collection in all the 123 drought-hit taluks encompassing 24 districts of the State, with immediate effect. Chief Minister D.V. Sadananda Gowda, replying to a discussion (initially sought to be taken up as an adjournment motion) on the drought which was brought on by deficient...

The second green revolution found a mention in the Union Budget as a big achievement for the government. But, while paddy production went up manifold in eastern India, did it help its producers? In Finance Minister Pranab Mukherjee’s home state of West Bengal, there was agony everywhere in the last few months, as paddy and potatoes were selling cheap and pauperised cultivators were killing themselves. The government was nowhere to procure...