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Leaks in lending

-Business Standard Subsidised farm credit also goes to companies There has been a massive surge in institutional agricultural credit over the past decade. But the benefit of that has not reached as much to farmers as it has to agri-businesses and companies branching out into agriculture-related activities. This is clear from an analytical study of agricultural credit by scholars at the Tata Institute of Social Sciences, based on a Reserve Bank of...

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Millions of Indian Farmers Hit by Spell of Unseasonable Rains -Anjana Pasricha

-Voice of America NEW DELHI: Unseasonable rains and hailstorms have damaged wide swathes of crops in India, one of the world’s biggest producers of commodities such as wheat. The government has promised to enhance compensation for millions of farmers, who are staring at huge losses. Rains lashed much of India through March -- normally the time when dry weather and rising temperatures ripen the wheat crop, making it ready to harvest. Besides wheat,...

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Rain-hit farmers line up for help at Agra mental institute -Aditya Dev

-The Times of India AGRA: Unseasonal rains that lashed fields across northern India and destroyed crops have not only driven farmers to commit suicide by the dozens, many are now lining up at mental hospitals for help. In just the last one month, there has been a staggering 33% increase in patients visiting Agra's renowned Institute of Mental Health and Hospital (IMHH). Doctors at the hospital told TOI on Monday that almost...

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From plate to plough: A Baisakhi gift for the farmer -Ashok Gulati

-The Indian Express Unseasonal rains are breaking the back of Indian farmers. The prime minister has taken the first step by deciding to raise the existing norms of compensation by a hefty 50 per cent - from the existing Rs 9,000 per hectare for irrigated crop, Rs 4,500 per ha for unirrigated crop and Rs 12,000 per ha for perennial crop. Further, the compensation will be given to all those who...

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In Vidarbha, First the Skies Dried Up, Then the Government's Promises -Sreenivasan Jain

-NDTV Vidarbha, Maharashtra: First the skies dried up, and then it rained heavily, too heavily for Ramesh Khamankar's cotton crop. In January, the cotton farmer from Maharashtra's Vidarbha region poisoned himself to death. The crisis that has engulfed this region this year was not just of bad weather, but also one which had its origins miles away from the ruined cotton fields of Vidarbha. Falling demand from China pushed down the...

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