-The New Indian Express The financial distress in the rural sector, especially borne by the farmers and reflected in farmer suicides, is a matter of concern for the nation. The rural economy housing nearly two-thirds of the population is vital for the development of the nation as it not only supplies food for consumption but also provides a market for industrial output. The rural people, due to lack of awareness of...
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Tractor sales: Mirroring the rural distress -Harish Damodaran
-The Indian Express While tractor sales trebled during FY04-14, the last year saw a reversal in the trend with the agri industry facing multiple issues. If there is one indicator capturing the changes that took place in rural India over the past decade, along with the emerging signs of distress in the last year, it is the sales of tractors. Between 2003-04 and 2013-14, domestic tractor sales more than trebled from under...
More »Indian agriculture at cross roads: MS Swaminathan
-ANI Chennai: Indian agriculture is at the cross roads, Dr. M.S. Swaminathan, father of India's first Green Revolution, has warned. Lamenting on the state of Indian farmers, especially farmers with small land-holdings, Dr. Swaminathan said, "The market economy certainly is not friendly to small farmers. WTO regulations are also hindrance. Even in the United States which is the heartland of the free market economy, farmers are insulated from market shocks through heavy...
More »Growing 1,00,000kg brinjal in Bastar, this farmer earns big
-The Times of India RAIPUR: Adopting grafting method and other technology, a Bastar-based farmer has overcome the tribal region's airborne disease bacterial wilt, which hampered the cultivation of brinjal vegetable in this region of Chhattisgarh. Progressive farmer Ramesh Chawda now gets an yield of 1,25,000kg of brinjal from each acre of his 2.5 acres land. To make brinjal cultivation a success in this terrain, he adopted the horticulture technique of grafting the...
More »Land acquisition issues stall only 8% of all industrial projects -Prachi Salve
-IndiaSpend.com About 8% of 804 industrial projects – with a planned investment of Rs 421,062 crore ($67.91 billion) – across India are in limbo because of land-acquisition problems, according to data released by the finance ministry. The data complement a 2014 Comptroller and Auditor General report that says 38% of land acquired for special economic zones has not been used. The leading causes for stalled plans were unfavourable market conditions (98 projects) –...
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