'Erratic rainfall and rising input costs forcing farmers to migrate' “Unable to clear a loan of Rs 2 lakh, my son committed suicide. I had to sell my ancestral house and cattle to repay the loan,” says Lakshmi Devi, 48, of Pathakotha Cheruvu village in Andhra Pradesh’s Anantapur district. Devi's woes did not end with the repayment of loan. Managing her farm is becoming increasingly difficult, partly because it is expensive,...
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Farmers demand separate budget for eco fertilisers by Trithesh Nandan
“Huge subsidy on chemical fertilisers unmindful, useless” Small and marginal farmers have raised the demand for special allocation for organic farming and ecological fertilisation in the forthcoming budget, which finance minister Pranab Mukherjee will present on March 16. According to them, chemical fertilisers, the subsidy for which is likely to touch Rs 1 lakh crore in 2011-12, are not benefitting the soil and are burdening them with high-cost cultivation instead. “The government...
More »Ramesh wants to sidestep food security Bill categories by Liz Mathew
Rural development minister Jairam Ramesh wants to sidestep categories proposed under the food security law to make sure that the welfare impact of the legislation isn’t nullified because a count that’s central to it hasn’t been completed across large parts of the nation. Ramesh wants 25kg of foodgrain given every month to 75% of the rural poor and 50% of the urban poor at subsidized rates. The National Food Security Bill, which...
More »Panel to monitor NREGS implementation
-The Hindu A standing committee of the Legislature comprising members from the Assembly and the Council will oversee the implementation of Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) and other rural development schemes to put an end to embezzlement of its funds. Responding to a demand made by the Opposition in the Assembly on Friday for constitution of a House Committee to go into the irregularities in implementation of the...
More »Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari
The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector. In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before. "Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending...
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