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Farmers face fourth failure: Dry spell hits dal, wheat crop -Harish Damodaran

-The Indian Express Farmers have so far sown only 38.91 lakh hectares (lh) under pulses in the current rabi season from October. Dry weather extending to the post-monsoon period has led to reduced plantings of most rabi crops, raising the prospect of a fourth consecutive harvest failure for farmers and also making it more difficult for the RBI to slash interest rates. Farmers have so far sown only 38.91 lakh hectares (lh)...

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Unpaid subsidy means FCI to be starved of funds by December -Sandip Das

-The Financial Express Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Unless the finance ministry releases a good part of the unpaid subsidy of Rs 58,000 crore or let Life Insurance Corporation raise Rs 40,000 crore to support FCI soon,...

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The farm test

-The Indian Express Government cannot afford to wait any longer to address the building agricultural distress. The government and the political class seem oblivious to a deepening farm crisis, resulting from back-to-back monsoon failures and falling crop prices. One indicator of the growing agrarian distress is farmer suicides, no longer a phenomenon confined to Vidarbha or Telangana. The current year has seen farmers even in states like Karnataka, Odisha and Madhya...

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Pulses buffer stock

-PTI The Agriculture Ministry has moved a proposal to create a buffer stock of 3.5 lakh tonnes of lentils during the current 2015-16 crop year through domestic purchase or imports to prevent a further price rise in pulses. “The Agriculture Ministry has sought inter-ministerial comments on a proposal to create a buffer stock of 3.5 lakh tonnes of pulses in 2015-16 crop year,” sources said. Out of the proposed 3.5 lakh tonnes, about...

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For drought-hit farmers, higher compensation still a pittance -Sanyantan Bera

-Livemint.com The govt did increase compensation for crop damage to 50% and even relaxed norms for claims but farmers will get less than a fifth of what they have lost to drought New Delhi: In April, Narendra Modi announced an increase in compensation for crop damage, a move the prime minister termed as a landmark decision and one that will impose a great burden on his government. His announcement followed unseasonal...

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