-The Tribune Rural debt doubles to Rs 80,000 crore in 7 years | Most deaths reported in Bathinda, Mansa, Muktsar Chandigarh: With the rural indebtedness in Punjab’s predominant agrarian economy touching Rs 80,000 crore, each rural household in the state is under a debt of an average Rs. 8 lakh. Or simply put, 89 per cent of the 10.53 lakh households in Punjab are under debt. This also shows how rural indebtedness in...
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MS Swaminathan, Father of the Indian Green Revolution and renowned agri-scientist, interviewed by Rajalakshmi Nirmal (The Hindu Business Line)
-The Hindu Business Line MS Swaminathan talks of the problems plaguing farmers and possible solutions Father of the Indian Green Revolution and renowned agri-scientist, Prof MS Swaminathan, in an interview with BusinessLine, states emphatically that the Centre’s promise of doubling farmer income can become a reality if careful thought is applied and a comprehensive plan is drawn up. The role of the State and the public are crucial here, he stresses. Excerpts: *...
More »Farmers are using futures contracts to counter price risks -Sayantan Bera
-Livemint.com According to NCDEX, over 25,000 small and marginal farmers from 13 FPOs have successfully hedged their crops on its trading platform in the past 10 months New Delhi: In a bumper crop year when farmers across the country have been battered by lower crop prices, farmers’ groups are using futures contracts to hedge against price dips during the harvest season. For instance, Samriddhi Mahila Crop Production Co. Ltd, a farmer-producer organization (FPO)...
More »Five reasons why economists doubt India's October-December GDP growth of 7% -Raj Kumar Ray
-Hindustan Times New Delhi: India’s economic growth of 7% during October-December has sparked a debate on how output grew so fast at a time when the country was facing its biggest-ever cash crunch after Prime Minister Narendra Modi announced on November 8 the demonetisation exercise, which weeded out 86% of the currency notes in circulation. Economists and experts cite at least five reasons why the government data of a robust economic growth...
More »Art of Living Foundation must pay remaining fine for damaging Yamuna floodplains: NGT
-Down to Earth Sri Sri Ravishankar’s organisation went back on its commitment to pay the fine for hosting a three-day festival that affected Yamuna floodplains The Art of Living Foundation, which is led by spiritual guru Sri Sri Ravishankar, must pay remaining Rs 4.75-crore fine for hosting a massive festival on the banks of the River Yamuna in Delhi, the National Green Tribunal (NGT) said today. Strongly criticising organisation for going ahead...
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