-The Indian Express The failure of populist rural credit schemes stems primarily from poor understanding of farm indebtedness in the first place. From the 1970s, a lot of private investment in tube-well irrigation, farm mechanisation and allied agricultural activities took place with bank credit support. After the establishment of National Bank for Agriculture and Rural Development (NABARD) in 1982, institutional credit flows not only accelerated, but also exhibited diversification to fund livestock...
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Crop diversification: When farmers' incentives clash with policymakers goals -Anju Agnihotri Chaba
-The Indian Express The Punjab government has sought to bring 5 lh area in the state under maize, as part of the original plan of reducing paddy area by 12 lh between 2012-13 and 2017-18. Jalandhar: For policymakers wanting to wean away Punjab farmers from water-guzzling paddy, 1.35 lakh hectares (lh) area sown under maize this kharif season may not seem bad, even if it is way below the 29.11 lh...
More »Pink bollworm strikes cotton crop in Gujarat
-The Financial Express Flood-affected cotton farmers in Gujarat are now worried about pink bollworm attacks on the cotton crop. According to the farmers, almost the entire Saurashtra region of the state has been stricken by the insect, while north Gujarat has been partially affected. Gujarat is the largest cotton-producing state in India. According to the data of Gujarat’s agriculture department, cotton sowing has been done on over 2.63 million hectares as on...
More »How will farm loan waivers impact the Indian economy? -Tadit Kundu
-Livemint.com Farm loan waivers will strain the finances of states, and harm both farmers and banks over the long run In its policy statement released last week, the monetary policy committee (MPC) of the Reserve Bank of India (RBI) pointed out that the implementation of farm loan waivers across states could hurt the finances of states and make them throw good money after bad, and stoke inflation. How much of an impact will...
More »Crops face moisture stress, drought threat looms large -Partha Sarathi Biswas
-The Indian Express According to experts, June has been a good month for the state, with farmers speeding up sowing. However, absence of rains towards the end of June, mostly in Marathwada and Vidharbha regions, had harmed the crops during the crucial growth phase. Pune: AS MAHARASHTRA reported more than 90 per cent sowing, moisture stress is now threatening the survival of standing crops in various parts of the state. As per...
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